The secondhand market continues to boom, as resale platforms Poshmark and thredUP reported in separate earnings announcements on Tuesday (Aug. 10), with both companies doubling down on investments in their platforms in an attempt to gain the upper hand. Get the Full Story Complete the...
Digital luxury watch marketplace Chrono24 announced on Wednesday (Aug. 11) that it has raised more than 100 million euro ($118 million) in a Series C round, in an effort led by General Atlantic with participation from Aglaé Ventures. Get the Full Story Complete the form...
With continuing labor shortages, tangled supply chains, increased costs and renewed concerns about COVID-19 because of the Delta variant, it would be easy to assume that retailers’ optimism about the second half of the year is misplaced. But pent-up consumer savings and the new expanded...
Much has been written about buy now, pay later (BNPL) in recent months, and for good reason. Major payments players are stepping in, including Visa, Mastercard and Discover; and last week, Square announced plans to acquire Afterpay for $29 billion. Get the Full Story Complete...
Canada Goose’s eCommerce operation continues to grow, with a jump of more than 80 percent in the first quarter of its 2022 fiscal year after a triple-digit leap in the previous three months. Get the Full Story Complete the form to unlock this article and...
Not long ago, the digital shift was something people speculated about. The tools were in place, the tech was in line and the only question that remained was when lagging merchants would jump on the digital bandwagon. Get the Full Story Complete the form to...
In today’s top retail news, direct-to-consumer mattress brands Purple Innovation and Casper Sleep are wrestling with demand the supply chain can’t keep up with, while Amazon says it will directly pay customers for injury or damage caused by products sold by third-party merchants. Also, luxury...
Shopping and working come together in a collaboration between luxury retailer Saks Fifth Avenue and co-working space startup WeWork in a new venture called SaksWorks, according to a Tuesday (Aug. 10) press release. Get the Full Story Complete the form to unlock this article and...
Walmart is bearing down on its shoppable grocery content strategy. Cooking app SideChef announced on Tuesday (Aug. 10) that it is partnering with the retailer to release a series of five shoppable recipes targeted at families that will have less time to grocery shop as...
