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Luxury Retail Finds New Avenues As Brick-And-Mortar Fades

PYMNTS

Luxury retail is being revised — and in some cases, reinvented — and those trends are worth attention as the 2019 holiday shopping season approaches. One of the latest, ongoing trends is the rise of online luxury resale commerce. That’s not to say brick-and-mortar is doing well in all areas of the luxury retail world.

Retail 123
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How Cars, Streaming And Sign-Ups Make For Better Subscription Commerce

PYMNTS

For one change, that form of retail is expanding to include new and fresh areas, which includes cars and trucks. Automotive sales are increasingly going digital – and more consumers are buying more used products of all types online. According to the report , the deal comes as Carro raised some $30 million in fresh capital.

Nashville 130
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Free Phone Charging May Lure Shoppers Back To Stores

PYMNTS

Retailers are banking on a new way to get consumers away from shopping online and back in stores by solving a major headache: charging a mobile device. During a pilot phase of the QuickPoll surveys, ChargeItSpot reported a 70 to 90 percent completion rate across the eight retail clients testing out the service.

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New Carro Hire Shows How Vehicle Subscriptions Are Growing

PYMNTS

As digital and mobile technology changes the automotive market, vehicle subscription and online marketplace businesses are also growing, and undergoing changes. Automotive sales are increasing going digital — and more consumers are buying more used products of all types online.

Nashville 130
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Here Are 35 Casualties Of The Retail Apocalypse And Why They Failed

CB Insights

Modern-day retail is at an inflection point as retailers face struggling physical storefronts, massive debt, and inefficient operations, among other issues. Formerly beloved brands such as Aeropostale, American Apparel, and PacSun bit the dust in 2016, and the pace of retail deaths has accelerated since then.

Retail 78
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Car Vending Machine Company Carvana Goes Up Against Wall Street

PYMNTS

Just ask Carvana, the leading online automotive seller and a major force in changing the way people buy cars. billion, on an 82 percent increase in retail sales. That is the most organic growth of any automotive retailer ever in the U.S. Wall Street is a tough master, especially for eCommerce companies. Ontario (L.A.),

Company 130
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Food Pop-Ups Move Up To Retail’s Adult Table

PYMNTS

About 1,200 miles, one time zone and significant differences in climate and culture separate New Orleans and Philadelphia, but on Monday and Tuesday nights, that distance can seem much smaller. locations, offers a glimpse into a growing part of retail, and lessons for other such endeavors. Pop-Up Growth. Pop-Up Planning.