Some brands continue to seek market share for shoppers seeking lower-priced luxury, even as competitive sales slow. After decades of defining themselves through exclusivity and personalized services for a price, luxury brands have leaned into offering consumers luxury for less. Although some brands experimented with affordable luxury as far...
The pandemic-era supply chain issues that hit the car industry may have abated. But that doesn’t mean things are back to normal, and — as Seeking Alpha noted in a report Sunday (Sept. 3) — that’s good news for the used car sector. According to...
A California bill proposing to hold platforms accountable for social media addiction has died in committee. As Bloomberg News reported Friday (Sept. 1), this marks the second year in a row the bill has failed to get past the committee amid heated opposition from big tech companies....
Chanel is opening a diner in Williamsburg, Brooklyn — but don’t expect the typical diner-esqe grubs — burgers and french fries, as it wouldn’t be on brand for the fashion house. Instead, between Sept 8 and 10, guests will be seated in diner booths at...
Experlogix has expanded its suite of B2B commerce offerings to the North American market. The company said in a Thursday (Aug. 31) press release that it made its Digital Commerce platform available in the United States and Canada in June, optimizing it to support operations in those countries. Experlogix...
As Target continues its rollout of sortation centers, the retailer is learning that these facilities allow it to serve more customers, faster. The sortation centers are designed to save time and space for store teams by removing the sorting and packing process from store backrooms. They’re also...
At first glance the latest open banking stats coming out of the U.K. might hint at a seismic shift in payments across the pond. And would signal that open banking might be a proverbial slam dunk in the U.S. But dig a little deeper and...
Zilch is reportedly exploring options for an initial public offering (IPO), with the London Stock Exchange (LSE) being a potential listing venue. According to CEO Philip Belamant, the buy now, pay later (BNPL) firm has been in talks with officials from various stock exchanges, including the LSE,...
With consumers’ restaurant aggregator orders becoming routine, homemade meal delivery app Cookin seeks to bring discovery back into the experience, adding a personal touch. The app, which delivers meals from professional home cooks, launched in Toronto last year and came to the United States with its entry into Dallas,...
