How Amazon Wins: By Steamrolling Rivals

Amazon didn't stop Wayfair's growth. The smaller company increased its share of online furniture sales in the U.S. to 25% last year from under 18% in 2016, according to market-research company 1010data -- although Wayfair's net loss also widened during the period. Amazon's market share stayed steady, at just over half of online furniture sales, including its direct sales and those of outside vendors on its platform.... Read more

2021 Retail Predictions From Today's Industry Experts

“We also predict the continuous need to analyze data at a local level since states and even counties are alternating between lockdown or online-schooling and re-opening at different times, significantly influencing consumer habits. A granular view of in-store data and leveraging new sources of data from e-commerce to locations will continue to be critical to understand the big picture, plan supply and execute on successful promotions.” — Inna Kuznetsova, CEO, 1010data... Read more

Amazon, Walmart tout last-minute holiday delivery options

For many of those shoppers, stores will be the answer, even for online orders. Just over half of U.S. holiday shoppers are concerned about timely holiday fulfillment, according to marketplace platform Feedvisor. The solution lies within a bigger BOPIS infracstructure this year thanks to the pandemic, as those services have launched or expanded at retailers of all sizes, spiking 75% year over year, according to 1010data.... Read more

What's selling in 2020's holiday season

Office supplies and sporting goods were the only categories The NPD Group tracks that showed year-over-year growth over Black Friday, according to Cohen. Every other category declined from last year's figures. Similarly, a recent report from 1010data found that electronics and sporting goods were among the top performing categories in October in terms of year-over-year sales growth, growing 57% and 25%, respectively.... Read more

1010data Forecast Says Online Growth Anticipated to Run 50% Year-Over-Year

1010data released its 2020 holiday report, A Holiday Season Like No Other, which lays out in macro terms as well as by category the degree of difference this season shows from previous years. Projecting a 50% year-over-year increase in online sales through the end of 2020, the report focuses on the expansion of Cyber Monday to Cyber Month this year, and the ongoing impact prevailing trends will have on total retail sales this year.... Read more

Prime Day becoming ever bigger impetus for sales

Since 2015, Amazon’s Prime Days have been stealing July headlines and market share. COVID-19 may have delayed Prime Days until October, but it didn’t slow down sales. Total Amazon sales grew 45% from 2019 Prime Days to 2020 Prime Days, and sales for Amazon third-party sellers grew 69%, according to 1010data Market Intelligence.... Read more

IRI and 1010data Partner to Develop New Data Democratizing Solutions

IRI®, a global leader in innovative solutions and services for consumer, retail and media companies, and 1010data, a leading provider of analytical intelligence to the financial, retail and consumer goods markets, today announced their partnership to focus on democratizing data-driven analytics across organizations in the CPG ecosystem, leveraging both companies' data, technology, relationships and expertise. As part of the partnership, IRI and 1010data will be investing in a joint program office that will develop innovative new products and solutions that enhance CPG retailers’ and manufacturers' abilities to use data to drive growth.... Read more

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