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The state of local retail 2020: Las Vegas, NV.


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

2020 has been a challenge for local businesses across the U.S., and there's no question that local retailers in Las Vegas 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 Las Vegas retail business saw total consumer spending from April through October, 2020 increase 27% compared to the same timeframe in 2019. Additionally, 23% of retailers in Las Vegas 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 Las Vegas make on an average day?

On a given day, retail shops in Las Vegas brought in $1,251 in revenue. On a typical day, the average retail business also processed about 13 transactions while seeing customers spend an average of $94.26 per ticket.

Sales Revenue Transactions Ticket Size
$1,251 13 $94.26
     

 

What days of the week are retail shops in Las Vegas busiest?

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

Fridays were particularly big, as 18% of all retail revenue in Las Vegas came in on that day alone. On the other hand, Sunday was the slowest day of the week for Las Vegas retail shops, with 9% of revenue coming in on that day.

 

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

 

 

Las Vegas locals spend more per transaction on weekdays, with Thursdays claiming the largest average ticket size of the week at $103.23 per ticket. Locals are the most frugal on Sundays, when they spent an average of $29.17 less than on Thursdays.

 

 

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

Las Vegas 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 Las Vegas? Let's take a look.

 

Top 5 days for Las Vegas retail businesses.

#1 #2 #3 #4 #5

11/29/19

Black Friday

3/1/19

5/10/19

Mother's Day Weekend

12/14/19

5/24/19

Memorial Day Weekend

Friday Friday Friday Saturday Friday

 

Las Vegas 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 353 -46.50% 37% $1,473 17.80% 15 14.40% $97.01 2.90%
Super Bowl Sunday 331 -32.90% 56% $1,212 -3.10% 20 50.90% $60.52 -35.80%
Valentine's Day 81 18.40% 82% $1,460 16.70% 15 9.30% $100.63 6.80%
St. Patrick's Day 320 -27.20% 57% $1,285 2.80% 18 37.20% $70.62 -25.10%
Easter Weekend 38 29.10% 93% $1,402 12.10% 15 13.70% $92.97 -1.40%
Easter Weekend 87 17.80% 76% $1,567 25.30% 18 36.80% $86.29 -8.40%
Easter Sunday 363 -54.10% 48% $971 -22.40% 14 2.50% $71.36 -24.30%
Cinco de Mayo 302 -20.70% 62% $1,286 2.80% 16 18.00% $82.10 -12.90%
Mother's Day Weekend 3 63.80% 98% $1,679 34.20% 15 12.20% $112.72 19.60%
Mother's Day Weekend 92 17.00% 82% $1,435 14.70% 17 26.50% $85.50 -9.30%
Mother's Day 342 -39.00% 59% $1,038 -17.00% 15 15.70% $67.60 -28.30%
Memorial Day Weekend 5 51.80% 100% $1,529 22.20% 14 6.60% $108.05 14.60%
Memorial Day Weekend 153 4.50% 77% $1,367 9.30% 17 30.80% $78.79 -16.40%
Memorial Day 326 -30.10% 61% $1,156 -7.50% 15 10.80% $78.68 -16.50%
Father's Day Weekend 25 33.30% 99% $1,360 8.70% 14 5.70% $96.97 2.90%
Father's Day Weekend 91 17.30% 83% $1,424 13.80% 18 33.00% $80.63 -14.50%
Father's Day 339 -36.70% 62% $1,033 -17.40% 15 13.80% $68.40 -27.40%
30th of July 340 -37.40% 55% $1,141 -8.80% 15 12.60% $76.31 -19.00%
Labor Day Weekend 127 9.10% 91% $1,201 -4.00% 13 -1.60% $91.97 -2.40%
Labor Day Weekend 256 -11.60% 74% $1,196 -4.40% 16 23.70% $72.86 -22.70%
Labor Day 323 -28.50% 60% $1,200 -4.00% 14 2.60% $88.14 -6.50%
Halloween 286 -17.80% 79% $1,046 -16.40% 10 -23.70% $103.34 9.60%
Thanksgiving Eve 204 -2.30% 76% $1,299 3.90% 13 -4.00% $102.01 8.20%
Thanksgiving 364 -68.80% 28% $1,121 -10.40% 13 -3.50% $87.52 -7.10%
Christmas Eve 39 28.50% 63% $2,056 64.30% 23 75.40% $88.31 -6.30%
Christmas Day 365 -74.40% 20% $1,288 3.00% 11 -18.10% $118.47 25.70%
New Year's Eve 288 -17.90% 64% $1,288 2.90% 14 2.30% $94.88 0.70%

Methodology

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