In the News

Andy Mantis, head of data insights for 1010data, said with the potential for less discretionary spending this year, not getting “an early enough start could have an impact on how successful their holiday season will be.... Read more

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

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

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

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

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

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

“Viewing returns through the lens of profitability is a much better route to financial soundness than having a blanket approach to return policies,” said Andy Mantis, Head of Data Insights for 1010data. ... Read more

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

“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

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

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

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