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Black Friday Weekend: Plenty of Reason for Cheer
Black Friday is the biggest retail milestone of the year – drawing millions of shoppers to stores nationwide. How did brick-and-mortar retailers fare during this year’s Black Friday? We took a closer look at the data to find out.
Lila Margalit
Dec 5, 2024
3 minutes

Black Friday is the biggest retail milestone of the year – drawing millions of shoppers to stores nationwide. And even as e-commerce claims a growing piece of the holiday shopping pie, consumers flock to brick-and-mortar retailers to browse the aisles, check out new products, and enjoy the festive holiday atmosphere. 

But how did brick-and-mortar retailers fare during this year’s Black Friday? Did the high-stakes shopping period deliver?

Brick-and-Mortar Retail Visits Up 0.9% YoY

Black Friday has evolved into a multi-day shopping bonanza. Early holiday sales draw crowds well before Thanksgiving, and major markdowns continue into the weekend and through Cyber Monday. Still, foot traffic data shows that the traditional milestone hasn’t lost its touch. On November 29th, 2024 visits to retailers nationwide surged by 40.4% compared to an average Friday this year – up slightly from 39.8% in 2023.

Year over year (YoY), retail foot traffic increased 0.9% on Black Friday this year – a modest uptick, but one which highlights the resilience of physical retail in an increasingly digital world. Most of the days during the week leading up to Black Friday also saw modest YoY visit increases, as shoppers got a head start on their bargain hunting. And the Saturday and Sunday following the milestone saw more significant YoY visit increases of 2.0% and 6.2%, respectively – perhaps driven in part by customers picking up orders placed online during Black Friday.

Black Friday saw a small YoY increase with some weekend shift in traffic

Regional Factors at Play

Digging deeper into the data for different areas of the country shows that the resonance of the milestone varies significantly by region. In Delaware and New Hampshire, visits to retailers on November 29th were up a whopping 75.9% and 72.8%, respectively, compared to an average Friday this year. And in much of the Midwest – including North and South Dakota, Nebraska, Indiana, Minnesota, Wisconsin, Iowa, Kentucky, Tennessee, and Kansas – retail foot traffic surged by more than 50.0%. By contrast, Western states such as California (26.0%), Wyoming (24.1%), New Mexico (24.5%), Montana (31.3%), Colorado (32.6%), Nevada (33.1%), and Utah (33.6%) experienced much more modest visit boosts.

Black Friday Drove the Biggest Retail Visit Spikes in Parts of the Midwest, South, and Northeast

The differences in statewide Black Friday performance may reflect more general regional Black Friday patterns. Though the Mountain states saw smaller Black Friday visit spikes than other areas of the country, retail visits in the region on November 29th, 2024 were up 4.1% YoY – perhaps a sign that the milestone is growing in local importance. The Eastern and Western South Central regions saw YoY visit increases of 3.7% and 2.8%, respectively – while the South Atlantic region saw a 1.5% increase. Meanwhile, some of the areas where Black Friday is most resonant – including the Midwest – saw visits remain flat or fall slightly below 2023 levels. 

The Mountain and South Central Regions Saw the Most YoY Growth in Black Friday Retail Visits

No Room for FOMO

Holiday shopping is about more than just making transactions – consumers eagerly leave the comfort of their homes to embrace the thrill of the treasure hunt, explore new products firsthand, and enjoy the experience of shopping with friends. And foot traffic data shows that Black Friday retains plenty of in-person appeal.

For more data-driven insights, visit placer.ai

Article
Pre-Thanksgiving Travel & Leisure Visitation Patterns
Many Americans choose to take the entire week of Thanksgiving off, heading home early and maximizing family time during the holiday. How does the extra vacation time impact travel and leisure foot traffic? We dove into the data to find out. 
Shira Petrack
Dec 4, 2024
4 minutes

Many Americans choose to take the entire week of Thanksgiving off, heading home early and maximizing family time during the holiday. How does the extra vacation time impact travel and leisure foot traffic? We dove into the data to find out. 

Airports & Ground Transportation Hubs Exhibit Similar – Yet Distinct – Holiday Visitation Patterns  

The Tuesday and Wednesday before Thanksgiving are among the busiest travel days of the year as Americans head back home or travel to friends to celebrate the holiday with loved ones. But with many employees taking the entire week of Thanksgiving off – or choosing to work remotely – the Saturday before Thanksgiving is also a popular travel day.

On Saturday November 23rd, 2024, major U.S. airports and ground transportation hubs saw a 16.8% and 12.5% increase in visits, respectively, compared to the recent Saturday average. The Saturday spike suggests that many travelers started their holiday journey early to avoid the pre-Thanksgiving rush while enjoying a little more time with family and friends.

Visits to both airports and ground transportation hubs then fell on Sunday – although the airport drop was more pronounced than the bus and train station dip – before diverging for the rest of the week: Bus and train stations rose on Monday and peaked on Tuesday before leveling off, while airport visits stayed low on Monday, spiked on Tuesday, and peaked on Wednesday. 

The dip in Monday visits along with the relatively larger drop in Sunday visits for airports is likely due to athe decrease in business travel during the week of Thanksgiving. Meanwhile, ground transportation may pick up on Monday because those trips tend to be longer – so travelers could be choosing to head out earlier.

