The COVID-19 pandemic has increased the popularity of third party delivery services, which have seen a surge in full-service restaurant partnerships as many restaurants turn to third-party delivery services to stay afloat. However, our consumer transaction data reveals that third party delivery services generate significantly more sales through quick-service restaurants than full-service restaurants, though they … Continued
With alcohol delivery sales reaching new heights in the pandemic, American Airlines has recently announced its plans to start a wine delivery service to sell some of its surplus wine that isn’t being consumed on flights. However, an increasingly crowded category and rising consumer demand means that market share among DTC wine companies has shifted … Continued
U.S. consumer spending has been altered by the coronavirus pandemic. Our data reveals that consumers are changing the way they pay for goods and services, with some industries seeing spending shift toward online purchases. Additionally, the pandemic has changed the types of purchases consumers are making, with stimulus recipients increasing their spending on big-ticket items. … Continued
Meal delivery sales are expected to spike as more Americans shelter at home during the coronavirus outbreak. Our data shows sales did grow year-over-year in February, but not as much as many predict they will in March.
Similar to categories like toilet paper, there have been meat shortages across the U.S. in the COVID-19 era. In response, many Americans turned to DTC meat companies, which experienced strong sales increases early in the pandemic. Spending trends during the pandemic suggest that instead of viewing DTC meat as a one-off holiday gift, consumers now … Continued
With COVID-19 cases continuing to rise nationwide, holiday shopping is expected to further transition away from brick-and-mortar stores and toward e-commerce. The shift to purchasing gifts online has strong implications for DTC wine subscription companies, which have historically experienced significant sales increases during the holiday season and have further exploded in popularity during the pandemic. … Continued