Neiman Marcus Reintroduces Itself, Art And Antiques Go Digital, Amazon Steps Up

The art and antiques market is stepping up to the digital age. Plus, Neiman Marcus emerges from the pandemic more focused, and we have the latest news from Amazon and Walmart.

Data:

$85M: Amount Neiman Marcus will spend to improve its supply chain.

25%: Portion of art market comprised of online art sales.

23%: Dip in luxury goods sales last year, the biggest decline in history.

$1K: Amount below which Amazon will directly reimburse buyers for property damage or personal injury.

52%: Share of consumers who prefer to use credit cards for new connected economy experiences.