Bed Bath & Beyond has collaborated with ReStore Capital to launch a vendor consignment program. With this program, credit-focused investment manager ReStore Capital will purchase up to $120 million in merchandise from the retailer’s key suppliers, on a revolving basis, to increase the availability of...
From clever gift arrangements to scalp health and haircare, former Vice President of eCommerce at Edible Arrangements Erica Randerson has made an interesting pivot and is now leading growth strategy for direct-to-consumer (D2C) brand Divi. But why? “One of the things that drew me to...
This week in grocery, Stop & Shop expands its digital discounts and grocers tap BNPL. Ahold Delhaize-owned Stop & Shop, a grocer with more than 400 stores across five Northeastern states, announced Monday (April 3) that it is expanding its partnership with digital marketplace Flashfood,...
Today’s ever-more digital world has rapidly evolved consumer expectations around the shopper journey. Modern shoppers increasingly want a digital-first experience, and they want it from every merchant they shop with no matter their size. That’s according to data in the latest PYMNTS report, “2023 Global...
Etsy has launched a test of a “Make an Offer” feature for vintage items. The feature, which is being piloted for a limited time, allows buyers to make offers on items that sellers have opted to include in the test, Etsy told PYMNTS in a...
Bookstores — remember those? — have staged something of a comeback during the pandemic years, and the question now is can that really be sustained? Driven by factors from streaming media overload to the timeless appeal of in-store, in-person shopping that has roared back, bookstores...
Celebrity venture companies are the new norm. From SKKY Partners, co-founded by Kim Kardashian, to Marcy Venture Partners, co-founded by Shawn Carter (JAY-Z), celebrities are moving past endorsements and licensing deals and looking to get a bigger piece of the pie. With that, Erin and...
Fashion resale platform Poshmark has entered the world of livestream shopping. The company Wednesday (April 5) debuted Posh Shows, which allows people to livestream on the site for the first time. It’s a move that’s happening amid a boom in popularity for the resale space,...
L’Oreal’s acquisition of the Australian luxury brand Aesop from Natura & Co., announced Monday (April 3), for an enterprise value of $2.53 billion, sets L’Oreal to expand its presence in the high-end skincare market and facilitate international expansion, especially in China. Through the acquisition,...
