Ongoing inflation has led to a boom in sales for luxury resale platforms. It has also made consumers more likely to haggle over prices to get the best deal for pre-owned clothing and accessories. For example, one reseller, Beaux Abington, who sells products on the Etsy-owned Depop and...
Pinterest is adding shopping capabilities to Shuffles, its standalone, collage-making app. With this addition, users will be able to tap each image used in a collage to see the brand and price of that item and similar items, TechCrunch reported Sunday (March 26). “[U]nlike typical...
As brands and retailers look to convert more customers, they’re also looking to increase customer confidence during checkout to keep returns down, especially as shipping costs skyrocket. To check all those boxes, brands and retailers are considering solutions that offer customers an immersive and interactive...
This week marks the last week before food stamp benefits return to “normal.” At the end of March, increases to the Supplemental Nutrition Assistance Program (SNAP) approved by Congress during the pandemic will end for beneficiaries in most states, a change that chops roughly $90...
This week in grocery, Giant and Schnucks add self-service meal options and Momofuku raises millions. Ahold Delhaize subsidiary Giant Food, which spans 165 locations in the DMV area, announced Thursday (March 23) the launch of its first in-supermarket fast-casual restaurant, a Nalley Fresh location, with...
Retailers are reportedly adding a lot of footnotes to their offers of “free” shipping. Companies are raising the threshold in terms of order size required for free shipping, reducing the speed of delivery, adding fees for those who want to get their items faster and...
For Amazon and Walmart, crafting the perfect commerce ecosystem means locking in sellers’ loyalty. Suppliers, too, to keep supply chains intact. To keep small- to medium-sized businesses (SMBs) sealed into their respective marketplaces, the two commerce behemoths are focused on the financial health of those...
TikTok CEO Shou Zi Chew testified before the House Committee on Energy and Commerce for about five hours on Thursday (March 23). Throughout the hearing, there were numerous tense exchanges on different issues, including TikTok’s connection to China and the measures taken to safeguard the...
The RealReal is reportedly shifting resources from its direct business to its luxury consignment business. One casualty of this move is the beauty products category. The luxury reseller and retailer is winding down its offering in this category after five years, The Business of Fashion...
