To change the way that consumers buy age-appropriate toys, subscription services are focusing on offering specialized collections of play items designed for specific stages of a baby’s life. The core business for Lovevery, for instance, are play kits for those 0 to 24 months old....
Blackstone Group reportedly is paying $18.7 billion for what Bloomberg calls “179 million square feet of urban logistics properties – the warehouses used by Amazon.com Inc. and other retailers to fulfill orders from online shoppers.” Get the Full Story Complete the form to unlock this...
More American adults own their homes than rent them – fewer than two-thirds own, while a little over one-third rent. Those numbers have been relatively consistent for the last 40 or so years. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Clothing retailers like the Gap, Canada Goose and Abercrombie & Fitch are all experiencing troubling sales reports, the likes of which haven’t been seen since the Great Recession a decade ago, according to a report by CNBC. Get the Full Story Complete the form to...
When most people talk about the high-tech future of ridesharing, they are generally talking about self-driving vehicles as the next logical great leap forward. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Through a televised experience, Lacoste plans to enable French Open viewers to purchase clothing via “on-air shoppable moments.” The opportunity will come through NBCUniversal’s ShoppableTV experience, RetailDive reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Some entrepreneurs are inspired to start companies because they spot unmet needs in the market: Frontdesk Co-Founder and Chief Growth Officer Jesse DePinto, for instance, saw the amateur nature of home shares but the opportunity for something better than a hotel. The company saw the...
Technology companies are opening brick-and-mortar stores to let customers try out their products in real life. Microsoft, for instance, plans to open a flagship London store in mid-July. The three-story, 21,932-square-foot location is set to be located on Oxford Circus, adding to Microsoft’s existing physical...
At a time when Foursquare has notched $150 million in fresh funding, the location technology company has acquired Placed from Snap Inc. David Shim, the founder and CEO of Placed, will become Foursquare’s president, according to reports. The deal’s terms were not made public. Get...
