website posts cover image (4)

Palomar Press Briefing | December 28, 2022

December 28, 2022 | Jessica Caron

 

 

 INDUSTRY NEWS

December 28, 2022

SUPER SATURDAY’S RETAIL WINNERS INCLUDE ULTA BEAUTY, DOLLAR STORES, AND OFF-PRICERS

Super Saturday was a boon for a small subset of retailers. That’s according to foot traffic analytics firm Placer.ai, which found that most retail segments and individual retailers saw visits drop year-over-year and compared to Super Saturday 2019.

THE TOP CUSTOMER PEEVES ABOUT HOLIDAY PROMOTIONS ARE…

According to a recent survey of 1,000 U.S. consumers from digital experience platform Optimizely, respondents cited holiday advertisements (46%) and holiday decorations (40%) starting too early as their biggest pet peeves.

SALESFORCE: ONLINE SALES TICK UP IN DECEMBER

According to new analysis from Salesforce, U.S. online sales grew 8% year-over-year (YoY) across the three weeks following Cyber Week 2022, with $97 billion in holiday orders placed. Since Nov. 1, Salesforce data indicates that U.S. digital sales are up 5% YoY, reaching $245 billion, while global sales are flat at $1.03 trillion.

MASTERCARD SPENDING PULSE: HOLIDAY SALES GREW 7.6%

U.S. retail sales (excluding automotive) increased 7.6% year-over-year this holiday season, according to preliminary insights from MasterCard Spending Pulse, which measures in-store and online retail sales across all forms of payment and is not adjusted for inflation.

ECONOMIST WHO PIONEERED USE OF CLOSELY FOLLOWED RECESSION TOOL SAYS IT MAY BE SENDING ‘FALSE SIGNAL’

For months, the bond market has flashed multiple warnings that a U.S. recession could be on the way, a view that many in financial markets have finally accepted. One of them is the 10-year minus 3-month Treasury yield spread, which has been below zero since late October.

FOR SALE

























UNDER CONTRACT









RECENTLY CLOSED













ALL PALOMAR DEALS


Twitter

Facebook

Instagram

LinkedIn

Website



Copyright © 2017 Palomar Group LLC, All rights reserved.

Our mailing address is:
206 Pitcarin Way
Suite A
Augusta, GA 30909

Want to change how you receive these emails?
You can update your preferences or unsubscribe from this list.

 

This email was sent to *|EMAIL|*

why did I get this?    unsubscribe from this list    update subscription preferences

*|LIST:ADDRESSLINE|*

 

Properties Currently Available