Gap stores are weathering the supply chain snafus with a multi-brand approach to retail. Plus, retailers are pinning their 2021 holiday hopes on financially healthy consumers, and advancements in digital retail are redefining the sector’s “normal.”
Data:
20%: Share of consumers who plan to spend more on holiday shopping this year compared to 2020.
50%: Portion of consumers who have started their holiday shopping.
92%: Share of consumers who have placed at least one online order for goods or services recently.
84%: Portion of consumers who have checked online for sales or discounts.
44: Number of brands and labels acquired by Authentic Brands Group.
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