IDT's NRSInsights Reports Slowing Retail Sales Growth in March 2026
Event summary
- IDT Corporation's NRSInsights reported a 2.9% year-over-year increase in same-store sales for March 2026, down from 4.0% in February 2026.
- Units sold decreased 1.2% year-over-year, while baskets (transactions) per store decreased 0.4% year-over-year.
- Average prices for the top 500 items increased 1.4% year-over-year, the lowest rate of increase in nearly two years.
- Prepared cocktails and packaged espresso saw year-over-year gains of over 34%, indicating consumer trading down from restaurant services.
The big picture
IDT's NRSInsights data reflects broader macroeconomic uncertainty, with consumers trading down from restaurant services to convenience store items. The slowing same-store sales growth and decreasing transactions suggest discretionary spending may be under pressure. The NRS platform's extensive network of independent retailers provides a unique lens into urban consumer behavior, particularly in small-format stores.
What we're watching
- Consumer Trading Down
- How the continued growth in prepared cocktails and packaged espresso will affect traditional food and beverage services.
- Regional Performance
- Whether markets like Raleigh-Durham, Boston, and San Francisco can sustain their strong year-over-year dollar growth.
- Inflation Trends
- The pace at which average price increases moderate and their impact on consumer spending.
