According to a recent white paper by Placer.ai, three of the top retailers in the country – Walmart, Target and Costco – have each developed unique strengths and strategies that cater to their specific customer bases. This has allowed them to remain successful in an increasingly competitive market. The report, titled “Retail Giants in 2024: Walmart, Costco, and Target’s Competitive Edge,” delves into location analytics at these three chains.
The white paper addresses several important questions such as which retail giant experienced the most year-over-year growth in visits during the first half of 2024? How do dwell times at these retailers compare to last year? Which demographic is associated with increased loyalty at Target? And who are the shoppers frequenting high-performing locations for Costco and Walmart?
Additionally, this report examines how changes in consumer behavior over recent years have impacted these three major retailers. Overall, it provides valuable insights into what makes these giants of retail thrive amidst tough competition.
