The Home Depot and Lowe’s, among others, are prospering in the stay-at-home economy. In eCommerce, one of the globe’s biggest investment firms took a minority stake in Utah-based online shopping platform Walker Edison. In connected commerce, as many U.S. consumers now order groceries online as they order restaurant food online, and in seller payments, it has become key for marketplaces to support instant disbursements. All this, Today in Data.
Data:
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2006: Founding year of Walker Edison, a partner and drop-ship solution for eCommerce firms.
76%: Share of all homeowners who undertook at least one improvement project during the pandemic.
50%: Approximate share of homes that sold for more than list price during the four weeks ending May 16.
17%: Share of consumers who reported using digital platforms to order and pay for groceries.
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2.5: Average number of days it takes for individual sellers to receive payouts from marketplaces.
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