Positive Developments In Retail Earnings, Marketing Strategies 

CarGurus

Digital automotive marketplace CarGurus reported in its recent financial results that its revenues have almost completely recovered to pre-pandemic levels, while consumer goods company Newell Brands said that many of its business units in each major region increased core sales last quarter. And in retail marketing, more retailers are looking to companies such as Supreme, finding that special sales events can keep shoppers engaged and satisfied. All this, Today in Data.

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    Data:

    $127M: Amount of net income Newell said it earned in the fourth quarter.

    45%: Share of consumers who are interested in product drops because they value access to products that are difficult to obtain.

    30.6K: Number of paying dealers on the CarGurus platform as of Dec. 31, 2020.

    23.7%: Amazon’s share of total spend in electronics and appliances, according to Q3 analysis.

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    $5,304: CarGurus’ quarterly average subscription rate.