Actionable Insights From APT's Retail Practice
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APT Index: Super Saturday Holiday Sales Down

December 31st, 2014 | Posted by Katheryn McKee in Retail | Uncategorized - (Comments Off on APT Index: Super Saturday Holiday Sales Down)

In-store sales for Super Saturday Weekend were down [-1.7%] vs. the same time last year, according to data from the APT Index of U.S. same-store retail sales.  The Index also revealed that Super Saturday Weekend sales figures varied widely across the country.

Change in Unemployment

  • In areas where unemployment increased year-over-year, the APT Index of retail sales decreased [-2.1%]
  • In areas where unemployment decreased year-over-year, the APT Index of retail sales decreased [-1.3%]

Median Income

  • In areas with median income $75K or greater, the APT Index of retail sales decreased [-2.4%]
  • In areas with median income less than $75K, the APT Index of retail sales decreased [-1.0%]

Median Household Size

  • In areas with median household size 2.5 or greater, the APT Index of retail sales decreased [-2.6%]
  • In areas with median household size less than 2.5, the APT Index of retail sales decreased [-0.8%]

Click here for more information, including the top and bottom performing cities.

APT Chairman Co-Authors Harvard Business Review Article

December 15th, 2014 | Posted by JDouglass in Financial Services - (Comments Off on APT Chairman Co-Authors Harvard Business Review Article)

APT Co-Founder and Chairman, Jim Manzi, recently co-authored a Harvard Business Review article with HBS Professor Stefan Thomke about how experimentation can help companies de-risk new ideas and drive innovation.

A key point that the article makes is that testing can be an agent for meaningful organizational change, rather than simply a new analytical tactic: “The lesson is not merely that business experimentation can lead to better ways of doing things. It can also give companies the confidence to overturn wrongheaded conventional wisdom and the faulty business intuition that even seasoned executives can display. And smarter decision making ultimately leads to improved performance.”

Click here to download a full copy of the article.

APT Chairman Co-Authors Harvard Business Review Article

December 15th, 2014 | Posted by MHarper in Restaurants - (Comments Off on APT Chairman Co-Authors Harvard Business Review Article)

APT Co-Founder and Chairman, Jim Manzi, recently co-authored a Harvard Business Review article with HBS Professor Stefan Thomke about how experimentation can help companies de-risk new ideas and drive innovation. The article details a “checklist” for running business experiments and identifies how Big Data can dramatically improve the experimentation process.

Click here to download a full copy of the article.

APT Chairman Co-Authors Harvard Business Review Article

December 12th, 2014 | Posted by JDouglass in Uncategorized - (Comments Off on APT Chairman Co-Authors Harvard Business Review Article)

APT Co-Founder and Chairman, Jim Manzi, recently co-authored an article in Harvard Business Review with HBS Professor Stefan Thomke about how experimentation can help retailers de-risk new ideas and drive innovation. The article details a “checklist” for running business experiments and identifies how Big Data can dramatically improve the experimentation process.

Click here to download a full copy of the article.