Why Out-of-stocks, Data Mismatch, and Hidden Demand Still Catch Out Beauty Brands When beauty brands review retail performance, the picture often looks reassuring. Availability appears high. Sales reports feel complete. Forecasts are built on what was sold. But our conversations with brands working directly with Ulta and Sephora reveal a more complicated reality. One where... Read more »
The retail industry suffered job losses in 2017, ending December with a 20% decrease in jobs in the retail trade. There was a lot of job expansion in other industries, with huge growth in construction and hospitality, with retail and utilities being the only to drop. The trend of decreasing retail jobs is being attributed… Read more »
Lowe’s is gearing up for Spring, adding 53,000 full time, part time and seasonal employees to its current 250,000. Lowe’s offers its employees a lot of benefits, even to those who are seasonal or part time in most cases. They provide a 10% employee discount, competitive wages, flex hours and the ability to see their… Read more »
Senior VP of Store Operations at The Home Depot, Marc Brown, joined a panel at the NRF’s Big Show this month to talk about the importance of engaging younger shoppers and the different methods they are undertaking to make that customer connection. The younger generation is particularly devoted to shopping at retailers who try to… Read more »
With improved employment levels and the housing market booming above 2006 levels, home improvement retail stocks have continued to grow. The Home Depot has outpaced the S&P 500 in the last 6 months, growing 39.3% versus the home improvement retail’s gain of 37.7% and S&P 500’s increase of 13.7%. The company attributes their success to… Read more »
Huge growth in fragrance and beauty is the largest contributor to the travel retail market, with wines and spirits coming in second. The current travel retail market was valued at $69.5 billion in 2016, and is predicted to reach $125.1 billion by 2023. Within perfumes and cosmetics, Accelerated Analytics customers including Estee Lauder and L’Oreal… Read more »
As 2017 closed with high holiday sales results across online and brick and mortar retailers, predictions for 2018 and beyond are very positive. After years of news reports of store closings and retailer bankruptcies, 2017 had more store openings than closings and that pattern is expected to continue through 2021. A newly released study by… Read more »
With 15 years in the DIY sales and inventory reporting business, and over 50 years of retail experience, Accelerated Analytics offers “Power Packs” of reports expertly crafted for home and hardware brands. Our reports provide instant access to key performance indicators and measures that brands need to monitor results and drive business success at The… Read more »
Whether they sell lighting fixtures or lip gloss, our customers understand the power of leveraging retail POS data to gain valuable insights into their business. And while the go-to reports for a planning executive for a cosmetics company might be different from the reports that a hardware store field rep relies on each day, there… Read more »
With consumer confidence currently at a 17-year high (as reported in our Retail Industry Briefing Book) it makes sense that holiday retail sales in the U.S. rose at their best pace since 2011, according to Mastercard SpendingPulse, which tracks both online and in-store spending. Excluding automobiles, sales rose 4.9% from Nov. 1 through Christmas Eve,… Read more »
On the first day of Christmas, Accelerated gave to me, a portal with all my retail data! On the second day of Christmas Accelerated gave to me, 2 days free from spreadsheets, On the third day of Christmas Accelerated gave to me, 3 clicks to run reports, On the fourth day of Christmas Accelerated gave… Read more »
