March 2023 Floral Sales Reflect Tough Marketplace
“After a strong Valentine’s Day performance, March sales reflect the very tough marketplace. Categories around the store are experiencing unit and volume pressure as inflation is taking a bite out of everyone’s spending abilities.”
Sales during the 52 weeks ending 3/26/2023 were up 2.6% in dollars, but were down 6.5% in units. The very different unit and dollar growth performance shows the impact inflation has had on floral department sales.