
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.
[Report] 1H23 State of the Home Improvement Industry
The pandemic grew spending in home improvement significantly, however consumer behavior has since recalibrated. Explore the dynamics of the $220 billion home improvement market, with visibility on industry trends and growth by channel, retailer and subcategory.
Cross-Shopping Trends in Bathroom Renovation
Today's bathroom renovation consumers are focused on specific areas and opt for targeted improvements rather than comprehensive overhauls. What are customers of top performing subcategories also purchasing across the industry?
Building & Lumber 2Q23 Sales Channel Trends
With the increasing popularity of online shopping, the building and lumber sectors have witnessed surges in e-commerce adoption. While online sales have undoubtedly increased in the post-pandemic era, how big of a threat does e-commerce pose to physical retailers in a space traditionally dominated by B&M players?
Key Players Profiting from Bed Bath & Beyond’s Bankruptcy
In April, retail giant Bed Bath & Beyond (BBBY) filed for bankruptcy after steady declines in sales since the pandemic. In 2Q23 alone, the former industry leader lost 3 pp of market share YoY. So, which home goods retailers stand to gain the most from BBBY’s losses?
Share of Category Requirement by Channel in Bathroom Renovation
Across top omni-channel brands in bathroom renovation, most players see consistent performance across B&M and online. However, two brands stand out as dominant only in a single channel: Everbilt is a top player only in-store, and Home Decorators Collection is a top player only online. These brands – both Home Depot private labels – taking the lead in GMV emphasizes Home Depot’s dominance in the bathroom renovation category.
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.