Author: Janine Perri

    Rental car sales accelerate amid nationwide shortage

    As travel-related sectors are bouncing back from the COVID-19 pandemic, rental cars have been in short supply. Consumer transaction data reveals that June 2021 sales for top rental car parent companies like Avis Budget Group and The Hertz Corporation exceeded sales from the same month in 2019 and 2020. At the same time, peer-to-peer car … Continued
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    Event ticketing platforms see growth, as some metro areas rebound quickly

    As the travel industry recovers and in-person events—such as Broadway shows, sports games, and live concerts—restart in some parts of the U.S, the major event ticketing platforms have seen rising sales. During the height of shelter-in-place orders in April 2020, overall sales among a select set of ticket marketplaces (Ticketmaster, Vivid Seats, StubHub, and SeatGeek) … Continued
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    Instacart and Walmart lead the pack in grocery delivery sales

    Grocery delivery sales skyrocketed early in the pandemic, as shelter-in-place orders went into effect and many consumers avoided going into brick-and-mortar grocery stores. Between March 2020 and April 2020, total sales among a select set of grocery delivery competitors–Instacart, Walmart Grocery, Shipt, Peapod, and FreshDirect–grew 62 percent. While demand for grocery delivery still exceeds pre-pandemic … Continued
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    Amazon sales grew during Prime Day 2021, despite competing retail events

    For the past few years, some superstore retailers have hosted their own sales events to coincide with Amazon Prime Day. In 2021, these companies included Walmart, Target, Best Buy, and Bed Bath & Beyond. Consumer transaction data reveals that despite competing sales events during Prime Day 2021, Amazon sales increased and the company experienced higher … Continued
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    Kung Fu Tea sales pop despite boba shortage

    Among the many supply chain challenges of the pandemic, one such commodity experiencing a shortage is boba—the tapioca pearls that are the main ingredient in bubble tea. A closer look at consumer transaction data for large national chain Kung Fu Tea reflects that demand for bubble tea has been rising during the pandemic, but so … Continued
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    Ahead of IPO, Sweetgreen’s online sales soar

    One of the largest salad chains, Sweetgreen, recently filed for an IPO, which would make it an early player among major salad chains to go public. Sweetgreen’s emphasis on healthy, sustainable food as well as a seamless digital experience has resulted in significant growth over the past several years. With a Sweetgreen IPO on the … Continued
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