Today in Data: New Offerings From Amazon and Walmart; Customer Verification Remains a Challenge; Costco Competes With Itself

By  |  March 7, 2022
 | 

Verifying new customers’ identities remains the biggest challenge for businesses. Plus, Costco looking to stand out from the crowd with its unusual product mix, and all the latest news from Amazon and Walmart.

    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.

    Today in Data chart

    Data

    12.6%: Increase in Costco digital sales in fiscal 2022 Q2

    $4B: Revenue Costco generates from annual membership fees

    50: Number of models in Walmart’s Choose My Model platform

    24: Number of Amazon bookstores closing along with 33 4-Star locations and nine pop-up kiosks

    Advertisement: Scroll to Continue

    16%: Share of businesses that say verifying new customers’ identities is their most important challenge


    Recommended

    Trust Wallet Integrates Revolut to Facilitate Crypto Purchases in Europe

    Terraform Labs Co-Founder Do Kwon Sentenced to 15 Years in Prison

    Costco’s Digital Sales Surge 21% as Members Maintain Spending

    Appeals Court Says Judge Must Consider Allowing Apple to Collect Commission

    See More In: , , , , ,