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.
Online retail giant Amazon made headlines recently by announcing its planned purchase of high-end grocer Whole Foods. The market responded immediately with stock price leaps for both companies, and The New York Times speculated that the acquisition will poise Amazon to better compete with another retail behemoth, Walmart, in the brick-and-mortar marketplace. However, Amazon is known for e-commerce, so what will this sale mean for existing online grocery delivery services?
Philz Coffee received $15 million in Series B funding last year to expand its locations. One of these new locations is in our neighborhood, and this got us wondering: is Philz changing local coffee markets?
Chipotle’s business has been sliding ever since some of its locations were linked to E.coli and norovirus outbreaks. This raises the question: Who is gaining from Chipotle's loss?