Levi Strauss intends to open new stores to take advantage of a “commercial real estate tsunami” that has brought about record-high mall vacancy rates. In logistics, a new order partnership between UPS and Beta Technologies will bring electric-powered vertical takeoff aircraft into the delivery company’s fleet. And in payment methods, digital is the channel that an increasing number of customers and clients are using to pay businesses. All this, Today in Data.
Data:
2019: The year that the UPS Flight Forward aviation unit received the FAA’s first commercial delivery drone license.
75%: Share of technology firms that view their payments operations as “somewhat effective” at best.
35%: Increase in Levi’s loyalty program membership last quarter.
10: Average number of AR-related functions on which technology firms work with third parties.
$1.3B: Levi Strauss’ first-quarter sales.
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