• Retail & Ecommerce

    Wine Subscription Companies See Sales Pour in During the Holidays

    With COVID-19 cases continuing to rise nationwide, holiday shopping is expected to further transition away from brick-and-mortar stores and toward e-commerce. The shift to purchasing gifts online has strong implications for DTC wine subscription companies, which have historically experienced significant sales increases during the holiday season and have further exploded in popularity during the pandemic.  … Continued
    • Retail & Ecommerce

    Amazon Prime Day 2020 Was the Biggest Ever

    It’s prime time for online shopping. Earlier this year, Amazon announced that it would shift its annual Prime Day from mid-July to mid-October in response to the COVID-19 pandemic. New sales data shows that Amazon Prime Day 2020, which took place on October 13 and 14, outperformed previous Prime Days while also ushering in an … Continued
    • Retail & Ecommerce

    COVID-19 Industry Tracker

    U.S. consumer spending has been altered by the coronavirus pandemic. Our data reveals that consumers are changing the way they pay for goods and services, with some industries seeing spending shift toward online purchases. Additionally, the pandemic has changed the types of purchases consumers are making, with stimulus recipients increasing their spending on big-ticket items. … Continued
    • Retail & Ecommerce

    Gymshark’s new customer acquisition is devouring the competition

    Founded in 2012, Gymshark had been swimming along stealthily until it snapped up its first ever funding round from General Atlantic at a $1.3B valuation. Its focus has primarily been on building an influencer community and selling to consumers in its home country, the UK. Its founder, Ben Francis, is now looking to shift his … Continued
    • Retail & Ecommerce

    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
    • Retail & Ecommerce

    What kind of consumers did LULU acquire with its purchase of Mirror?

    The home fitness industry is growing rapidly, with several companies now offering interactive fitness hardware with subscription access to classes, private training, or workouts. High-tech at-home workouts have been increasing in popularity, and among select private companies in this space, recent growth has been impressive. Our data indicates that Q2 2020 saw nearly 780 percent … Continued