Travel has been hit hard by COVID, but in some — outdoor — locations, people are flocking to boutique hotels, outdoor camping sites, and other natural settings to get some long-overdue relaxation time. In the infographic below, we highlight five of the top growing destinations globally as of September 2020.
There is typically pressure on imports to countries like Chile and Brazil due to less demand for LPG heating fuel. This year, however, there is more demand for coronavirus mitigation equipment that uses LPG feedstock to produce plastics and films.
When stay-at-home orders closed gyms and fitness classes in many states in March, many Americans turned to baking as an alternate activity, leading to jokes about the COVID-driven 19 pounds of weight gain. However, not all consumers turned to banana bread for comfort. Many former gym members began purchasing at-home equipment and streaming classes, leading to success for companies like Peloton.
Nearly nine months into the global COVID-19 pandemic, luxury retailers in big cities across the U.S. wait and hope that Black Friday will inject a much-needed dose of foot traffic into local stores. But with infection rates rising, migration from big cities underway, and a lack of tourists, luxury brands need more than hope.
Alternative real-time data from Huq predicts a bleak winter ahead for European manufacturing – particularly in food, chemicals and aerospace.
The latest edition of the ECM-ForwardKeys Quarterly Barometer Report, published jointly by ForwardKeys and the non-profit organisation, European Cities Marketing (ECM), reveals that Europe’s most resilient cities are leisure hotspots despite the devastating COVID-19 pandemic.
Total construction starts rose 12% in October to a seasonally adjusted annual rate of $787.9 billon. While sizeable, the increase does not erase September’s substantial pullback in starts. All three major categories moved higher over the month, nonbuilding starts rose 25%, nonresidential buildings increased 19%, while residential activity gained 2%.
U.S. single-family rent growth strengthened in September, increasing 2.5% year over year, showing solid improvement from the low of 1.4% reported for June 2020, but a slowdown from the 3% rate recorded for September 2019, according to the CoreLogic Single-Family Rent Index (SFRI).
In this Placer Bytes, we dive into Best Buy, one of the true kings of offline retail, and two of our 2020 winners – BJ’s and Dick’s Sporting Goods. After proving just how substantial Amazon Prime Day’s offline impact could be, Best Buy looks well-established for an exceptional holiday season.
COVID-19 has changed the dynamics of the restaurant industry, with quarantine and shelter-in-place orders leading some to increase the amount of food they’re ordering in, while others hesitated to have any contact with even delivery workers. CE Vision provides the unique ability to look at individual transactions by restaurant and by delivery service in order to give users a more wholistic view of trends.
It has been a few months since we’ve checked in on the new construction pipeline. In August’s newsletter the focus was on the larger markets around the country for the most part. In this space today, we take a closer look at the new construction activity in some of the smaller markets.
In this Placer Bytes we dove into the data surrounding apparel giants Gap & Old Navy, checked in on Nordstrom and Nordstrom Rack and analyzed Macy’s continued recovery. Gap recently announced its plans to close multiple stores and shift focus more to outdoor locations, following suit of its sister brand, Old Navy.
In our last issue, we named the Fall Flats, the latest phase we’ve measured in traffic reemergence. We had been hesitating to pick a name for this time period because, well, nothing was happening. Traffic had reached an equilibrium. The Summer Slump seamlessly transitioned to unchanging foot traffic in September and October.
Supermarket shopping in the UK is holding resilient through the UK’s second national lockdown, with footfall over the last week comparable to last year’s levels while attendance to supermarkets on the continent has reached a new low.
Class A properties have been especially impacted in a year in which apartment demand cratered thanks to a global pandemic during what is normally a strong portion of the year for the multifamily industry. This was in part due to the influx of new units from the new construction pipeline and in part from a move toward affordability on the part of residents this year.
November 16, 2020
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Business
Petco’s IPO
With news of Petco planning to IPO (again) we looked at how they’ve performed against their main competitor, PetSmart. It’s interesting to note that the overlap of Petco shoppers also shopping at PetSmart’s online-only brand Chewy—while doubling from Jan’18 to Oct’20—is still relatively small at 16%
During the lockdown in many areas of the country, households were suddenly faced with finding activities to do with the family or occupy time while activities out of the home came to a halt. While some new skills may be short lived, some new habits emerged: households have increased their cooking activity and cultivated new bread making skills, while others embarked on more ambitious home improvements and upgrades that had previously been ignored.
Both CNN and Fox News jumped to the top of the charts on election day. And both apps outperformed their 2016 performance. On November 8, 2016, CNN was #8 and Fox was #29 on the U.S. Top Overall chart for free apps on iOS. This past election day, CNN landed as #5 and Fox landed as #8. While CNN maintains a steady lead over Fox, Fox certainly saw the most growth between the two elections.
With COVID-19 data from this week showing record case numbers and hospitalizations, Kinsa’s data show no signs of things getting better. 15 states are signalling imminent increases in our early-warning system, including the already hard-hit states of Texas, Missouri and West Virginia.
Catherine McGuinness, chair of policy at the City of London Corporation, which governs the financial district, warned of “a bleak winter”. She said: “People have been steadily coming back to the City but this plateaued in September and will now drop off.”
