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October 7, 2015 at 10:42 am
At some point or another, you've stumbled upon HSN, the 24-hour television network in 96 million homes that's always selling something. Maybe you changed the channel after a brief glance, or maybe you got sucked in for a little bit longer, but you probably didn't stay long enough to actually buy something. But a lot of…
October 6, 2015 at 12:38 pm
From Birchbox to Stitch Fix, subscription box businesses are unwrapping success. You pay a monthly fee and everything from makeup to groceries to clothing is sent to your door. But Kate Hudson’s athletic wear company, Fabletics, is now under investigation after customers complained they didn’t know they were signing up for a subscription. International Business…
October 6, 2015 at 12:30 pm
Sam’s Club CEO Rosalind Brewer on Friday (Oct. 2) announced broad personnel and strategy changes that include nine top-level organizational moves for the club division of Wal-Mart Stores Inc. The Sam’s Club news came on the same day that Wal-Mart announced 450 job cuts at the home office in Bentonville, Ark. The big changes aren't a…
October 6, 2015 at 12:24 pm
Alibaba Group Holding Ltd.’s Taobao shopping website should be put back on the U.S. government’s “Notorious Markets” list for failing to stop the sales of fakes, according to a group representing U.S. clothing makers. Taobao is synonymous with counterfeits and has been unwilling to make serious reform since it was removed from the list in 2012,…
October 6, 2015 at 12:18 pm
Two California supermarket chains have entered tentative deals to buy 36 Haggen stores in California and Nevada for a combined $92 million as the struggling grocer draws the final curtain on its Southwest operations. Haggen is also trying to stir up bids for an additional 96 stores — including six in Washington and Oregon that Haggen had…
October 6, 2015 at 12:14 pm
City Sports Inc., the retailer launched more than 30 years ago in Boston by a pair of high school friends, plans to shut eight of its 26 stores and sell the rest after filing for bankruptcy protection on Monday. If a buyer cannot be found, the chain will be liquidated, according to documents submitted to U.S.…
October 5, 2015 at 11:50 am
Pinterest is hoping to be a shopping destination this holiday season, and it’s adding more partners to make that clear to shoppers. The popular online image board says it's partnered with e-commerce software providers Bigcommerce, Magento and IBM Commerce to give thousands more merchants the ability to sell products on the platform through Pinterest's Buyable Pin…
October 5, 2015 at 11:40 am
Thrillist is spinning off its e-commerce website JackThreads. Thrillist Media Group CEO Ben Lerer, discusses the focus of the company on this business.
October 5, 2015 at 11:39 am
As department stores and publishers join the ranks of those offering luxury goods online, they’re running into a new breed of competitor: makers of the designer clothing, handbags and accessories they sell. The shift is making the internet look more like the real world. Department stores, after all, compete with shops owned by the likes of…
October 5, 2015 at 11:29 am
For some, “surge pricing,” the use of algorithms to automate price increases on products and services in periods of high demand and limited supply, adheres to a basic principle of the free market economy. Others see it as a form of price gouging. Regardless of your point of view, the use of surge pricing appears…
