Placer.ai

??Are you ready to discover the future of location analytics? Join our CEO & Co-Founder, Noam Ben-Zvi who will be giving a Keynote at Placer Discover: New York event on December 10th! Noam will share our visionary roadmap for 2025 and Placer.ai's groundbreaking new releases that will shape the future of location analytics. Don’t miss this chance to learn how we’re redefining industry standards with cutting-edge technology and innovative solutions. Register today: https://lnkd.in/gPysHHZi #PlacerDiscover #LocationAnalytics #Leadership

“One prediction for the holiday shopping season is that the major shopping event days, like Black Friday and Super Saturday, will continue to be incredibly important for the industry.” Our very own Elizabeth Lafontaine, Director of Research, shared her insights on consumer shopping behavior and holiday marketing trends. From the significance of key shopping events to the role of AI and technology, Elizabeth highlights what retailers need to know for a successful season. Big thanks to Nancy A Shenker at Street Fight for the feature! Check out the full article to learn more about what’s ahead this holiday season! ???? https://lnkd.in/d6_UWGpc Jesse Kent Derring-Do Inc.

Is consumer confidence making a comeback? We’re seeing an interesting recovery in the consumer electronics and home furnishings sectors—two major categories that reflect rising confidence as high-ticket purchases start to rebound. With consumer confidence hitting its highest point since January, there’s optimism for the upcoming holiday season. This could mean a much stronger Q4 than we anticipated!

With Black Friday just around the corner, we want to know: which deals are worth the hustle and bustle??

We’re excited to share that Placer has been recognized as a 2024 Deloitte Technology Fast 500 winner! #TechnologyFast500 honors the fastest-growing companies in tech, media, telecommunications, life sciences, fintech, and energy tech across North America. A big thank you to our amazing team, customers, and partners for making this achievement possible. We look forward to continuing our growth and #innovation in location analytics!

??? Ready for Black Friday? Our latest TL;DR breaks down what to expect this Black Friday, from new retail strategies to emerging shopping behaviors. ?? Early door-busters make a strong return this Black Friday. ??? Black Friday deals spread across November to avoid shopping surges. ?? AI flash sales create real-time, personalized discounts. ?? Beauty steals the show with limited-edition holiday bundles. ?? Classic American brands see a major comeback this season. ?? Malls thrive with shopping, dining, and entertainment. ?? With fewer days between Thanksgiving and Christmas, each visit must drive more sales. Don't miss out on these key insights - dive into the full newsletter below! ??

In our latest Placer 100, we saw a 1.4% increase in visits compared to last year. One of the top winners? Wendy's which saw visits and visits per location jump over 10%, thanks in part to their amazing SpongeBob collaboration. With the holiday season approaching, it's clear that retailers and restaurants are gaining strong momentum. Check out all the details in our Weekly Brief!

October’s standout: Chili's! ??? Chili’s Grill & Bar topped the Placer 100 October chart, leading in both overall and per-location visit growth. The chain continues to ride the wave of its Big Smasher Burger success, with visits soaring since the product’s launch in late April. Congrats, Chili's for last month's smashing success! → About the Placer 100 Index for #Retail & #Dining: The Placer 100 Index for Retail and Dining is a curated, dynamic list of leading chains that often serve as prime tenants for shopping centers and malls. The index includes chains from various industries, such as superstores, grocery, dollar stores, dining, apparel, and more. Learn more by visiting the links below in the comments.

Data always reveals key insights, and in Silver Diner's case, trade area analysis was crucial to making an informed expansion decision. When Silver Diner considered opening new locations in Chantilly, VA, and Bowie, MD, they needed to assess the risk of cannibalizing existing stores. By leveraging Placer’s trade area data, they were able to determine that Chantilly had minimal overlap with other locations, while Bowie posed a significant risk of cannibalization. The result? → A successful new location in Chantilly, VA, added $5.5 million in revenue with minimal impact to nearby stores. Learn how Placer’s data helped Silver Diner make smarter, data-driven decisions in this success story linked below. #RestaurantExpansion #DataDriven #BusinessIntelligence

Exciting innovations are reshaping retail, particularly through what we call “adjacent innovations”—offerings that complement existing products and resonate with consumers. A prime example is the rise of health and wellness options in grocery stores. Top chains across the country show a consistent trend: locations with robust wellness offerings see increased visits, higher visits per location, and greater customer loyalty. Explore more insights in our weekly brief! #RetailInnovation #WeeklyBrief #ConsumerValue