Today in Data: Stitch Fix Users Want a Voice; Evolving the Coupon Business; February Retail Spending Jumps

Coupon businesses are evolving to meet the demands of today’s consumers. Plus, Mastercard SpendingPulse shows shoppers weren’t shy about spending in February, and the Freestyle segment of Stitch Fix grew almost 30% as buyers want to choose their own clothes again.

Data

8.7%: Increase in retail spending from February 2021 to February 2022

4.4%: Increase in eCommerce sales from February 2021 to February 2022

4M: Stitch Fix’s active user count as of Jan. 29

29%: Sales growth in Stitch Fix’s Freestyle self-purchasing program

$115M: Price System1 paid for coupon code search engine CouponFollow