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The Rise Of Digital Retail And The Subscription Box

The Rise Of Digital Retail And The Subscription Box

May 24, 2021 at 04:00PM
by PYMNTS

VF Corporation, whose collection of brands includes labels like The North Face and Timberland, reported that digital revenue surged in its most recent quarter. In other earnings, Foot Locker’s quarterly results put a ribbon on a stellar week for U.S. retailing as its digital direct-to-consumer sales soared. And in eCommerce, Amazon has a wide array of subscription boxes for sale. All this, Today in Data.

Data:

400: Minimum number of subscription boxes that Amazon sells.

$202M: Foot Locker’s net income for Q1.

20%: Share of consumers who have access to at least one subscription.

$2.6B: VF Corporation’s revenue for Q4 of fiscal 2021.

12: Number of new stores Foot Locker opened in Q1.