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The Anchor

Industry Intelligence for CRE and Retail

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Home Improvement: Harbor Freight and Ace Hardware Drive Outperformance through Smaller Markets

We dive into the data for a wide range of retailers in the home improvement retail category to uncover how smaller-box stores are faring in smaller markets and with smaller real estate footprints.

RJ Hottovy
Apr 19, 2024

Carmax: Used Car Demand Stabilizing

Quarterly results from Carmax revealed that vehicle affordability challenges continued to impact sales. How has visitation to the used car giant been impacted and will the chain hold onto market share?

Thomas Paulson
Apr 19, 2024

LVMH: Aspirational Consumer Trends Gradually Improving, Positive for Department Stores

We explore how improved spending trends for the aspirational luxury and the more affluent consumer has affected department store traffic and visitation to other luxury brands.

Thomas Paulson
Apr 19, 2024

Outdoor Voices: Once High-Flying DTC Brand Abruptly Closes Physical Stores

As Outdoor Voices abruptly closes all physical stores, we take a closer look at the foot traffic and location analytics for several locations in order to better understand the chain's struggles.

Caroline Wu
Apr 19, 2024

Box Office Update: Waiting for Q4 2024

The Q1 2024 box office was soft given a lower number of wide releases which stems from last year’s Hollywood strikes, and it won’t be until the Q4 holiday period that releases start to ramp up.

Thomas Paulson
Apr 19, 2024

Dog Park Bars: When Things Get "Ruff", it's Nice to Have your Doggy Sidekick

Commercial real estate is constantly coming up with new concepts. Dog park bars like Bark Social and Fetch Park are capitalizing on pet owners’ love for socializing and their dogs.

Caroline Wu
Apr 19, 2024

Retail Sales: Nice Upwards Inflection, Expect That to Continue in April

The March retail sales report showed a nice improvement from the January/February pace. Standouts from a change in trend perspective include home improvement & garden and general merchants.

Thomas Paulson
Apr 19, 2024

Beige Book: Readings Shake Fed’s Confidence in Inflation’s Path

This week brought another reset to market expectations on interest rates as inflation persisted according to recent economic reports, including the March CPI reading, stronger retail sales, and the Beige Book.

Thomas Paulson
Apr 19, 2024

Restaurants: Where Do We Stand After Q1 2024

To mark the release of short visit data with Placer’s Data Version 2.0 and the publishing of our latest dining white paper, we take a closer look at where the restaurant sector stands after Q1 2024.

RJ Hottovy
Apr 12, 2024

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Elizabeth Lafontaine

RJ 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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