NRSInsights’ December 2023 Retail Same-Store Sales Report - Seite 2

“NRS has reported same-store sales year-over-year growth across dollars, units, and traffic each month in 2023 and, in aggregate, its retailers have consistently outperformed the U.S. retail sector as a whole. This reflects the important roles that these mom-and-pop retailers play within their urban communities and the loyalty of their customers.”

Retail Trade Comparative Data

The table below provides historical comparative data with the U.S. Commerce Department’s Advance Monthly Retail Trade same-store sales data excluding food service:

Over the past twelve months, the NRS network’s three-month moving average same-store sales have outpaced the US Commerce Department’s Advance Monthly Retail Trade data excluding food services by 4.5% percentage points, on average.

The NRSInsights data have not been adjusted to reflect inflation, demographic distributions, seasonal buying patterns, item substitution, or other factors that may facilitate comparisons to other periods, to other same-store retail sales data, or to the U.S. Commerce Department’s retail data.

NRSInsights Reports

The NRSInsights monthly Same-Store Retail Sales Reports are intended to provide timely topline data reflective of sales at NRS’ network of independent, predominantly urban, retail stores.

Same-store data comparisons of December 2023 with December 2022 are derived from approximately 159 million transactions processed through the 16,168 stores on the NRS network that scanned transactions in both months. Same-store data comparisons of December 2023 with November 2023 are derived from approximately 209 million transactions processed through 23,443 stores.

Same-store data comparisons for the three months ended December 31, 2023 with the year-ago three months are derived from approximately 458 million scanned transactions processed through the stores that were in the NRS network in both quarters.

NRS POS Network

The NRS network comprises approximately 28,300 active POS terminals operating in approximately 24,500 independent retail stores. Its platform predominantly serves small-format, independent, retail stores including convenience stores, bodegas, liquor stores, grocers, and tobacco and sundries sellers. The network includes retailers in all 50 states and in 197 of the 210 designated market areas (DMAs) in the United States. Over the past twelve months, NRS’ POS terminals have processed $17.2 billion in sales through approximately 1.2 billion transactions.