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Peloton is trying to eat Lululemon’s lunch, or protein-enhanced kale meal replacement smoothie, as the case may be. The high-end athletic apparel retailer filed suit against Peloton in late November, stating the fitness company’s designs for their new line of leggings and sports bras constitute patent infringement. Filed in the U.S. District Court for the Central District of California, the lawsuit finds Lululemon seeking an injunction against Peloton, in addition to a jury trial, damages and other monetary relief.

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October 30, 2020 / Business

Q4 2020 Food Delivery & Rideshare Sales Report

From Edison Trends
With the US Presidential election just two weeks away on November 3rd, Proposition 22 will be on the ballot in California, which will impact labor policies for food delivery and rideshare services alike. Following our last on-demand food delivery report in May, Edison Trends analyzed one million US transactions in report the latest to give a snapshot of both industries ahead of the election.
October 30, 2020 / Business

Upgrades in Mobile Speeds in India Come with Expanded 4G Availability

From Ookla
India’s mobile network market has seen astounding growth and evolution since the country’s first mobile call in 1995. Local operators’ efforts to improve and expand 4G coverage across the country have provided customers in India with an increasingly fast and modern mobile internet experience. Data from Speedtest IntelligenceTM reveals details on performance across India’s mobile network landscape.
October 30, 2020 / Business

Holiday Sectors to Watch

From Placer
The holiday season is upon us, and it may be among the strangest and most different in a long time. So, we tried to make sense of it, by highlighting a few sectors and brands that we believe will stand out in this unique period. Two key trends are lining up to give wholesale clubs a boost this holiday season.
October 30, 2020 / Business

Top 100: The Most Visited Websites in the US [2020 Top Websites Edition]

From SEMrush
What could be more exciting than discovering the most visited websites in the world’s top economy? Well, nothing, as the US often sets the global trend when it comes to the top sites by traffic received. Based on data from the SEMrush Traffic Analytics tool, this post reveals the top 100 most visited websites in the US, as well as uncovering the top players across various industries.
October 29, 2020 / Business

SuperData XR Q3 2020 Update

From SuperData
The original Oculus Quest was the top-selling VR headset of Q3 2020, and sales are set to jump with the launch of the Quest 2. The device sold 161K units in Q3, though that number would have been higher if retailers had not run out of stock partway through the quarter as Facebook prepared to launch the Quest 2.
October 28, 2020 / Business

Ad Spend Stabilizes in 4th Quarter of Broadcast Year 2019-2020

From SMI
Performance during the July to September quarter is key for the media industry, with the transition from Summer into Fall; and in some markets, it represents the conclusion of a broadcast season and the start of a new one. This year’s third quarter was even more interesting, as the media industry across all Anglo markets attempted to recover from a disastrous second quarter as a result of the Covid-19 lockdown.
October 28, 2020 / Business

Casinos Make a Comeback, Though Location Matters

From Advan
After a dismal April and May, when casinos across the country were closed to visitors, Nevada’s casinos have been slowly recovering. But although many casinos on the strip are now open, foot traffic remains depressed - down 45% year over year in October to date. Around the country, the pace of recovery for the sector has varied significantly by state.
October 28, 2020 / Business

How Do Data Breaches Impact Hiring?

From Revelio Labs
Data is one of the most valuable resources today. The companies that own and store the world's largest and most valuable data wield enormous influence. Yet despite their power, these companies are increasingly vulnerable to data breaches, a costly and reputationally damaging affair.
October 28, 2020 / Business

Yum! Brands & Wendy’s

From Placer
In this Placer Bytes we dive into the Yum! Brands’s portfolio and fast-food giant, Wendys. Yum! Brands’s portfolio consists of fast-food players such as KFC, Pizza Hut, Taco Bell and the recently acquired Habit Grill. And, when looking at the first three, there were reasons to be optimistic at the beginning of 2020.
October 27, 2020 / Business

Halloween Retailers Aren’t Spooked, but Ad Spend is Down

From MediaRadar
As the holidays approach, consumers and brands alike are filled with uncertainty. What does a Halloween celebration look like in a world of masks and social distancing? With the holiday just a week away, we take a look at how consumers are approaching Halloween and how ad spend has changed this year.
October 27, 2020 / Business

