Consumers Turn to BNPL, BOPIS to Cope with Rising Prices and Supply Chain Uncertainty
Retail TouchPoints
NOVEMBER 4, 2021
toy industry sales increased 11% in Q3 2021 from 2020, according to the NPD Group , driven by price increases, a continuation of pandemic lifestyles and fewer promotions. Adobe reports that out-of-stock messages are up 172% compared to January 2020 and up 360% from January 2019. Stressed Consumers Spread Out Spending with BNPL.
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