PYMNTS-MonitorEdge-May-2024

B2B Subscriptions Gain Steam, Gas Joins On-Demand Economy, Dollar Tree Raises Prices

Dollar Tree

Dollar Tree is adding more higher-priced items to its inventory as supply chain costs increase. Plus, B2B subscriptions are a key growth area, and EzFill’s $29 million IPO bodes well for the mobile fuel industry’s future.

Data:

64%: Share of consumers who buy more retail items than they did in March 2020.

$29M: Amount raised by mobile fuel company EzFill in its IPO last month.

$200M: Projected increase in freight costs for Dollar Tree this year.

1.1M: Number of retail industry job openings in July 2021, up from 781K in July 2020.

2/3: Share of American consumers with a streaming service subscription.

PYMNTS-MonitorEdge-May-2024