In the News

Web sites selling or renting secondhand products at prices lower than comparable new merchandise have a built-in advantage in an economic downturn, but competition will be fierce in 2020, observed Andy Mantis, Chief Business Officer for 1010data’s 1010reveal. “In the immediate term, the price-value competitive advantage that these resale and rental companies had over traditional retail will be diminished in an environment of heavy promotions, sales, even going-out-of-business sales at traditional retail.”... Read more

"At its peak [on March 18], pet supply spending was up 47% YoY, but store visits were only 8% up," said Inna Kuznetsova, interim CEO of 1010data. "After that, there was a decline in spending and store visits, and spending fell to only 24% up YoY, which means there was a stock up and then only a modest increase."... Read more

Data management and analytics company 1010data, which has been tracking the impact to the food industry in the U.S. since the outbreak of COVID-19, further reports a stabilization in grocery.... Read more

In March, as consumers went online to stock up, online grocery sales at Walmart Inc. (No. 3 in the 2020 Digital Commerce 360 Top 1000) reached nearly $900 million, according to data analytics firm 1010data, which tracks online sales via credit and debit card transactions.... Read more

"As a cat owner, I can testify, my first concern was let's make sure that the cat gets the litter and the food because obviously if you're at home and cannot go to the store, you want to make sure that your pet is taken care of," Inna Kuznetsova, interim CEO of 1010data, told Retail Dive in an interview. "The week when the whole country did the stock up across multiple categories, we have seen the spending for pet supplies and services going up considerably."... Read more

Data analytics firm 1010data says Walmart's online grocery sales surged 21% in March (compared with February), hitting $900 million, which also doubled what it posted during the same period last year.... Read more

“Inna Kuznetsova, interim ceo of analytical intelligence firm 1010data, said retailers wanting to win when consumers start to come back to stores need not just a plan, but a Plan A, Plan B, Plan C and so on to be able to react in real time. “Embrace the unknown,” said Kuznetsova, advising an approach that comes with “flexibility and agility of planning.”….“The [consumer] buying behaviors are changing as we speak,” she said….”If you start looking at averages, you might miss a lot of insights,” she said.... Read more

Consider technologies like 1010data in consumer goods in conjunction with demand sensing technologies to replace rules-based consumption of demand into an inventory signal.... Read more

In terms of the general online furniture market, Wayfair and Amazon dominate. Together, they capture 63 percent of eCommerce furniture sales, according to data analytics firm 1010data.... Read more

 “Typically, about 17% of apparel is returned to retailers, making it one of the most-returned categories of goods, according to an analysis by 1010data.”... Read more

“The retailer has seen a massive surge in online shopping since the pandemic began. Data from 1010data shows site traffic has jumped 21% since February and is double what it was a year ago.”... Read more

“With an already strong  e-commerce presence, Bentonville, Arkansas-based Walmart racked up impressive year-over-year online sales growth in March due to the Covid-19 pandemic, according to 1010data, a provider of data and analytics to asset managers, retailers and CPG companies.”... Read more

“Walmart racked up impressive year-over-year online sales growth in March based on consumers stocking up on everyday necessities as the coronavirus outbreak took off, according to 1010data, an information and analytics firm.”... Read more

“Statistics gathered by analytics company 1010data showed Walmart online grocery sales reached nearly $900 million….Sales growth for the retailer last month was led by a 307 percent rise in demand for hand sanitizer and 133 percent jump in toilet paper sales.”... Read more

“Walmart Inc. generated nearly $900 million in online grocery sales last month, up 21% compared with February and nearly double the level of March 2019, according to data provider 1010data, which tracks credit- and debit-card sales.”... Read more