Point-of-sale financing is gaining popularity. Payments to the industry nearly quadrupled since January 2018 and are likely to surge this shopping season.
Unicorn cosmetics sensation Glossier held just one major sale in 2018, and it paid off. It also attracted more returning customers than new ones; a common occurrence for the brand. And the company’s 2019 sales are up year-over year.
Customers dramatically increase their spending at Amazon after joining Prime. Surprisingly, they also increase their spending at Target and Walmart.
Rent the Runway’s sales grew 40 percent year over year, and its subscribers are more likely to stick around after one year than those of Stitch Fix.
Online sales are down at most of the top bed-in-a-box companies. Only 1 percent of U.S. consumers have purchased a mattress by mail.