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Amazon's California Grocery Store Off To Strong Start: Retail Data Firm
Tuesday, December 29, 2020 - 3:57pm | 391Read More...Retail giant Amazon.com, Inc. (NASDAQ: AMZN) opened its first Amazon Fresh grocery store in Woodland Hills, California in September, and it's off to a "very impressive" start, according to location analytics company Placer.ai. Strong Start: Amazon's California grocery store...
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How Shopping Malls Can Reinvent Themselves
Wednesday, December 16, 2020 - 8:00am | 655Read More...Despite the COVID-19 pandemic forcing millions of people to change their buying habits, traditional brick-and-mortar stores and shopping malls "are here to stay," Placer.ai said in a yet-to-be-published white paper. People Want To Do More Than Shop: Mall tenants realized prior to the...
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'Significant' Black Friday Foot Traffic Drop Needs Context, Retail Data Firm Says
Wednesday, December 2, 2020 - 3:06pm | 494Read More...Retailers suffered a "significant" drop in foot traffic on Black Friday, but this fact alone isn't enough to jump to any conclusions, according to Placer.ai. Black Friday Wasn't Supposed To Be Normal: Few, if any, investors and analysts were expecting 2020's Black Friday...
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Why The Starbucks Red Cup Day Was 'Shockingly Effective'
Friday, November 13, 2020 - 1:50pm | 312Read More...Coffee giant Starbucks Corporation (NASDAQ: SBUX) hosted its "Red Cup Day" on Nov. 6, and data analytics company Placer.ai said the promotion of giving a free, collectable holiday-themed cup is "shockingly effective" at driving traffic. 'Massive' Impact For...
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Making Sense Of McDonald's Q3 Results
Monday, November 9, 2020 - 3:57pm | 408Read More...Mcdonald's Corp (NYSE: MCD) reported Monday with third-quarter results that came in better than expected. Traffic Improvement For McDonald's: McDonald's saw its foot traffic fall 59.4% year-over-year in April, and it has steadily improved since then, location analytics company...
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Is Foot Traffic Growth Key To Inspire Brands' Interest In Dunkin'?
Monday, October 26, 2020 - 4:26pm | 393Read More...Dunkin Brands Group Inc (NASDAQ: DNKN) confirmed it is in talks to merge with Inspire Brands, and the coffee chain's rising foot traffic over the years may have contributed to the logic behind the M&A talk. Retail Data Firm: Says Dunkin' Has Consistent Growth Dunkin...
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Dunkin' Vs. Starbucks: Which Chain Won National Coffee Day?
Friday, October 9, 2020 - 2:41pm | 327Read More...The National Coffee Day celebration took place on Tuesday, Sept. 29, and the data suggests there's a winner between two of the biggest rivals in the space. Dunkin's 'Good Day': Coffee and donut chain Dunkin Brands Group Inc (NASDAQ: DNKN) saw its foot traffic increase 10...
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Analysis: Popeyes Chicken Sandwich Translates To Surge In Foot Traffic
Monday, November 18, 2019 - 2:35pm | 395Read More...Data compiled by Placer.ai, an advanced foot traffic analytics platform in Silicon Valley, shows that Restaurant Brands International Inc's (NYSE: QSR) Popeyes is seeing a notable boost in foot traffic after its chicken sandwich returned to the menu. Popeyes Posts Triple-Digit Traffic...
