1、January 202410 Top Brands to Watchin 2024This report analyzes the latest location intelligence data toidentify ten brands poised to succeed in 2024.Table of ContentsThe State Of Retail21.New Balance:From Dad To Dapper32.Harbor Freight Tools:A Wide Reach43.Winmark:Poppin Tags44.HomeGoods:Hunting For
2、Deals55.Bealls:Rural Expansion66.Ollies Bargain Outlet:Built To Last77.Trader Joes:Young And Hungry88.Foxtrot Market:The C-Store Connoisseur99.Jersey Mikes:Suburban Style1010.Playa Bowl:Surfs Up11Starting The New Year Strong13The State Of RetailNew year,new retail opportunities.And though 2023 is fi
3、rmly in the rearview mirror,the economic headwinds that characterized much of the year have yet to fullydissipate.But every challenge also brings with it new opportunities,and manyretailers are adapting to meet their customers changing wants and needs.This white paper analyzes location intelligence
4、for 10 brands poised to succeed in2024.Some,like low-cost apparel and home furnishing stores,are benefitting fromconsumer trade-down.Others are expanding into rural or suburban areas to meetcustomers where they are.Read on for some of 2024s retail winners.2024 Placer Labs,Inc.|More insights at place
5、r.ai|21.New Balance:From Dad To DapperUntil around four years ago,New Balance sneakers were commonly seen on the feetof suburban dads not exactly a recipe for high fashion.But all that began to changein 2019 when the company began collaborating with Teddy Santis,who eventuallybecame New Balances cre
6、ative director.Since then,the brands popularity has surgedamong Gen Z and X and is now one of the fastest-growing sneaker companies in theindustry,despite the increasing competition in sneaker space.In 2023,foot traffic toNew Balance stores grew 3.3%year-over-year(YoY)and the brand has firmlyestabli