Bright Spots In Digital Retail

Buy now, pay later (BNPL) company Klarna has landed new venture funding. In earnings, GameStop posted better-than-expected quarterly results, and two new C-suite executives will soon begin work at the retailer. And in small business, loyalty programs could be the key to closing the gap between consumers’ interest in shopping with local businesses and their doing so in practice. All this, Today in Data.

Bright Spots In Digital RetailData:

$639M: Amount of new venture funding that Klarna has raised.

49%: Share of U.S. consumers who want banks to administer their local businesses’ loyalty programs.

$45.6B: Post-money valuation of Klarna, topping a previous $40B estimate.

39%: Share of U.S. consumers who believe it is “very” or “extremely” important to shop with local businesses.

$1.277B: GameStop’s net sales for the first quarter of fiscal 2021.


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