Retail
Stay on top of the latest foot traffic trends and data-driven retail insights for everything from grocery stores to shopping centers to specialty brands. Follow industry news and success stories in the world of retail.
Placer.ai Mall Index March 2023
Malls have had a rocky few months, with a brief respite in January 2023 giving way to visit gaps in February as ongoing economic headwinds impacted the shopping center space. Still, there are reasons for optimism - but will mall visits return to 2022 levels? We dive into the data to find out.
Tuning Into Record Stores
Record sales are on the rise. In 2022, the sale of vinyl records in the United States grew for the seventeenth consecutive year and their sales outpaced CDs for the second year in a row. We dive into the foot traffic data to see what’s driving the current vinyl music trend.
Department Store Deep-Dive: Belk
Drawing on the latest location intelligence data, we dove into the foot traffic to the first of the new Belk Outlet locations and the Belk chain as a whole to take a closer look at what lies ahead for this increasingly popular department store format.
Regional Grocery Chains Staying Ahead of the Competition
Our latest white paper – 10 Regional Powerhouses to Watch: Top Brands Dominating Local Markets – examines companies across five different retail and retail service categories that are highly successful in their region. Read on for a taste of our findings.
Nike & lululemon Update: Strong Performance Amid Expansion Plans
With interest in fitness and sporting goods still strong, Nike and lululemon are focusing on new growth opportunities and continuing to expand their brick-and-mortar presence despite the ongoing headwinds. We take a closer look at their recent performance amidst a changing retail landscape.
Many Ways to Win: Midwest Grocery Deep Dive
Grocery is a regionally-focused retail category, meaning that leading brands tend to dominate specific geographic areas of the country. In this blog, we dive into the leading grocery chains in the Midwest to take a closer look at the ways brands are driving foot traffic to their stores.
Retail, Reinvented: The Rise of the Pop-Up Shop
Pop-up shops have long been a popular option for retailers looking for a fast, affordable, and engaging way to promote their products. We take a closer look at a few different pop-up retail experiences to understand how brands can leverage this format to expand their reach and tap into new markets.
Retail Categories Staying Strong in Volatile Environment
February 2022 was one of the last “typical” retail months, sandwiched between an Omicron surge and inflation. A year later, we dove into February 2023 foot traffic data to see how the major retail categories performed relative to this recent benchmark of normalcy.
Grow Your Business With Placer.ai
