Today in Data, three trends could shape retail innovation in 2022. Plus, the retail sector will deal with familiar challenges in the new year, and we can expect more small businesses to go digital this year.
Data
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33%: Share of U.S. consumers who made online purchases in December
48%: Share of small and medium-sized businesses that are one missed payment away from closing their doors
$6.8T: Projected total of virtual card payments by 2026
1%; 15%: Share of paper and digital coupons, respectively, that are redeemed in grocery stores
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46%: Share of consumers who are ordering more groceries online than before the COVID-19 pandemic
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