Bright Spots And Challenges In Retail

Restoration Hardware

Rite Aid’s front-end comparable same-store sales have dropped, fueled by a precipitous decline in the cough, cold and flu categories. In earnings, Restoration Hardware parent RH reported record quarterly and full-year results, as it also detailed an international expansion plan that aims to boost future sales. And in dining, consumers are turning to remote direct-from-restaurant ordering channels more so than they did pre-pandemic. All this, Today in Data.

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    Data:

    $812M: Revenues that RH reported for the fourth quarter.

    68%: Share of baby boomers who have indicated a desire to dine out more often.

    40%: Portion of consumers who have used remote direct-from-restaurant ordering channels more so than before the pandemic.

    5.6%: Approximate decline in Rite Aid’s front-end comp same-store sales in Q4 2020.

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    2.4K: Minimum number of Rite Aid’s retail pharmacy locations in 17 states.