Gap and Costco cited sizable growth in eCommerce sales in their quarterly results, but Gap plans to close stores as Costco looks to expand its brick-and-mortar footprint. In acquisitions, Amazon plans to buy iconic film studio MGM. And in consumer finance, banks face the task of balancing security with convenience as more customers need to onboard at financial institutions. All this, Today in Data.
71%: Share of all financial institution customers who now regularly bank online.
56%: Increase in Gap’s Athleta net sales between Q1 2021 and Q1 2019.
43%: Portion of consumers willing to recommend products or services based on their onboarding experiences.
21: Number of net new warehouses Costco plans to add this year.
$8.5B: Approximate price for which Amazon plans to purchase iconic film studio MGM.
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