Gap Adds Virtual Try-On Firm, Peloton Faces DOJ Sanctions, Amazon Closes In on Walmart

Peloton’s treadmill injury reporting leads to a DOJ subpoena. Plus, Gap has acquired the virtual try-on company Drapr, and we have all the latest news from Amazon and Walmart.

Data:

9.2%: Share of consumer retail spending on Amazon last year, up from 3.9% in 2016.

9.5%: Portion of retail spending at Walmart last year, up from 9.3% in 2016.

2.33M: Number of Peloton’s connected fitness subscribers, up 114% year over year.

24: Number of Gap and Banana Republic stores that closed this year.

874K: Number of Peloton digital subscribers, up 176 percent from the previous year.