This year is proving to be another tough one for brick-and-mortar stores, with Dressbarn, CVS, Party City and Pier 1 Imports being just a few of the retailers announcing closures. According to Coresight Research, more than 7,150 store closures have been announced by U.S. retailers...
Some entrepreneurs take a path that is different from inventing a new product: They take a curated selection of their favorite products and share them with others. The co-founders of subscription box service Mom Things, for instance, put those items in front of moms to...
Consumers signing up for any kind of subscription box these days knows the drill. They fill out a brief questionnaire establishing their stylistic preferences and fitting needs, and the algorithm does the rest. Generally, there is an element of machine learning over time; the longer...
With abundant choices in many aspects of their lives, consumers expect a range of options when it comes to online shopping, ranging from picking out clothes to making travel plans. And, to meet their day-to-day needs, more consumers are tapping into digital platforms seeking top-notch...
To reportedly build a licensing empire with the Sports Illustrated name, Authentic Brands Group LLC has agreed to buy the storied magazine from Meredith Corp. The move comes over a year after it was put on the block and Meredith will still manage its website...
Following the pilot-test rollout of a Whopper made with the vegetarian-friendly Impossible Burger, locations in Burger King’s St. Louis test market reportedly exceeded the restaurant’s foot traffic national average by 18.5 percent in April. The data comes from inMarket inSights, which looked at location data...
IKEA is gearing up to roll out a new retail app that will enable consumers to shop online for products they can use in their homes. According to Reuters, the move is a departure for the furniture retailer that had long driven customers into its...
Starting a store, even a digital store, can be an awful lot of work. While the digital economy is full of firms like Square, Stripe, Shopify and the like that can make it easy to accept cards and get a digital storefront up and running...
This weekend, Americans will celebrate Memorial Day – the official recognition of all who have served in the U.S. armed forces and lost their lives in defense of the nation – and the unofficial start of summer. That means the day will be marked by parades, services, laying...