Visits to Major U.S. Airports, Ground Transportation Hubs Compared to Same-Day Average between 9/1/24-11/21/24

Hotel Visits Dip Despite Rise in Travel 

But even as travel traffic increased, hospitality visits dipped. Most hotel categories – with the exception of luxury hotels – received significantly fewer visits on the days before Thanksgiving relative to their recent daily visit averages, with visits only rising slightly for some categories just before the holiday. 

This substantial drop in hotel visits pre-Thanksgiving is likely due to a decrease in business travel ahead of the holiday. But all that Saturday travel (see above) still means more people away from home – so where are these travelers staying? The dip in hotel visits before Thanksgiving suggests that many people traveling earlier in the week may be choosing to forego the hotel and instead stay with friends or family. 

Visits to Hotels by Category, Compared to Same-Day Average between 9/1/24-11/21/24 show a slight dip

Visits to Attractions Spike Ahead of Thanksgiving

How do these early Thanksgiving travelers spend their time ahead of the holiday? 

Many of those traveling early may be taking extra PTO ahead of the holiday to maximize quality time with their geographically distant family – so, unsurprisingly, foot traffic data indicates that visits to family-friendly destinations spike ahead of the holiday. 

This year, visits to museums, aquariums, and zoos peaked on the Tuesday before Thanksgiving relative to the recent Tuesday average, and remained significantly elevated on Wednesday. Museums – which may appeal to a wider age range than the other two types of attractions – also received a substantial visit boost on Monday. 

This trend highlights the opportunity for family-friendly venues to strategically plan events, promotions, and extended hours during the early Thanksgiving week to attract traveling families seeking meaningful experiences together.

Visits to Museums, Aquariums, and Zoos Over Thanksgiving Week are higher Compared to Same-Day Average between 9/1/24-11/21/24

Out of Town Guests Visit Museums

Indeed, zooming in on family-friendly museums across the country reveals that these venues tend to welcome a much larger share of out-of-town guests on the Monday to Wednesday before Thanksgiving compared to the same period the week before. This suggests that many of those who traveled early for Thanksgiving use the days ahead of the holiday to spend quality time with their relatives and engage in family-friendly activities in their hosts’ cities. Museums and similar venues can capitalize on this trend by tailoring their offerings or promotions to appeal to these out-of-town visitors during this peak period.

Share of Visitors Living 100+ Miles Away from Venue, Monday to Wednesday Before Thanksgiving Compared to Previous Week  show an increase

Opportunities for Family-Friendly Fun During Thanksgiving Travel Boom

Analyzing pre-Thanksgiving foot traffic to travel hubs and leisure venues reveals that many Americans likely leverage the extra time off to extend their stay with their loved ones and explore local attractions together. By understanding these trends, businesses and cultural institutions can better cater to holiday travelers, creating meaningful experiences during this uniquely busy and family-focused season.

For more data-driven insights, visit Placer.ai.

Article
2024 Pre-Thanksgiving Consumer Traffic Trends 
We dove into the consumer foot traffic trends for the week before Thanksgiving to uncover some lesser-known ripple effects the holiday brought to retail, dining, airports, and more.
Shira Petrack
Dec 3, 2024
3 minutes

Many of Thanksgiving’s consumer behavior impacts are broadly recognized, from the pre-Thanksgiving Turkey Wednesday peak at grocery stores to the post-Thanksgiving Black Friday shopping bonanza. But diving into consumer foot traffic trends for the week before the holiday reveals some lesser-known ripple effects from many Americans’ favorite national event. So how did Thanksgiving impact retail, dining, and airport visits this year? We analyzed the data to find out. 

Visits to Home Decor & Party Supply Stores Spike  

Many Americans host friends and family for Thanksgiving dinner, leading to the well-recognized spike in pre-Thanksgiving grocery traffic that culminates on Turkey Wednesday. But hosting a proper Thanksgiving dinner requires more than just good food – the space needs to be prepped as well. 

Foot traffic data indicates that many consumers do in fact spend the week before Thanksgiving shopping for decor and other entertainment supplies, driving visit increases at home furnishing stores such as Homesense and at party supply stores such as Party City. And the prospect of guests also seems to motivate consumers to tackle whatever home repair projects they’ve been putting off – visits to home improvement stores, including Home Depot and Lowe’s, also received a significant boost the week before Turkey Day. 

Visits to Furniture & Home Furnishing Stores, Gifts & Craft Stores Over Thanksgiving Week, Compared to Same-Day Average* between 9/1/24-11/21/24 show a surge in visits

Dining Visits Rise 

All the time spent in the kitchen cooking for Thanksgiving may also be contributing to a rise in dining visits on the days leading up to the holiday. Although visits to restaurants, breakfast joints, and fast food places dipped slightly during the weekend before Thanksgiving, foot traffic to major dining segments began climbing on Monday, November 25th before peaking on Turkey Wednesday. 

This increase in dining visits could be due in part to home cooks – and their families – looking to fuel up outside the home as the kitchen gets taken over by Thanksgiving prep. And some Americans who started the Thanksgiving vacation early may choose to spend some quality time going out to eat with their friends and families prior to the big day. Others who are already traveling may also be driving up dining visits by looking for more meals on the go. 

Visits to Dining Categories Over Thanksgiving Week, Compared to Same-Day Average* between 9/1/24-11/21/24 show a peak on wednesday before Thanksgiving

Car Categories’ Visit Boost Limited to Wednesday 

But even as some Americans begin their Thanksgiving travels earlier in the week, most Americans traveling by car seem to wait until Wednesday to head out – and the traffic boost to car-related categories seems to occur much closer to the day itself. Car shops & services and gas stations & convenience stores received a minor bump on the Tuesday before Thanksgiving as some Americans hit the road early or got their car serviced ahead of the long drive back home. But most of the traffic boost to car shops, car washes, and gas stations occurred on Wednesday November 27th – just before Thanksgiving travel. 

