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Reseller Market Maintains Momentum With Nordstrom’s Entry

PYMNTS

If there was any stigma left about used clothing it may have been erased last week as Nordstrom put its high-end brand on what it calls “re-commerce.”. percent of StockX sales had a retail multiple of 1x to 2x , meaning that resale prices were between zero and 100 percent over retail. We like the handle. It says some 57.5

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Tru Kids Teams With Candytopia For Toys R Us Adventure

PYMNTS

To bring in shoppers with new experiences, Tru Kids, the new owner of the Toys R Us brand, is teaming up with Candytopia. The play areas will open toward the end of October at Buckhead’s Lenox Marketplace in Atlanta as well as on North Michigan Avenue in Chicago. And it had roughly 1,600 stores globally.

US 101
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How The Gap Hopes To Capture Consumers With A More Open Take On Loyalty

PYMNTS

Loyalty rewards for shoppers are not new to the Gap , or its associated brands, Banana Republic, Athleta and Old Navy. For those who carry either the branded Gap card, or the Gap Mastercard (or anyone who has ever been part of a retail rewards program), the offerings are fairly familiar. We have a successful Gap, Inc.

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Meal Kit Providers Exit Q2 With Industry In Major Flux

PYMNTS

With millennials working multiple gigs, very few have enough time left to make a proper meal — if they aren’t eating out at a local restaurant. Blue Apron opened up an experiential pop-up retail location in New York City, which featured cooking classes and celebrity chefs. The pop-up opened after Memorial Day and closed in late June.

Industry 100
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How Home Depot’s Hedging Against A Downturn With Digital

PYMNTS

While much of physical retail struggled in 2017 from rapidly realigning consumer shopping habits, the team at Home Depot had an incredibly solid year, with same-store sales growing each quarter and a stock price that surged 42 percent. Despite retail’s slump, the stock market did well in 2017.

Retail 101
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Boxed And Costco Have Their Roots In A 1970s New Jersey A&P Store

PYMNTS

In another commercial , a spokesperson proclaimed, “It’s a brand-new concept: You shop at a modern supermarket with wild warehouse prices,” as the slogan “wild warehouse prices” flashed across the screen. As a result, the once-pioneering grocer entered the second tier of retailers. Incidentally, this limited selection boosts sales.

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The Wellness Economy: The Buzzy Trend Reshaping Everything From Personal Care To Real Estate

CB Insights

CPG corporates like PepsiCo, Coca Cola, Kellogg’s, and Campbell, for example, have invested in and acquired a number of brands focused on healthy snacking , while personal care incumbents like P&G and Unilever have backed natural and organic beauty brands. Meet Maya, our hypothetical wellness-focused millennial consumer.

Trends 76