Same-store sales sees a slight dip in the 1st week of August
Independent grocers report same-store sales for the first week of August were down 0.01 percent. The consumer counts for this week was also down 1.11 percent.
Productivity rises 2.3% in second-quarter 2019; unit labor costs rise 2.4% (annual rates)
Productivity increased 2.3 percent in the nonfarm business sector in the second quarter of 2019; unit labor costs increased 2.4 percent (seasonally adjusted annual rates). In manufacturing, productivity decreased 1.6 percent and unit labor costs increased 5.8 percent. Read more
FMS Solutions Holdings LLC (FMS) — Since 1974, FMS has helped independent retail grocers succeed by transforming historic accounting activities into timely, accurate decision support tools. The company’s keen understanding of the challenges the industry faces has positioned it as the National Grocers Association’s (NGA) preferred provider of industry benchmarking, best practices and mission-critical decision support. FMS is headquartered in Maryland with additional offices in Pennsylvania, New Jersey, Florida, Tennessee, Nebraska, Oregon, and Ontario, Canada. FMS services organizations in more than 4,200 locations across North America and the Caribbean, enabling them to improve profitability through better decision support. To learn more about FMS, please call 877.435.9400 or visitwww.fmssolutions.com.
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