Nike remains bullish on the expansion of its digital and direct-to-consumer (D2C) business. In automotive, CarMax posted record financial results amid the firm’s push to grow its digital presence, during a supply chain shortage that is leading purchasers into the secondhand vehicle market. And in commerce, the past year has been a boon for digital businesses, particularly marketplaces and aggregators. All this, Today in Data.
Data:
452K: Number of units CarMax sold through its retail and wholesale channels.
300M: Minimum number of customers in Nike’s membership program.
$240B: Nike’s approximate market cap as of June 25.
27%: Share of consumers who are purchasing groceries for curbside pickup more often than before March 2020.
$7.7B: Revenue CarMax posted for the three months ending May 31.