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How Clothing Stores Are Driving Retail Innovation

Clothing stores, in particular, are trying out new ways to showcase and sell items. In some cases, retailers are dedicating small spaces to brands inside their brick-and-mortar stores. Clothing and apparel stores had an average index score of 45.3. Dick's Sporting Goods is stepping up its omnichannel efforts after...


4 surprising facts about retail's new entrepreneurs

You likely know that retail is evolving. Retailers are increasingly engaging in new forms of customer engagement, new store concepts and bold new ......


Interview: Dirty Lemon Founder On Beverage Innovation And Next-Generation Customer Loyalty

... how he is pioneering a new kind of beverage brand built around strong customer relationships, seamless retail technology, and innovative product....


Amid Amazon Effect, CVS and Walgreens Look Beyond Retail Shelves

But Olivela Founder Stacey Boyd thought that perhaps it could be, and that retail philanthropy could have a future, if consumers could purchase things ......


The collapse of an American retail giant

ONCE UPON a time the thud of the Sears catalogue on American doormats brought the possibility of a shopping bonanza. At one point it was the world's largest retailer. On October 15th its parent firm, Sears Holding Corporation, filed for Chapter 11 bankruptcy, bringing a storied name in shopping...


The disruption of retail continues as fashion goes to the office

Two fast-growing disruptors - one that rents clothes and the other that rents co-working office spaces - have entered into a partnership. Clothing rental service Rent the Runway has teamed up with WeWork to install drop-off boxes with self-service technology in the lobbies at 15 WeWork locations in six...


3 Strategic Pillars to Build Loyalty With a Hispanic Audience

With today's diverse, tech-savvy and more demanding audience, you have to create an experience from the moment a consumer first interacts with your brand. I inteviewed Pablo Guzman, Vice-President of Sales - Hispanic Markets, at Keurig Dr. Pepper Inc. Guzman is a passionate and well-respected Hispanic market leader with...


Hermès Launches Its First-Ever Chinese E-Commerce Site

Following in the footsteps of major rivals like Louis Vuitton and Gucci, the classic French brand launched its Chinese e-commerce website on October 17, signaling a campaign to capture the country's free-spending online luxury shoppers. Hermès's chief executive officer Axel Dumas disclosed the plan to launch the Chinese e-commerce...


Interview with Forte Fitness CEO Lauren Foundos on the future of fitness distribution and commerce

Interview with Forte Fitness CEO Lauren Foundos on the future of fitness distribution and commerce...


Why curated retail is a global fashion fad?

Japanese retailers such as DeuxiemeClasse in Osaka and Birdhouse in Tokyo, Story in New York, Easybuy and Breya in India are some brands that ......


Chinese Whispers: Zegna and Canali Join JD.com, and More

JD.com sees two more Italian luxury brands join its platform - JD.com. Last week, two Italian menswear brands Ermenegildo Zegna and Canali announced their partnerships with China's second-largest e-commerce firm JD.com. Zegna is about to launch a virtual pop-up store on TopLife, JD's premium platform, to sell the brand's...


Voice-first, AI, AR: Three technologies race to again change how we shop

Now, a handful of innovations are vying to again change how we buy as these technologies move from the emergent to the mainstream. Look behind the curtain and it's easy to see how AI is already changing how we shop. AR was supposed to change how we shop by...


Sears, once the largest retailer in the world, is closing hundreds of stores and reportedly planning ...

AP Photo/Mary Ann Chastain AP Photo/M. Spencer Green AP Photo/Paul Sakuma AP The company's revenue declined substantially from $36.2 billion in fiscal 2013 to $25.1 billion in fiscal 2015. In 2016, 24/7 Wall St reported that Lampert was the most hated CEO in the US, based on ratings and...


Amazon eliminates monthly bonuses and stock grants after minimum wage increase

Amazon garnered praise for raising the minimum wage for its hourly workers to $15 yesterday, but the widely-publicized move also came at the expense of monthly bonuses and stock options. The company explained its decision to shift to a new stock purchase program in the announcement blog post yesterday,...


Amazon to remove some perks and financial incentives with minimum wage bump

Some Amazon employees may make less money despite the company's decision to raise its U.S. minimum wage to $15, Yahoo Finance reports.

The details: Although Amazon employees may make more per hour, warehouse workers told Yahoo Finance that the company is removing perks and incentives — such...


The Big Surprises in Tencent/BCG’s Report on Chinese Luxury Shopping

Executives of Chinese technology giant Tencent Holdings, in New York City for the marketing industry's annual "Advertising Week" events, released the striking results of a report done with Boston Consulting Group on the digital behaviors of Chinese luxury consumers. Chinese luxury consumers will account for 40 percent of the...


Why Fashion Stores Shouldn't Join Amazon's Data Behemoth

Largest acquisitions in fashion & fashion e-commerce in 2017-2018. While many major brands have already surrendered to Amazon's allure of supreme online traffic, brands and fashion stores should resist joining forces with the data monster that is ultimately set out to consume them. For the same reason, having their...


Why Amazon is fighting for $15

Amazon didn't just wake up one morning and decide to be nice. Well, as Derek Thompson observes, though surely all retailers would prefer to pay lower wages rather than higher, if everyone has to pay higher wages, Amazon probably wins, because "As the industry leader in robotic technology, Amazon...


eBay accuses Amazon of using its messaging platform to poach sellers, sends cease-and-desist letter

eBay sent a cease-and-desist letter to Amazon this week, accusing its e-commerce rival of using eBay's messaging platform to poach sellers. The Wall Street Journal reported that eBay found 50 Amazon sales reps around the world who sent more than 1,000 messages to eBay sellers. In the cease-and-desist letter...


Saudi Arabia denies halting multi-billion dollar solar project with Softbank

WSJ reported early this week that Saudi Arabia was said to have “shelved” plans to build the $200bn with Japan's Softbank in favour of a broader ......