Thanks for Visiting!

Register for free to get the full story.

Sign Up
Already have a Placer.ai account? Log In

Announcing Placer.ai’s Q3 2022 Quarterly Index

by 
Shira Petrack
 on 
October 19, 2022
Announcing Placer.ai’s Q3 2022 Quarterly Index

Our latest white paper, the Q3 2022 Quarterly Index, looks at foot traffic patterns across key retail, dining, and service categories in Q3 2022. For each sector, we broke down weekly foot traffic data over the past quarter and identified several foot traffic leaders that represent the continued resilience of brick-and-mortar businesses over the past quarter. Below is a taste of our findings. For the full report, read the white paper. 

Q3 2022 Quarterly Overview 

Offline Fitness and Discount stores continued to thrive in Q3 2022, while visits to the Grocery, Superstore, and QSR sectors held relatively steady. Mall foot traffic saw a slight downturn, but full-service restaurants bore the brunt of tighter consumer budgets.   

Offline Fitness has been on an impressive growth streak this year after making a full recovery in Q1 2022. The category remained strong in Q2 and the trend continued throughout Q3 2022, with visits up 16.6% relative to Q3 2019 and up 25.6% relative to Q3 2021. Discount and dollar stores also saw their foot traffic up by double digits relative to Q3 2019 and up 0.8% relative to a strong Q3 2021

Grocery, Superstore, and QSR foot traffic remained more or less on par with previous years. Grocery and Superstore visits fell 3.9% and 2.9% year-over-year (YoY), respectively, but the categories saw a 3.0% and 2.6% increase in visits relative to Q2 2019 – indicating that both segments may still be enjoying a long-term pandemic-driven boost. QSR visits fell 3.6% year-over-three-years (Yo3Y), perhaps due to the numerous permanent branch closures of 2020 and early 2021. Still, visits stayed within 0.1% of Q3 2021 levels, indicating that the category has stabilized post-COVID – an impressive achievement considering the economic uncertainty. 

Visits to indoor malls and open-air lifestyle centers are still lagging slightly behind their Q3 2019 levels, but foot traffic is only 1.6% lower than in Q3 2021, showcasing the resilience of the sector in times of economic stress. And restaurants, which bore the brunt of the COVID lockdowns, are now again feeling the impact of inflation, with visits down 12.4% Yo3Y and down 4.1% year-over-year (YoY).

For the full report, dive into Placer.ai’s Q3 2022 Quarterly Index and find out how the current inflation is impacting visit performance across the wider retail and services landscape ahead of the 2022 holiday shopping season. 

Get 3 brand & industry
breakdowns every week

Subscribe to the newsletter

Great! Prepare your inbox for data-driven insights...
Oops! Something went wrong while submitting the form.

Get a Demo

Please enter your first name
Please enter your last name
Please provide a valid email
Please enter your email
Please enter company name

Thanks for reaching out!