Boost to Auto-Related Categories Limited to Day Before Thanksgiving

Thanksgiving’s Foot Traffic Boost 

Thanksgiving’s economic impact is not limited to grocery stores and post-Thanksgiving Black Friday shopping. Analyzing consumer foot traffic data for the week before the holiday reveals the widespread impact that Thanksgiving has on a range of consumer sectors, from car washes to dining segments to home improvement. 

For more data-driven consumer insights, visit placer.ai

Article
Turkey Wednesday 2024: A Veritable Grocery Feast 
Turkey Wednesday – the day before Thanksgiving – is the busiest day of the year for the grocery industry. How did this year’s Turkey Wednesday measure up – and which brands capitalized most successfully on this critical shopping event?
Lila Margalit
Dec 2, 2024
5 minutes

Turkey Wednesday – the day before Thanksgiving – is the grocery industry’s Black Friday. As shoppers flock to stores for turkeys, cranberry sauce, and other holiday essentials, the day delivers impressive visit spikes for grocery, superstore, and dollar stores alike. But how did this year’s Turkey Wednesday measure up – and which brands capitalized most successfully on this critical shopping event?

We dove into the data to find out. 

Gobble Till You Wobble

People love to shop – but they also love to procrastinate, descending on stores just before major holidays to grab last-minute supplies. So far in 2024, March 30th (Easter Eve), May 11th (the day before Mother's Day), and November 27th (Turkey Wednesday) have been the busiest days of the year for grocery stores, superstores, and discount & dollar stores. But while the first two milestones drew bigger crowds to superstores and discount & dollar stores – both natural destinations for gift buyers and food shoppers alike – Turkey Wednesday was the grocery sector’s time to shine. 

On November 27th, 2024, grocery stores saw visits surge by 81.0% compared to a year-to-date (YTD) daily average, capturing over half (51.2%) of visits across grocery, superstore, and discount chains. (During the rest of the year, grocery stores account for just 46.6% of the three industries’ overall visit pie.) Still, superstores and discount & dollar stores also attracted plenty of pre-Thanksgiving shoppers with enticing holiday promotions of their own. And despite reports of consumer cut-backs ahead of the holiday, this year’s Turkey Wednesday performance was on par with last year’s, with grocery visits on November 27th 2024 up 0.7% relative to November 22nd 2023 (last year’s Turkey Wednesday). 

A bar chart compares visit increases on the day before Easter, Mother's Day, and Turkey Wednesday (Nov. 27, 2024) relative to the daily average, with Turkey Wednesday showing the highest grocery store spike (81%). Another bar chart illustrates visit share distribution among grocery stores, superstores, and discount/dollar stores, highlighting grocery stores' increased dominance on Turkey Wednesday.

See You in Mississippi – and Minnesota

Diving into statewide grocery store data shows that like Black Friday, Turkey Wednesday’s appeal isn’t evenly distributed across the United States. Though grocery visits spiked nationwide on November 27th, 2024, some regions saw bigger foot traffic peaks than others. 

In the Pacific Northwest, parts of New England, and some Mountain states, for example, grocery visits increased by less than 70.0% compared to a YTD daily average. But in parts of the Midwest and South, visits spiked by over 90.0%. Mississippi and Minnesota in particular stood out as major Turkey Wednesday winners, with visits up 96.8% and 96.5%, respectively. These regional differences highlight Turkey Wednesday’s special resonance in areas where holiday shopping traditions like Black Friday also dominate.

Visits to Grocery Stores on Turkey Wednesday (Nov. 27 '24)  Compared to YTD (Jan. 1 - Nov. 26 '24) Daily Average by state shows highest change in parts of midwest and south

Traditional Grocery Chains Claim the Spotlight

Which grocery chains benefit the most from Turkey Wednesday? A look at individual brands shows that traditional grocery stores – think Kroger, Albertsons, and Safeway – generally see bigger pre-Thanksgiving visit boosts than limited-assortment value chains like Aldi and Trader Joe’s. And in keeping with the regional trends noted above, some of the best-performing chains are midwestern favorites like Schnucks and Albertsons’ Jewel-Osco, which saw Turkey Wednesday foot traffic surges this year of 103.9% and 92.6%, respectively. 

But numerous other chains also saw major Turkey-fueled visit increases on November 27th – including Food 4 Less, the Kroger-owned regional value chain with locations in both the Midwest and California, and East Coast brands ShopRite and Wegmans. When it comes to last-minute holiday shopping, it seems, there is plenty of room for multiple brands to thrive.

Turkey Wednesday visits compared to daily average show traditional grocery chains experience the largest increase in traffic

Budget Brands Get in the Game 

Though value-oriented grocery chains typically see smaller visit spikes on Turkey Wednesday, many budget brands are steadily growing their pre-holiday audiences. 

