PYMNTS-MonitorEdge-May-2024

Today in Data: Appeal of High-Value Customers, Self-Service Holidays, Ear Piercing Gets D2C Boost

Best Buy

Kohl’s and Best Buy are setting up for a self-service holiday shopping season. Plus, the direct-to-consumer approach is overhauling the mall-based ear-piercing market, and retail brands are catering to high-value enthusiasts.

Data:

61M; 226M: Number of Americans using at least one retail subscription service and number of active subscriptions in the U.S., respectively.

$20M: Amount raised in Series B round by D2C jewelry brand Rowan.

$120: Price of the Hot Wheels version of the 1982 Gucci Cadillac Seville.

$3.4B; $3B: August and September sales on NFT marketplace OpenSea.

28%: Share of consumers who prefer self-service checkout.

PYMNTS-MonitorEdge-May-2024