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National Retail Solutions Inc., a provider of point-of-sale technology to independent retailers, reported same-store sales in April among retailers in its network grew 6.5% compared to the same period a year earlier. The increase was a significant jump from the 0.1% increase in same-store sales in March, compared to a year earlier.
For the three months ended April 30, same-store sales increased 7.9% compared to the same period in 2022. The NRS retail network comprises 24,000 terminals at independent retailers, including bodegas, convenience stores, liquor stores, and grocers nationwide.
“The three-month rolling average of NRS same-store sales … substantially outpace[ed] the prior months’ U.S. Commerce Department’s comparable retail same-store metric,” Suzy Silliman, senior vice president of data strategy and sales for NRS, says in a statement. “The persistent variance likely reflects the overweighting of food, household essential items, and other necessities at neighborhood retailers compared to the broader retail marketplace as well as the recent uptick in U.S. brick-and-mortar retail sales versus e-commerce.”
During the past five months, the NRS three month average for same-store sales has outpaced the Commerce Department’s Advance Monthly Retail Trade data, excluding food services, by 4.5 percentage points, on average, the company says.
The NRS 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.
In related news, NCR Corp. announced that Texas-based Brookshire Grocery Company will begin rolling out at its 206 stores NCR Emerald, a cloud-enabled, retail point-of-sale solution featuring standard configurations and immediate integrations with NCR hardware, software, and application programming interfaces.
Brookshire says the rollout will simplify and standardize its stores’ infrastructure.
