Coffee makers, mixers, whiteboards: Pandemic fuels home category sales

Aside from home improvement retailers and mass merchants, which were deemed essential and therefore could remain open during lockdowns, consumers were left with few options to purchase goods in the category as nonessential retailers temporarily shuttered their doors. But according to Andy Mantis, head of data insights at 1010data, the firm is "seeing that even as states are opening up, online is holding strong." Another thing to note, Kuznetsova said, is the growing trend of urban residents migrating to suburban or rural areas "with the possibility to work from anywhere and avoid the pains of a commute," adding that in these new homes, consumers oftentimes are forced to buy furniture to outfit those spaces.... Read more

Now That Everyone Has Sweatpants, What Else Do They Want to Buy?

In-store eating places and pop-up eating experiences, a mini-trend for luxurious manufacturers pre-Covid-19, are out. Restaurant, bar and lodge spending is down 31 p.c from January, in accordance to Opportunity Insights. And although LVMH is transferring forward with a lodge mission on Los Angeles’ Rodeo Drive, the journey class is moribund proper now. In the US, spending on flights has plunged 87 percent, in accordance to analytical intelligence agency 1010data.... Read more

Optimizing vaccine distribution across drug store chains

Through the ongoing turmoil of the COVID-19 pandemic, companies have found themselves innovating at an unprecedented pace, whether to address surges in demand for certain products, or ways to get it where it was most needed, fastest. For example, in the thick of early shortages of personal protective equipment (PPE) for medical and other frontline workers, the American Hospital Association responded by partnering with Kaiser Permanente, Kearney and others, using artificial intelligence, predictive analytics and supply chain know-how to create HealthEquip, a platform that determined where PPE was most in demand and what logistics would get it there most expediently.... Read more

Point/Counterpoint: The New Normal?

Retailers need to show every SKU for which they have “open to buy” and let shoppers decide how they want to buy… instantly or special order. At present we've acquiesced to Amazon, Wayfair and other "online-only" providers that together capture 63 percent of online furniture sales, according to data analytics firm 1010data, a company that tracks online sales via credit and debit card transitions.... Read more

Food Logistics Launches Supply Chain Network Virtual Summit

Track 4: Emerging From COVID-19: Why Better Data Sharing between CPGs and Retailers is Critical

Inna Kuznetsova, interim CEO of 1010data, reviews the COVID-19-related stock-outs witnessed as a result of sudden, unprecedented lurches in consumer demand, and discusses the critical role data sharing between CPGs and retailers will play in predicting demand, understanding inventory levels at a store level and the role these play in adjusting supply chains on the fly.... Read more


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