Home Depot and Lowe's continue to enjoy increased businessduring the COVID-19 pandemic, as people use their lockdown downtimeto spruce up their homes.
But some other retailers are also enjoying unexpected gains inrecent weeks, according to an updated list of 2020 "pandemic winners" put out by retailanalytics firms Placer.ai. Among them are BJ's Wholesale Club,Dick's Sporting Goods, and even Tuesday Morning—the purveyor ofdiscount home goods which recently filed for bankruptcy.
According to Placer.ai's updated list, year-over-year visits toBJ's increased nearly 30% in March and 17% in May. (April saw amore modest 2% increase, according to the firm.) Those areimpressive gains considering that year-over-year visits were downin January. "The combination of its membership model, recoverystrength, and value proposition should help this rebound continuedeeper into the year," Placer.ai said.
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Karen Sloan
Karen Sloan is the Legal Education Editor and Senior Writer at ALM. Contact her at [email protected]. On Twitter: @KarenSloanNLJ Sign up for Ahead of the Curve—her weekly email update on trends and innovation in legal education—here: https://www.law.com/briefings/ahead-of-the-curve/
