Bloomberg announced the introduction of an alternative data function, ALTD <GO>, on the Bloomberg Terminal. We are excited to share that Bloomberg Second Measure serves as the flagship data analytics source for this new function, providing consumer transaction insights on 300+ public companies. Read the announcement here.
Joining Stitch Fix didn’t change what customers spent at traditional fashion retailers, but it dramatically increased how much they spent on fashion overall."
Historically, whales have gotten a bad rap. In Greek mythology, whales were depicted as ferocious sea monsters, and we all know how Moby Dick ends. However, for many consumer businesses, the “whales” are a prized catch. The term refers to the big spenders, high-rollers, and frequent flyers responsible for an outsized share of a company’s sales.