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.
Shelter-in-place orders in response to the coronavirus have pushed Americans to spend more at major office supply retailers, like Office Depot and Staples.
Point-of-sale financing is gaining popularity. Payments to the industry nearly quadrupled since January 2018 and are likely to surge this shopping season.
Unicorn cosmetics sensation Glossier held just one major sale in 2018, and it paid off. It also attracted more returning customers than new ones; a common occurrence for the brand. And the company’s 2019 sales are up year-over year.