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The state of local retail 2020: Columbus, OH.


We analyzed transactions for every day of the 2019 calendar year at over 40,000 local retail businessses across the United States, including Columbus. The result is a comprehensive look at when local retail businesses make the most money, when they process the most transactions, and when customers tend to spend a little extra when they're out shopping.

The impact of COVID-19 on Columbus retail businesses.

2020 has been a challenge for local businesses across the U.S., and there's no question that local retailers in Columbus have faced unprecidented challenges all year.

So before we take a look back at 2019, it's important to keep in mind the impact that COVID-19 has had on local retailers. According to our data, the average Columbus retail business saw total consumer spending from April through October, 2020 increase 80% compared to the same timeframe in 2019. Additionally, 16% of retailers in Columbus that were transacting before the pandemic hit were closed as of the last week of October.

Our research has shown that some types of retail businesses have fared quite well during the pandemic (sporting goods stores, home improvement stores, etc.), while others (clothing stores, book stores, etc.) have struggled. Whether a local retail business has struggled or thrived through 2020, this report gives insight on which days and months will be extra important for retailers in this unpredictable year.

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How much do retail shops in Columbus make on an average day?

On a given day, retail shops in Columbus brought in $836 in revenue. On a typical day, the average retail business also processed about 12 transactions while seeing customers spend an average of $68.81 per ticket.

Sales Revenue Transactions Ticket Size
$836 12 $68.81
     

 

What days of the week are retail shops in Columbus busiest?

Fridays and Saturdays are busy at retail shops across the country, and things were no different for Columbus retail businesses.

Fridays were particularly big, as 19% of all retail revenue in Columbus came in on that day alone. On the other hand, Sunday was the slowest day of the week for Columbus retail shops, with 8% of revenue coming in on that day.

 

Saturday was the busiest day of the week in terms of foot traffic, with Columbus retail businesses processing an average of 17 transactions per day.

 

 

Columbus locals spend more per transaction on weekdays, with Mondays claiming the largest average ticket size of the week at $75.23 per ticket. Locals are the most frugal on Sundays, when they spent an average of $19.32 less than on Mondays.

 

 

What time of year do retail shops in Columbus make the most money?

Columbus locals clearly love to shop regardless of the season, but what does the average year look like from week to week at retail shops in Columbus? Let's take a look.

 

Top 5 days for Columbus retail businesses.

#1 #2 #3 #4 #5

12/23/19

12/21/19

Weekend before Christmas

12/20/19

Weekend before Christmas

11/29/19

Black Friday

12/14/19

Monday Saturday Friday Friday Saturday

 

Columbus retail shops on prominent days.

Retail shops look to events and holidays to generate big sales for their business. Here’s how prominent days rank compared to the average day.

  Day rank based on total sales How much did restaurants that were open make?
Day Day Rank Total rev vs avg % of restaurants open Avg rev Rev vs avg Avg txns Txns vs avg Avg ticket Ticket vs avg
New Year's Day 362 -83.00% 28% $406 -51.40% 9 -24.60% $44.36 -35.50%
Super Bowl Sunday 349 -55.50% 48% $609 -27.10% 13 6.60% $47.05 -31.60%
Valentine's Day 8 62.10% 90% $1,197 43.20% 18 44.90% $68.04 -1.10%
St. Patrick's Day 317 -36.90% 48% $863 3.20% 14 18.30% $60.04 -12.70%
Easter Weekend 32 38.50% 95% $961 15.00% 14 16.60% $67.84 -1.40%
Easter Weekend 72 22.00% 79% $1,026 22.80% 18 49.60% $56.47 -17.90%
Easter Sunday 363 -86.20% 19% $473 -43.40% 6 -50.10% $78.04 13.40%
Cinco de Mayo 326 -45.10% 50% $722 -13.60% 14 15.90% $51.29 -25.50%
Mother's Day Weekend 7 64.50% 96% $1,133 35.60% 16 33.50% $69.85 1.50%
Mother's Day Weekend 9 60.90% 78% $1,365 63.30% 21 76.40% $63.70 -7.40%
Mother's Day 347 -52.70% 52% $607 -27.40% 12 -4.00% $52.03 -24.40%
Memorial Day Weekend 18 49.30% 96% $1,028 23.00% 15 21.00% $69.96 1.70%
Memorial Day Weekend 108 13.40% 76% $986 18.00% 16 28.60% $63.15 -8.20%
Memorial Day 351 -56.40% 39% $746 -10.80% 11 -5.60% $65.03 -5.50%
Father's Day Weekend 22 46.70% 97% $997 19.30% 13 10.50% $74.28 7.90%
Father's Day Weekend 202 -1.70% 78% $834 -0.30% 15 24.10% $55.30 -19.60%
Father's Day 348 -53.50% 50% $620 -25.80% 13 3.20% $49.50 -28.10%
16th of July 360 -76.60% 30% $523 -37.40% 10 -19.10% $53.22 -22.70%
Labor Day Weekend 26 44.40% 95% $1,008 20.60% 14 17.80% $70.43 2.40%
Labor Day Weekend 142 9.20% 73% $991 18.60% 17 39.50% $58.51 -15.00%
Labor Day 359 -68.50% 35% $598 -28.40% 13 5.80% $46.56 -32.30%
Halloween 281 -17.80% 81% $670 -19.90% 9 -22.20% $70.87 3.00%
Thanksgiving Eve 62 24.50% 83% $991 18.60% 13 5.90% $77.05 12.00%
Thanksgiving 365 -87.30% 21% $406 -51.40% 7 -40.30% $55.98 -18.60%
Christmas Eve 55 27.50% 64% $1,322 58.10% 16 32.10% $82.34 19.70%
Christmas Day 364 -86.50% 6% $1,381 65.20% 8 -34.10% $172.63 150.90%
New Year's Eve 309 -31.90% 66% $685 -18.00% 13 6.00% $53.25 -22.60%

Methodology

Womply analyzed daily revenue for over 40,000 retail shops in all 50 states, including Columbus, as well as the District of Columbia for all 365 days of the 2019 calendar year. Retail businesses were only included in the analysis if they qualified as small businesses, Womply had a full year of transaction history, and the business recorded multiple transactions per day, on average.

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