Holiday Homestretch: The Weather Gives Store Traffic a Boost

December 19, 2023

Retailers are in the final stretch of the 2023 holiday shopping season with the week closing on December 23rd – Super Saturday – when an estimated 142 million shoppers are expected to hit the stores according to the National Retail Federation. Super Saturday is typically one of the largest volume shopping days of the year, …

Read More »

Record-Breaking Black Friday Weekend Shopping

November 30, 2023

CNBC reports that a survey conducted by the National Retail Federation states that a record number of shoppers, both in-store and online, kicked off the holiday season. Total spending on holiday-related purchases was not estimated; however, the $321.41 average was roughly in-line with the $325.44 average last year. NRF CEO Matt Shay explained that in addition …

Read More »

The Coldest Black Friday Weekend in 10 Years Had Consumers Gobbling Up Seasonal Categories

November 27, 2023

Driest Holiday Weekend Since 2017 Supported Foot Traffic into Shopping Destinations The Thanksgiving and Black Friday weekend (November 23 – November 26) was the coldest since 2013 and driest since 2017, helping to kickstart the holiday shopping season with strong seasonal demand. On the heels of a mild week across the U.S., and a very …

Read More »

Get ready to turn up the excitement dial this Black Friday Weekend!

November 17, 2023

It’s not just a chill in the air; it’s the perfect storm for demand spikes for seasonal categories from winter apparel & accessories to warming foods and beverages.   The holiday week will feature a wave of cold temperatures sweeping eastward, pushing markets from the Plains to the East Coast with a trend below normal …

Read More »

NRF Discusses Holiday Retail Sales Outlook

November 10, 2023

On November 6th, the National Retail Federation (NRF) held a webinar focused on retail sales expectations during the 2023 holiday shopping season. NRF Chief Economist Jack Kleinhenz and Vice President, Industry and Consumer Insights Katherine Cullen hosted the presentation (view the webinar recording) which discusses the NRF’s 2023 holiday sales forecast, economic considerations, and consumer …

Read More »

Sustainability can benefit the bottom line.

November 9, 2023

An article on Supermarket Perimeter summarized a report on sustainability from the consultancy group Alvarez and Marsal. Their report – “The Grocer’s Sustainability Playbook: How sustainability can boost your bottom line” – looks into the role AI and supply chain solutions can help businesses achieve sustainability goals. “Does sustainability need to come at the expense of profits,” …

Read More »

Restaurant Sales Volatility Increases in Winter Months

October 31, 2023

As we flip our calendars to November and Mother Nature begins to flip the weather script, it is a good reminder for quick service, fast casual, and other restaurant chains that the conditions outside will begin to have a greater effect on consumers and therefore, traffic trends and sales.  Weather Sensitivity, a metric Planalytics calculates …

Read More »

NRF CEO says retail inventories are in good shape ahead of holidays.

October 27, 2023

Predictive demand analytics can help retailers sustain healthy stock levels and minimize markdowns. Retail Dive reports that retailers “have largely gotten their inventory under control ahead of the holiday shopping season, National Retail Federation CEO Matthew Shay told the press on Monday.” “The industry is in a better place and will be well positioned for …

Read More »

Trick or Treat? November arrives with an abrupt weather change and opportunities for seasonal categories

October 26, 2023

As Halloween arrives, Weather-Driven Demand (WDD) is expected to surge for cold-weather categories across much of the country.  To many, the plunging temperatures may seem like a cruel trick, but for retailers, the change may be a welcomed treat.  Below are some examples of the weather-based demand swing as the abnormally warm temperatures of this …

Read More »

Weather-Based Sales Sensitivity During the Holiday Shopping Season

October 19, 2023

Retail’s Q4 (for most, November through January) and the critically important Christmas and holiday shopping season is nearly here.  The question on everyone’s mind…: how strong will retail sales be? RIS summarized some of the outlooks in their fourth annual guide to peak selling season: Holiday retail sales are likely to increase between 3.5% and …

Read More »

Want More Content? Subscribe Now