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Euclid: December in-store sales mostly increase year-over-year
San Francisco – In-store sales mostly showed small improvements in December 2014 compared to the prior year. According to the latest U.S. Retail Benchmarks report from in-store analytics provider Euclid, there was 0.6% year-over-year growth in general merchandise, apparel, furniture and other retail sales and a 1.2% increase in clothing and apparel sales, but a 1.5% decline in general merchandise sales.
Here are some of Euclid’s other top findings in its December report around shopper behavior metrics:
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Gamers help lift Conn's in December
An improvement in delinquency rates helped Conn’s in December, as the company reported an 11.5% increase in total net sales.
Conn’s total sales, which the company reported at $132.4 million, were impacted approximately 7% by tighter consumer finance underwriting, the company said, which was implemented in response to rising credit delinquencies and defaults. The action improved 60-plus-day delinquency rates in December by 30 basis points over November, the company reported. The company also said same store sales edged up only 0.5% due to plummeting tablet demand.
