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Superstores Capitalize on Shifting Consumer Trends
Retail has felt the impact of a challenging few years, with 2022 marked by inflation and high gas prices. However, Placer.ai says, in the evolving retail landscape, challenges can quickly turn into opportunities, and second-quarter 2023 data indicate that shifting consumer trends may be helping superstores come out on top.
Serving as major shopping destinations for tens of millions of customers, Walmart, Costco, and Target offer everything from groceries to apparel and household furnishings. In a new white paper, “Retail Giants in 2023: Visit Patterns to Walmart, Costco, and Target,” Placer.ai leverages location intelligence to explore how these retailing giants have weathered the challenges of the past few years and identify shifts in consumer behavior.
In the white paper, you’ll learn:
- What characterizes shoppers at Walmart, Costco, and Target?
- How can foot traffic patterns beyond the superstore reveal superstore consumer preferences?
- Where is the addition of healthcare offerings impacting visits to retail giants?
- ◦Economy