Grocery Outlet Bargain Market and Aldi saw foot traffic rise by 13.5% and 11.2%, respectively, on November 27th, 2024 compared to last year’s Turkey Wednesday. (Both chains also saw substantial increases in the average number of visits to each of their individual locations – 9.7% and 8.4%, respectively – proving that the increase isn’t solely a result of fleet expansion.) Meanwhile, traditional grocery leaders like H-E-B, Kroger’s Ralphs, Ahold Delhaize’s Hannaford, and Albertsons’ Jewel Osco, also recorded year-over-year (YoY) foot traffic gains, highlighting robust performance across much of the sector.

Value and Specialty Grocery Chains Lead Turkey Wednesday YoY Visit Growth

No Time to Go Cold Turkey

Groceries are a crucial part of the Thanksgiving holiday – but liquor, it seems, may be even more indispensable. On November 27th, 2024, visits to liquor stores surged even higher than visits to grocery stores – generating a remarkable 186.4% visit spike, as consumers stocked up on spirits to ease the mood at stressful family gatherings or to show gratitude to hard-working hosts. Like for grocery stores, Turkey Wednesday was liquor stores’ busiest day of the year so far – though if last year is any indication, the run-up to Christmas will likely generate even more impressive traffic bumps. 

Liquor stores see a large increase in traffic, +186.4% compared to the YTD average

Plenty of Gratitude to Go Around

Turkey Wednesday 2024 reaffirmed the key role played by traditional grocery stores in the run-up to Thanksgiving. And though supermarkets and liquor stores stole the spotlight, superstores and discount & dollar stores also experienced significant visit upticks – and value chains are steadily growing their pre-holiday audiences. How will these categories continue to fare throughout the rest of the holiday season? 

Follow Placer.ai’s data-driven retail analysis to find out. 

Article
Starbucks’ Red Cup Day Makes a Comeback 
Visits to Starbucks usually spike on its annual Red Cup Day, as patrons flock to the chain to order a specialty holiday beverage and receive a complimentary reusable red cup. How successful was the promotion in 2024? We took a look at the data to find out.
Shira Petrack
Nov 27, 2024
3 minutes

Visits to Starbucks usually spike on its annual Red Cup Day, as patrons flock to the chain to order a specialty holiday beverage and receive a complimentary reusable red cup. But last year, the chain’s Red Cup Day performance was relatively muted – although foot traffic still got a boost, the jump was not quite as significant as in previous years. Was the promotion more effective in 2024? We dove into the data to find out. 

Red Cup Day Drove a Higher Visit Spike in 2024 relative to 2022 & 2023 

Starbucks’ Red Cup Day came roaring back in 2024, with Thursday, November 14th – the day of the promotion – receiving 42.4% more visits than the recent Thursday daily visit average. And Red Cup Day didn’t just drive visits relative to a regular weekday – the promotion brought a 9.4% lift in overall weekly visits to Starbucks during the week of the event. 

The relative visit bump was significantly higher than on Red Cup Day 2023 – when visits on Thursday, November 16th 2023 were only 25.0% higher than the previous five Thursday averages – and even outshined the already strong performance of Red Cup Day 2022. 

Daily & Weekly Visit Bump Around Red Cup Day, 2022 to 2024

Red Cup Day Lift More Significant Than PSL Launch 

As usual, Red Cup Day at Starbucks drove a larger visit spike than the launch of the chain’s popular Pumpkin Spice Latte (PSL): During the week of the PSL launch, visits rose 9.7% compared to the first week of H2 (July 1st-7th 2024), while Red Cup Day drove a 12.9% foot traffic bump relative to that same baseline. 

Nevertheless, the recent data also indicates that the PSL remains a seasonal fan favorite – Starbucks received more weekly visits on the PSL’s arrival week than it did when it launched the holiday menu, when visits increased 6.7% relative to the beginning of H2. 

Change in Weekly Visits to Starbucks Since the First Week of H2 2024 (July 1-7 2024) shows Red Cup Day Drives Larger Visit Spike than PSL Launch

Starbucks’ Wins Consumers Back by Owning the Calendar  

This year’s Red Cup Day followed several weeks of year-over-year (YoY) visit dips at Starbucks, with weekly foot traffic between September 2nd and November 10th 2024 down an average of 4.4% YoY. But the success of the promotion – which drove YoY visit growth for the first time since August – showcases Starbucks’ expertise at driving visits by owning the calendar. 

The chain has succeeded in establishing a yearly buzz around its branded cups that drive visits during what would otherwise be an off-season for the chain. And even this year, when consumers seem to be tightening their purse strings and cutting down on discretionary spending ahead of the holidays, Red Cup Day still managed to drive patrons to Starbucks stores in search of holiday beverages and free swag. 

Red cup day drives weekly visit growth to Starbucks

How will Starbucks perform throughout the end of 2024? 

Visit placer.ai to find out. 

Article
Eatertainment in Q3 2024: Dave & Buster’s and Chuck E. Cheese
How did leading eatertainment chains Dave & Buster’s and Chuck E. Cheese perform in Q3 2024? We dove into the data to find out. 
Lila Margalit
Nov 26, 2024
5 minutes

How did leading eatertainment chains Dave & Buster’s and Chuck E. Cheese perform in Q3 2024? We dove into the data to find out. 

Dave & Buster’s Sees Lower But More Extended Summer Visit Peak

Since January 2024, Dave & Buster’s has enjoyed mainly positive YoY visit growth, fueled in part by the eatertainment leader’s continued expansion. In Q2 and Q3 2024, visits to the chain were up 3.2% and 7.3%, respectively. And though YoY foot traffic to the chain slowed down in Q3 2024, a look at Dave & Buster’s monthly visit patterns shows that this may have been due in part to a summer visit peak that was slightly lower – but more extended – than that seen last year. 