One of our experts will be in touch soon

Try Placer.ai Free
Oops! Something went wrong while submitting the form.
Text Link
Quarterly Index
Text Link
Brick-And-Mortar
Peeking Behind The Curtain: Movie Theaters in 2023 and Beyond
Diving Into Brick-and-Mortar Eyewear
Getting Into Gear: Exploring The Auto Part Industry
Recapping Valentine’s Day 2024 Foot Traffic Trends
Fitness: A Strong Start to 2024
Dutch Bros. Continues To Percolate Visits
Super Bowl 2024: Placer.ai’s Postgame Foot Traffic Analysis
CAVA & sweetgreen Are On the Rise
Hats Off For Off-Price
Who Is Shopping at Malls?
Drilling Down Into Home Improvement
Walmart, Target, Costco & Superstore Space 2023 Recap
Catching Up With Shake Shack and Wingstop
Something To Chew On: Demographic Shifts at Steakhouse Chains
Placer.ai Office Index: Looking Back at 2023
Recapping RBI & Yum! Brands’ 2023 Foot Traffic Performance
Placer.ai White Paper Recap – January 2024
Who Shops at Anthropologie and Urban Outfitters?
Three Taco Chains to Watch in 2024
Starbucks and Dunkin’: 2023 in Four Data Points
Who Visits CVS and Walgreens?
Fashionably Frugal: Apparel in 2023
Catching Up With Fast Food
The Grocery Sector in 2023: An End-of-Year Recap
3 Mall & Shopping Center Trends for 2024
Bakery Chains Rising To The Top
Placer.ai and Esri Partner to Deliver Geospatial Analytics
Tampa Tourism Trends
Going For The Green: The Changing Dynamics Of Country Clubs
Christmas Day Dining Recap
Major Urban Shopping Districts – Holiday Season Recap
Placer.ai Office Index: December 2023 Recap
Recapping the 2023 Holiday Shopping Season
Placer.ai White Paper Recap – December 2023
7 Retail & Dining Segments to Watch in 2024
Diving Into Holiday Season Favorites
Super Saturday and Christmas Eve Eve: A Winning Combination
3 Budget Grocery Chains Finishing 2023 On a High Note
Making It In America: International Chicken Chains Bring The Heat
Domestic Tourism at a Glance: A Q3 2023 Roundup
Five Pizza Chains On The Rise
Jewelry Brands Taking Advantage of the DTC Opportunity
Secondhand News: Kids' Thrift Shops
Recapping 2023’s Dining M&As
MetLife Stadium Kicks Off Football Season
Placer.ai Office Index: November 2023 Recap
Small Coffee Chains Brewing Big Success
Placer.ai White Paper Recap – November 2023
Thanksgiving Travel 2023 Recap
Checking in With Nike and Lululemon
Black Friday 2023 Retail Recap
Starbucks’ 2023 Holiday Menu & Red Cup Day Performance
Turkey Wednesday 2023
Who Attended the 2023 Pickleball Championship? 
Three Surprising Holiday Shopping Trends
What’s in Store for Ulta Beauty This Holiday Season?
Best Buy and Department Stores: A Holiday Deep Dive
Discount & Dollar Stores: Strength Toward The End of the Year
The State of Off-Price Retail: Discounts Seal The Deal
Placer Mall Index Recap: October 2023
Placer.ai Office Index: October 2023 Recap
Retail Corridors Ahead of the 2023 Holiday Season
California, Here Gap Comes
Checking in With Home Improvement
Getting Into the Glasses Game: Warby Parker Takes Over
Fitness Positioned for a Strong 2023 Finish
White Paper Recap: October 2023
Coffee Giants Brewing Up Business
Popeyes and Burger King Lead the Way
Diving into Yum!
Looking Ahead to Black Friday 2023
Blockbusters Drive Movie Theater Comeback
Crocs and Boot Barn: Shoe-Ins for Success
McDonald’s and Chipotle's Winning Recipe
The State Of Steak: Checking in With Texas Roadhouse
Pleasant Pastimes: Pickleball Potential Proves Potent
Who’s Driving Downtown Manhattan’s Weekend Revival?
Diving into Downtown Manhattan Foot Traffic Trends
Rite Aid: Rightsizing Right
Major League Soccer: Its Die-Hard and Casual Fans
The Anchor Recap: September 2023
Placer.ai Office Index: September 2023 Recap
Placer Mall Index Recap: September 2023
September White Paper Recap
The Consumer Habits of College Students
JCPenney: Rightsizing and Revitalizing
Pent-Up Demand Ahead of October Sales Events
4 Strategies Retailers are Using to Drive Traffic to Their Venues
5 Key Regional Grocery Players Impressing in 2023
Upscale Kitchenware Trending Up
Costco Finds More Room for Growth
Four C-Store Chains Making an A-Grade
National Parks + Outdoor Summer Activities
Diving Into Darden: Summer 2023 Update
The Summer Event Effect
Messi: Massive in Miami
Looking Back on Back to School 2023
The Anchor Recap: August 2023
Placer.ai Office Index: August 2023 Recap
Placer.ai Mall Index: August 2023 Recap