Transitions In Retail, eCommerce And Payment Preferences
Ulta Beauty’s chief executive plans to conclude her tenure after leading the beauty and cosmetics retail chain through the growth of its store count and sales. In the markets, Coupang has been riding the sea change of the digital shift, and recently ended its first day of trading. And in payment methods, financial challenges are leading a number of younger consumers to turn to credit offerings such as buy now, pay later (BNPL). And. All this, Today in Data.
Data:
1,250: Ulta Beauty’s store count when CEO Mary Dillon announced her departure.
$49.25: Price at which South Korean eCommerce giant Coupang ended its first day of trading.
26%: Share of millennials who have used BNPL for their most recent online purchases.
10: Minimum number of BNPL providers that launched in the Middle East last year.
$1B: Amount of cash and cash equivalents Ulta Beauty had at the end of fiscal year 2020.