March 10 2021
Study: Online grocery spending up 133% in 2020
From 2019 to 2020 total online grocery spending increased by 133% as shoppers learned how to navigate online versus instore shopping during the pandemic, according to a new report released by 1010Data.... Read more
March 09 2021
1010data, a provider of analytical intelligence and data sharing solutions to the retail, consumer goods and financial services markets, and Strategix CFT, a boutique consulting company that specializes in innovative retail technologies and comprehensive systems integration, announced today that they have entered into a strategic partnership to provide offerings that deliver enhanced customer insights.... Read more
March 09 2021
1010data Releases its 2021 State of Grocery Report
1010data, a leading provider of analytical intelligence and consumer transaction data, has released its in-depth State of Grocery Report: How Omnichannel Became A Reality In 2020.... Read more
March 08 2021
Pardon the Disruption: Will Instacart become a grocer?
According to a recent report from 1010Data, Instacart now accounts for 28% of online grocery market share — the highest in the industry — and grew sales 323% last year.... Read more
March 08 2021
AI to Underpin the Nimble Supply Chain of the Future
Industry fragmentation, a lack of standards, slow progress on full digitization and an inability to share data along supply chains also present hurdles for many organizations, says Inna Kuznetsova – CEO of insights platform 1010data.... Read more
March 02 2021
Online Grocery Sales Soar 133% Year Over Year: Report
The pandemic has brought together the physical and digital worlds of grocery, resulting in a 133% year-over-year increase in online grocery spending from 2019 to 2020, according to new study from 1010data.... Read more
March 02 2021
It has been one year since COVID-19 lept into the headlines and became the only story that mattered.... Read more
March 02 2021
Instacart's valuation more than doubles to $39B
According to a newly released report from 1010data, Instacart “drove significant adoption” of online grocery shopping and delivery last year, with the company consistently having a higher percentage of online grocery spending than other delivery services and e-grocers since 2019.... Read more
February 25 2021
“Part of the reason analytics has been underused in the supply chain was the consistency of demand,” explained Inna Kuznetsova, CEO of 1010data, a provider of analytical intelligence to the financial, retail and consumer markets, in an interview with Retail TouchPoints. “Relatively slow changes in demand allowed retailers to rely on the last six months, or the last 12 months, to predict demand. Today, with the high volatility in the space, making changes faster, being able to reroute products between distribution centers or compare the cost of extra shipments to the cost of missing products on the shelf has become vital.”... Read more
February 19 2021
CXbuzz Interview with John Jordan SVP of Customer Experience at 1010data
February 08 2021
Is a Mattress-in-a-Box Right for You? The pros and cons of ordering a new mattress online
In the end, only 7 percent of the beds-in-a-box that are purchased are returned, according to 1010data, a data analytics company. That’s more than the 2.2 percent returned at Mattress Firm but an indication that most consumers are pleased with their purchase.... Read more
February 01 2021
Online heavy-goods sellers in need of last-mile solutions
While Wayfair and Amazon dominate the online furniture market – with a collective 63% of market share at the end of 2019, according to data analytics firm 1010data – there is plenty of room for smaller retailers.... Read more
January 27 2021
17 Analyst Forecast Top Trends and Strategies As Retail Resets
When the year just past has been unlike any other in recent memory, how do you forecast what lies ahead? Retail TouchPoints realized how tough this task would be, so we’re particularly grateful that so many of the industry’s leading analysts agreed to share their predictions about the trends, tech and strategies retail will be using to reset itself in 2021.... Read more
January 27 2021
Pandemic-driven furniture demand brings record sales, 'decimated' supply chain, long waits
Home-furnishing entities saw web transactions escalate by 66 percent year over year through November, according to 1010data, a group that analyzes consumer habits.... Read more
January 07 2021
With Holiday Sales Up, Now Retailers Must Strategize for 2021
If one thing is for certain, there will be a myriad of channels for consumers to shop. One channel that experienced tremendous growth during 2020 is BOPIS/buy online, pickup in store, which enjoyed 82 percent growth in 2020, said Inna Kuznetsova, chief executive officer of market researcher 1010data.... Read more