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.
Consumer Edge credit card data has been very effective in predicting Macro-level economic growth trends. For the unadjusted Retail sales number that the Census Bureau reports every month, government data accelerated +730 bps and CE data caught this acceleration with data delivered well in advance of the report. Pent-up demand may be a key driver of this acceleration, as the September growth rate was higher than even any 2019 monthly growth rates.
The annual rate of U.S. commercial real estate price growth came in at 1.4% in September, as continued gains in apartment and industrial sector prices balanced out declines in retail and office prices, the latest RCA CPPI: US summary report shows. The US National All-Property Index gained 0.2% in September from August.
ATTOM Data Solutions, curator of the nation’s premier property database and first property data provider of Data-as-a-Service (DaaS), today released its third-quarter 2020 U.S. Home Sales Report, which shows that profits for home sellers nationwide continue to hit high points despite the economic distress caused by the worldwide Coronavirus pandemic.
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.
In recent weeks, the term “K-shaped recovery” has been popping up with increased frequency; used by political figures, economists and media personalities alike. Investopedia, in short, defines a K-shaped recovery as when “different parts of the economy recover at different rates, times, or magnitudes.”
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.
U.S. single-family rent growth strengthened in August, increasing 2.1% year over year, a bit higher than the 1.7% rate reported for July 2020, but a slowdown from the 2.9% rate recorded for August 2019, according to the CoreLogic Single-Family Rent Index (SFRI). The index measures rent changes among single-family rental homes, including condominiums, using a repeat-rent analysis to measure the same rental properties over time.
The Trump campaign outspent Biden nearly two-fold from July through September. But, throughout September and October, we've seen the two campaigns battle public attention, starting with a series of back-to-back, YouTube takeovers, followed by a reported uptick in television ads from the Biden campaign.
The Association of American Railroads (AAR) today reported U.S. rail traffic for the week ending October 17, 2020. For this week, total U.S. weekly rail traffic was 518,763 carloads and intermodal units, up 2.2 percent compared with the same week last year.
In this Placer Bytes, we dive into the initial data from the reopening of the American Dream mall and a fitness player’s unique positioning. With many assuming the American Dream was going to be a flop, there are signs from the mall’s reopening that could be strong.
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.
When many Americans sheltered in their homes early in the coronavirus pandemic, meal delivery sales reached new heights. Our data reveals that in September, sales for meal delivery services grew 125 percent year-over-year, collectively.
Globally, the top 10 Fast Fashion apps grew Q3 downloads 40% YoY. But what is Fast Fashion? Investopedia defines it as a term used by fashion retailers to describe inexpensive designs that move quickly from the catwalk to stores to meet new trends... it is not uncommon for fast-fashion retailers to introduce new products multiple times in a single week to stay on-trend. I will note that many people are against this industry as a whole for environmental concerns.
The market experienced steady year-over-year growth across almost all housing indicators in September. Single-family housing authorizations were up for the second consecutive month, signaling strong demand and homebuilder confidence in the market. New construction grew alongside construction employment in the U.S. last month. However, construction employment remains well below levels seen in the months preceding the pandemic, indicating room for growth in this segment.
The number of carloads moved on short line and regional railroad in September 2020 was down compared to September 2019. Carloads originated decreased 4.2 percent, from 339,519 in September 2019 to 325,145 in September 2020.
A Fall NBA, empty talk show audiences, and quarantined reality TV stars are a far cry from the normal fall television lineup. Thanks to the pandemic, however, that’s exactly what audiences are seeing. As TV content changed this year, so too did advertising. Though spending has increased since the height of the pandemic, it’s not quite back to normal.
There is no doubt that malls took a serious hit during the spread of COVID. However, as we’ve seen in previous reports analyzing the different recoveries of indoor and outdoor centers, the pace of recovery can be highly tied to format. So, we decided to dive into an intrigued subset of the outdoor center, outlet malls, to see how they’re recovering and stacking up against other competition.
Understanding the long term effects of two merging companies is complex. There are the melding of cultures, product lines, egos, and, not to mention, workforces. With all these complex variables, it’s no wonder so many mergers fail, and even more miraculous when some wildly succeed. So what makes a good or bad merger, and how can we predict them better?
According to a 16,000 patient survey conducted by Medisafe, a medication management company, 65% of participants will not get the vaccine immediately as it becomes available. They will wait until their doctor approves it or until enough people get the vaccine to know it works. Only 21% of people will take the vaccine as soon as it is available, while 9% admit they will never trust a COVID-19 vaccine.
