To help fuel its growing subscription business, refinance debt and widen its operations, Rent The Runway has linked up with Temasek for a credit facility of $200 million. The retailer’s subscription business, in particular, has grown 150 percent year over year since its rollout, according...
Brookstone, the specialty retailer known for massage chairs and gadgets, filed for bankruptcy protection, reported the Wall Street Journal. 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...
Japanese clothing retailer Uniqlo rolled out shopping chatbot Uniqlo IQ on Thursday (August 2), which acts as a digital concierge service. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
If one flips back in retail history — and not even back all that far, maybe a little over 100 or so years — the nature of retail was very personal, Manish Chandra, founder and CEO of Poshmark, told PYMNTS in a recent conversation. It...
In order to reach frequent shoppers and boost their brand images, beauty brands have a receptive audience for virtual beauty advisors. According to an Automat study, about half of consumers are ready to use the technology, Retail Dive reported. Get the Full Story Complete the...
Amid its digital push through its Restock Kroger initiative, Kroger has rolled out a delivery service dubbed Kroger Ship that uses third-party carriers. The offering will debut in Houston, Louisville, Nashville and Kroger’s hometown of Cincinnati, Chain Store Age reported Get the Full Story Complete the...
Today, the wait — quite literally — could be over. That is, the wait between that moment when a buyer purchases that mid-century piece of furniture (from one of the fastest-growing consignment marketplaces for home furnishings) and when it arrives to occupy that perfect spot in...
Many of us have faced the day when we realized our T-shirt collection has run out of control. Sure, you could throw out those shirts, or if they happen to be in servicable condition donate them to the Salvation Army — but it’s not always...
For every Uber Eats or Seamless, there are small food delivery platforms competing in cities across the U.S. on customer service, local knowledge and restaurant fees. In Richmond, Virginia, for example, Chop Chop allows diners to choose from a menu of 50 to 60 restaurants...
