To change the way consumers buy home cleaning products, eCommerce companies are allowing consumers to purchase eco-friendly concentrates through the refill business model. Truman’s Co-Founder Alex Reed told PYMNTS in an interview that the direct-to-consumer (DTC) business model has “changed the landscape of a number of...
L’Oréal’s virtual reality business ModiFace will be working with Amazon to provide makeup testing technology, according to an announcement from the French beauty powerhouse. The tech will allow customers to virtually “try on” lipstick using mobile phone videos or pictures. It will work with multiple...
Mercedes-Benz has announced it is celebrating the one-year anniversary of its luxury vehicle subscription service by expanding the program to Atlanta, Georgia. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
While there are many wonderful thing to say about a cake – delicious, beautiful and perhaps even inventive or creative – it is rarely described as innovative. There are only so many ways to bake a cake – and while some elements can be varied...
To change the way that consumers buy age-appropriate toys, subscription services are focusing on offering specialized collections of play items designed for specific stages of a baby’s life. The core business for Lovevery, for instance, are play kits for those 0 to 24 months old....
Blackstone Group reportedly is paying $18.7 billion for what Bloomberg calls “179 million square feet of urban logistics properties – the warehouses used by Amazon.com Inc. and other retailers to fulfill orders from online shoppers.” Get the Full Story Complete the form to unlock this...
More American adults own their homes than rent them – fewer than two-thirds own, while a little over one-third rent. Those numbers have been relatively consistent for the last 40 or so years. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Clothing retailers like the Gap, Canada Goose and Abercrombie & Fitch are all experiencing troubling sales reports, the likes of which haven’t been seen since the Great Recession a decade ago, according to a report by CNBC. Get the Full Story Complete the form to...
When most people talk about the high-tech future of ridesharing, they are generally talking about self-driving vehicles as the next logical great leap forward. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...