In 2023, Dave & Buster’s experienced three distinct visit spikes – in March, July, and December – with the restaurant’s 14.6% July visit boost (compared to a monthly average for Jan. ‘23 - Oct. ‘24) preceded by a relatively quiet June (+2.0%). But this year, summer foot traffic began to trend upwards earlier, with both June and July seeing substantial upticks – 13.6% and 13.4%, respectively. (June is in Q2 and so this part of the uptick would not have been included in Q3 foot traffic numbers). And though September, usually a down period for Dave & Buster’s, saw a modest drop in visitors compared to 2023, the chain’s March peak was higher than last year’s.

YoY growth for Dave & Busters remained flat in Q3 and saw a summer visit boost

Weekday Visits on an Upswing

Digging even deeper into the data shows that even as YoY quarterly visits to Dave & Buster’s remained flat in Q3 2024, mid-week visits to the chain continued to climb. Dave & Buster’s has been investing heavily in mid-week promotions meant to drive traffic during quieter periods, and its efforts are clearly paying off. On Wednesdays, Dave & Buster’s offers a 50% discount on games – and the average number of Wednesday visits to the chain were up 7.0% YoY. Thursdays, too, saw an 11.3% YoY foot traffic increase, likely fueled by diners drawn to Thursday specials as the most intensive part of the work week wound down. (In Q3 2024, July 4th fell on a Thursday, which also generated a significant visit bump – but even when discounting the week of the holiday, Thursday visits were up 6.4% on average.)

Against the backdrop of solid seasonal peaks and impressive mid-week visitation trends, Dave & Buster’s appears poised to enjoy a robust December – another important seasonal milestone for the restaurant. And keep an eye out for the week after Christmas, traditionally Dave & Buster’s busiest week of the year: Last year, the week starting December 25th drove a 65.0% visit spike to the chain compared to a 2023 weekly average.

Average YoY growth per weekday for Q3 2024 shows a rise in midweek visits

Summer Success at Chuck E. Cheese 

Speaking of promotions – Chuck E. Cheese is another eatertainment leader that has been finding success by leaning into special deals, making it easier for price-conscious consumers to treat their kids to pizza and fun. 

Following a lackluster start to the year, YoY visits to Chuck E. Cheese began trending upwards in May 2024 and have remained elevated ever since. Between June and August 2024, foot traffic to Chuck E. Cheese was up between 20.1% and 26.8% compared to the equivalent period of 2023. And though the pace of visit growth began to taper in September as kids went back to school, visits remained substantially higher than last year.  

Chuck E. Cheese YoY growth shows an upswing since May 2024

Chuck it Up to Loyalty

What’s behind Chuck E. Cheese’s summer flourishing? A look at shifts in loyalty trends at the chain suggests that the success of this year’s Summer Fun Pass may be a big part of the story. 

On average, the share of loyal visitors to Chuck E. Cheese – i.e. those frequenting the restaurant at least twice in a month – tends to range between five and seven percent. Last summer, this percentage increased to 8.1%, as parents sought out indoor activities to keep kids occupied when school was out. But this year’s summer loyalty spike – just over 12.0% in both June and July – was significantly higher. 

Though Chuck E. Cheese also offered a Summer Fun Pass last year, this year’s deal provided even greater value – including unlimited visits over a two-month period, steep discounts on food, and up to 250 games per day. And the promotion was such a smashing success that Chuck E. Cheese has launched a new unlimited-visit pass meant to make frequent trips to the chain more affordable for families all year round. As the kids’ eatertainment leader continues to revamp its offerings – remodeling locations and adding new activities like indoor trampolines – Chuck E. Cheese appears poised to keep drawing the crowds.

Chuck E. Cheese summer success driven by an increase in loyal visitors

Winning With Fun

Today’s cautious consumers are always on the lookout for ways to save – and eatertainment chains are paying attention. Will Dave & Buster’s post-Christmas visit spike outperform last year’s? And will Chuck E. Cheese’s new unlimited play model continue to drive traffic throughout Q4? 

Follow Placer.ai’s data driven analyses to find out. 

Reports
INSIDER
The Rising Stars: Six Metro Areas Welcoming Young Professionals
Find out which metro areas are seeing positive net migration and discover what might be drawing newcomers to these cities.
September 23, 2024
3 minutes

The COVID-19 pandemic – and the subsequent shift to remote work – has fundamentally redefined where and how people live and work, creating new opportunities for smaller cities to thrive. 

But where are relocators going in 2024 – and what are they looking for? This post dives into the data for several CBSAs with populations ranging from 500K to 2.5 million that have seen positive net domestic migration over the past several years – where population inflow outpaces outflow. Who is moving to these hubs, and what is drawing them? 

CBSAs on the Rise

The past few years have seen a shift in where people are moving. While major metropolitan areas like New York still attract newcomers, smaller cities, which offer a balance of affordability, livability, and career opportunities, are becoming attractive alternatives for those looking to relocate. 

Between July 2020 and July 2024, for example, the Austin-Round Rock-Georgetown, TX CBSA, saw net domestic migration of 3.6% – not surprising, given the city of Austin’s ranking among U.S. News and World Report’s top places to live in 2024-5. Raleigh-Cary, NC, which also made the list, experienced net population inflow of 2.6%. And other metro areas, including Fayetteville-Springdale-Rogers, AR (3.3%), Des Moines-West Des Moines, IA (1.4%), Oklahoma City, OK (1.1%), and Madison, WI (0.6%) have seen more domestic relocators moving in than out over the past four years.

