October 13 2020
Amazon Prime Day kicks off with some competition
“Over the past few years, Prime Day had evolved into a Black Friday-in-July event, with many retailers offering competitive promotions,” said Andy Mantis, head of data insights for 1010data, a provider of analytical intelligence to retail and consumer markets.... Read more
October 12 2020
Spirit Halloween Rises from the Dead. Again. And Again.
The reason for Spirit Halloween’s durability is closely linked with its business strategy of taking over temporary leases. The store “is out of step with most normal retail concepts,” Andy Mantis, a retail analyst for the firm 1010Data, wrote in an email. “In 2019, typical party stores generated 29 percent of their annual sales from Labor Day through Halloween.”... Read more
October 12 2020
Spirit Halloween reawakens to cannibalize stores
The store “is out of step with most normal retail concepts,” Andy Mantis, a retail analyst for the firm 1010Data, told the Times.... Read more
October 08 2020
Sam's Club adds 2,000 permanent supply chain workers, launches ship-from-store for peak
Though Sam's Club may be behind Walmart in omnichannel development, it is somewhat ahead of membership rival Costco — especially when it comes to grocery, according to an analysis from market research firm 1010data.... Read more
October 05 2020
Ghosts, ghouls and social distancing: A fractured Halloween haunts Party City
The season could also last longer, along with other holiday periods this year. Andy Mantis, head of data insights for analytics firm 1010data, said his firm's data shows that candy purchases picked up earlier this year than in the past. "Things will shift around, but the fact that there is a Halloween and there will be Halloween spend is good for retailers and good for manufacturers, because the circumstances could have been different," he said. ... Read more
October 02 2020
Black Friday is over: Here’s why retailers are touting weeks of deals this year
A typical Black Friday in previous years could equate to about an extra week of sales for some retailers, according to analytical intelligence firm 1010data. ... Read more
October 01 2020
Automation and Robotics SCN Summit Now On-Demand
Inna Kuznetsova, CEO of 1010data, detailed the critical role data sharing between CPGs and retailers plays in predicting demand, understanding inventory levels at a store level and the role these play in adjusting supply chains on the fly.... Read more
September 24 2020
No Trick Or Treat: Americans Get Creative To Celebrate Halloween Safely
Andy Mantis, head of data insights at 1010data, projects sales similar to last year's, since retailers are off to a good start. Mantis expects an increase in sales of Halloween masks and even holiday-themed hand sanitizers.... Read more
September 21 2020
Is Amazon's private label a threat?
That aside, over the past decade, Amazon has been slowly building an online private label program across multiple categories. In 2019, this business grew 28%, generating sales of $1.3 billion, per Matt Pace, senior director, client insights and account management at 1010data, in the company’s “1010reveal” report.... Read more
September 15 2020
September 09 2020
The Future of Store Automation Post-COVID-19
Our march toward automation in retail has been severely dampened by COVID-19. The economic lockdown meant a massive rethink in how consumers get what they need, which stole attention from many of the novel solutions that were making their way to stores. Consequently, the rate of in-store implementations of (and investment in) new automative technologies has slowed, and it wasn’t just limited store access.... Read more
September 03 2020
How Retailers Can Control Costs Even As Return Rates Climb
“Volumes of returns are not overwhelming,” said Andy Mantis, Head of Data Insights for 1010data. Mantis analyzed the monthly dollar value of returns year-over-year (YOY) for several categories and found that “the dollar value of returns is still below prior years” as of July, although it was trending up.... Read more
August 28 2020
In-Store vs. Online. Discover How Automation & Robotics Change the Way Consumers Shop
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
August 25 2020
It’s 2020: Why Is The Pumpkin Spice Latte Still Part Of The Zeitgeist?
August 19 2020
Big-Box Retailers’ Profits Surge as Pandemic Marches On
“In a pandemic, you don’t want to make multiple stops, you want to go to one place that is safe and convenient,” said Andy Mantis, head of data insights for the research firm 1010Data.
... Read more