Retail & Ecommerce Archives - Bloomberg Second Measure

Analyzing the U.S. fast fashion market with consumer transaction data analytics

Complementing traditional fundamental data, alternative data enriches investors’ workflow and equips analysts with insights into company performance and consumer trends. More specifically, consumer transaction data analytics offer a direct view into a company’s observed transactions, which in turn gives a read into important revenue and KPIs across a broad segment of industries. Bloomberg Second Measure … Continued

Janine Perri — 24 May 2024

Sales at dollar and discount stores surged during the 2023 holiday season

Going into the 2023 holiday season, many retailers sounded notes of caution regarding consumer spending, as pressures such as student loan payment resumption and higher interest rates weighed on spending budgets of many U.S. consumers. Bloomberg Second Measure transaction data analytics show that amid such pressures, holiday shoppers turned to value retailers during the 2023 … Continued

Michal Kaczmarski — 25 Jan 2024

Amazon’s 2023 Black Friday week observed sales rose, while big-box retailers showed mixed results

Retailers entered the 2023 holiday season amid U.S. consumer spending jitters. With pressures such as student loan payment resumption and higher interest rates looming over holiday spending budgets, how did Black Friday week sales fare in 2023? Bloomberg Second Measure’s consumer transaction data analytics show that observed U.S. sales at Amazon.com Inc (NASDAQ: AMZN) grew … Continued

Michal Kaczmarski — 06 Dec 2023

How did sales growth during Walmart Plus Week compare to that of Amazon Prime Day 2023?

In July 2023, Walmart and Amazon.com held their respective sales events—Walmart Plus Week (July 10-13) and Amazon Prime Day (July 11-12). Bloomberg Second Measure’s consumer transaction data shows that Amazon.com Inc (NASDAQ: AMZN) experienced double-digit week-over-week growth in U.S. consumer sales during the week of Amazon Prime Day 2023. Meanwhile, ahead of Walmart Inc’s (NYSE: … Continued

Michal Kaczmarski — 15 Aug 2023

Amid decreased consumer spending on electronics, Best Buy’s average sales per customer still surpasses pre-COVID levels

In its recent fourth quarter earnings call, Best Buy Co Inc (NYSE: BBY) projected another year of lower consumer spending on electronics. The electronics retailer saw strong consumer sales in the early months of the COVID-19 pandemic, as work-from-home policies drove spending on home office equipment. More recently, however, Best Buy has experienced challenges related … Continued

Janine Perri — 11 Apr 2023

Ollie’s Bargain Outlet’s sales growth exceeded discount and big-box competitors in early 2023

Amid soaring inflation, many consumers have been turning to lower-price retailers—including discount grocers, big-box stores, and dollar stores—to shop for essential items without breaking the bank. Ollie’s Bargain Outlet (NASDAQ: OLLI), a discount closeout retailer that sells a range of products such as food, clothing, electronics, automotive, and home goods, has reportedly seen similar increases … Continued

Janine Perri — 03 Apr 2023