September 25, 2017

How did Canadian Retail do in July?

Many Accelerated Analytics customers use our portal to get their Canadian retailers’ reporting, such as Nordstrom, Sephora, The Home Depot, Lowe’s and Canadian Tire. Canadian sales in July were mixed. The value of retail sales rose 0.4% to $39.82 billion (US dollars conversion). Year-over-year, nominal retail sales rose 7.8%. The retail segment (excluding auto) rose… Read more »

September 21, 2017

Accelerated Analytics Sponsored the 2017 HIRI Insights Conference in Chicago

Accelerated Analytics’ CEO, Chad Symens, and Director of Sales and Marketing, Jen Freyer, attended and sponsored the Home Improvement Research Institute event in Chicago this week. HIRI saw a record turnout of attendees at this 2-day event. Home and hardware vendors and retailers joined industry leaders to share insights into the current and future market… Read more »

September 14, 2017

Enhancing the DIY Brand-Retailer Connection: A View from Behind the Scenes

Enhancing the DIY Brand-Retailer Connection: A View from Behind the Scenes As the U.S. housing market continues to strengthen, consumers are buying houses and making them their dream homes through DIY improvements. And, when these consumers delve into painting, sanding, tiling and rewiring—perhaps as first time projects—they visit their local home improvement center, looking for… Read more »

September 13, 2017

How Home Depot Battles the Amazon Threat

The Home Depot’s record breaking Q2 results this year didn’t prevent investors from being worried about the “Amazon Effect”; they took 3% off of the retailer’s value out of fear that the effect could spread to all area’s of retail. Currently, The Home Depot hasn’t been as affected as other retailers, like fashion and department… Read more »

September 5, 2017

US Manufacturing Reaches a Six-Year High

The Institute for Supply Management announced on Friday that manufacturing in the US reached a six-year high, seeing activity rise to 58.8 on its index versus 56.3 in July. This is the highest the index has risen since April 2011. This number indicates strong global growth in manufacturing and increased consumer and business confidence in… Read more »

August 31, 2017

August Consumer Confidence Index at its Highest Since 2000

Consumer confidence rose to 122.9 in the August Conference Board’s Consumer Confidence Index, up from 120 in July. Consumers finding business conditions to be “good” increased 2%, to 34.5%. Consumers also assessed that the labor market was improved, rating jobs are “plentiful” at 35.4%. Those claiming jobs were “hard to get” decreased from 18.7% to… Read more »

August 28, 2017

Accelerated Analytics Customers Crush TY/LY Comps at The Home Depot

Accelerated Analytics customers who sell their products at The Home Depot saw their second quarter comp sales increase 11% over last year! That’s nearly double the results reported by The Home Depot when they recently released their second quarter results. In a blog post on August 15th, we shared The Home Depot’s Q2 results which… Read more »