Office Depot parent The ODP Corporation is splitting its B2B unit from its chain of brick-and-mortar stores. In retail, floral delivery upstart UrbanStems just closed a round of funding and is on pace to see its busiest week ever due to a surge of Mother’s Day orders. And in dining, eateries stepped up their off-premises ordering and payment offerings to satisfy customer demands amid the pandemic – and it appears that these changes are here to stay. All this, Today in Data.
2014: The year that UrbanStems launched (on Valentine’s Day).
44%: Portion of married parents who would spend more on food orders if they could pay online.
$20M: Amount of funding that UrbanStems recently closed.
$2.5B: Approximate market cap of The ODP Corporation.
$1B: Reported sales for ODP’s retail division in Q1 of 2021.
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