Consumers Expect 2-Hr. Delivery, Supply Chain Adjustments, Saks’ Digital Shift

By  |  October 19, 2021
 | 
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Retailers look to lure new customers with alterations of their supply chain logistics. Plus, Saks Fifth Avenue is eyeing a public offering as soon as next year, and consumers’ expectations include delivery of their goods within two hours.

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    Data:

    $6B: Valuation of Saks Fifth Avenue’s projected IPO, which could come next year.

    92%: Share of consumers who went online to make a purchase, per Connected Economy Playbook research.

    52%: Portion of consumers who recently made purchases through online delivery aggregators.

    70%: Share of consumers who shop more at online marketplaces other than Amazon.

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    $1.5-$2M: Rent on a 747 freighter for a flight from China to Chicago.


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