• Retail & Ecommerce

    Regis Corporation’s (NYSE: RGS) pandemic sales growth varies by state

    Hair salons gradually reopened as COVID-19 cases slowed and state and local authorities lifted their shelter-in-place orders, but sales at Regis Corporation (NYSE: RGS)—the parent company behind salon brands such as Supercuts, Cost Cutters, and SmartStyle—remain below pre-pandemic levels. However, sales recovery for Regis Corporation has varied by state, especially early in the pandemic.
    • Retail & Ecommerce

    Mattress Firm has a spring in its step, as sales rise ahead of IPO

    In early January 2022, Mattress Firm filed for an IPO. The mattress company was taken private in late summer 2016 after about five years of trading on the NASDAQ. Consumer spending data shows that Mattress Firm’s sales have grown over the past two years, as average transaction values at the retailer have increased compared to before the pandemic.
    • Retail & Ecommerce

    Department stores showed signs of recovery during 2021 holiday season

    Department stores showed signs of sales recovery during the recent holiday season. Consumer transaction data reveals that 2021 holiday sales at several major U.S. department store parent companies approached pre-pandemic levels, and a few companies such as Dillard’s (NYSE: DDS) and Hudson’s Bay Company even exceeded holiday sales before the pandemic.
    • Retail & Ecommerce

    Transaction data projected SFIX and RENT revenue ahead of earnings reports and now sees sales slowdown for Stitch Fix

    Last week, DTC clothing subscription companies Stitch Fix (NASDAQ: SFIX) and Rent the Runway (NASDAQ: RENT) released earnings reports showing strong revenue growth in the most recent fiscal quarter. Before these earnings reports were released, transaction data from Bloomberg Second Measure projected the quarter’s revenue within 1 percent of each company’s reported revenue.
    • Retail & Ecommerce

    Big-box retailers closed last Thanksgiving saw a decrease in sales

    In 2020, several big-box chains—including Walmart, Target, and Best Buy—announced that they would close their retail locations on Thanksgiving Day due to the ongoing COVID-19 pandemic. Consumer transaction data reveals that among the three companies, Walmart saw the most significant decrease in year-over-year sales the week of Thanksgiving that year.