All of these CBSAs have also continued to see positive net migration over the past 12 months – highlighting their continued appeal into 2024.

Younger and Hungrier

What is driving domestic migration to these hubs? While these metropolitan areas span various regions of the country, they share a common characteristic: They all attract residents coming, on average, from CBSAs with younger and less affluent populations. 

Between July 2020 and July 2024, for example, relocators to high-income Raleigh, NC – where the median household income (HHI) stands at $84K – tended to hail from CBSAs with a significantly lower weighted median HHI ($66.9K). Similarly, those moving to Austin, TX – where the median HHI is $85.4K – tended to come from regions with a median HHI of $69.9K. This pattern suggests that these cities offer newcomers an aspirational leap in both career and financial prospects.

Moreover, most of these CBSAs are drawing residents with a younger weighted median age than that of their existing residents, reinforcing their appeal as destinations for those still establishing and growing their careers. Des Moines and Oklahoma City, in particular, saw the largest gaps between the median age of newcomers and that of the existing population.

Housing and Jobs: Upgrading and Improving

Career opportunities and affordable housing are major drivers of migration, and data from Niche’s Neighborhood Grades suggests that these CBSAs attract newcomers due to their strong performance in both areas. All of the analyzed CBSAs had better "Jobs" and "Housing" grades compared to the regions from which people migrated. For example, Austin, Texas received the highest "Jobs" rating with an A-, while most new arrivals came from areas where the "Jobs" grade was a B. 

While the other analyzed CBSAs showed smaller improvements in job ratings, the combination of improvements in both “Jobs” and “Housing” make them appealing destinations for those seeking better economic opportunities and affordability.

Final Grades

Young professionals may be more open than ever to living in smaller metro areas, offering opportunities for cities like Austin and Raleigh to thrive. And the demographic analysis of newcomers to these CBSAs underscores their appeal to individuals seeking job opportunities and upward mobility. 

Will these CBSAs continue to attract newcomers and cement their status as vibrant, opportunity-rich hubs for young professionals? And how will this new mix of population impact these growing markets?

Visit Placer.ai to keep up with the latest data-driven civic news. 

INSIDER
Redefining Retail Spaces: Lessons from the C-Store Category
Dive into the data to see how convenience stores are redefining retail spaces.
September 16, 2024
5 minutes

Convenience stores, or c-stores, have been one of the more exciting retail categories to watch over the past few years. The segment has undergone significant shifts, embracing more diverse offerings like fresh food and expanded dining options, while also exploring new markets and adapting to changing consumer needs. We looked at the recent foot traffic data to see what this category's successes reveal about the current state of brick-and-mortar retail.

Seasonal Stops Along The Way

Convenience stores are increasingly viewed not only as places to fuel up, but as affordable destinations for quick meals, snacks, and other necessities. And analyzing monthly visits to the category shows that it is continuing to benefit from its positioning as a stop for food, fuel, and in some cases, tourism. 

Despite lapping a strong H1 2023, visits to the category either exceeded last year’s levels or held steady during all but one of the first eight months of 2024 – highlighting the segment’s ongoing strength. Only in January 2024 did C-stores see a slight YoY dip, likely reflecting a weather-induced exaggeration of the segment’s normal seasonality. 

Indeed, examining monthly fluctuations in visits to c-stores (compared to a January 2021 baseline) shows that foot traffic to the category tends to peak in summer months – perhaps driven by summer road trips and vacations – and slow down significantly in winter. Given summer’s importance for convenience stores, the category’s August YoY visit bump is a particularly promising indication of c-stores’ robust positioning this year.  

Regional Chains Expanding Their Reach

While some C-store chains, like 7-Eleven, have a nationwide presence, others are concentrated in specific areas of the country. But as the popularity of C-stores continues to grow, regional chains like Wawa, Buc-ee’s, and Sheetz are expanding into new territories, broadening their reach.

Wawa, a beloved brand with roots in Pennsylvania, has become synonymous with its fresh sandwiches, coffee, and a highly loyal customer base. Wawa has been a major player in the c-store space in recent years, with a revamped menu driving ever-stronger foot traffic to its Mid-Atlantic region stores. Between January and August 2024, YoY visits to the chain were mostly elevated. And the chain is now venturing into states like Florida – where its store count has grown significantly over the past few years – as well as Georgia and Alabama. 

Meanwhile, Texas favorite Buc-ee’s, though known for its enormous stores and mind boggling array of dining options, has a relatively small footprint – but that might be changing. The chain, which also outpaced its already-strong 2023 performance this year, is opening locations in Arkansas and North Carolina, further building on its reputation as a destination for travelers. And Sheetz, another regional chain with a strong presence in Pennsylvania, is also expanding, with plans to open locations in Southern states like North Carolina and Tennessee.

Taking the Pulse of Statewide Dwell Times

This trend toward regional expansion offers significant opportunities for growth, not only by increasing store count, but also by reaching new consumer bases and target audiences. Customer behavior differs between markets – and by expanding into new areas, c-stores can tap into unique local visitation patterns.  

One metric that highlights local differences in consumer behavior is dwell time, or the amount of time a customer spends inside a convenience store per visit. In some regions, visitors tend to move in and out quickly, while in others, customers linger for longer periods of time.

