Yesterday, Revelio Labs analyses were featured in Bloomberg’s article on crypto talent trends within Wall Street. Headcounts of cryptocurrency experts at large banks and financial firms tripled between 2016 and 2018. Wanting to know who these new crypto experts are and where they come from, we look at the industries of their previous roles. Surprisingly, these experts have overwhelmingly been forged on Wall Street itself, instead of Silicon Valley or research labs.
When it comes to how people consume fast food, the landscape has transformed dramatically since early 2020. While partnerships between fast food chains and food delivery companies have existed for years now, the use of online platforms — both third party and direct — for fast food purchases has skyrocketed in usage. As a recent McKinsey report noted, “Lockdowns and physical-distancing requirements early on in the pandemic gave the category an enormous boost, with delivery becoming a lifeline for the hurting restaurant industry.”
As cryptocurrency has continued to rise in popularity, there’s been an acceleration of new and growing apps with capabilities to buy, store and sell crypto. This has also led to larger fintech providers adding crypto capabilities. For example, _PayPal_ launched its super app last month with new features to buy and sell crypto. Additionally, _Robinhood_ recently piloted a crypto wallet this month - which already has a waitlist of one million customers - as bitcoin becomes a larger part of its core business.
In this Placer Bytes, we dive into Destination XL and The Paper Store – two brands who have made impressive comebacks in 2021 – and take the opportunity to check in with the plus size apparel sector. At the height of the pandemic retail crisis, Destination XL looked particularly vulnerable. But as the country opened back up and consumers headed back to stores, the big and tall leader has made an impressive recovery.
In 2020, millennials bought more cars than any other age group—and they were nearly twice as likely as boomers to complete the process entirely online. That’s largely thanks to the rising popularity—and expanding features—of car-buying apps. “Car sales are steeped in decades of traditions, regulations, and hard-sell tactics,” writes Sharon Carty at Car and Driver. “Although buying a car and making a large investment will always carry some level of stress, the changing way of doing business promises to make car sales lower-pressure events compared with the past
The Great Resignation, as it’s been termed, has led to a record percentage of workers leaving their jobs and hiring troubles across most sectors. However, many of these individuals will need some source of income later on. Several reports indicate that a large percentage of those leaving their jobs may have done so to start their own businesses. In today’s Insight Flash, we examine where Business Owners are most likely to spend in order to identify which companies may see a benefit from this trend.
The COVID-19 pandemic has led to a shift in beauty and grooming habits, as exemplified by the rise of the quarantine beard and DIY haircuts. Men’s grooming subscription companies—both those that cater to clean-shaven customers and those that offer products for bearded customers—saw a higher percentage of new customers early in the pandemic compared to the same period a year before. In addition, Dollar Shave Club retains the crown for highest customer retention among a selection of DTC companies in the men’s grooming industry, while Bevel has the highest quarterly sales per customer.
The number of carloads moved on short line and regional railroad in September 2021 was up compared to September 2020. Carloads originated increased 10.0 percent, from 318,931 in September 2020 to 350,770 in September 2021. Nonmetallic Minerals led gains again with a 82.3 percent increase. Crushed Stone, Sand and Gravel was up 36.2 percent, and Waste and Scrap Materials and Metals and Products increased 28.3 and 27.2 percent, respectively. Motor Vehicles and Equipment led declines, down 26.5 percent. Grain was also down in September.
A year and a half after the initial lockdowns, we dove into the foot traffic of the fitness sector to see how visits to this hard-hit sector are recovering. Many gym rats discovered the convenience and cost-effectiveness of home workouts over the pandemic, leading some experts to predict that the COVID closures would mark the beginning of the end of gyms. But by summer, monthly visits were already inching closer to pre-pandemic levels, with year-over-two-year visit declines of just 3.2%, 3.3%, and 4.8% in June, July, and August, respectively.
A Multiplayer Online Battle Arena (MOBA) game, according to App Annie’s Game IQ, originally published by Riot Games (Tencent), League of Legends: Wild Rift has surpassed the major milestone of seeing over $150 million in consumer spend across the world as it marks one year of its global rollout. The game first launched in October 2020 as a regional open beta in key markets across Asia Pacific such as Japan, South Korea and Southeast Asia. The rollout further expanded to the Americas, Europe, Middle East and Russia in March 2021 before finally being released in China in early October 2021.
