Well-known start-ups around Silicon Valley will be hoping to get another piece of your closet for their comfortable slip-sn sneakers. B Labards is moving into the clothing category by launching four new items on Tuesday: T-shirts made from carved crab shells; An ool not cardigan; An ool not jumper (britishism …
Read More »Walmart divides Black Friday deals into 3 events starting online
An employee works on a Black Friday front display at a Chicago Walmart store on November 20, 2018. Kamil Kr K Zazensky | Reuters For shoppers who can’t part with Black Friday traditions, Mart LaMart said Wednesday it still plans to hold in-store events with deep discounts. Yet the holiday …
Read More »Epidemic-bored shoppers want a meaningful holiday season
In this holiday season, shoppers are not thinking of glossy and gift oriented celebrations. Instead, many are preparing for smaller gatherings, relying on spending and directing their dollars towards retailers with similar values during the coronavirus epidemic, according to a new survey by Accenture. The vast majority of those surveyed …
Read More »Rent runway overhaul subscriptions as an epidemic reshaping business
A subscription online subscription service for women to rent designer dresses and accessories, found at Rent the Runway Store, September 12, 2019 in the US, New York, New York City. Shannon Stapleton | Reuters Rental Runway implements its membership plans, eliminating the unlimited rental option, as customers change clothes and …
Read More »Deal It It estimates that 2020 holiday retail sales will increase by 1 to 1.5%
The growth rate for retail sales this holiday season is forecast to be less strong than in recent years, according to forecasts released on Tuesday by consulting firm Deloitte. But, how growth is being muted will depend on how much high-income consumers split, and how much belt-tightening happens in low-income …
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