Direct-to-consumer (D2C) hybrid brand Spiceology is on a mission to get chefs and consumers to experiment with flavor, as home cooking has become popular and eateries are beginning to rebound from COVID-19. In merchant innovation, many retailers are in the middle of a journey to digitize operations and bolster sales. And in payment methods, a number of luxury merchants are turning to flexible payment solutions like buy now, pay later (BNPL), as greater numbers of consumers move online. All this, Today in Data.
Data:
500K: Approximate number of packages that Spiceology employees will pack during the month of October.
100M: Minimum number of U.S. consumers who have switched to shopping online since the pandemic began.
46%: Share of consumers who now use contactless payment methods.
19%: Portion of digital beauty purchases made using installment payment methods.
$4.7M: Amount of funding Spiceology recently received.
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