Capturing Consumer Spend And Investment In Retail

By  |  February 6, 2021
 | 
Costco

Amazon is reportedly closing in on Walmart’s lead in auto parts, one of the last segments where the latter retailer enjoys a lead besides food. In warehouse club retail, stimulus checks have bolstered January same-store sales at Costco, which recently reported January sales data. And in dining, subscription-based restaurant delivery service Club Feast recently experienced a seed funding round at a time when demand for meal delivery keeps surging. All this, Today in Data.

    Get the Full Story

    Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.

    yesSubscribe to our daily newsletter, PYMNTS Today.

    By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions.

    Data:

    60%: Estimated share of consumers making less than $50,000 a year who will spend their stimulus dollars on living expenses and essential expenditures.

    $23.2B: Amount of Amazon’s Q3 gross sales in the electronics and appliances category.

    21: Approximate number of meals that consumers eat per week.

    17.5%: Walmart’s estimated share of the auto parts market in Q3 2020.

    Advertisement: Scroll to Continue

    $3.5M: Amount of Club Feast’s seed funding round in January.


    Recommended

    Coinbase

    Coinbase Files Lawsuits Challenging States’ Efforts to Control Prediction Markets

    BNP Paribas

    BNP Paribas Unveils AI Tool for Investment Teams

    Coinbase

    Coinbase Launches Stablecoin-as-a-Service to Help Businesses Create Their Own Tokens

    AI, eCommerce, online shopping

    AI-Driven Convenience Is Replacing Traditional Shopping for Consumers

    See More In: , , , , ,