Placer.ai: Department stores, specialty retailers have strongest Super Saturday performance
Department stores saw the largest increases of any sector, with Dillard’s (463.4%) and Macy’s (439.4%) seeing the largest visit gains compared to the year-to-date average. Nordstrom (329.8%), Kohl’s (307.6%) and Neiman Marcus (300.7%) were right behind.
Among the off-price retailers, all of the big players had a strong Super Saturday performance. T.J. Maxx led the way at a 244.2% increase compared to the year-to-date average, followed by Marshalls (232.9%), Nordstrom Rack (225.8%), Burlington (212%), Ross Dress for Less (176.5%) and HomeGoods (163.8%).
As for the big box retailers, Target (182.8%), Tractor Supply Co. (118.8%) and Sam’s Club (103.2%) had the highest increases compared to the year-to-date average. When compared to the visit average of the previous six Saturdays, all big box retailers besides home improvement giants Home Depot (-14.4%) and Lowe’s (-10.8%) saw visits increase.
Placer.ai found that mall visits were up across all three segments on Dec. 21. Compared to the year-to-date daily average, outlet malls saw a 192% increase in visits, while indoor malls saw a 177% increase and open-air shopping centers saw a 105.8% rise. Compared to the average of the previous six Saturdays, visits to outlet malls and indoor malls increased a similar amount (42.2% and 44.2% respectively), while open-air shopping centers saw a nearly 29% rise.
Ethan Chernofsky, senior VP of marketing at Placer.ai, said that the largest increases in retail store visits on Super Saturday is a testament to how the retail landscape is continuing to evolve.
“The success [of Super Saturday] is the latest reminder that the traditional perspective of a single, homogenous holiday season with Black Friday as its center has quickly evolved into a far more nuanced season with multiple peaks that provide specific benefits to different types of retail during different periods of the season,” he said.