While most players in the world of digital retail have felt the sting of the “Amazon Effect,” extreme discount retailers, or “dollar stores,” have remained mostly immune to the onslaught thus far. They’re tallied a customer base nearly 100 million strong and have constructed plans for...
Blue Apron was the worst-performing tech initial public offering (IPO) in 2017, according to Crunchbase’s ranking of tech IPOs. The meal kit company launched at $10 before losing more than half its value and ending out the year at $4.29, representing a decline of a little...
Liza Landsman started out at Jet.com as the chief customer officer — but when Walmart came a-courting and eventually sealed the deal with the $3 billion acquisition, Landsman assumed the rule of president of Jet.com after then-president and CEO Marc Lore became the head of...
It was not a holly jolly Christmas at Starbucks in 2017, as the firm warned yesterday that sale growth would be at the low end of the forecast after all its traditional holiday drinks whiffed with the public this year. Get the Full Story Complete...
Nine West and its creditors are close to reaching a deal that would result in the struggling clothing store filing for bankruptcy and selling some of its assets. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
The coffee’s on, and so are the laptops. It’s an average day at the coffee shop, whether it’s a massive international chain like Starbucks or a local mom-and-pop café. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Try building a tower out of Legos, K’nex, and wooden blocks. How sturdy will that tower be? Probably not very, since these materials aren’t designed to mesh with one another. Legos only fit into other Legos. Wooden blocks will slide off these smooth plastic construction...
On New Year’s Day, most Americans have truly good intentions when it comes to getting fit. They’ve bought a new treadmill or elliptical; they’ve joined the local gym. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
The too-good-to-be-true deal can be the bane of luxury watch wearers looking to dip a toe into the secondary market and snag terrific savings on a designer brand. Unlike other high-end items — the ones over which manufacturers themselves keep some semblance of control in the used...