earnest research

Earnest Insights


Holiday Check-In: Lead up to Thanksgiving

  • Majority of observed department stores show positive YoY panel  sales growth for the first three weeks of November. Some things to note:

    • First half of November of 2016 was generally weak for retail

    • Out of the nine merchants, only Macy’s and J.C. Penney show negative in-store growth for 2017

    • Burlington, Ross and TJ Maxx have tougher upcoming comps for the five weeks between Thanksgiving and Christmas

  • Out of six observed grocers, only Trader Joe’s shows a material acceleration in panel sales growth leading up to Thanksgiving 2017 vs. 2016, followed by Whole Foods
     

  • Relative to Walmart, Amazon and Target, Best Buy holds its market share in the weeks leading up to Thanksgiving
Dates of Observation: November 2nd to November 22nd 2017 vs November 3rd to November 23rd 2016.
Note: We do not control for store openings/closures or acquisitions.

For more details about this analysis or our EarnestQuery product,

please schedule a demo or reach out to data@earnestresearch.com

© Copyright 2017 The Earnest Research Company. All Rights Reserved 
Earnest Research            290 Park Avenue South, 12th Fl, NY, NY 10010            info@earnestresearch.com

Department Stores:
YoY Panel Sales Growth for First Three Weeks of November
2016 vs 2017

YoY Panel Sales Growth for First Three Weeks of November 2017
Dates of Observation: November 2nd to November 22nd 2017 vs November 3rd to November 23rd 2016.
Note: We do not control for store openings/closures or acquisitions.
Upcoming Comps for Five Weeks between Thanksgiving and Christmas
Dates of Observation: November 24th to December 28th 2016 vs November 26th to December 30th 2015.
Grocers:
YoY Panel Sales Growth for Three Weeks before Thanksgiving
Dates of Observation: November 2nd to November 22nd 2017 vs November 3rd to November 23rd 2016.
Note: We do not control for store openings/closures or acquisitions.
Market Share (% of sales) for First Three Weeks of November
Dates of Observation: November 2nd to November 22nd 2017.
Note: We do not control for store openings/closures or acquisitions.

 

Analyses Powered by EarnestQuery
 

Macy's Store Closures (April 2018)
4Q 2017 Earnings Insights (March 2018)
Blue Apron Analysis (February 2018)
Holiday Retail Performance 2017 (December 2017)
Stitch Fix IPO Analysis (November 2017)