PYMNTS-MonitorEdge-May-2024

Today in Data: The Changing Face of Retail

Inflation is making it tough for even high earners to move beyond paycheck-to-paycheck living. Plus, Amazon and Target unveil environmentally-friendly store concepts and Williams-Sonoma is pushing forward with its omnichannel shopping experience.

Data

3,420: Number of solar panels on Target’s first net-zero energy store in Vista, California

185 tons: Yearly amount of carbon dioxide emissions Amazon Fresh store in Seattle expects to save

70%: Share of Williams-Sonoma sales done through digital means

60%: Share of Williams-Sonoma’s fiscal 2021 sales by existing customers

6%: Increase from December to January in consumers earning $100K or more and still living paycheck to paycheck

 

PYMNTS-MonitorEdge-May-2024