Challenges And Opportunities In Retail Trends

By  |  March 17, 2021
 | 
Nordstrom

Nordstrom, among other retailers, is showing new interest in the old “store within a store” tactic. In apparel retail, Walmart hired celebrity A-list designer Brandon Maxwell to be the creative director for two of its own private-label brands. And in the economy, retail sales dropped in February from January, while in grocery, Good Eggs is expanding the concept of local eating. 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:

    $100M: Amount of funding that grocery and meal kit delivery company Good Eggs recently raised.

    90%: Share of the U.S. population that lives within 10 miles of one of Walmart’s 5,000 domestic stores.

    40: Number of mini-Tonal stores Nordstrom will add within its properties.

    8.2%: Walmart’s share of the total clothing and apparel market in Q4 2020.

    Advertisement: Scroll to Continue

    3%: Decline in U.S. retail sales in February 2021 from January 2021.


    Recommended

    Nvidia Bets on Open Models to Power AI Agents

    Cross-Border Payments Demand Active FX Management

    MassPay Integrates Visa Direct to Speed Cross-Border Payouts

    Digital Bank N26 Names CEO and Faces New Sanctions

    Gemini prediction market

    Gemini Adds Prediction Markets to Financial Super App in US

    See More In: , , , ,