In its U.S. initial public offering (IPO), eCommerce luxury reseller The RealReal Inc. has notched $300 million. The company priced its shares above a target range, having sold 15 million shares for $20 apiece following their marketing at $17 to $19, Bloomberg reported. Get the...
With Rent The Runway’s second tie-up to grow its reach, the fashion rental company is bringing drop boxes to four Los Angeles Nordstrom locations. The drop boxes will be at three Nordstrom locations, with one that will also be brought to the retailer’s full-line store at...
Online retailers are teaming up with brick-and-mortar merchants to make it easier for consumers to retrieve their eCommerce purchases — and potentially generate foot traffic for physical stores in the process. Amazon, in one case, is working with Rite Aid to let consumers pick up packages...
It often seems that technology makes retail innovation. It can be easy to forget that people are behind those innovations. That brings us to Jony Ive. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
The idea for Unbound Merino was hatched on a trip to Hydra Greece, a hilly city where Co-Founder Dan Demsky found himself “sweating bullets” hauling his suitcases up a hill. It was at the moment he made the connection that would launch is business. Get...
Walmart is expanding its next-day delivery service before the start of back-to-school shopping season. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS...
To provide consumers with fresh, on-the-go food in an eco-friendly way, innovators in the culinary space are bringing salads and other options to vending machines. FRESH.BOWL, for instance, stocks its kiosks with locally sourced meals that are approved by nutritionists and made at its New...
Hope springs eternal. That sense of hope is a big part of childhood, and it applies as well to retail aimed as children, as least going by current developments involving Toys R Us. That news is another recent development in the world of children’s retail,...
In the decade since Uber made its debut in San Francisco, all sorts of businesses and ideas have been dubbed the “Uber of” something. The Uber of apartments, the Uber of childcare, the Uber of dinner – this list goes on and on. But the French...
