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Closing July With 12% Increase In Same-Store Sales

Independent grocers reported their same-store sales for the last week of July were up 20.28 percent compared to the same week last year. This week the consumer count was down 3.66 percent compared to the same week in 2019.

The overall same-store sales for July increased by 12.90% compare to 2019 but the average foot traffic decreased by 6.11 percent.

Compensation costs up 0.5% Mar 2020 to Jun 2020 and up 2.7% over the year ending Jun 2020

Compensation costs rose 0.5 percent for civilian workers, seasonally adjusted, from March 2020 to June 2020. Over the year, compensation rose 2.7 percent, with wages and salaries rising 2.9 percent and benefit costs increasing 2.2 percent.

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Same Store Sales % Change from last year

Same Store Sales – Previous Months

FMS Solutions Holdings LLC (FMS) — Since 1974, FMS has helped independent retail grocers succeed by transforming historical 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. Headquartered in Florida, FMS has additional offices in Alabama, Minnesota, Missouri, Illinois, Pennsylvania, New Jersey, Maryland, Tennessee, Nebraska, Oklahoma, Oregon, Houston, Ontario (Canada), and Hyderabad (India). FMS services organizations in more than 5,000 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 visit www.fmssolutions.com.

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