Digital Approaches To Retail And Commerce

JoyRun

Walmart recently announced that it is acquiring “select assets” of peer-to-peer delivery service JoyRun, while the digital-first holiday shopping weekend got off to a hot start as Thanksgiving looked more like Cyber Monday. In secondhand retail, the pandemic has created a new role for pawn shops, while in next-generation debit, firms are examining virtual card options that can allow staffers to make company payments. All this, Today in Data.

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    Data:

    540: Number of JoyRun’s official merchant partners.

    $56.5B: Forecasted online sales for Black Friday.

    30K: Minimum number of people who have served as drivers or “runners” since JoyRun’s 2015 launch.

    11K: Estimated number of independent pawnshops operating nationwide.

    $1.6T: Expected amount of virtual card spending this year.