The rumor mill began churning last Thursday with rumblings that software giant Salesforce had interest in acquiring work tools company, Slack. Official news is expected soon – and we all wait with bated breath to see how this will impact our inter-office GIF strategies.
Changes in consumer buying patterns led to a drop in Black Friday and Cyber Monday digital game revenue in 2020. Game spending is still on track for a record-breaking 2020 but consumer anticipation for next-generation consoles and the growing popularity of subscription services diminished the importance of the holiday weekend as a main revenue driver.
Black Friday 2020 was never going to reach the ‘normal’ peak that this retail extravaganza usually hits. But, the recent rise in COVID cases and added restrictions created an extra obstacle for some states to overcome. So, what happened? Looking at six top retailers, with a focus on those who have done well in 2020, shows that impact. The six saw an average visit decline of 26.3% compared to Black Friday 2019.
UK residents living in regions destined for Tier 1 tomorrow have demonstrated greatest restraint in terms of mobility during recent months and the last few weeks of lockdown. What will they do with their newfound freedoms? Data from the Huq Index – which measures daily distances travelled – suggests not very much.
We've picked out the top mobile app happenings from this Black Friday holiday weekend. We’re reviewing data in the United States from Thanksgiving day through Cyber Monday. Mobile app sessions of shopping apps in the US hit 1.29 billion, a record for the holiday weekend. The large retailers are first up.
Since the arrival of Covid-19, safety has become a key concern for travelers and will remain to be so. This means the sector needs to be ready so that travel remains a safe experience, and that it is perceived as such. Right now, it seems like the safety perception is influencing the way people travel and the itineraries they take. This becomes even more apparent when looking at the performance of hubs.
National home prices increased 7.3% year over year in October 2020, according to the latest CoreLogic Home Price Index (HPI®) Report. The October 2020 HPI gain was up from the October 2019 gain of 3.5% and was the highest year-over-year gain since April 2014. The pandemic has shifted home buyer interest toward detached rather than attached homes as detached homes have more living area and tend to be located in less densely populated neighborhoods.
With the peak summer renting season behind us, we are now entering the time of year when fewer moves normally take place, causing a seasonal dip in rent prices. And although this year’s peak season was significantly disrupted due to the COVID-19 pandemic, our national index has stabilized back to a more typical trend over the past few months. Rents fell by 0.5 percent this month, which is consistent with what we’ve seen in the past.
If there’s one major sector that has borne the brunt of problems during COVID, it’s the US energy sector. Credit quality deterioration may not be as pronounced in the UK or EU energy sectors, but similar industry strains exist in both. Prices remain below their pre-pandemic levels, and demand will likely remain weakened until normal transportation habits and schedules return. The threat of COVID remains ever-present.
In this Placer Bytes, we analyze what Kroger’s success means moving forward, break down the continued success of At Home and signs of a Michaels breakout. Few have had a better turnaround in 2020 than Kroger. After and up and down 2019, the last ten months have produced an impressive run, especially in light of the pandemic. Kroger was part of a group of traditional grocers that have seen their value increase as visitors increasingly prioritize the combination of value and the ability to serve as a one-stop-shop.
More than half of U.S. advertising is expected to be spent on digital advertising this year—with the strongest growth in social media, video, eCommerce and search. Snapchat is one of the social media platforms seeing this growth in action. It’s been a while since we checked in with Snap. How did it perform during Q3 and have there been any significant changes among its advertisers due to the pandemic?
In anticipation of Airbnb’s IPO, we reviewed statements made in the company’s S-1 and compared them with our spend data of millions of de-identified US consumers. We’ve also added an appendix with a backtest of our data against the company reported GBV. Please reference for detail on biases and alignment with our data.
When we think of the ‘most wonderful time of the year’ our minds rightfully drift to Christmas, Thanksgiving, and maybe for the truly shopping-minded, Black Friday and Cyber Monday. But lost in the shuffle is a key day in the grocery calendar: Turkey Wednesday. On that day, shoppers across the country hurry to their local grocery store to get the last-minute needs for an ideal Thanksgiving meal.
Each year, the flagship day of the pre-Christmas shopping spree, Black Friday, delivers major shifts in consumer behavior. Last year’s sales hit a record high of $7.4bn in online spending, indicating that the future of shopping sits firmly within the digital realm.
The Association of American Railroads (AAR) today reported U.S. rail traffic for the week ending November 21, 2020. For this week, total U.S. weekly rail traffic was 534,607 carloads and intermodal units, up 2.5 percent compared with the same week last year.
While 2020 has left little to be surprised about, the home purchase market has surprised for the better. Strong home buying activity continued to soar into autumn, with September reaching the strongest annual growth since pre-Great Recession.
Huq has mapped the density of people within London by postcode district, month-on-month since the start of the year to create a time-lapse revealing emerging patterns. The visualisation shows how lockdowns one and two have transformed the capital, and what activity looks like across the city today.
With a new phase of lockdowns beginning across the US, many shoppers have opted to get a jump on Black Friday over the past week. Foot traffic to malls increased steadily across most states other than Texas where case numbers have climbed significantly, although lockdown measures have not yet been imposed. Mall visits in Texas have remained more or less flat since the start of the month.
Many B2B industries floundered in the wake of the COVID‐19 pandemic, while others adapted to serve new purposes. The shipping and logistics industry is a prime example of an industry that changed drastically to stay afloat—and some believe those changes are here to stay.
Best Buy is in for their best holiday season yet. The company, which launched Black Friday deals over the weekend, is seeing huge app growth. Yesterday, November 24, the app achieved approximately 1.15 million daily active users, an all-time high for the app according to Apptopia record.* Last week was the first time the app hit the 1-million milestone.
