Driven by younger customers, such as millennials and teens, casual luxury is bolstering sales of luxury apparel, handbags and footwear. According to research from Bain, consumers — particularly teens — are looking for low-brow statements in items such as sneakers, T-shirts and rubber sliders, CNBC...
Along with announcing the launch of Stitch Fix Kids, apparel company Stitch Fix announced that it beat Wall Street expectations on Thursday (June 7), which sent its shares soaring. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Returns can be a headache for everyone involved: merchants, customers and even the logistic middleman. And eCommerce merchants have the added difficulty of not having accessible storefronts for the customer to drop off returns. Shipbob, which started as a way to help merchants distribute online...
IKEA is slowing the growth pace it has sustained in the U.S. market, axing plans for new stores in three U.S. cities to focus on eCommerce growth. That’s after opening 13 new U.S. stores just last year. Get the Full Story Complete the form to...
Swimsuit shopping is not one of commerce’s more beloved experiences. Wearing a bathing suit is usually fun – as it implies one is poolside or on a beach – but procuring one is less so, particularly for women. Get the Full Story Complete the form to...
Adding to its technology efforts, H&M is rolling out a voice-activated mirror in a flagship New York City location. The device offers style recommendations, selfies and a route to eCommerce, Forbes reported. Get the Full Story Complete the form to unlock this article and enjoy...
Target is now more than halfway through its rollout of same-day delivery, care of Shipt and the launch of Drive Up, its curbside pickup service. The Minnesota-based retailer is now well on track to hit its goals of having these services available at the majority of...
Helping it strengthen its global reach and supply chain, Honest Co. has notched a $200 million investment from L Catterton. The size of the private equity firm’s stake in the company, which was founded by Jessica Alba, was not made public, Bloomberg reported. Get the Full Story...
New research says that the global demand for smart home devices will soon exceed sales of smartphones by 2023. 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...
