Evolving Retail Approaches To Stores, Subscriptions And Technology

By PYMNTS | February 12, 2021

DICK’S Sporting Goods is doubling down on the omnichannel interdependence of its in-store and digital businesses, as it plans to add new locations to its footprint this month. In automotive retail, BMW and Audi recently announced that they are calling it quits on subscription offerings for the time being, while in retail technology, Verizon and Deloitte have revealed a 5G-powered productivity and efficiency platform. And in digital onboarding, address autofill functions and biometric solutions can tackle challenges with address data. All this, Today in Data.

Data:

2018: The year Audi and BMW announced vehicle subscription programs.

84%: Share of survey respondents who expect to increase their participation in outdoor individual sports this year.

79%: Portion of businesses who believe 5G would have a significant impact on their organizations.

45%: Share of merchants that gather suppliers’ financial performance histories during onboarding.

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5: Number of new locations DICK’S Sporting Goods plans to add in five states this month.

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