Positive Developments In Retail Earnings And Faster Payments

Positive Developments In Retail Earnings And Faster Payments

Tanger Factory Outlet Centers has reported that its open-air shopping campuses nearly reached their pre-pandemic traffic levels in the last quarter. In international retail, surging Asian demand for leather bags, wallets and very high-end sneakers saw Hermès post a double-digit rise in sales for its most recent quarter. And in faster payments, request-for-payment features are helping firms and freelancers get paid on time and safeguard their cash flows. All this, Today in Data.

Data:

90%: Share of pre-pandemic traffic levels at Tanger Factory Outlet Centers’ open-air shopping campuses in Q4.

40%: Share of technology firms that have expanded or need to expand real-time payment capabilities.

85%: Share of financial execs who plan to join the RTP Network by 2023

16K: Number of people employed by the Hermès group.

12.3%: Increase in Hermès’ sales between Q4 2019 and Q4 2020.

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