Today in Data: CVS to Spend $3B on Tech Upgrades; Tractor Supply Focuses on Digital Sales, BNPL Comes to Main Street

Today in Data, CVS says it will spend up to $3 billion on technology and digital enhancements. Plus, Tractor Supply is emphasizing digital sales, and more Main Street businesses are planning to offer their customers flexible payment options this year.

Data

32M; 59M: Number of COVID-19 tests and vaccines administered, respectively, at CVS locations in 2021

2B: Number of visits to CVS.com in 2021, up 55% from 2020

24M: Number of people in the Tractor Supply Neighbor’s Club loyalty program

20%: Share of new Tractor Supply customers attained through digital channels in the fourth quarter of 2021

25%: Share of Main Street businesses planning to add buy now, pay later (BNPL) capabilities in next 12 months