Tag: placer.ai

Placer.ai Exec: How Grocers Must Evolve in 2023

The grocery space has been upended over the past three years and leaders must face new challenges with patience, according to Placer.ai’s Retail Trends Forecast 2023 report.

4 Tips for Foodservice Operators Post-Pandemic

Foodservice operators have faced numerous obstacles during the COVID-19 pandemic, not the least of which is an unrelenting labor shortage. “I went to a local restaurant recently,” Patrick O’Reilly, principal at Marcum LLP said. “There …

The Restaurant of the Future

The restaurant industry has seen its share of structural shocks in the past two years, with the pandemic affecting sales in 2020 and supply chain constraints affecting operators in 2021. In 2022, the industry has ...

The Future of Food Retail

In this post-pandemic era, the food retail industry has changed dramatically. Inflation is at a 40-year high, customer loyalty is harder to earn and maintain, and margins are razor-thin as retailers battle increasing cost pressures. ...

Restaurants Grow More Concerned About Economy

Despite some positive indicators, an increasing number of restaurant operators are growing more concerned about inflation and the prospects for the economy. Employment in the restaurant industry and overall economy continued to rise at a …

Rising Gas Prices Prompt Changes in Shopping Habits

With gasoline prices topping $6 a gallon in some parts of the U.S., consumers have been rethinking their shopping habits, opting against multiple trips and turning to superstores and online solutions to cut down on …

Analyzing Whole Foods Foot Traffic

A new report from Placer.ai, titled Placer Spotlight: Whole Foods’ Journey Since the Amazon Deal, takes a closer look at Whole Foods foot traffic data over the past several years. Here are some key takeaways: …

Make No ‘Mis-Steak’: Steakhouse Visits on the Rise

After two years of COVID-related limitations on indoor dining, one segment of the restaurant industry is surpassing pre-pandemic traffic figures: steakhouses. That’s according to a recent report from location analytics firm Placer.ai, which reported growth …

Amazon Fresh a Bright Spot for Company Amid Challenging Q3

Since the first Amazon Fresh opened in September 2020, Amazon has expanded the number of brick-and-mortar grocery store concepts to 19 stores nationwide — and foot traffic has been increasing. Physical store sales were a …