E-Commerce
Amazon.com is addressing its counterfeiting problem, but it's going to cost sellers a pretty penny. CNBC reports online stores on Amazon that sell name brands, such as Adidas and Nike, are being told they have to pay a one-time, nonrefundable fee of $1,500 per brand. In addition, online sellers are being asked to give invoices fromโฆ
The traditional thinking has been to look at in-store success to determine an e-commerce and m-commerce strategy. However, by evaluating successful e-commerce and m-commerce strategies, brick-and-mortar retailers can create a seamless shopping experience and help meet consumersโ ever-heightening expectations. Brick-and-mortar stores are evolving as consumers expect a more compelling and personalized customer experience. While onlineโฆ
Omnichannel is a term merchants canโt avoid. Industry experts are clamoring for retailers to deploy a cohesive shopping experience across all channels. The entire strategy is contingent upon blurring lines, providing consumers a multitude of options and enabling them to interact with a retailerโs brand every step of the way. However, true "total commerce" extendsโฆ
Camuto Group has acquired Sole Society, a shoe and apparel online retailer. The move is part of Camuto Groupโs digital commerce expansion and strategy of enhancing category offerings and continuing to build on its strong accessories platform through extensions in apparel and other key classifications. The acquisition also expands Camuto Groupโs reach โ Sole Society merchandiseโฆ
In our third Game Changers profile, I interview Chris Lindland, founder and CEO of Betabrand, an online apparel retailer and crowdfunding platform. (Hereโs profile one, Meaghan Rose, Rocksbox, and profile two, Luke Sherwin, Casper.) Total Retail: Where did you get the inspiration to launch your company? Chris Lindland: From the maker movement and creative communityโฆ
Talk about a deal! One Kings Lane, an online furnishings retailer, sold for less than $30 million to Bed Bath & Beyond, according to Recode. The purchase price represents a huge discount from One Kings Lane's valuation of $900 million just two years ago, when it raised over $100 million from investors. However, the saleโฆ
Hereโs the second of six profiles of retail industry game changers. Todayโs interview is with Luke Sherwin, co-founder and chief creative officer of Casper, a mattress delivery company. (Here's profile one, Meaghan Rose, Rocksbox.) Total Retail: Where did you get the inspiration to launch your company? Luke Sherwin: In 2013, we observed people beginning toโฆ
The King of Prussia Mall, located right outside of Philadelphia and owned by Simon Property Group, just opened a 155,000 square foot expansion, increasing the mall's footprint to 2.9 million square feet. The East Coast's largest shopping center offers visitors an "unparalleled shopping experience," featuring a state-of-the-art parking garage (with speed ramps and location technology)โฆ
After being on the job for less than a year, Barnes & Noble CEO Ronald D. Boire has been ousted by the company's board of directors. The bookstore chainโs board said Boire โwas not a good fit for the organization,โ and will be replaced by Leonard Riggio, the company's executive chairman, until a permanent leaderโฆ
Welcome to the first video in our new Retail Video Spotlight Series. The first series is all about concept stores. Today, we're talking to Rachel Shechtman, founder of STORY, a retail store in New York City that takes the viewpoint of a magazine, changes like a gallery, and sells product like your standard brick-and-mortar store. Hearโฆ