Future Opportunities And Hurdles In Retail 

By  |  February 26, 2021
 | 
Wayfair

The business outlooks provided by Best Buy and Wayfair suggest the fading of the COVID nesting trend. In off-price retail, TJX Corporation awaits the return of the revenge shopper at a time when some of its locations in Canada and Europe remain closed due to pandemic restrictions. And in payment methods, consumers are turning to buy now, pay later (BNPL) payment methods for their entertainment-related purchases. 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:

    38%: Share of millennials who have not used BNPL solutions within the past year, but would be interested in linking such solutions to digital wallets.

    29%: Portion of BNPL shoppers who use the payment option to buy books.

    15%: Approximate share of TJX Corporation’s retail stores in Europe and Canada that are currently still closed.

    4.5K: Approximate number of stores that TJX Companies operated as of Jan. 30, 2021. *

    Advertisement: Scroll to Continue

    $3.67B: Wayfair’s fourth-quarter revenues, which were a bit under analysts’ expectations.


    Recommended

    Smithmore Castle in snow

    NYE Rentals Offer Everything From Bunkers to Castles

    FTX

    3 Former Executives Involved With FTX Agree to SEC Final Judgments

    Aldar, Visa, AI agents, payments

    Visa and Aldar Launch Voice-Enabled Agentic Payments

    CFTC, Senate

    Senate Confirms Michael Selig as CFTC Commissioner and Travis Hill as FDIC Board Chairperson

    See More In: , , , ,