The McKinsey Charts of the Week

Too many Black Americans live in food deserts

In majority-Black communities, the prevalence of convenience stores means limited access to fresh, healthy food options. One out of every five Black households is situated in a food desert, with few grocery stores, restaurants, and farmers markets.

To read the article, see “A USD 300 billion opportunity: Serving the emerging Black American consumer,” August 6, 2021.

If you build it, they will ride

We assessed transport systems in 25 cities worldwide. Leaders tend to invest more in sustainable mobility options (including bike rentals, bike lanes, and ride shares) than other cities do. Intriguingly, those investments have also led to greater use of public-transport systems—the original sustainable transport option.

To read the article, see “Building a transport system that works: Five insights from our 25-city report,” August 11, 2021.

Everyone into the pool

Historically, unsecured lending offers focused on small to mid-size purchases. Now, new point-of-sale services are available in more expensive categories. Customers are dictating the terms. Most have a credit card with sufficient credit to make these purchases, but they’re attracted by easier, cheaper payment terms. Given the costs of customer acquisition, companies are loath to say ‘no.’

To read the article, see “Buy now, pay later: Five business models to compete,” July 29, 2021.

How data breaches are focusing minds

The threat of consequences drives some industries—particularly banking and healthcare—to strengthen their cybersecurity efforts. Both sectors face regulatory scrutiny and rising consumer expectations. Our survey also finds that across sectors, cybersecurity readiness varies widely.

To read the article, see “Organisational cyber maturity: A survey of industries,” August 4, 2021.