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