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 …

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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,” …

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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 …

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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 …

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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 …

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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 …

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Bloomberg: Warm Weather Hurting UK Fashion Retailers

October 10, 2023

Bloomberg reported (“Warm Weather Knocks Over £500 Million Off M&S and Next”) on the challenges clothing chains are facing due to milder conditions to start the fall selling season. “There’s fresh evidence from the FTSE 100 today of quite how vulnerable retailers are to unpredictable weather,” wrote Business of Fashion in their report on this …

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Targeting Digital Out of Home (DOOH) Marketing with Localized Predictive Demand Analytics

October 5, 2023

“It takes a lot to stand out in today’s retail environment. With new e-commerce brands constantly entering and leaving the marketplace and consumers distracted by concerns over inflation, retail brands need to dedicate serious effort to make an impression and drive sales,” according to a post by the Forbes Communication Council. Understanding that “as humans, …

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Big Consumer Demand Swings to Open October as Temperatures Fluctuate

October 4, 2023

Expect consumer demand volatility over the first half of October. Planalytics is projecting large swings in consumer purchasing activity over the first two weeks of October due to weather. Let’s look at the Philadelphia markets as an example. Weather-Driven Demand or WDD (a measure of how much changes in the weather either increase or decrease …

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Financial Times: Supermarkets Eye Opportunities with Retail Media

September 26, 2023

According to an article in the Financial Times, “supermarkets are generally looking for profitable ventures, like selling fuel, to stay competitive on food. The latest involves your eyeballs — and your data.” “There has long been talk about the opportunity presented by the growth in ecommerce, combined with supermarkets’ customer data particularly from loyalty programmes. …

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