Nordstrom did not exactly have the brightest or merriest holiday season in 2018. The retailer was showing many of the same symptoms of Q4 malaise as Macy’s, JCPenney and Neiman Marcus: lower-than-expected revenue, weak same-store sales performance and falling foot traffic. Get the Full Story...
In the latest European Union sanction related to cross-border sales, Nike received a $14.14 million — or 12.5 million euro — fine. The European Commission claimed that the practices involved licensed merchandise from Manchester United, FC Barcelona and AS Roma, among other names, and took place...
To help meet customer expectations in the digital age, retailers have to know who their shoppers are and what they want. While eTailers already have this information about consumers, brick-and-mortar retailers don’t have this in-depth knowledge. New digital innovations, however, provide the promise of offering...
“Space: the final frontier. These are the voyages of the Starship Enterprise. Its continuing mission: to explore strange new worlds, to seek out new life and new civilizations, to boldly go where no one has gone before.” Get the Full Story Complete the form to...
Moving belongings into storage is no easy task, requiring labor, time and space that people often don’t have. Callbox Storage co-founder and CEO Kyle Bainter experienced this challenge firsthand when he was remodeling a master bedroom. He called around to find a unit to store his...
There is no shortage of direct-to-consumer (DTC) eCommerce firms offering luxurious, hotel-quality sheets to consumers — and doing so at a price that reflects a more middle class-focused approach to normally luxury items. Boll & Branch, Brooklinen and Parachute all offer something in that vein. Get the...
Online brands are stepping into the world of brick-and-mortar, opening their own physical locations to help consumers experience their concepts in real life with the help of digital technology. Custom eCommerce framing startup Framebridge is opening its own in Washington, D.C., and Bethesda, Maryland, that will...
In a round that brought in a $1 billion valuation for the company, clothing subscription service Rent the Runway notched $125 million in funding. Bain Capital Ventures and Franklin Templeton Investments led the investment, according to reports. Get the Full Story Complete the form to...
Amid the breakfast wars, Burger King App is turning to coffee subscriptions. The offering could help bring diners into its restaurants at the beginning of the day to discover its other breakfast menu items, CNBC reported. Restaurant Brands International CEO Jose Cil told CNBC, “We...
