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The News, Commentary & Events that Shaped Commerce This Week
week of 6/8/2018 |
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| Click-to-Brick Success Story Warby Parker Continues to Disrupt, Innovate |
| Eyewear brand Warby Parker continues to disrupt its sector by offering affordable eyewear both online and offline, innovating and taking a “do well by doing good” approach, its co-founder and CEO told an audience at IRCE in Chicago. Here is how the brand transformed from a pure-play ecommerce brand to reaching customers both online and in store. …» |
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| Walmart’s Jetblack Marries Personalized Shopping, Same-Day Speed |
| Jetblack, Walmart's new invite-only, personalized shopping service aimed at busy moms in Manhattan and Brooklyn, allows members to get same-day orders fulfilled by texting them in, at $50 a month. It’s the latest example of the beast of Bentonville seeking to go upmarket and out-innovate main rival Amazon.…» |
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| Dick’s Sporting Goods Supply Chain Moves Include Testing Lockers |
| Dick’s Sporting Goods is moving from centralized ecommerce fulfillment to regional east and west coast operations as it revamps its supply chain to speed up deliveries while also testing pickup lockers, the company’s CEO told analysts on a Q1 call. See what other changes have contributed to the company's growth.…» |
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| Rue La La to Acquire Gilt Groupe |
| Rue La La is acquiring Gilt Groupe from Hudson’s Bay Company, which itself just purchased it in 2016 for $250 million, in a preservation merger of the two largest flash sale sites. Terms were not disclosed.…» |
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| Hudson’s Bay to Close 10 Lord & Taylor Stores As Losses Grow |
| Hudson’s Bay Company said it plans to close up to 10 Lord & Taylor stores over the next year, including its New York City flagship on Fifth Avenue, to focus on its digital presence. Overall Hudson’s Bay reported a double-digit gain in online sales but a larger overall net loss in the first quarter.…» |
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