Affirm is largest point-of-sale lender as industry heads for record holiday
Point-of-sale financing is gaining popularity. Payments to the industry nearly quadrupled since January 2018 and are likely to surge this shopping season.
Glossier saw sales 17 times above average last Black Friday
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.
How Amazon Prime members help Target and Walmart
Customers dramatically increase their spending at Amazon after joining Prime. Surprisingly, they also increase their spending at Target and Walmart.
Rent the Runway subscribers drive 40 percent year-over-year growth
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.
Casper leads the pack, but online mattress sales are slowing
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.