The Rise Of Digital Commerce And Payment Methods

By  |  March 10, 2021
 | 
QR Code Payments

DICK’S Sporting Goods reported a rise in net sales, along with a bump in its online business for its most recent quarter. In fashion retail, Stitch Fix’s founder and chief executive reported in an earnings call that the company is well-positioned to capture the continuing digital shift in the retail landscape. And in payment methods, QR code-based payments have undergone a so-called renaissance amid the pandemic. All this, Today in Data.

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    Data:

    728: Number of locations DICK’S Sporting Goods operated throughout the U.S. as of Jan. 30, 2021.

    $219.6M: DICK’S Sporting Goods’ consolidated net income for its fourth quarter.

    85%: Share of China’s consumers who have leveraged QR code-enabled payments in the past year.

    11M: Number of U.S. households expected to scan QR codes to make payments this year.

    3.9M: Approximate number of Stitch Fix’s active clients as of its second quarter.

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