Attrition -- the loss of employees to turnover, retirement, or layoffs -- is one of the most important challenges employers face in managing a workforce. Excessive attrition can hurt business performance by impinging on productivity, morale and institutional knowledge. Understanding employment dynamics is especially timely given the increasing rate of workers leaving their job since the end of the Great Recession and the disruption caused by the Covid-19 pandemic.
Brazil has become increasingly reliant on the internet for banking, business, telecommunication and leisure during the COVID-19 pandemic. However, the country ranked 49th in the world for fixed broadband speed and 74th for mobile speed according to April 2021 data from the Speedtest Global Index™. In fact, Brazil's fixed broadband speed has improved 69.2% year-over-year thanks to FTTH investments, moving the country up seven places from 56th in April 2020 to 49th in the Speedtest Global Index in April 2021.
They say breakfast is the most important meal of the day, and nowhere is that truer than at quick service restaurants. Just recently, Burger King and Tim Hortons both added new breakfast sandwich options to their menus, and Wendy’s reported better-than-expected earnings due in large part to their new breakfast offerings. While Quick Service Restaurant (QSR) breakfast seems to be booming now, there were concerns in 2020 that the breakfast wars were a bust.
Two weeks ago, McDonald’s rolled out its latest celebrity meal in collaboration with K-pop sensation BTS. In addition to a BTS-branded 10-pc Chicken McNugget meal, the partnership promises to provide exclusive content throughout the month, which can be accessed through its mobile app. The campaign will run through June 20th and will be available in nearly 50 countries. This partnership comes after two previous celebrity meals with Travis Scott and J Balvin.
Apple is making massive changes to the settings on iPhones, all in the name of privacy. This move will fundamentally change mobile advertising on those devices by taking a privacy option, which up until now was hidden deep in users’ phones, and displaying it prominently when they open an app. This is expected to dramatically impact the way advertisers target ads and a lot of companies are scrambling to figure out how best to move forward without breaking the new rules and getting kicked out of the Apple App Store.
Visits to restaurants across the UK have climbed to 60% of pre-pandemic levels, the highest they have been since September last year. Huq’s Foodservice Index measures the number of people attending some 28,286 hospitality businesses in the UK (2,990 pubs, 19,799 quick-service (QSR) and 5,497 restaurants) and after a phased reopening, the restaurant sector has been bouncing back fastest.
As more and more of the healthcare industry shifts to e-commerce solutions, Smile Direct Club and Byte have chomped away at the dental market with their online offerings. In today’s Insight Flash, find out where these companies are making the strongest inroads and what cross-shop behavior says about the overall customer appetite for online healthcare.
As the COVID recovery progresses, our customers are eager to track changes in return to work across the country. This example shows how SafeGraph Patterns data was used to analyze how suburban, city, and downtown regions of Chicago have recovered since the pandemic commenced. Four major brands, Starbucks, Dunkin’, McDonald’s, and Subway, were selected as proxies for POI that workers would visit as they return to the office.
In this Placer Bytes, we dive into the recovery of Disney World and convenience stores to see if dropping COVID rates and returning routines drove a needed boost. When we last looked at Disney World, a compelling recovery story was beginning to unfold. While the recovery had been happening, albeit slowly, since the reopening of the park last summer, the spring gave visits a needed boost. Visits were down just 48.6% in March when compared to the equivalent month in 2019, but in April that gap had dropped significantly to just 32.4%.
Ad-supported streaming (AVOD) is a $11 billion business that doesn’t have a standard approach for ad purchasing. Confusing processes lead to slow revenue growth. Meanwhile, Hulu’s gross revenue continues climbing. Hulu is succeeding in the messy, crowded AVOD world and has much to teach. Which advertisers are buying from Hulu that could mean opportunity for you? Hulu has been the leader of the pack in ad-supported TV-streaming for years. And even though their market has become increasingly crowded
The Dodge Momentum Index moved 9.1% higher in May to 178.0 (2000=100), up from the revised April reading of 163.2. The Momentum Index, issued by Dodge Data & Analytics, is a monthly measure of the first (or initial) report for nonresidential building projects in planning, which have been shown to lead construction spending for nonresidential buildings by a full year.
Amazon Prime Day has officially announced Prime Day for June 21 and 22, 2021, and consumers are already gearing up for _Amazon’s_ biggest shopping day of the year. Digital commerce has increased immensely over the past year and is on track to surpass $11 trillion in sales in 2021 — _Amazon_ alone added 50 million Prime subscribers during the pandemic due to the closure of brick and mortar stores.
Below, ETR recaps the datasets on leading vendors in the Enterprise Apps, Data Warehousing, Productivity Apps, Marketing, and IT Services sectors. This article is based on ETR's Spring Technology Spending Intentions Survey (TSIS), which captures where IT budgets are being invested, citing participation from 1,500 IT decision-makers. Below are specific excerpts from each vendor's TSIS report, originally published on April 16th, 2021.
Transaction data reveals that travel-related sectors are recovering. As such, hotel sales spiked in April 2021 as increasing vaccination rates and warmer weather have more U.S. consumers planning vacations. The travel accommodations industry is reaping the benefits of the growing demand for travel, with Airbnb leading the pack. The hotel industry saw sales fall 77 percent year-over-year in April 2020, while Airbnb saw year-over-year sales decline 61 percent that same month.
Increasing vaccination rates and loosening policies in regards to large gatherings and mask-wearing have re-ignited consumers’ interest in beauty products. One of the main beneficiaries of this phenomenon is Ulta Beauty, whose Q1 2021 earnings outperformed investors’ expectations. Consumer transaction data reveals that Ulta’s 2021 sales are surpassing historical performance, with sales in March and April 2021 exceeding same-month sales from the previous three years.
While we knew the wider coffee sector was trending in the right direction, the latest numbers from top brands in the space only deepen the optimism. Additionally, the results also strengthen key findings from migration analysis data speaking to unique retail and hospitality opportunities in rising regions. Visits to top coffee and breakfast oriented chains have continued to improve in recent months when comparing visits to a ‘normal’ 2019.
As we start what we hope will be a return to normality, Fable Data asks: how permanent are these new patterns of consumer behaviour? How predictive is the data from the last year? Where do we see industry players holding onto their gains, and where do we anticipate a reversal to pre-pandemic positions? Food Delivery spend was already growing between 20%-30% YoY in the quarters prior to March 2020, when the first lockdown occurred.
Admittedly, the athleisure and athletic wear space was one where we expected to see a rapid and significant recovery. Yet, the magnitude and speed of the recovery deserve extra note because many of the brands that headline the sector are facing significant challenges that make the success all the more impressive. While sweatpants as work clothes may have picked up pace, the locations of many of these brands are mall or city based, making the wider recovery context more challenging. Yet, they recovered.
When the UK’s restrictions are lifted on June 21, 2021, and a return to the office becomes a reality, as an agency or advertiser it could be very important to know how many people you are likely to reach on their commute with an online ad campaign. If I look only at a recent month of data, I would assume that circa 2m users visit the National Rail website or app in a month.
The pandemic has completely changed the trajectory of stocks and sectors. Whether we like it or not, coronavirus has sped up the world’s digital transformation by months or even years. “The move to digitization has accelerated, and the benefits will be permanent,” says KPMG’s global advisory head Carl Carande. “There is no going back.” With this in mind, we decided to zero in on the top 10 investing trends for 2021, covering everything from bitcoin and cryptocurrency to IPOs and SPACs.
