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Retail & Ecommerce
For some seasonal industries, the COVID-19 pandemic has spurred increased demand outside of the typical busy season. This is particularly true for the direct-to-consumer (DTC) flower industry—including flower subscription box companies—which experienced strong sales growth throughout 2020 and early 2021.
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Retail & Ecommerce
Increasing vaccination rates and loosening policies in regards to large gatherings and mask-wearing have re-ignited consumers’ interest in beauty products. One of the main beneficiaries of this phenomenon is Ulta Beauty, whose Q1 2021 earnings outperformed investors’ expectations.
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Retail & Ecommerce
While traditional furniture retailers have experienced modest sales growth since summer 2020, direct-to-consumer (DTC) furniture companies are experiencing greater growth and capturing an increasing percentage of market share.
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Retail & Ecommerce
As environmentally-conscious consumers turn away from fast fashion and seek more sustainable alternatives, resale marketplaces have been on the rise.
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Retail & Ecommerce
DTC toilet paper companies saw strong growth in March and April of 2020. New consumer spending data reveals how Tushy and Who Gives A Crap have fared in the year since the initial panic-buying phenomenon.
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Retail & Ecommerce
Brick-and-mortar retailers have been suffering during COVID-19, but one category that is expanding is dollar stores. Among dollar store companies, Dollar General experienced the highest sales growth in 2020 by capturing spend from customers who previously shopped at competitors.