Notable Hit 1: (ECL:NYSE) On Tuesday October 26 , 2021 Ecolab Inc. (ECL) posted better-than-expected revenues of $3.32bn beating the consensus estimate of $3.28bn (-1.27%) and in the same direction as Advan's forecasted sales. The revenue was +10% YoY - Advan's foot traffic data captured an increase in employee foot traffic of +3.3% YoY at its factories for Q3 2021. As a result of beating the sales and EPS, the stock closed at $230.28, up +3.9% from its previous day's closing price.
The internet accounts for 2% of the world’s greenhouse gas emissions, the same as the global airline industry. Every time you Google a half-thought, play a silly cat video, or read a helpful blog (hi there), energy is used. But before you burn your router and boycott the internet, I’d ask you to finish this article first. With COP26 approaching and climate change growing as a hot topic, people are hunting for ways to educate their mind, eliminate their waste, and engage in the conversation on the quest to go green – all on the internet! Maybe the world wide web isn’t so bad after all.
One area where our CE Receipt data has been especially value added is in tracking mattress company direct-to-consumer online sales. With new entrants like Purple Innovation and Casper getting a majority of their revenue from direct sales, email receipt data can provide a powerful tool for analyzing these companies’ success, including financed sales that may not be picked up in other data sources.
In our Q3 Quarterly Index, we analyzed a wide array of brands in several major retail categories including apparel, grocery, fitness, home improvement, and superstores to bring you the latest insights and identify trends shaping retail right now. The apparel sector was hit hard by the pandemic, but foot traffic data shows that the category is bouncing back. Despite renewed COVID concerns, apparel visits grew this quarter, with foot traffic to apparel brands 3.0% higher, on average, than in Q2 2021.
Roughly 13% of the world’s shipping cargo is held up in traffic, according to Sea-Intelligence, an industry research firm in Denmark. Disruptions along the supply chain and an acute labor shortage are causing the nation’s ports to become severely clogged. With public fear of inflation, product shortages and the holiday season just around the corner, private companies are pressured to work 24/7. Shipping and logistics companies are in a stressful situation—is that impacting their advertising investment and creative?
Taiwan, the birthplace of bubble milk tea, is one of the fastest growing food delivery markets in Asia. In Taiwan, people created cute nicknames for UberEats and Foodpanda (吳伯毅 and 傅胖達), which sounds just like two guys’ names in Chinese. After Deliveroo quit the market in 2020, the “two guys” remain the biggest players in Taiwan and continue to own almost half of the market share respectively. Recognizing the huge potential in the Taiwan food delivery market, recently though E-commerce giants Shopee from Singapore and Coupang from Korea have decided to enter the game too.
Today’s article on Bloomberg News features analyses on competition for talent in the autonomous vehicle industry by Revelio Labs. The market for autonomous vehicles is growing fast, as headcounts are rising throughout all notable companies in the industry. The plot below tracks the growth of the companies that have experienced the biggest growth since 2018. Although employment growth is considerably large for all roles, Engineering roles have seen the largest growth, with an 80% increase since 2018.
The North American rail equipment fleet decreased in total size during the third quarter of 2021. The total equipment count was 2,076,876 for a change of 0.2 percent. The four largest segments during the quarter were Covered Hoppers (29 percent), Tank Cars (22 percent) and Gondolas and Intermodal (10 percent). Five equipment groups increased from the last quarter, led by EOTs, up 3.8 percent, and IM Flats and Intermodal, up 2.7 and 0.4 percent, respectively. Hoppers and Flats led declines, down 2.1 percent and 0.5 percent, respectively.
In this Placer Bytes, we dove into the surge in visits to auto parts chains and looked into the latest data from Amazon Fresh to learn about the future of Amazon’s grocery push. Visits to auto parts chains have been skyrocketing since March, with year-over-two-year visits to every brand analyzed up by double digits for the past seven months. September visits were up by 26.2%, 22.8%, 17.5%, and 12.4% to O’Reilly Auto Parts, Autozone, Napa Auto Parts, and Advance Auto Parts, respectively, when compared to September 2019, to cap off two straight quarters of significant year-over-two-year growth in foot traffic.
Dating app industry growth has been a hot topic throughout the COVID-19 pandemic, as social distancing drove many U.S. consumers to virtual platforms to find love and make new friends. As in-person meetups are resuming, a number of dating apps have also rolled out features to help users filter potential matches by vaccination status. An analysis of a select group of companies in the online dating industry reveals that Bumble experienced the strongest increases in paid subscribers early on in the pandemic, as well as a second boost during the summer of 2021.
