Many well-known retail chains have collapsed pre-pandemic and during the pandemic, but some legendary retail brands, such as Barneys New York and Pier 1, are coming back to life in some fashion. In retail logistics, Costco is piloting curbside pickup at three New Mexico locations after resisting the idea for a long while. And in eCommerce, today’s largest competitors of traditional merchants are digital marketplaces such as Wayfair and Amazon. All this, Today in Data.
2019: The year Barneys fell into bankruptcy, due in part to rising rents at its Manhattan and Los Angeles stores.
$271.4M: Amount for which Authentic Brands Group purchased Barneys’ intellectual property.
37%: Share of surveyed U.S. consumers interested in direct-to-consumer sales.
$10: Fee per order for Costco’s curbside pickup service for New Mexico members.
1.8K: Approximate number of global locations that Toys “R” Us had at its height.