Sears Stops The Catalog Presses; Plus Scentbird Expands Past Perfume; And Hasbro Disappoints The Street
 
 
 
 
 
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October 22, 2018
 
 
 
 
  ShopTalk®
 
 
 
Scentbird And The Sweet Smell Of Direct-To-Consumer Success
 

Founded about four years ago, Scentbird has picked up more than $18 million in its Series A round — and is now looking to expand beyond the perfume subscription service that has taken it this far. Wholesaling perfume is a good way to get an "in" with consumers — but pushing its growing customer base to its private-label offerings is where the company thinks the future of its margins and retention strategy lays.

 
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  eCommerce
 
 
 
Alibaba’s ‘Singles Day’ Shopping Event Marks A Decade
 

It’s been a decade since Alibaba’s Singles Day shopping event trotted onto the eCommerce stage. The event brought in $8 million in gross merchandise value (GMV) its first year, and since then sales have ballooned to encompass more than $25 billion of GMV. And this year, the company is bringing Singles Day to several more countries in Asia, as it attempts to further bridge the online and offline worlds with promotions.  Read More...

 
  Mall Kiosks
 
 
 
Mall Kiosks Find New Life As ‘Studio Shops’
 

Mall kiosks have come a long way from selling keychains and refrigerator magnets — brands will soon be able to lease spaces to offer everything from pet accessories to furniture through Fourpost’s “studio shops” concept. The idea is to provide brands with flexible space to cultivate relationships, while serving as a platform for consumer discovery.  Read More...

 
  Today In Data
 
 
 
Driving A Digitally Determined World
 

Consumers will spend one day every week online — as in a full 24-hour period — much of it on mobile. The good news for consumers and merchants is that a proliferation of new access points into consumers’ lives means more opportunities for a contextual connection. The not-so-good news? Fraudsters also get a whole new set of troublesome touchpoints.  Read More...

 
  What's Hot Today In Retail
 
 
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