Best Buy Launches Early Black Friday Promotions to Rival Amazon's Prime Day

From Pathmatics
Black Friday and Cyber Monday have been the biggest retail shopping days in recent history. With Prime Day, Amazon made a move to spur another shopping spike in July, which was this year delayed until October 13 and 14 due to the coronavirus pandemic. Not wanting to miss out on the hype, Best Buy announced that it also would offer massive discounts at the same time, calling its version Early Black Friday. So how did these two retail giants compare in terms of their advertising strategies for these first huge retail events of 2020?
October 27, 2020 / Business

Checking in on Dunkin’, Starbucks and Sprouts

From Placer
In this Placer Bytes, we take a look at the recent performance of Dunkin’, Starbucks, and Sprouts as they push deeper into the recovery period.
October 27, 2020 / Business

The New, New Normal (For Now)? Foodservice Steadies at 25pts

From Huq
The Huq Index shows the decline in footfall across the UK’s foodservice outlets levelling off at 25pts following a wave of new restrictions across the country. Despite suffering a 35% loss from its summer peak on the 31st August, it is good news for the industry that it looks like the floor is close to here, and not some 20pts lower as it was during April and June this year.
October 26, 2020 / Business

Worldwide digital games market: September 2020

From SuperData
Digital games earned $10.7B in September 2020, up 14% year-over-year. Games earned more across all platform types than during the same period in 2019. Mobile revenue was up 9%, PC rose by 8% and console earnings increased 40% as major fall titles began to hit the market.
October 23, 2020 / Business

2020 Prime Day’s Offline Impact

From Placer
Prime Day is a pinnacle for online shopping, yet in recent years the offline impact has been significant and growing. Brands like Walmart, Target, and Best Buy have aligned deals to take advantage of the excitement surrounding Prime Day to drive offline and online visits. Even Amazon entities like Whole Foods have gotten into the mix, utilizing the buzz and cross-channel deals to drive interest in stores.
October 23, 2020 / Business

Uber vs. Lyft: Who’s tops in the battle of U.S. rideshare companies

From Second Measure
When U.S. cities and states faced shelter-in-place orders to limit the spread of the coronavirus, Americans’ reduced mobility resulted in plummeting sales at rideshare companies. As rideshare is continuing to bounce back, in September, Uber and Lyft sales were both down 67 percent year-over-year.
October 23, 2020 / Business

Walmart's Flipkart outperforms Amazon this Diwali shopping season in India

From Apptopia
Amazon and Walmart are big rivals in the US but they are also big rivals in India where Walmart owns Flipkart and Myntra. Prime Day took place around the globe last week except for in India where major shopping happens around the holiday of Diwali. People don't just buy things specifically for the holiday though (clothes/home decor), but for everything such as computers, mobile phones, cars, bikes and more.
October 22, 2020 / Business

5G Claims Gone Wrong: The Dangers of Bad Data

From Ookla
5G is in the news as competing operators roll out deployments in a race to have the fastest service in the most places. At Ookla®, we’ve observed astonishing 5G speeds that live up to the hype. But 5G headlines can be confusing for consumers who are trying to sift through conflicting claims that are often based on limited (if not deeply flawed) data.
October 22, 2020 / Business

Ikea Falls in Favor Among Manhattanites During COVID

From Advan
In a previous blog post we talked about how the home improvement sector has been one of the bright spots in the pandemic. Year-over-year foot traffic to building material retailers was up 26% in September.Given this trend, we wanted to look in more detail at one of the most popular companies in the home improvement sector - Ikea.
October 22, 2020 / Business

Pubs Resilient Amid Challenge to Foodservice Industry

From Huq
Visits to pubs across the UK has held relatively steady as tighter restrictions come into force in many regions and new local lockdowns create precipitate another sharp decline in Foodservice industry trade. The Huq Index for Restaurants and Pubs shows footfall across the sector fall by an average of 29pts in the last 30 days.