• Retail & Ecommerce

    Cross-shopping between Etsy and Depop increased ahead of acquisition

    In June 2021, global ecommerce company Etsy announced that it would acquire Depop, a UK-based resale marketplace that has also been gaining traction in the US. Consumer transaction data shows that during the pandemic, a growing percentage of U.S. customers at Depop have also been making purchases at Etsy. Additionally, cross-shoppers between the two companies … Continued
    • Retail & Ecommerce

    Sales take flight ahead of Allbirds IPO

    Allbirds, the San Francisco-based startup known for its sustainable footwear collections, recently filed for an IPO. Initially launched as a DTC sneaker company, Allbirds has been growing its retail footprint over the last few years while also expanding into apparel categories. As Allbirds prepares for its public debut, consumer spending data reveals how returning customers … Continued
    • Retail & Ecommerce

    Macy’s earnings surprise signals consumers’ return to retail

    As retailers see increased traffic from shoppers returning to brick-and-mortar stores, department stores such as Macy’s are experiencing significant sales growth. In fact, Macy’s Inc.’s (NYSE: M) most recent earnings report outperformed investors’ expectations. Consumer transaction data identified growth in retail channel sales and spend migration from competitors as factors potentially driving Macy’s earnings surprise. Transaction … Continued
    • Retail & Ecommerce

    DTC clothing rental rallies ahead of Rent the Runway IPO

    After a sharp decline early in the pandemic, the DTC clothing rental market is experiencing a resurgence. Many consumers are signing up for DTC clothing rental subscriptions as they return to the office and begin attending in-person events such as weddings again. As a Rent the Runway IPO approaches, consumer transaction data reveals how customer … 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

    Amazon sales grew during Prime Day 2021, despite competing retail events

    For the past few years, some superstore retailers have hosted their own sales events to coincide with Amazon Prime Day. In 2021, these companies included Walmart, Target, Best Buy, and Bed Bath & Beyond. Consumer transaction data reveals that despite competing sales events during Prime Day 2021, Amazon sales increased and the company experienced higher … Continued