Subscription commerce is all the rage and shows every sign of continued growth in the next decade. Churn remains a challenge in the space, however – although there are some solutions to the problem. And in retail, self-service kiosks have been gaining popularity, while cutting-edge technology such as biometrics is starting to enter the quick-service restaurant (QSR) space. All this, Today in Data.
Data:
600: Square footage of Caribou Cabins stores that offer outdoor seating, a drive-thru and a walk-up window.
41.2M: Approximate number of American adults who subscribe to a retail product offering.
22 percent: Share of consumers who used kiosk ordering last year.
20.1 percent: Share of retail product subscribers who plan to terminate their services in the next year.
13 percent: Approximate share of consumers who prefer to buy products on a one-time basis.
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