Last week, the industry witnessed a trendy e-tailer’s demise, assessed fulfillment real estate and transformed the luxury in-store experience for consumers in China.
Sears, a victim of America’s changing retail scene, was once one of top U.S shopping destinations. Observer analyzed the retailer’s 40-year slide and how its traditional strategy and failure to stay relevant throughout the decades contributed to its downfall.
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While other teen retailers bite the dust, American Eagle Outfitters is still staying strong with Aerie. The company’s intimates segment has resulted in over 20 percent growth in comparable sales for American Eagle Outfitters and CNBC discussed how the retailer’s body-positive campaign and push into the swimwear market is boosting consumer loyalty over other competitors, including Victoria’s Secret.
Online commerce is causing industrial real estate to become more competitive across the country. The Wall Street Journal explained how many states, including New Jersey, are becoming the next big distribution hubs due to their development potential and proximity to consumers.
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Nasty Gal’s recent bankruptcy could be a cautionary scenario for other fashion startups. The Wall Street Journal noted that Nasty Gal’s turbulent leadership turnover, poor employee communication and failure to financially balance its operations accordingly contributed to the trendy retailer’s sale to its competitor, Boohoo.com.
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Alibaba is dabbling in the brick-and-mortar luxury scene. Jing Daily observed how the e-tailer’s new partnership with Bailian Group will elevate the in-store experience with digital devices and AI.
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Amazon’s affiliate rates increased and members’ finances could be taking a hit from this shift. The Verge spoke with bloggers, including Tracy E. Robey, who anticipated that her Amazon profit could decrease up to 20 percent, which could hurt her beauty business in the long run.
The coated fabrics market is booming. Global Market Insights, Inc. released a report that indicated the coated fabrics market size is projected to reach $27.4 billion by 2024, due to higher demands for better regulatory compliance in consumer goods.
Private equity firm Sentinel Capital Partners acquired Cabi Holding Co, LLC, a direct seller of women’s apparel in Canada, the U.S. and the U.K. The acquisition will boost Cabi’s market presence throughout the Americas and Europe and enable the seller to provide its technology resources to a diverse consumer base.
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Tianhai Lace was endorsed by the Hohenstein Institute for its skin-friendly lace collection. The material provider’s Skin Friendly declaration follows its Oeko-Tex 100 certification, which was awarded to Tianhai Lace for minimizing the use of potentially hazardous chemicals in its supply chain.
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Vue.ai announced the commercial launch of its AI product that analyzes garments and automatically generates a virtual figure for better garment fitting.Read more
The circular economy was on display in a multisensory presentation–from film and food to a “magic forest” fabric art installation and a tactile array of recycled and upcycled fabrics on view.Read more
There is a saying that if the shoe fits, wear it—and this startup is enabling consumers to rock their kicks in 7,429,968 different ways.Read more
Though Amazon has posted 11 straight quarterly profits, the company is looking to cut costs, even as it's reportedly sizing up Toys “R” Us stores.Read more
DeFeet has partnered with blockchain solutions provider LuxTag.io to provide an overall safer, more pleasant and efficient shopping experience for its customers.Read more
Keeping good on its promise to respond to any U.S. tariffs with measures of its own, China has added tariffs to 128 American products. It’s become a tit-for-tat in trade between the two nations.Read more
With the amount of regular foot traffic food shoppers generate, the battle for grocery dominance could determine the retail winners and losers. And Target may be on the verge of a merger to ensure it's a fair fight.Read more