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July 27, 2015 at 4:03 pm
CurrentC, an electronic payment system backed by many of the biggest retailers in the U.S., will begin a limited public rollout in August, Bloomberg News reported on Friday. The smartphone-based technology is intended to rival payment services from Apple, Google and Samsung, and an August launch would be in line with the "mid-2015" schedule the…
July 27, 2015 at 3:53 pm
Apple is preparing to expand the sales effort behind the Apple Watch after it was announced that Best Buy will begin selling it in its U.S. stores beginning on Aug. 7, making it the first independent retailer to stock the wearable device.
July 27, 2015 at 3:47 pm
It took luxury-goods makers about a decade to realize that the internet represented an opportunity. Now, they’re finally figuring out it’s also a threat. As companies from LVMH Moet Hennessy Louis Vuitton SE to Kering SA increasingly sell online, top brands are stepping up efforts to combat web sales of counterfeit and grey-market goods. Gucci…
July 27, 2015 at 3:38 pm
Amazon.com wants to change how shoppers tackle a top weekend errand: going to the grocery store. The e-commerce company is reportedly developing a drive-up store concept in California, according to the Silicon Valley Business Journal. It would allow shoppers to order grocery items online and then schedule a pickup at a dedicated facility. The project…
July 24, 2015 at 4:32 pm
lululemon athletica — that company of see-through yoga pant infamy that arguably singlehandedly launched the “atheleisure” trend in comfortable, everyday sportswear — is introducing a specialty beer, the Curiosity Lager. The beer comes in a 500 ml slender can, has 4.6 percent alcohol, printed with a geometric array of Pacific Northwest motifs: a totem pole,…
July 24, 2015 at 4:28 pm
Attention '90s girls: Limited Too is making a comeback, and it's just as bejeweled and sparkly as you remember. The tween chain store, which closed its doors in 2008, is reopening in 2016 after being acquired by brand management company Bluestar Alliance, which also owns upscale brands like Nanette Lepore and Catherine Malandrino.
July 24, 2015 at 4:24 pm
Starbucks is teaming up with ride-sharing service Lyft in the coffee giant’s newest effort to expand its loyalty program beyond its cafes. Under the deal, riders and drivers who use Lyft’s mobile app, which facilitates carpooling, will be able to earn Starbucks loyalty “stars,” which can be redeemed for food and drinks at Starbucks outlets.…
July 24, 2015 at 4:21 pm
Investors loved Amazon.com's quarterly profits so much Thursday that the online retailer is now worth more than the nation's top retailer, Wal-Mart. Shares of Amazon soared a staggering $81.82, or 17 percent, to $564.00 in afterhours trading. That jump makes Amazon worth $262.7 billion — which is 12 percent more than Wal-Mart's $233.5 billion market…
July 24, 2015 at 4:15 pm
Levi’s is overhauling its namesake brand’s entire women’s line. The company, founded in 1853, has survived the Civil War, the Great Depression, and other epochal threats, but in the last two years it’s been tormented by an enemy none of its executives saw coming: yoga pants. Comfortable and flattering at the same time, athletic pants…
July 23, 2015 at 2:41 pm
Fresh off of her victory against Apple Inc., Taylor Swift is taking on an even more ambitious challenge: conquering China. The singer is teaming up with JD.com Inc., the second-largest e-commerce company in China, to sell a new fashion line designed specifically for Chinese shoppers. Dresses, sweatshirts and other tops will be available in August…
