CVS Boosts Wages, Lululemon Sweats Competition And Chairish Is Going Global

By  |  August 5, 2021
 | 
Lululemon

Lululemon is concerned about increasing competition in the athletic apparel space. Plus, CVS boosts hourly wages for employees to combat the labor shortage, and Chairish says its acquisition of Pamono is just the start of its global expansion plans.

    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:

    $600M: Approximate cost to CVS in the next three years to offer a $15 minimum hourly wage.

    29M & 30M: Number of COVID-19 tests and vaccinations at CVS.

    70%: Share of Sweaty Betty revenue that comes from eCommerce.

    $200B: Estimated value of the global activewear market.

    Advertisement: Scroll to Continue

    $84.2B: The projected amount of the global online furniture market by 2024.


    Recommended

    Nvidia and Uber Join Forces to Accelerate Autonomous Driving

    Target to Cut 1,800 Corporate Jobs as It Struggles to Regain Momentum

    OpenAI Acquires Former Apple Shortcuts Team to Expand Desktop Offering

    California Tops States for AI and Social Platforms Accountability Rules

    See More In: , , , , , , ,