Traditional eCommerce and brick-and-mortar merchants aren’t the only organizations that market luxury goods like handbags. ShopGoodwill.com, an eCommerce auction platform that was created by Goodwill of Orange County and is still operated by the organization, offers the same kinds of items on its site. Over 120...
Earlier this week, Hong Kong-listed luxury cosmetics firm L’Occitane International SA announced its intended $900 million acquisition of British beauty and skincare brand Elemis. The deal is the latest in a spate of acquisitions of high-end skincare brands. In 2017 Natura Cosmeticos SA’s bought the Body Shop from...
According to a settlement that was signed with a wholly owned subsidiary, Signet Jewelers Ltd. is to pay federal and state regulators penalties of $11 million for allegedly opening fake store card accounts. Sterling Jewelers, a subsidiary that operates over 1,500 locations across the country with different...
Whole Foods Market is giving up on its plan to expand its 365 stores. 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...
For many in tech Google Glass is a cautionary tale about the dangers of hype. When it arrived in 2013, there were no shortage of people who were certain it was going to be the next big thing — the phrase “the new iPhone” go...
Bebe, eCommerce, online store, loyalty program, clubbebe, website, online shopping, women’s fashion, women’s clothing, retail, news 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...
Restaurants often prepare too much food for the lunch or dinner rush, but startups are providing them with an avenue to market their surplus meals. Canada’s Feedback, for instance, lets restaurants offer time-sensitive deals to diners in hopes of tackling this challenge. Josh Walters, who...
Luxury department stores are borrowing from the past to bring customers into their stores in the digital age. That is, retailers are taking a page out of a playbook set by retailers like the now-closed B. Altman, which served tea sandwiches in its Charleston Garden,...
In a development that is said to prevent Sears Holdings Corp. from closing all of its locations, Edward Lampert has reportedly won a bankruptcy court auction for the retailer. The hedge fund executive is said to have had negotiations with the retailer’s creditors and board...
