Insight Report 4 minutes Premium

November 2019 US Same-Store Sales: Costco Comp Growth Slows

What's Inside

Costco, 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.