Positive Trends In Retail Innovation And Digital Sales

By  |  February 24, 2021
 | 
Goodyear

Finesse is harnessing data analysis, 3D imaging and artificial intelligence (AI) to take on the traditional fashion industry. In mergers, the announced combination of Goodyear and Cooper Tire is set to raise the bar in the profitable aftermarket retail services vertical, while in department stores, Macy’s reported financial results were led by a rise in digital sales and delivery costs. And in holiday shopping trends, most gift purchasing took place online last year. All this, Today in Data.

    Get the Full Story

    Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.

    yesSubscribe to our daily newsletter, PYMNTS Today.

    By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions.

    Data:

    83%: Share of consumers who did some or all of their holiday shopping online.

    60: Approximate number of factories that the combined Goodyear and Cooper Tire companies would have.

    25%: Rough share of Macy’s digital sales that were fulfilled by stores in the fourth quarter.

    $6.8B: Macy’s net sales for the three months that ended Jan. 30.

    Advertisement: Scroll to Continue

    $4.5M: Amount Finesse has raised in pre-seed and seed investment.


    Recommended

    Hersheys Dubai Chocolate

    The Holiday Dinner Set for the Ultra-High-End Digital Chef

    OCC Aims to Reform Liquidity Risk Management and Anti-Money Laundering Compliance

    Walmart Completes Street-Front Retail Lineup at New Corporate Campus

    Conversational AI Becomes New Front Door for Holiday Shopping

    See More In: , , , , , ,