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Now, more than ever, it’s vital to understand how the retail environment is changing and how to best adapt to succeed. We want to provide you with insightful data and resources that can help your business thrive!
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What we see

We are a software company that provides an integrated point-of-sale system for thousands of specialty retail shops throughout the United States. As such, we’re observing valuable trends and insights that we want to share with you.

Online Transactions Per Store
Updated May 29 at 09:51 AM (MDT), 2020
Data from Rain Retail Software

The Online Transactions Per Store chart (above) shows the change in average number of online transactions per store across Rain’s thousands of specialty retail clients.

  • April 15, 2020:
    Prior to the wide-spread social distancing measures, Rain’s brick and mortar stores had a strong majority of their sales occur in-store. From the middle of March to the middle of April, online transactions have grown significantly. On April 15th, average online transactions per store reached a level 3x larger than pre-pandemic levels.

    A substantial portion of the increased online transactions has been fueled by our curbside pickup feature. At this point, we strongly recommend all stores enable curbside pickup (if your state allows for it).
  • April 21, 2020:
    One clear opportunity we are seeing for brick-and-mortar retail stores is the chance to help local consumers develop habits of engaging both online as well as in-store. These habits will pay dividends even after the COVID-19 crisis subsides.

    Additionally, large online retailers such as Amazon as well as big box retailers are running short on some inventory. Opportunities currently exist for smaller retailers to get the word out to their local audiences about having various products and supplies in stock.
  • May 15, 2020:
    After a dramatic increase in online sales over the past couple of months, online sales have recently plateaued. Since the average total store transaction levels (pre COVID-19) have not fully recovered, it’s vital to continue to optimize the online experience of your business to maximize revenue.
Transaction Volume Per Store:
YoY Change
Data Updated Through May 29 at 09:51 AM (MDT), 2020
Data from Rain Retail Software

The Transaction Volume per Store: YoY Change chart (above) shows the average change in transaction volume per store across Rain’s thousands of specialty retail clients when compared to the same day of the prior year. Year-over-year comparisons are lined up by the day of the week. So, for example, the third Saturday in March of 2020 is compared to the third Saturday of March in 2019.

  • April 15, 2020:
    Year-over-year transactions per store began to slip on March 6th with single digit percentage drops from the prior year. A week later, wide-spread cancellations of events were announced along with other social-distancing measures. Transaction volume dropped by 10% - 20% for most of the next week. The downward trend continued into the 40% range, reaching a low point on Saturday, March 28th with 64% fewer transactions per store than the same day of the prior year.

    The last 10 days (aside from Easter Weekend) have seen noticeable improvement compared to the prior couple of weeks with year-over-year drops ranging from 20% - 30%. On Wednesday, April 15th, perhaps spurred by stimulus money, transactions per store were nearly identical to the prior year – just 1% below 2019 levels.

    From what we've seen thus far, the end of March may very well have been the low point for reduced consumer spending in specialty retail stores. Hopefully, restrictions and guidance will begin to be appropriately eased, and consumers will return to more normal spending levels.
  • April 19, 2020:
    Sunday, April 19th actually saw an increase in transactions per store compared to 2019. However, the third Sunday of 2019 was Easter Sunday, so this result is due to unique circumstances with how the year-over-year calendars line up.

    With that said, the 9% year-over-year drop for Monday, April 20th is a very positive result. The last 4 weekdays all have a drop of less than 20% compared to last year. While the federal stimulus checks are likely to have played a role in this result, the consumer spending behaviors are nonetheless encouraging.
  • May 15, 2020:
    For the first time, since COVID-19 hit, we saw a positive year-over-year change in transaction volume per store on May 6th— without the support of a financial stimulus. Even though negative volatility persists, we continue to see a steady upward trend in overall transaction volume year-over-year.
  • May 20, 2020:
    On May 19th and 20th, we saw for the first time two back-to-back days of positive growth. We attribute this growth to reopenings occurring across the US, creating consumer confidence, and retailers adjusting and enhancing their business practices by doing things like improving their website and enabling curbside pickup and local delivery.
Brick-and-Mortar Store Transactions
Updated May 29 at 09:51 AM (MDT), 2020
Data from Rain Retail Software

The Brick-and-Mortar Store Transactions chart (above) shows the average number of transactions per store across Rain’s thousands of specialty retail clients broken down by in-store transactions, web transactions, and curbside pickup transactions (originating on the web).

  • April 22, 2020:
    We can see from this chart that brick-and-mortar store transactions dropped in half from the middle of March to the end of March. April has seen steady improvements, and half of the transaction volume losses have been regained.
  • May 15, 2020:
    We see a recovery of nearly two-thirds of total store transactions, 20% of which are attributed to web and curbside pickup. We highly encourage stores to continue to optimize their websites and enable curbside pickup if they haven’t already done so.
Makeup of Brick-and-Mortar Store Transactions
Updated May 29 at 09:51 AM (MDT), 2020
Data from Rain Retail Software

The Makeup of Brick-and-Mortar Store Transactions chart (above) shows the average makeup of transactions per store across Rain’s thousands of specialty retail clients.

  • April 22, 2020:
    For Rain’s brick-and-mortar stores, orders placed on the web have seen a 5x increase since the beginning of march. Of note, curbside pickup has played a significant role in increased purchases on the web. Web purchases are now approaching 30% of total transaction volume for brick-and-mortar stores utilizing Rain’s omnichannel platform.
  • May 15, 2020:
    As store transactions continue to increase, we’ve recently seen an expected decrease in web and curbside pickup transactions as a percentage of total transactions.
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