Big retail brands like Dollar General can’t hire fast enough as the retail industry is contending with a combination of headwinds that are making the task of onboarding new people unusually challenging. In payment methods, buy now, pay later (BNPL) has become an increasingly popular installment payment choice. And in banking, most credit unions (CUs) are innovating to provide the digital products and services that their members expect. All this, Today in Data.
Data:
98%: Share of CUs that have invested in loyalty and rewards programs within the past year.
80%: Portion of CU members who believe their CUs innovate “somewhat” or “very” well.
75%: Share of the U.S. population that reportedly lives within five miles of a Dollar General location.
50K: Number of people Dollar General is looking to hire by Labor Day.
29M: Number of American consumers who have used buy now, pay later (BNPL) in the last 12 months.
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