Better-than-expected digital sales and fewer discounts helped set the stage for record quarterly results for rural lifestyle retailer Tractor Supply Company. In retail, Fetch Rewards is flipping the script on customer loyalty. And in faster payments, the pandemic has sped up the growth of real-time payments (RTP), with companies, banks and individuals...
Trendy online and retail eyewear chain Warby Parker is reportedly getting ready to go public following multiple rounds of fundraising over the last decade. In luxury retail, New York-based reCommerce platform Rebag has introduced a new digital pricing tool. And in banking, digital-first payment trends are shining a spotlight on debit rewards. All this, Today...
AutoNation delivered blockbuster profits as car prices and digital sales have soared. In eCommerce, TryNow is letting people try on their purchases at home to decide if they want to buy them prior to being charged. And in digital-first banking, consumers are using digital banking apps more than they did pre-pandemic. All this, Today in Data....
Iconic motorcycle maker Harley-Davidson reported that formidable retail demand, decreased dealer inventories and fewer loan write-offs fueled better-than-forecasted quarterly results. In business management, GameStop’s chief executive will be departing the video game retailer. And in dining, many vaccinated restaurant customers plan to keep ordering their food online even after the pandemic has...
The Home Depot is growing its distribution hub footprint in Florida, with new facilities in Fort Myers, West Palm Beach and Miami. In investments, eCommerce fraud protection platform Signifyd raised a Series E funding round, while in management, Amazon CEO Jeff Bezos penned his last shareholders’ letter. And in banking, consumer spending along with low...
Rite Aid experienced an unusually soft cold and flu season due to increased consumer self-care and fewer elective procedures. In dining, restaurants are using their brands to sell packaged goods amid the pandemic. And in the economy, stimulus checks lifted March retail sales by a better-than-expected percentage. All this, Today in Data. Get the...
Bed Bath & Beyond scrambled early on to adapt to pandemic store closures and then hustled to evolve with shifting consumer habits that skewed toward digital. In retail, findings from a survey on global digital commerce support the need for merchants to provide immersive and contactless experiences. And in...
GameStop has been on a wild ride for the last half of a year, with its stock price soaring amid speculation that it was either going out of business or headed to the moon. In retail payments, Gap Inc. and Synchrony Financial will part ways on their branded credit card partnership. And in insurance,...
McDonald’s has been bolstering its dependence on drive-thrus and decreasing investments in its in-store Walmart locations. In innovation, the consumers’ shift to streaming entertainment content in the early part of this century has many similarities to their recent shift to digital amid the pandemic. And in retail trends,...
