Innovative Approaches To Retail And Banking

The North Face

Target and Walmart, among other retailers, are unveiling their own plans to hold sales to rival Prime Day in June. In outdoors-focused retail, The Explore Fund Council will address what The North Face views as disparities in outdoor exploration. And in banking, a large share of financial institutions (FIs) have either recently invested in artificial intelligence-based systems or plans to do so over the next year. All this, Today in Data.

Data:

2015: The year of Amazon’s first Prime Day.

$7M: The amount of initial funding for The North Face’s Explore Fund Council.

90%: Share of FIs investing in technology to make transactions faster and more accurate.

86%: Portion of medium-sized FIs that intend to invest in AI over the next 12 months.

3: Number of days that “Target Deal Days” will span in 2021.