Today in Data: Ralph Lauren’s Reinvention, January Marks Big Purchase Upswing, Murky Future for eCommerce POS Companies

Ralph Lauren

Consumers treated themselves quite nicely with big-ticket purchases in January. Plus, investors and retailers are torn on what’s next for eCommerce POS companies, and Ralph Lauren is adding new capabilities to its tried-and-true apparel sales.

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Data

35%: Growth in Lightspeed’s omnichannel business last year

$20B; 315,000: Total value of Lightspeed transactions in 2021 and number of eCommerce locations, respectively

40%: Jump in Ralph Lauren’s total digital ecosystem for quarter ending Dec. 25, 2021

79%: Share of consumers making travel plans in January 2022 who did it online

$23.4B: Amount consumers spent on travel purchases in January 2022, up 33% on average