YipitData Blog
Our analysts take a deeper dive into topics of interest within the market's most disruptive sectors. Subscribe to our blog to get the most up-to-date insights delivered to your inbox.
How Kohl’s Grew it’s Customer Base with a Sephora Partnership
Beauty leads all other product categories in H1 2023 sales growth. Beauty retail sales at generalist retailers have experienced double-digit growth for the past 4 years, with Amazon dominating Walmart and Target in Beauty sales. How are Kohl’s and Target using partnerships to bet big on Beauty?
2Q23 Home Goods Market Share Winners and Losers
The home goods industry has always been a dynamic and competitive space, with companies vying for market share and consumer attention. Take a closer look at some of the standout performances and challenges faced by key home goods retailers this quarter.
Unpacking the Bathroom Renovation Surge: What Retailer Reigns?
Over the past few years, one category in Bath has stood out as a clear leader: Bathroom Renovation. The bathroom renovation industry has witnessed an impressive surge in consumer spending, with a significant 50% increase since 4Q19. What’s fueling the growth?
Walmart Concedes Beauty Market Share to Amazon
Beauty sales at generalist retailers have grown more than any other product category this year. H1 2023 Beauty sales at Amazon, Target, and Walmart have grown 24.3% to $18.5B. From 2019 to 2023, Beauty sales at generalist retailers have doubled and, despite market disturbances such as the pandemic and inflation, consumers show no sign of slowing down their spending on beauty products.
3 Trends Revolutionizing Retail
Home retail sales exploded in 2020 and 2021 with consumers spending more time living and working from home. However, the retail landscape that we are in now looks and feels a lot different than what it was 3 years ago. Here’s the top 3 trends in retail today.
2Q23 Grills Market Share Performance
In 2Q23, the grills market experienced a few noteworthy trends, including the emergence of Weber as a formidable competitor to Blackstone, the dominance of gas grills, and the surging popularity of flat top grills and outdoor griddles.
How Lowe’s is Winning the Refrigerator Market by Redefining Product Mix
In 2022, the refrigerator market generated a staggering $7.36B in GMV across Best Buy, Lowe’s and Home Depot. Across top retailers, Lowe’s dominates the refrigerator market with close to 50% of total refrigerator sales.
The Rise of Receipt Data Analysis: Secret to a Competitive Edge
Understanding market dynamics and consumer behavior is vital for businesses to make informed decisions and stay competitive. Here’s our top 5 reasons why receipt data can unlock valuable business intelligence.
Loyal Customers Help Scotts Miracle-Gro Maintain their Market Lead
When it comes to the Soil & Fertilizer market, Scotts Miracle-Gro is the clear leader. Despite being a fragmented market, they have continued to grow their lead, currently at ~60% market share.
How Ryobi Became the Top Brand in Outdoor Power Equipment
The Outdoor Power Equipment market is extremely competitive, with over 250 brands vying for market share. Despite this, Ryobi has managed to come out on top, holding onto ~20% market share for the past two years.