At the pump
As of March 16, national fuel consumption was down an average of 28% from the first week of January. "States with more than 10,000 cases of COVID-19 are seeing the most drastic decreases," Skupos said, with New Jersey, Michigan and California all reporting a 48%-58% decrease in demand for fuel.
"If there is anything we’ve learned, it’s that we’re amidst very unpredictable times," Skupos concluded. "As consumer behavior continues to change, retailers are positioned as a close-to-home, go-to option for essential shopping in their local communities."
San Francisco-based Skupos drives revenue growth and operational efficiency in all segments of the retail industry through the collection of billions of transactions every year. More than 13,000 U.S. customers use Skupos’ platform to provide actionable insights that enable brands, distributors and retailers to increase sales volume and employee productivity.