26 February 2018 0 Comments Posted By : Rob Starr

Brick-and-Mortar Stores See Sales Slump in January

The New Year didn’t start out well for brick and mortar retail stores across the United States. Sales declined 7.0 percent year over year combined with a 4.4 percent drop in traffic. The numbers mark the fourth time in six months sales numbers dropped quicker than those for traffic.

The latest Retail Performance Pulse Year over Year Report for January from RetailNext also saw a decrease in average transaction value, and resulting year over year decline in shopper yield further drove sales declines.

On a positive note, the decline in transactions was the lowest it’s been for the last six months at 3.4 percent.

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