Walmart and Target have been two of the more significant retailers to track during the pandemic because of their essential retail status. While both saw significant year-over-year growth from 2018 to 2019 in Q1, that visit growth turned to a decline in 2020 as a result of the pandemic. Yet, the picture is far more complex than a simple decline.
Breakfast was all the rage pre-COVID-19 with several brands looking to get more involved. But, how has the pandemic impacted these pushes?
With the pandemic leaving a massive impact on the retail sector, much of the discussion has rightfully centered around the huge impact on sales and performance. Yet, coronavirus has affected the way consumers shop as well, and this could potentially last far longer.
One sector that could be very well positioned for a coronavirus comeback is the Off-Price retail space. Although the current situation puts these retailers in a compromising position, if pre-corona performance is any indication as to how these retailers will bounce back after the economy re-opens, these brands can quite possibly come out the other side with a positive outlook.
In this Placer Bytes, we dive into tight battles in the Home Improvement sector and the potential for a true challenger to Costco’s dominance.
Several states have begun reopening their economies and the wider retail ecosystem has been watching closely. While early returns have been mixed in states like Georgia, signs are beginning to appear that could give a strong indication of what path retail’s recovery could take.
With the rise of social distancing and stay-at-home regulations came an increased focus on work from home. And this process may have given a second wind to brands like Office Depot and Staples. Analyzing traffic since the start of 2019, shows two clear trends.
With earnings coming for Starbucks (SBUX), Restaurant Brands International (QSR), and Yum Brands (YUM), we dove into their Q1 data to see how they were performing pre-coronavirus and analyze the impact on their overall offline health.
Walmart and Target are dominant forces in the retail sector that seem to only grow stronger over time. Popeyes is a brand that reached new heights in QSR in 2019, and has maintained that strength well into 2020.
We dove into the dollar store category to see how it has been affected, and what its pre-pandemic performance indicates about the potential for a resurgence.