Drop the Walls is proving that what was once old is new again as the U.S.-based fashion retailer revealed to have crossed over $25 million in sales from livestreaming alone. Last month, PYMNTS discussed how the concept of live, televised shopping was initially pioneered by...
Germany’s Mytheresa is reportedly hoping to court shoppers in China’s busy luxury space. CEO Michael Kliger said the upscale eCommerce company will begin employing personal shoppers and staging in-person events as it tries to carve a space in a marketplace ruled by companies like Alibaba,...
David’s Bridal, a privately owned specialty retailer, will be forced to close all of its stores unless it finds a buyer to continue operating the bridal chain. Despite its efforts to find a buyer, the company was forced to file for bankruptcy. According to a...
Asda has launched what it calls the U.K’s largest driverless grocery delivery trial. The supermarket chain has teamed with autonomous vehicle technology startup Wayve to deliver groceries to customers using self-driving vehicles starting today, the companies announced in a news release Monday (April 17). The year-long trial — kicking off...
Men’s Wearhouse has launched a digital tool that helps grooms and groomsmen select their attire for weddings. The new Wedding Wingman “online concierge” provides attire suggestions based on the engaged couple’s answers to questions and then enables in-store staff to quickly get the styles ready...
Los Angeles is now home to an impressive new luxury storefront by Gucci that is exclusively reserved for big-spending clients and A-list celebrities. Following the departure of Marc Jacobs, Gucci initially used the location as a pop-up for its Adidas collaboration, but has since transformed...
THG has reportedly received a non-binding acquisition proposal from Apollo Global Management. The British online retail platform said the private equity firm has until May 15 to make a firm offer and that it is uncertain if it will do so, Seeking Alpha reported Monday...
Direct-to-consumer brands are increasingly using warehouse club stores to reach new, bargain-hungry consumers. As a report Monday (April 17) by Modern Retail noted, this trend is well-established but has become a larger part of consumer packaged goods (CPG) companies’ strategy as they look to expand nationally. Among...
In a bid to better align with Generation Z, Walmart has teamed up with Canadian direct-to-consumer (D2C) brand Inkbox temporary tattoos. The move marks the D2C brand’s first foray into physical stores, and the collection is expected to be exclusive to Walmart. The exclusive Inkbox...
