• Food & Dining

    Albertsons Companies’ (NYSE: ACI) sales per customer has increased in the pandemic

    Albertsons Companies, Inc (NYSE: ACI), the parent company of supermarket chains such as Albertsons Markets, Safeway, and Acme, made its public debut back in June 2020. Alternative data—specifically, Bloomberg Second Measure’s consumer transaction data—shows that after an initial bump in sales at the beginning of the pandemic, Albertsons Companies’ sales are back to pre-pandemic levels. … Continued
    • Food & Dining

    Shake Shack expands online presence during the pandemic

    Throughout the COVID-19 pandemic, Shake Shack (NYSE: SHAK) has been revamping its omnichannel strategy. The fast casual burger chain has launched features such as curbside pickup and delivery through its own app to facilitate online ordering, and is looking to further expand its retail footprint in 2022 by opening drive-thrus and 50 new locations, primarily … Continued
    • Food & Dining

    Dutch Bros Coffee sales are brewing in new markets

    Dutch Bros Coffee, the Oregon-based coffee chain popular on the West Coast, recently made its debut on the NYSE under the ticker BROS. In the two years leading up to its IPO, Dutch Bros launched market expansion plans aimed at reaching consumers in new states. An analysis of consumer transaction data found that Dutch Bros … Continued
    • Food & Dining

    As Uber acquires Drizly, alcohol delivery companies remain in high spirits

    The alcohol delivery market has been abuzz with activity. DoorDash (NYSE: DASH) recently launched an alcohol delivery option in select states, while Uber (NYSE: UBER) finalized its acquisition of Drizly. An analysis of transaction data reveals that even though bars and restaurants have gradually reopened during the pandemic, sales at same-day alcohol delivery companies like … Continued