Today In Data

Innovating To Take On Subscription Churn, Restaurant Orders

Innovating To Take On Subscription Churn

Subscription commerce is all the rage and shows every sign of continued growth in the next decade. Churn remains a challenge in the space, however – although there are some solutions to the problem. And in retail, self-service kiosks have been gaining popularity, while cutting-edge technology such as biometrics is starting to enter the quick-service restaurant (QSR) space. All this, Today in Data.

Data:

600: Square footage of Caribou Cabins stores that offer outdoor seating, a drive-thru and a walk-up window.

41.2M: Approximate number of American adults who subscribe to a retail product offering.

22 percent: Share of consumers who used kiosk ordering last year.

20.1 percent: Share of retail product subscribers who plan to terminate their services in the next year.

13 percent: Approximate share of consumers who prefer to buy products on a one-time basis.

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