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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$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
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