Analyzing convenience store dwell times by state highlights substantial differences in visitor behavior. During the first eight months of 2024, coastal states (with the exception of Oregon) tended to see shorter average dwell times (between 7.5 and 11.8 minutes). On the other hand, in states like Wyoming, Montana, and North Dakota, average dwell times ranged between 21.2 and 28.2 minutes. 

Interestingly, the states with the longest dwell times also have some of the highest percentages of truck traffic on interstate highways – suggesting that these longer stops are perhaps made by long-haul truckers looking for a place to shower, relax, and grab a bite to eat. 

Limited-Time Options

Even as regional favorites expand their reach, nationwide classic 7-Eleven is taking steps to further cement its growing role as a prime grab-and-go food and beverage destination. And like other dining destinations, the chain relies on limited-time offers (LTOs) to fuel excitement – and visits. 

One of the most iconic, and beloved c-store LTOs is 7-Eleven’s Slurpee Day, which falls each year on July 11th. The event, during which all 7-Eleven locations hand out free slurpees, tends to drive significant upticks in foot traffic – and this year was no exception. Visits to the convenience store jumped by a whopping 127.3% on July 11th, 2024 relative to the YTD daily visit average – proving that good deals will bring customers in the door.

A Strong Year for Convenience Stores

The convenience store sector continues building on the impressive growth seen in 2023. As many chains double down on expanding both their regional presence and their offerings, will they continue to drive growth in the coming years?

Visit Placer.ai to keep up with the latest data-driven convenience store updates. 

INSIDER
The Healthcare Opportunity in Grocery
As healthcare continues to evolve, nontraditional providers like grocery stores are cementing their roles as key players in the space. How do wellness offerings impact grocery store visitation patterns? We dove into the data to find out.
September 12, 2024
7 minutes

Uncovering the Healthcare Opportunity in Grocery

Grocery chains in the United States are increasingly investing in on-site healthcare clinics, transforming their stores into hubs for both food and wellness. While grocery stores have long featured pharmacies and some basic healthcare services like vaccinations, recent years have seen a shift towards more extensive healthcare offerings. 

Today, many grocery stores offer a range of services – from primary and urgent care to dental and mental health care. In addition to providing an important community service, grocery-anchored healthcare clinics can boost foot traffic at chains, help health providers reach more patients, and allow shoppers to manage their health and home needs in one convenient trip. 

This white paper examines the impact these in-store clinics have on grocery chain visitation patterns and trade area characteristics. Are shoppers more or less likely to make repeat visits to grocery stores with healthcare services? And how does the addition of a clinic affect the demographic profile of a grocery store’s captured market? The report examines these questions and more, offering insights for stakeholders across the grocery and healthcare industries.

Health Clinics Lead to Healthy Foot Traffic Boosts

Analyzing foot traffic to grocery stores with and without in-store clinics shows the positive impact of these services: Across chains, locations with on-site healthcare offerings drew more visits in H1 2024 than their chain-wide averages.

The Kroger Co., which operates numerous regional banners as well as its own eponymous chain, has been a leader in in-store healthcare services since the early aughts. The company introduced its in-store medical center, The Little Clinic in 2003 – and today operates over 225 Little Clinic locations across its Kroger banner, as well as regional chains Dillons, Jay C Food Stores, Fry’s, and King Soopers.

And in H1 2024, the eight Dillons locations with clinics saw, on average, 93.0% more visits per location than the chain’s banner-wide average. Jay C, which offers two in-store clinics, also saw visits to these venues outpace the H1 2024 banner-wide average by 92.9%. For both chains, relatively small overall footprints may contribute to their outsize visit differences: Indiana-focused Jay C operates just 22 locations, all in the Hoosier State, while Kansas-based Dillons has some 64 locations.  

But similar patterns, if somewhat less pronounced, could be observed at Kroger (43.0%), Fry’s (19.2%), and King Soopers (16.5%) – as well as at H-E-B (14.5%), which boasts its own expanding network of in-store clinics. 

The Doctor is in (Higher HHI Areas)

Analyzing the trade areas of grocery stores with healthcare clinics shows that these services tend to draw more affluent visitors from within the stores’ trade areas. 

For some chains, including King Soopers, H-E-B, and Jay C, the clinics are positioned to begin with in areas serving higher-income communities. The median household income (HHI) of King Soopers’ in-store clinic’s potential markets, for example, came in at $92.3K in H1 2024 – significantly above the chain’s overall potential market median HHI of $88.1K. Similarly, the potential markets of H-E-B and Jay C Food Stores with clinics had higher median HHIs than the chains’ overall averages.  

And for all three chains, stores with clinics tended to attract visitors from captured markets with even higher median HHIs – showing that within these affluent communities, it is the more well-to-do customers that tend to frequent these venues. (A chain or store’s potential market is obtained by weighting each CBG in its trade area according to the size of the population – thus reflecting the general composition of the community it serves. A chain or store’s captured market, on the other hand, is obtained by weighting each CBG according to its share of visits to the business in question – and thus represents the population that actually visits it in practice.)

Other brands, including Fry’s, Kroger, and Dillons, have positioned clinics in stores with potential market median HHIs slightly below chain-wide averages. But within these markets, too, it is the more affluent consumers that are visiting these stores, pushing up the median HHI of their captured markets. 

