Today in Data: Forever 21 Goes Meta, NFTs as Impulse Buys, Online Sales Boost Holiday

By  |  December 28, 2021
 | 
Forever 21

Nonfungible tokens (NFTs) are becoming big business as impulse buys for some shoppers, and Forever 21 is diving deeper into the metaverse. Plus, online sales were a bigger part of buying holiday gifts this year, and will be more important for returns too.

    Get the Full Story

    Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.

    yesSubscribe to our daily newsletter, PYMNTS Today.

    By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions.

    We’d love to be your preferred source for news.

    Please add us to your preferred sources list so our news, data and interviews show up in your feed. Thanks!

    Add as Preferred Source

    Today in Data

    Data:

    8.5%: Growth in retail sales from Nov. 1-Dec. 24

    63%: Share of holiday gift recipients planning to return at least one gift

    $900B: Roblox revenue through February 2021

    16%: Share of Forever 21’s sales that came through eCommerce before COVID-19 pandemic

    Advertisement: Scroll to Continue

    $27B: Amount spent on nonfungible tokens (NFTs) in 2021 through October


    Recommended

    AI, pharmaceuticals, drug discovery

    Pharma Rewires Drug Development With AI Operations

    Crypto Advocates Urge UK’s FCA to Narrow Regulatory Scope

    IBM to Triple Entry-Level Hiring as AI Rewrites Junior Roles

    Shield AI

    Shield AI Seeks $1 Billion to Lead Global Defense Tech Surge

    See More In: , , , , ,