(3 March 2021) COVID-19 prompted consumers to change their buying habits in 2020, shifting towards more online purchases. E-commerce lost some momentum by the end of the year, with online holiday spending declining on a seasonally-adjusted basis. However, data provided by Viscacha, showcasing holiday spending at Target, the eighth-largest retailer in the United States, demonstrates that online sales still outperformed in-store sales during the holiday season. The Viscacha data also shows a significant difference in the distribution between online and in-store sales for different product categories.
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(1 April 2021) McDonald's and Starbucks are two of the most popular fast-food chains in the United States. California and Texas are the largest markets for both franchises in terms of the number of stores. This is not surprising, since these are the two most populous US states. But looking at the actual number of visits to these two brands — as tracked by Tamoco in August and September last year— gives slightly a different picture: California was in 12th place among all states by the number of visits to McDonald's, and in 5th place in trips to Starbucks.At the same time, Florida...
(4 March 2021) The November 2020 through February 2021 period featured in the heat map below highlights the vulnerability of specific sectors to COVID-19 economic dynamics. Airlines, department stores, live events, and cruise lines have each been uniquely affected by restrictions on social activity, travel, and operations and have decelerated compared to the average baseline. Select another country from the dropdown menu below to examine other regions of interest. Or, click on a sector and scroll down to view its normalized Principal Component Analysis Index performance over...
Electronic commerce, aka e-commerce, was introduced more than 50 years ago to share financial or business documents from one company to another. Today, with the spread of the Internet and retail giants such as eBay and Amazon, online shopping is probably what comes to mind for most people when they hear e-commerce mentioned. According to the US Census Bureau, e-commerce retail sales in 2000 were valued at $27.6 billion. By 2016, e-commerce retail sales grew by more than 1,300 percent to over $390 billion. Census Bureau is one of many agencies now actively tracking e-commerce...
(29 March 2021) Today Starbucks is the largest coffeehouse company in the world, with 32,938 retail locations as of the first quarter of 2021, followed distantly by coffee shop chains such as Dunkin Donuts with about 10,000 restaurants, Tim Hortons with 4,300 outlets, and Costa Coffee with nearly 1,700 stores worldwide. Starbucks was founded in 1971 in Seattle, Washington, and incorporated on November 4, 1985, to become the publicly traded Starbucks Corporation.Based on the company's positive, sustained operating results, it is ranked among Forbes' Top-500 world's biggest public...
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