These patterns highlight that, for now, grocery store clinics tend to attract consumers on the upper ends of local income spectrums. This information can be utilized by healthcare professionals and grocery store owners to pinpoint neighborhoods that may be open to grocery-anchored clinics, or to take steps to increase penetration in other areas. 

Kroger’s In-Store Clinics Offer Community Blueprint 

Supermarket giant Kroger is a major player in the world of grocery-anchored healthcare, offering visitors access to pharmacies, clinics, and telehealth options via its grocery stores. What impact has the company’s embrace of healthcare had on visits and loyalty? 

Convenience for All: Clinics Draw Families

An analysis of household compositions across the potential and captured markets of Kroger-owned stores with and without Little Clinic offerings suggests that families with children are extremely receptive to these services. 

In H1 2024, Kroger, King Soopers, Fry’s, Jay C, and Dillons all featured captured markets with higher shares of STI: PopStats’ “Households With Children” segment than their potential ones – highlighting the chains’ appeal for families. But the share of parental households in those stores with Little Clinics jumped significantly higher for all five banners. 

The share of families with children in King Soopers’ overall captured market stood at 28.3% in H1 2024, higher than the 27.2% in its potential one. But the households with children in the captured markets of King Soopers locations with Little Clinics was significantly higher – 30.6% – and similar patterns emerged at Jay C, Dillons, Kroger, and Fry’s. 

This special draw is likely linked to the clinics' focus on family health services like physicals, nutrition plans, and vaccines. The convenience of being able to take care of healthcare, grocery shopping, and pharmacy needs all in one go makes these stores particularly attractive to parents. And this jump in foot traffic shows the strategic advantage of incorporating healthcare services into the retail environment.

Wellness Options, Loyal Shoppers

Providing essential healthcare services at the supermarket can establish a grocery chain as a crucial part of a shopper's daily life, enhancing visitor loyalty, and helping nurture long-term customer relationships. Indeed, in-store clinics offer a unique opportunity for grocery providers to connect with customers on a level that extends beyond the transactional.

An analysis of several Kroger-branded locations in the Cincinnati metro area showcases the profound impact in-store clinics can have on customer loyalty. In H1 2024, stores with Little Clinics had significantly higher shares of repeat visitors – defined as those making six or more stops at the store during the analyzed period – than those without. 

For instance, 36.4% of visitors to a Kroger Marketplace store with an in-store clinic in Harrison, Ohio, frequented the location at least six times during the first half of 2024. But over the same period, only 29.0% of visitors stopped by at least six times to a nearby Kroger location in Cleves, Ohio – just ten miles away. Similarly, 30.7% of visitors to the Beechmont Ave. Kroger Food & Drug location with a clinic visited at least six times in H1 2024, compared to 23.0% for the nearby Ohio Pike Kroger store.

This trend was consistent across the analyzed locations, with those offering in-store clinics attracting significantly higher shares of loyal visitors. These metrics support the value of offering additional services as a draw for frequent visitors, while also providing the clinics themselves with the visitor volume needed to operate profitably.  

Texas Strong: H-E-B’s Wellness Mission

Texan grocery chain H-E-B is beloved across the state – and though the chain isn’t new to the healthcare scene, it has been doubling down on wellness. In 2022, H-E-B launched H-E-B Wellness, a healthcare platform that offers patrons a variety of medical services, including – as of today –  some 12 primary care clinics, many of them inside stores. 

Community Care at H-E-B

H-E-B stores with primary care clinics are helping to cement the grocer’s role as a convenient one-stop for local residents – allowing them to drop in to a nearby location for both daily grocery needs and wellness care. 

H-E-B has always placed a premium on community, stepping up to help local residents in times of need. And though the chain as a whole draws an overwhelming majority of its visitors from nearby areas, those with clinics do so even more effectively. In H1 2024, some 83.6% of visitors to H-E-B came from less than 10 miles away. But for locations with primary care clinics, this share increased to 88.0%. 

This suggests that wellness services are particularly appealing to nearby residents, strengthening H-E-B’s connection with local consumers even further. And for a grocery store centered on community engagement, the integration of health services into its offerings is proving to be a winning strategy.

Wellness Wins Over Middle-Class Visitors

H-E-B has been steadily expanding its primary care offerings since it launched the Wellness concept, adding two primary clinics at locations in Cypress, TX and Katy, TX in June 2023. Following the opening of these clinics – which operate Mondays through Fridays – both locations saw marked increases in the share of “Urban Cliff Dwellers” in their weekday captured markets. This STI: Landscape segment group encompasses families both with and without children, earning modest incomes and enjoying middle-class pleasantries.  

Between June 2022 - May 2023, the share of “Urban Cliff Dwellers” in the weekday captured markets of the Cypress and Katy locations stood at 9.5% and 7.2%, respectively. But once the stores had clinics in place, those numbers jumped to 12.4% and 11.0%, respectively. 

This increase in the stores’ reach among “Urban Cliff Dwellers” immediately following the clinics’ openings suggests that in addition to more affluent consumers, middle-class families also harbor considerable interest in these services. As more retailers continue making inroads into the healthcare sector, they may find similar success in attracting diverse groups of convenience-seeking shoppers.

Grocery and Health Care: A Winning Combination

As grocery stores lean into healthcare, they are transforming into multifaceted hubs that offer both essential health services and everyday shopping needs. Retailers like Kroger and H-E-B are reaping the benefits of boosted foot traffic, higher-income visitors, and strengthened community ties – while offering their shoppers convenience that helps streamline their daily routines.  

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