Grocers are expanding their in-store and online offerings as they compete with other retailers in a crowded space. Aldi, in particular, recently announced the expansion of its online grocery delivery service to all of its stores in the United States. To that end, the German...
Customized clothing and automation generally don’t exist comfortably in the same sentence, let alone in the same retail operation. Custom dressing tends to call to mind images of sketched designs and hand-sewn items, not robots or computers. Get the Full Story Complete the form to...
Lease-to-own services are making a comeback with eCommerce retailers. Overstock.com is bringing a lease-to-own purchase option to its financial service offerings. The option, provided by Progressive Leasing, allows customers to lease products for as long as a year and is available for over three million products on...
Before Ankush Sehgal co-founded Try.com, he saw the benefits of try-before-you-buy with his family’s luxury discount store that sold high-end designer brands in London. As was common for luxury retail shops, the store had a black book of VIP customers. Each time a new collection...
After its controversial Colin Kaepernick ads appeared earlier in September, the market value of Nike has grown by $6 billion. All in, the retailer’s stock has risen by 36 percent during the year, with 5 percent of the gain occurring after the release of the...
To provide a new shopping experience for wireless products, AT&T is opening a new 3,000-square-foot concept store in Seattle. The store, which is scheduled to open on Saturday (Sept. 29), is intended to be “part retail store, part coffeehouse and part hangout space,” the company said...
Following its initial public offering (IPO), luxury fashion retailer Farfetch announced that it — along with a shareholder — sold 44.2 million shares at a price of $20 each. That is above the $17 to $19 range at which the firm had advertised the shares,...
To break into the brick-and-mortar world, some digitally native retailers have opened shops inside department stores. However, they are also turning to their own stand-alone locations for larger spaces. Rent the Runway, in particular, is opening a 2,600-square-foot store in San Francisco after outgrowing its...
Just under last year’s record $9.1 billion in Halloween spending, the National Retail Federation’s (NRF’s) annual survey projects spending for the occasion will reach $9 billion this year. In addition, celebrants are expected to spend $86.79 on average this year, which is slightly higher than...
