Using Alternative Data for an Early Read on Holiday Season Spending Trends

In 2023, the holiday season took place amid decreasing U.S. headline inflation in addition to pressures such as student loan repayments resumption and higher interest rates looming over U.S. consumers’ holiday spending budgets. How did these mixed signals affect the sales performance of retailers in 2023? Join us to see how you can use the new Bloomberg Terminal® function ALTD for an early read on public and private company performance around key retail events such as the holiday season. More specifically, conduct peer analysis to understand the competitive landscape within sectors such as off-price and beauty store retail, and dive into consumer trends through breakouts.

The ALTD function provides insights on company performance using alternative data such as consumer transaction data and foot traffic data analytics. These analytics and insights are now available on the Bloomberg Terminal® alongside news, financials, estimates, research, and more. 

Discussion Topics:

• Which sectors and companies experienced the most sales growth during the 2023 holiday season?

• Did holiday shoppers in 2023 continue to turn to value retailers and away from premium shopping?

• How did average transaction values during the 2023 holiday season compare to previous years?