Christian Retailing

NEWSLETTERS Current Issue CBA: Christian store sales up in 2013
CBA: Christian store sales up in 2013 PDF Print E-mail
Written by Christine D. Johnson   
Thursday, 08 May 2014 11:09 AM EDT

CBALogo-webChristian stores sales saw an increase of 2.9% in 2013 over 2012, according to the 2014 CBA State of the Industry Report released this week, but consumer buying patterns shifted dramatically in 2013, according to the Christian retail association.

Fourth-quarter 2013 sales were down 6.9% in 2013, but sales were up in the second and third quarters, 12.6% and 8.8%, respectively, according to data from CBA’s CROSS:SCAN sales reporting service. CBA noted several factors affecting sales: earlier shopping for Christmas, economic uncertainty and limited fourth-quarter product-release performance.

The number of Christian retail store closings also increased.

“Store closings increased to a 49 net loss in 2013 from 39 in 2012,” CBA reported. “The loss is less than 2011’s peak of 63 stores. The loss of mid-level chains drastically cut store counts, including the closure of 38 Cokesbury stores that consolidated into one Internet-only store (not counting 19 seminary stores). Eighteen new stores opened in 2013, up from 15 in 2012. About 63% of Christian stores have been in business more than 15 years.”

In terms of category sales, church supplies had the largest category increase, according to the report. Gift and specialty categories were up about 6% in unit share and about 3% in revenue share.

CBA added select data to the report this year from a CBA Christian-supplier CEO survey.

“About 32% of CEOs responding reported flat or no growth,” CBA said. “Most suppliers reported growth rates of less than 5%, while 28% of respondents reported 10% or more growth.”

 

In this current issue:

2015 Absolutely Gospel Music Award nominees announced

News image

The administrators and staff of absolutelygospel.com have announced the nominees...

READ MORE

Carpentree gets licensing for 'Old Fashioned'

News image

Carpentree, Inc. is releasing four new canvases that support the...

READ MORE

Carta Jerusalem to partner with Hendrickson Publishers

News image

Carta Jerusalem, the long-established cartographic firm that holds the world’s...

READ MORE

Tyndale House replies to Malarkey heaven story retraction

News image

Upon recently learning that the story of Alex Malarkey that...

READ MORE

Supreme Court ruling draws fire from NRF

News image

The National Retail Federation has expressed disappointment at the U.S....

READ MORE

Kregel Parable Christian Stores to close East Beltline location

News image

After 20 years in business, Kregel Parable Christian Stores has...

READ MORE

Barbour authors make Vyrso top 15 watch list

News image

Barbour Publishing has announced that Josh McDowell and David R....

READ MORE

Christian retailers indicate positive sales numbers for December

News image

Christian Retailers reported a lift in December sales and traffic,...

READ MORE

Faithlife to release rare Jonathan Edwards works

News image

Faithlife, makers of Logos Bible Software, has partnered with Yale...

READ MORE

Family Christian adds Graham Blanchard titles to sales lineup

News image

The largest national Christian bookstore chain, Family Christian, has picked...

READ MORE

Memorial services to honor legendary Crouch

News image

A celebration of Andraé Crouch’s life will take place on...

READ MORE

InterVarsity Press titles garner 2014 awards

News image

Leadership Journal and Hearts & Minds Books both honored a...

READ MORE
100%
-
+
0
Show options

a