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Opportunities And Future Headwinds In Retail

Verishop is teaming with Snapchat to roll out a social commerce experience with the popular image-sharing app. In retail, Macy’s is continuing to chase the under-40 consumer segment with a new private brand called “And Now This,” which is rolling out at the start of the back-to-school shopping season. And in transportation, logistical challenges could present a retail headwind in the latter half of the year. All this, Today in Data.

 

Data:

$850: The amount families are projected to spend during back-to-school season.

700M: Number of packages that were delayed by last-mile delivery in 2020.

$223B: Expected increase in costs across the supply chain in the second half of 2021.

$37B: Projected retail social commerce sales this year.

34%: Share of consumers now make purchases via mobile apps.

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