Insight Report 4 minutes PremiumNovember 2019 US Same-Store Sales: Costco Comp Growth Slows Coresight Research December 12, 2019 What's InsideCostco, Cato and Buckle all reported slowing or negative growth in same-store sales in November, with all showing slowdowns in online sales. Much of the slowdown can be attributed to the late Thanksgiving, which delayed the start of holiday shopping Cyber Monday ended up in December this year, which also hurt November online sales Cannabalization from new stores also hurt Costco same-store sales Cato’s CEO indicated the company remains cautiously optimistic about total holiday sales, and Coresight Research believes total holiday sales this year will end up strong. This report is for paying subscribers only. Already a paying subscriber? Please log in to see the entire report.If you wish to learn more about our subscription plans and become a paying subscriber, click here. This document was generated for Other research you may be interested in: Weekly US and UK Store Openings and Closures Tracker 2023, Week 11: UK Closures Up 44%April 2023 US Retail Sales: Growth Slows Further as Momentum Weakens Across the BoardMarch 2024 Leading Indicators of US Retail Sales: Growth To Remain in Mid-Single-Digit Range Amid Rising Consumer SentimentEarnings Insights 4Q22, Week 3: CVS and L’Oréal Report Strong Sales Momentum; Capri, Coty and VF Corp See Declines
