Mattel is relying on “scale and expertise” heading into holiday shopping season amid supply chain bottlenecks. Plus, Snapchat sees augmented reality as the key to the growth of social commerce, and all the latest news from Amazon and Walmart.
Data:
50%: Share of all digital sales owned by Amazon
56%: Share of Walmart’s total sales that come through groceries
13: Number of live-action movies based on Mattel intellectual property in development
$200M: Amount of retail sales generated for Mattel by “Toy Story 4”
200M+: Number of people who interact with augmented reality on Snapchat every day (out of 306 million active daily users)