Positive Developments In Retail, eCommerce Amid The Pandemic

Bed Bath & Beyond

Bed Bath & Beyond reported that comparable digital sales increased throughout its brands at a time when the pandemic is serving as a headwind to its store traffic. In off-price retail, discount stores have experienced large sales gains and opened many new sites, while department stores have gone under or closed hundreds of locations. And in eCommerce, retailers and consumers have benefited from an industrywide effort to remove frictions in online sales experiences. All this, Today in Data.

Data: 

800K: Approximate downloads that the recently relaunched Bed Bath & Beyond and Buy Buy Baby apps have garnered.

93%: Share of top-performing retailers that support digital wallets.

77%: Increase in Bed Bath & Beyond’s comparable digital sales across all brands for Q3.

$25.3B: Dollar General’s net sales during the first nine months of last year.

2.2M: Number of new online customers for Bed Bath & Beyond during the latest quarter.