Bed Bath & Beyond scrambled early on to adapt to pandemic store closures and then hustled to evolve with shifting consumer habits that skewed toward digital. In retail, findings from a survey on global digital commerce support the need for merchants to provide immersive and contactless experiences. And in payments technology, travel and hospitality industry leaders are harnessing payments orchestration to bolster their businesses. All this, Today in Data.
Data:
94%: Share of mobile shoppers who leave a site without buying the items they saved.
70%: Portion of digital merchants that want to implement payments orchestration.
68%: Share of digital commerce in the U.S. that was done via mobile phones in Q1.
$2.6B: Bed Bath & Beyond’s approximate net sales for the three months ending Feb. 27, 2021.
1K: Approximate number of stores run by Bed Bath & Beyond Inc. and subsidiaries as of Feb. 27, 2021.