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The Anchor

Placer.ai's Executive Industry Intelligence Report

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Dollar Tree: More Signs of Theft and Channel Shifting Resulting from High Food Inflation

Dollar Tree was the latest retailer to call out a sizable increase in theft/shrink during Q1 '23. Management noted that shrink impacted sales by about $200M (on an annualized basis) for the Dollar Tree banner.

Thomas Paulson
May 26, 2023

Kohl's: Thomas Kingsbury Gets Kohl’s Moving in the Right Direction

Kohl’s flushed out its excess inventory in January and early February to “clean the sheet” for incoming CEO Thomas Kingsbury. Not only did Kohl's get a clean sheet, but it has sustained outperformance compared to the industry every week since.

Thomas Paulson
May 26, 2023

Lowe's: Shift to Smaller Home Projects and Rural Strategy Flips the Script

Lowe’s update this week supported the outlook for positive visitation growth in the years to come while offering some additional reasons to be optimistic about the category longer-term.

R.J. Hottovy
May 26, 2023

CAVA: IPO Registration Filings Reinforce a Compelling National Growth Story

CAVA’s filing confirmed that the chain is poised to succeed at a national level because of its emphasis on suburban locations; throughput, staffing, and inventory management technologies; and employee retention rates.

R.J. Hottovy
May 26, 2023

Golf's COVID Comeback: PGA Superstore Reaping the Benefits

Golf had been on a bit of a decline pre-COVID, but when health officials recommended being outdoors with sufficient spacing, solo sports like golf and tennis suddenly became hot tickets.

Caroline Wu
May 26, 2023

Can Pickleball Save Malls in a Pickle?

Pickleball is everywhere and in particular, many malls are being repurposed as pickleball courts. We take a look at some existing pickleball courts to see who’s playing and what’s driving their popularity.

Caroline Wu
May 26, 2023

Food Halls: What’s Old is New Again at Grand Central Market and Topanga Social

This week we take a look at one of the oldest food halls in the City of Angels - Grand Central Market in downtown LA - as well as one of the newest - Topanga Social at Westfield Topanga.‍

Caroline Wu
May 26, 2023

Themes from this Week's Retailer Updates

This past week was a busy with updates from across the retail industry. We highlight some of the key themes that became apparent, but read our other reports for individual retailer insights.

R.J. Hottovy
May 19, 2023

Mother's Day: Candy Sees More Holiday Uptick than Bath Products or Jewelry

Some favorite gifts for mom include chocolates, candy, bath products, lotions, and jewelry. But which category is most dependent on holidays and which gained the most on Mother's Day?

Caroline Wu
May 19, 2023

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Elizabeth Lafontaine

Elizabeth Lafontaine most recently served as Chief Retail Analyst at EnsembleIQ, a B2B media and insights company in the retail space, where she helped to develop new thought leadership focused offerings and served as a presenter and author. She’s spent her career focused on serving the retail industry and its consumers and is also an alumnus of Circana, Stein Mart and Macy’s.

R.J. Hottovy

Head of Analytical Research, Placer.ai

R.J. Hottovy, CFA has covered the restaurant, retail, and e-commerce sectors for 20 years as an equity analyst and strategist for Morningstar, William Blair & Co., and Deutsche Bank. R.J. also brings a wealth of experience with early-stage investments as a committee member for the IrishAngels / Vitalize venture capital group. Over the past three years, he advised over 50 food service companies on more than $200 million in early-stage capital raises and M&A transactions.

Thomas Paulson

Director of Research and Business Development, Placer.ai

Thomas Paulson spent 20 years as a Wall Street analyst and a member of asset management teams at AllianceBernstein and Cornerstone Capital, representing top-50 ownership positions including Target, Home Depot, Nike, Amazon, Google, and many more. He brings consumer related expertise and knowledge of enterprises in retail, CPG, financial services, telecom, and entertainment.

Caroline Wu

Director of Research, Placer.ai

Caroline brings expertise in retail, CRE, entertainment, media, CPG, and tourism, and specializes in synthesizing broad datasets into actionable recommendations for growth. She has worked as the US Director of Consumer Insights at Unibail-Rodamco-Westfield, VP of Retail Insights and Intelligence at Omnicom, and Senior Director at Kantar. Caroline holds an MA in Sociology from Stanford University and a BA in International Relations from Stanford University.

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