Why Prime Day Needs More Than 24 Hours; Plus Shoplifter Assert Their Rights; and Whole Foods Employees Prickle At Changes.
 
 
 
 
 
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July 3, 2018
 
 
 
 
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Finding The Worth In The Personal Touch

 

Can an algorithm really do as well as a human stylist in helping shoppers make sartorial choices? Worth Collection President Kelly Collins doesn't think so — and believes Worth's new ability to connect shoppers to their stylists 24/7 through its app might just change the way a lot of shoppers think about clothing collections that are truly curated.

 
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  Marketplace
 
 
 
Cashing In On Returns: Marketplaces Reinvent Inventory Liquidation
 

Returns and excess inventory are a fact of retail life — and until 10 years ago, so was selling it to liquidators on the cheap. B-Stock, and its $65M capital raise, is a proof point for the power of a marketplace to change that dynamic. CEO Howard Rosenberg tells Karen Webster how the rise of eCommerce has led to gains in secondary marketplaces to monetize unsold products.  Read More...

 
  Lockers
 
 
 
The Future Of In-Store Pickup With Lockers
 

Pickup lockers aren’t just for Amazon: Retailers, such as Home Depot and Walmart, are taking a page from the eCommerce retailer’s playbook by rolling out lockers and towers to help customers retrieve their items — and bring customers into their brick-and-mortar stores. Here is how these retailers are using lockers as part of their omnichannel strategies, while helping drive additional in-store sales.  Read More...

 
  PYMNTS Data
 
 
 
Investing In The Future As It Unfolds
 

Whether one is looking at the AI explosion, the progress of mobile channels or the reset of retail, it is increasingly undeniable that the future isn’t coming — it’s already here. The question for entrepreneurs, investors and FIs is how to navigate all the possibilities without getting swept away in the waves of exuberance.  Read More...

 
  What's Hot Today in Retail
 
 
- Shoplifting Lawsuit Turns The Table On Retailers
 
- Amazon's Prime Day To Last 36 Hours
 
- Changes At Whole Foods Rankle Some Workers, Suppliers
 
- Mall Vacancy Rate Hits Highest Level Since 2012
 
- Walmart Names Ex-Amex Exec As Chief Customer Officer
 
- Colgate Looks To Invest In Online Subscription Service
 
- MoviePass Parent To Raise $1.2B In Equity, Debt
 
- Amazon Gains On Apple’s Market Cap
 
 
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