July 20, 2018

Iowa ranks 37th in one retail category (Business Record) »

Iowa ranks No. 37 nationally for consumer spending at small, independent retailers, reports technology company Womply. The Iowa retailers brought in an average of $1,153 a day. In its first study of this kind, Womply analyzed transactions at 54,000 small, independent retail shops across the country for each day in 2017. Other Iowa findings included:

  • The average retailer has 10 transactions per day, ranking No. 38 nationally.
  • The average order size is $112, No. 28 nationally.
  • August is the No. 1 sales month;¬†Black Friday is the top sales day of the year.

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