Insight Report 4 minutes PremiumFebruary 2020 US Same-Store Sales: Costco Comp Growth Increases on the Back of Coronavirus Buying Coresight Research March 9, 2020 What's InsideCoronavirus has landed in the US in a big way, not necessarily the number of cases but in terms of public perception, which is driving some dramatic changes in consumer behavior: Costco management said that coronavirus-related buying added three points to February same-store sales. Our monthly US Same-Store Sales Report reviews comparable sales metrics reported by Costco, Buckle and Cato. This report looks at February same-store sales for these three retailers: Costco’s same-store sales growth rate doubled in February over January, and online sales surged. Buckle, which carries a very different product line, did not grow as strongly. Cato’s same-store sales contracted. Coresight Research’s monthly reports keep you up to date on US and UK retail sales, US retail traffic and in-store metrics, selected US retailers’ same-store sales and key global consumer indicators. Click here to view our full collection of Monthly Reports. This report is for subscribers only. Learn more about subscriptions here.If you are a subscriber, please log in. This document was generated for Other research you may be interested in: Chinese New Year 2023 Preview: Travel Boost Expected as Government Lifts Zero-Covid PolicyCES 2023 Day Two: Deborah Weinswig Presents Key Opportunities for Retailers in the Face of Brisk HeadwindsJune 2023 US Retail Traffic and In-Store Metrics: Recovery Stalls as In-Store Sales Dip FurtherThe State of the American Mall: Competitive, Attractive and Here To Stay
