Emerging Trends In Digital Commerce And Earnings
Google is tweaking shopping tab features as searches for “discount code” soar. In mattress retail, Sleep Number reported profit and sales below Wall Street’s expectations as component shortages and issues with suppliers slowed deliveries. And in healthcare, Johnson & Johnson’s growth in its most recent quarter was fueled by medical devices and consumer products. All this, Today in Data.
84%: Share of consumers who have checked online for discounts or sales in the last 12 months.
50%: Increase in Google searches for discount codes since last year.
$23B: Approximate sales Johnson & Johnson reported for the three months ending June 30.*
15: Number of new stores Sleep Number plans to open by the end of the year.
$2.392B: Approximate market cap of Sleep Number Corporation as of July 21.