TL;DR
A TDn2K report showed chain store comp sales grew 0.8 percent, while comp traffic dipped to 2.9 percent in May. The report noted positive sales in the Western portion of the U.S., but a decline in sales and traffic in New England.
A recent Fast Casual article detailed a TDn2K report that outlined the past three months of chain store sales data. The report stated that chain store comp sales grew 0.8 percent, while comp traffic dipped to 2.9 percent in May. TDn2K noted that this drop off isn't a concern because chain stores have seen flat or positive same-store growth for three months straight, which is a good sign.
In addition, guest count continues to decrease, but those who do visit are spending more, therefore pushing sales into the positives.
The report went on to detail the positive sales seen in the Western portion of the U.S. while New England has seen a 2.4 percent decline in sales and 5.1 percent decline in traffic. It also noted the turnover is the highest it's been in decades for both hourly and management-level staff.
In this story
This story was originally published in 1851 Franchise on June 8, 2018. Burnaze summarizes and links to the original reporting.
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