The Rise Of Off-Price Retail And eCommerce Technology

By  |  March 19, 2021
 | 
Five Below

Off-price retailer Five Below, Inc. expanded its retail footprint in its most recent quarter, as sales came out ahead of analyst expectations. In earnings, Dollar General posted its latest quarterly results that included a gain in same-store sales fueled by an increase in the average transaction amount. And in digital investments, Yotpo’s all-in-one eCommerce suite has received the attention of brands and investors. All this, Today in Data.

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    Data:

    $230M: Total of Yotpo’s fundraise, which values the company at approximately $1.4 billion.

    31: Dollar General’s consecutive years of same-store sales growth.

    $8.4B: Dollar General’s net sales for the fourth quarter of 2020.

    2: Number of new stores that Five Below opened in the fourth quarter.

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    $1B: Amount of Dollar General’s total additions to property and equipment in fiscal year 2020.


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