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The ups and downs of the life of Gilt Group, interview with Triangle Capital partner Richard Kestenbaum

Richard is a co-founder and Partner of Triangle Capital and has been an investment banker for over 35 years. Richard has a great deal of experience advising clients in merchandising businesses, particularly in the Retail & Consumer sector. Richard is an often-quoted expert on the retail and merchandising industries....


How CVS is redefining convenience

Historically, CVS has capitalized on convenience - 85 percent of customers in the U.S. live within five miles of a CVS location - but customers' idea of convenience is evolving. To cater to these new expectations, CVS has introduced home delivery to customers nationwide. "We call it redefining convenience,"...


Hitachi and India's Largest Gov't-Owned Bank Partner on Major Digital Payments Platform

Hitachi Payments has partnered with the State Bank of India to establish a nationwide digital payments platform, according to a press release published by Hitachi Oct. 29. Under the aegis of the government's "Digital India" campaign, Hitachi will provide SBI with solutions including its Internet-of-Things platform "Lumada," which was...


Jet.com strikes deal with Blue Apron to sell its meal kits online, Blue Apron shares surge

Walmart's Jet.com is now selling meal kits by Blue Apron, as the e-commerce company tries to build out its platform and grocery assortment to compete with Amazon and Whole Foods. Starting Monday, shoppers in the New York area will be able to purchase four different meal kits for same-...


Walmart unveils Sam’s Club Now, its answer to Amazon Go, opening soon in Dallas

Walmart-owned Sam's Club will soon open a cashier-free store concept that rivals Amazon Go. Walmart unveiled a new concept called Sam's Club Now Monday that aims to bring a new shopping experience powered by smartphones into the competitive retail world. The store will be in Dallas, and at 32,000...


Levi's, Disney test Snapchat social commerce

Brief: Levi Strauss has partnered with Snapchat to sell Disney-branded merchandise at the clothing company's store at Walt Disney World's Disney Springs shopping complex in Orlando. Snapchat users can try on a virtual version of a limited-edition Mickey Mouse hat with an augmented reality lens before buying the item...


The ups and downs of the life of Gilt Group, interview with Triangle Capital partner Richard Kestenbaum

Richard is a co-founder and Partner of Triangle Capital and has been an investment banker for over 35 years. Richard has a great deal of experience advising clients in merchandising businesses, particularly in the Retail & Consumer sector. Richard is an often-quoted expert on the retail and merchandising industries....


Placemaking: A precedent for retail industry

Large retailers are following the global trend to give shoppers diverse experiences by turning their malls into destinations where shoppers can do pretty much everything. The retail property market in Thailand has remained challenging. These facts have made "Placemaking" a frequently discussed topic among retail professionals in Thailand, despite...


How Retail Stores Are Beginning To Adapt

One of the stores jumpstarting the effort is Naadam, whose hero product is cashmere sweaters. The two stores sell the same product but one is about an ethical, sustainable supply chain and the other is about a social and political message. The Lingua Franca store is also interesting because...


Can Luxury Brands Capture the Billion-dollar Opportunities in Travel Retail?

The global travel retail market, encompassing airports, 'downtown' stores and cruise ships, is expected to reach $85 billion by 2020, up from approximately $70 billion in 2017, according to Generation Research. As the industry grows, tremendous opportunities are springing up for brands and retailers. The 2018 Trinity Forum, being...


The ups and downs of the life of Gilt Group, interview with Triangle Capital partner Richard Kestenbaum

Richard is a co-founder and Partner of Triangle Capital and has been an investment banker for over 35 years. Richard has a great deal of experience advising clients in merchandising businesses, particularly in the Retail & Consumer sector. Richard is an often-quoted expert on the retail and merchandising industries....


E-commerce is winning the holidays — and killing Black Friday

Americans are spendings less and less money in brick-and-mortar stores during the run-up to the holidays, shunning the crazy lines they once formed outside big-box stores on Black Friday. The big picture: Shoppers plan to spend 57% of their budgets online but just 36% in physical stores, per a...


Beating Bezos: Top online retailers are winning shoppers by offering what Amazon can't

Successful online retail start-ups Rent the Runway and Revzilla say the key is to accept that it is impossible to compete with Amazon on overall selection and price. The first step in online retail success: Accept there are some things that Amazon does that your company could never possibly...


Consumers want holiday-shopping convenience and stores that supply it will cash in

With unemployment low, consumer confidence high and businesses starting to reap the rewards of investments in everything from people to technology, experts say retailers and brands should have a good holiday season. "We would expect everyone to have a really good year," said Rod Sides, Deloitte's retail practice leader....


Tech giant faces crucial decision over Saudi ties

An international tech giant is facing tough scrutiny over its ties to Saudi Arabia after the killing of a dissident journalist. Japanese technology conglomerate SoftBank has been silent over the controversy even as scores of other companies have moved to distance themselves from Saudi Arabia. The company has been...


Big in Japan: WeWork sees the country as its biggest opportunity for growth

Big in Japan: WeWork sees the country as its biggest opportunity for growth. The co-working company wants to have 10K users in Japan by the end of the year. WeWork is targeting Japan, with its notoriously harsh work culture, as one of its prime international markets for growth. "When...


Amway Takes Flipkart to Court Over Illegal Sale of its Products

American giant Amway, which specialises in health, beauty, and home care products, has reportedly sent a notice to homegrown e-tailer Flipkart for allowing Amway's direct sale representatives for selling its products 'illegally' on its platform. The company said it had earlier sent notices to Flipkart asking it dismiss such...


The Amazon Fashion Pop-up You NEED to Visit

Amazon, the king of of convenient shopping, is hosting its first ever UK pop-up shop in London! The Amazon Hosts Fashion pop-up will also provide different experiences every day. For the duration of the pop-up, all products can be purchased in store, or virtually using Amazon's 'SmileCode' scanning technology...


Macy's offers virtual reality experience in 70 stores

Macy's and Marxent today announced that the companies' partnership is the largest virtual reality rollout in retail history, with approximately 70 Macy's ......


The ‘Amazon of bulky goods’ launches in Australia

Auckland-based e-commerce platform launches in Australia.

The post The ‘Amazon of bulky goods’ launches in Australia appeared first on Internet Retailing.

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