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The state of local retail 2020: Durham, NC.


We analyzed transactions for every day of the 2019 calendar year at over 40,000 local retail businessses across the United States, including Durham. 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 Durham retail businesses.

2020 has been a challenge for local businesses across the U.S., and there's no question that local retailers in Durham 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 Durham retail business saw total consumer spending from April through October, 2020 increase 3% compared to the same timeframe in 2019. Additionally, 22% of retailers in Durham 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 Durham make on an average day?

On a given day, retail shops in Durham brought in $1,391 in revenue. On a typical day, the average retail business also processed about 19 transactions while seeing customers spend an average of $74.20 per ticket.

Sales Revenue Transactions Ticket Size
$1,391 19 $74.20
     

 

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

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

Saturdays were particularly big, as 21% of all retail revenue in Durham came in on that day alone. On average, only 43% of retailers keep their doors open on Sundays in Durham, making it easily the slowest day of the week overall.

 

Among the businesses who did keep their doors open, Saturday was the busiest day of the week in terms of foot traffic, with Durham retail businesses processing an average of 27 transactions per day.

 

 

Durham locals spend more per transaction on weekdays, with Tuesdays claiming the largest average ticket size of the week at $79.78 per ticket. Locals are the most frugal on Sundays, when they spent an average of $28.38 less than on Tuesdays.

 

 

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

Durham 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 Durham? Let's take a look.

 

Top 5 days for Durham retail businesses.

#1 #2 #3 #4 #5

12/21/19

Weekend before Christmas

3/9/19

5/11/19

Mother's Day Weekend

9/7/19

4/27/19

Saturday Saturday Saturday Saturday Saturday

 

Durham 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 -80.60% 27% $797 -42.70% 19 3.00% $41.32 -44.30%
Super Bowl Sunday 331 -52.30% 49% $1,093 -21.40% 20 8.90% $53.52 -27.90%
Valentine's Day 21 70.10% 91% $2,092 50.50% 27 44.80% $77.12 3.90%
St. Patrick's Day 323 -45.70% 47% $1,279 -8.00% 23 24.70% $54.74 -26.20%
Easter Weekend 137 7.00% 92% $1,297 -6.70% 20 6.30% $65.08 -12.30%
Easter Weekend 11 88.80% 89% $2,357 69.50% 31 65.90% $75.81 2.20%
Easter Sunday 363 -87.60% 24% $568 -59.10% 22 17.10% $25.90 -65.10%
Cinco de Mayo 335 -54.10% 47% $1,082 -22.20% 23 22.10% $47.26 -36.30%
Mother's Day Weekend 13 84.90% 93% $2,208 58.80% 29 52.50% $77.25 4.10%
Mother's Day Weekend 3 121.80% 89% $2,769 99.20% 35 85.90% $79.47 7.10%
Mother's Day 333 -53.00% 45% $1,173 -15.60% 23 25.10% $50.03 -32.60%
Memorial Day Weekend 59 34.60% 97% $1,540 10.70% 21 13.80% $72.18 -2.70%
Memorial Day Weekend 73 30.50% 82% $1,763 26.80% 25 32.90% $70.79 -4.60%
Memorial Day 294 -31.40% 46% $1,662 19.50% 25 34.20% $66.08 -10.90%
Father's Day Weekend 56 35.60% 96% $1,573 13.10% 22 17.50% $71.42 -3.70%
Father's Day Weekend 34 50.10% 91% $1,846 32.80% 26 37.20% $71.79 -3.20%
Father's Day 342 -58.50% 39% $1,179 -15.20% 25 35.40% $46.45 -37.40%
20th of July 345 -59.60% 36% $1,234 -11.30% 23 25.30% $52.55 -29.20%
Labor Day Weekend 72 30.60% 93% $1,559 12.10% 21 12.00% $74.29 0.10%
Labor Day Weekend 48 41.10% 76% $2,076 49.30% 29 56.20% $70.94 -4.40%
Labor Day 306 -36.00% 42% $1,702 22.40% 26 39.80% $64.99 -12.40%
Halloween 316 -42.40% 73% $879 -36.80% 11 -41.60% $80.31 8.20%
Thanksgiving Eve 280 -26.80% 76% $1,077 -22.50% 18 -4.30% $60.10 -19.00%
Thanksgiving 364 -93.70% 15% $474 -65.90% 25 33.90% $18.87 -74.60%
Christmas Eve 78 27.20% 55% $2,556 83.80% 33 78.40% $76.44 3.00%
Christmas Day 365 -97.80% 9% $264 -81.00% 23 20.40% $11.68 -84.30%
New Year's Eve 149 4.60% 62% $1,874 34.80% 19 0.90% $99.08 33.50%

Methodology

Womply analyzed daily revenue for over 40,000 retail shops in all 50 states, including Durham, 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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