Author: Liyin Yeo

    Sneaker resellers putting their best foot forward

    Aftermarket sneaker resellers have witnessed a surge in consumer demand over the last 12 months, likely accelerated by the closure of brick-and-mortar sneaker stores during the pandemic. While traditional sneaker retailers—FootLocker, FinishLine, and ShoePalace—saw little or no growth in 2019 and then experienced a collective year-over-year sales decrease of 72 percent in April 2020, aftermarket … Continued

    Third Party delivery services boost restaurant industry sales

    The COVID-19 pandemic has increased the popularity of third party delivery services, which have seen a surge in full-service restaurant partnerships as many restaurants turn to third-party delivery services to stay afloat. However, our consumer transaction data reveals that third party delivery services generate significantly more sales through quick-service restaurants than full-service restaurants, though they … Continued

    Pandemic accelerates GameStop’s shift to online sales

    While GameStop (NYSE: GME) has been in the news due to the recent Reddit-fueled buzz, trading activity, and stock volatility, transaction data reveals that its sales have decreased over the last two years—exacerbated by COVID-19 as well as the increase in gaming publishers’ and console manufacturers’ direct-to-consumer offerings. Over the last 12 months, GameStop’s average … Continued

    Disney+ takes customer retention crown from Netflix

    As COVID-19 has forced movie theatres to close and spurred increased subscriptions to streaming services nationwide, Disney has doubled down on streaming by releasing new movies straight to Disney+. The company, which originally included new releases in base subscription plans, launched its Premier Access feature with the release of Mulan, requiring a $29.99 one-time fee … Continued

    Drizly dominates alcohol delivery market

    The popularity of alcohol delivery services has skyrocketed with the introduction of pandemic-driven social distancing policies. Given the closure of bars across the country, consumers are turning towards more convenient alternatives to get their happy hour beverages. Within the alcohol delivery market, Drizly has set itself apart from the crowd. The company—which recently raised $50 … Continued

    Renewed appetite for meal kits has sales rising at HelloFresh

    The struggling meal kit industry has flourished in the COVID-19 era. Whereas industry sales had previously fallen 5 percent in July 2019, the industry has gained tailwinds a year later, growing an average of 101 percent in July 2020. As shelter-in-place orders left many Americans with extra time for home cooking, a closer look at … Continued