Challenges And Opportunities In Retail Trends

Nordstrom

Nordstrom, among other retailers, is showing new interest in the old “store within a store” tactic. In apparel retail, Walmart hired celebrity A-list designer Brandon Maxwell to be the creative director for two of its own private-label brands. And in the economy, retail sales dropped in February from January, while in grocery, Good Eggs is expanding the concept of local eating. All this, Today in Data.

Data:

$100M: Amount of funding that grocery and meal kit delivery company Good Eggs recently raised.

90%: Share of the U.S. population that lives within 10 miles of one of Walmart’s 5,000 domestic stores.

40: Number of mini-Tonal stores Nordstrom will add within its properties.

8.2%: Walmart’s share of the total clothing and apparel market in Q4 2020.

3%: Decline in U.S. retail sales in February 2021 from January 2021.