The Digital Shift In Retail And Pet Spend 

By  |  September 18, 2020
 | 
The Digital Shift In Retail And Pet Spend

Shoppers flocked to digital platforms in the first months of COVID-19 as “nonessential” brick-and-mortar stores closed – and a number of consumers don’t have any intentions to go back. Moreover, a number of consumers have expanded their utilization of contactless payments to reduce the risk of viral transmission. And in retail, pet spend has shifted online with the pandemic. All this, Today in Data.

    Get the Full Story

    Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.

    yesSubscribe to our daily newsletter, PYMNTS Today.

    By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions.

    Data:

    $50B: Amount consumers spent globally in mobile app stores between April and May.

    $95.6B: Amount Americans spent feeding and caring for their pets in 2019.

    48%: Share of consumers who would no longer shop at certain brick-and-mortar stores without access to contactless payments.

    31%: Increase in overall eCommerce sales between Q1 and Q2 2020.

    Advertisement: Scroll to Continue

    1.4K: Minimum number of store locations nationwide from which PetSmart will provide delivery via DoorDash.


    Recommended

    Banks Lose Millions as Outdated Billing Drains the Bottom Line

    AI Fraudsters Crash Identity Systems Built for Yesterday

    48% Usage Gap Shows Why Virtual Cards Still Lag Adoption

    48% Usage Gap Shows Why Virtual Cards Still Lag Adoption

    FinCEN: Ransomware Incidents and Payments Dropped in 2024 After Law Enforcement Actions

    See More In: , , , , , , , ,