Bed Bath & Beyond reported another quarter of comparable sales growth as it aims to reposition itself as a “digital-first, omni-always” brand. In digital wellness, connected fitness competition is growing for Peloton. And in online commerce, art collecting underwent a digital expansion last year, marking a dramatic shift for consumers and artists who were used to galleries, auctions and in-person experiences. All this, Today in Data.
Data:
83%: Minimum share of art buyers surveyed by Artsy who have purchased art online at least once.
64%: Share of next-gen art collectors who prefer to use their mobile phones to buy art.
26: Number of store remodels Bed Bath & Beyond began in Q1.
3M: Minimum number of Beachbody’s total digital and nutrition subscriptions.
$2B: Bed Bath & Beyond’s approximate net sales in Q1.
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