The global retail industry experienced a 58% drop in company filings mentions of internet of things in Q4 2023 compared with the previous quarter, with the highest share accounted for by Alimentation Couche-Tard with 200% year-on-year increase, according to GlobalData’s analysis of over 48 retail company filings. GlobalData’s Retail: Filings Trends & Signals Q4 2023 report delves into earnings call transcripts and quarterly reports within the retail industry, extracting trends, signals, and comparative data to help businesses assess their performance, identify competitive intelligence, evaluate risks, and gain a comprehensive understanding of key industry events. Buy the report here.
Notably, internet of things was one of the most frequently referenced themes in Q4 2023, ranking highest in terms of mentions, ahead of sports viewership and digital media, according to GlobalData.
Of the top leading companies in the retail industry, Alimentation Couche-Tard had the greatest increase in references for internet of things in Q4 2023, compared with the previous quarter. GlobalData identified three internet of things-related sentences in the company's filings - 0.4% of all sentences - and an increase of 200% in Q4 2023 compared with Q4 2022. Dollar General’s mentions of internet of things dropped by 40% to 3 and Tesco’s by 50% to 3 and Costco Wholesale’s by 100% to 2 and Lowe's’s by 33% to 2.
GlobalData’s Company Filings Analytics also applies sentiment weight to reference sentences, based on whether the sentences are positive, negative, or neutral. Starting at 100 in 2020, an index over 100 is more positive. The overall index for internet of things in Q4 2023 was 102.
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For further understanding of GlobalData's Retail: Filings Trends & Signals Q4 2023, buy the report here.
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