Accelerated Analytics customers who sell into Home Depot once again outpaced results for year over year US comp sales. Home Depot reported a 5.4% increase in year over year US sales comps for the quarter, as part of 5.1% overall sales increase over Q3 2017. Accelerated Analytics customers grew an average of 5.9%, topping The... 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 »
The Home Depot announced it closed its acquisition deal of The Company Store, finalizing on December 19. While the acquisition does not include The Company Store’s five retail brick and mortar locations, it did include “product development and sourcing capabilities to help us expand our online décor business into broader categories across the entire home,”… 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 the December edition of 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.… Read more »
At its investor day last week, The Home Depot commented on their successful investment strategies over the past decade, and the results in sales growth that they attribute to those efforts. The retailer has invested 5% every year to its ecommerce platform and improving current stores versus opening new ones. This has resulted in more… 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 »
Luxury brands are constantly struggling with department stores’ need to markdown their merchandise, which hurts the prestige and high value of their brand. Over this Christmas season, brands such as Ralph Lauren, Michael Kors and Kate Spade are watching sales and inventory levels very closely each week. When possible, retailers are even monitoring daily, looking… Read more »
As retailers strive to create experiences for their customers in their brick and mortar stores, providing an eating outlet is becoming more and more the norm. The concept is not old: Macy’s opened its first restaurant inside a department store back in 1907. Nordstrom has cafes in all of its stores, and have now expanded… Read more »