Today in Data: Retail’s Two-Way Street, Crocs-Hey Dude Tie-Up Adds Innovation and Omnichannel Retail Elusive

omnichannel

Omnichannel retail remains more of a vision for the future than a reality for today. Plus, why retail’s consumer experience is and always will be a two-way street and Crocs’ acquisition of Hey Dude brings innovation to the shoe market.

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    Today in Data 

    Data

    $2.5B: Amount Crocs paid for Italian casual shoemaker Hey Dude

    $625: Cost of heeled Crocs Balenciaga shoe on Bloomingdale’s website

    100: Number of times most members interact with their credit union

    25%: Share of consumers who abandon online transactions because they take too long

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    70%: Increase in processing, data and transaction volume speed of 5G compared to 4G networks