Rent the Runway has opened an 8,300 square-foot store in San Francisco. 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 Today. By...
Jewelry is big business in the United States — but selling it in most case has proven to be a hill too steep for most startups to mount. Overall, the U.S. jewelry market is worth about $70 billion annually — so there is plenty of...
In the digital age, Amazon has reportedly aided millions of small businesses in flourishing. The eCommerce retailer claims it has helped 1.9 million small and medium-sized businesses (SBMs) in the U.S. to take in more than $160 billion last year, USA TODAY reported. Get the...
Some entrepreneurs start companies based on experiences with their own pets. DogSpot Co-Founder and CEO Chelsea Brownridge, for instance, began her company because of her dog Winston. While she likes to get him out of the house as much as possible, there were times when she...
To make life easier for their customers, many businesses are adopting the subscription business model. From consumer goods and hardware to eCommerce and internet of things (IoT), innovators are allowing shoppers to have products and offerings regularly delivered to them. Get the Full Story Complete...
With the potential for the adoption of online shopping, analysts are optimistic about Jumia Technologies Inc.’s future and have found positive tailwinds for growth. While eCommerce penetration is approximately 20 percent for China, it is reportedly much lower in Africa at only roughly 0.5 percent...
Walmart is the latest example of the power of pets in retail — a power that is having significant influence among various merchants competing for the loyalty and dollars of pet owners. As well, if done well, pet retail can serve to increase foot traffic...
As retailers shutter locations from the heartland to big cities, the latest update on the state of retail from New York’s storied Fifth Avenue says that rents are falling and vacancies are rising – showing that even a flagship address can’t escape the realities of...
For couples planning weddings this spring, the big day may get the majority of their focus, but the honeymoon will command a large share of their spend. Among couples that opt for a traditional wedding (defined in this case as any non-elopement), nearly all will...
