After a story in Fast Company detailed digitally native razor darling Dollar Shave Club’s continued relationship with Fox News firebrand–and Michael Cohen client–Sean Hannity, Twitter users were not shy in voicing their disapproval. And, in multiple instances, they cancelled their subscriptions to join rival razor clubs like Harry’s. According to the report, which posted at…
Walker & Company Brands, which owns Bevel, the shaving company for men of color and hair care company Form Beauty, which caters to women of color, is joining Procter and Gamble. The deal–Recode reported P&G most likely paid between $20 to $40 million for the company–gives Walker & Company the resources to compete with the…
As predicted, Cyber Week 2018 delivered good news for retailers. The period between Thanksgiving and Cyber Monday brought increased sales across the industry, fueling a promising start to holiday shopping. What’s behind this sales boost? We saw four trends playing a big role. Promotions are getting longer One-day doorbuster sales are out; multi-day shopping is…
Ah, superlatives–the titles we bestow upon ourselves when we graduate high school, as well as upon brands, innovations and virtually anything else that can be put into a list when one chapter ends and another begins. In this case, that chapter is the calendar year, which is why market research firm Morning Consult released its…
The digital economy in Southeast Asia is on track to hit $240 billion by 2025, which is $40 billion more than previous estimates, according to the latest e-Conomy Southeast Asia 2018 report from Google and Singapore-based Temasek, which manages investments and assets for the government. The report said the internet economy in Southeast Asia “hit…
Ecommerce has seen a slew of companies like Everlane and Cuyana promise luxury goods at an affordable price. A $100 cashmere sweater that’s sustainably made? Everlane’s got it covered. A used luxury handbag that’s still fashionable? That’s what Rebag is for. Even bespoke companies like Constorium are betting on luxury, dedicating 15 stores across the…
“Live from New York, It’s Chaturday Night Live!” At Bonobos’ New York headquarters on Cyber Monday, the clothing company tipped its cap to SNL during a sketch at its eighth annual Cyber Monday all-hands event that it cheekily calls “Ninjapalooza.” Ninjapalooza is more than just a corporate meeting. It is a way for the menswear…
Department store Bloomingdale’s has been a New York institution for 157 years (starting out with hoop skirts, which were all the rage in the 19th century) evolving into something of a cultural icon, favored by an elite clientele including First Ladies Jacqueline Kennedy, Lady Bird Johnson and Betty Ford. It’s also the site where Jackie…
U.S. consumers spent $7.9 billion online on Cyber Monday 2018, officially making it the new reigning champ of U.S. ecommerce and topping the 2017 record of $6.6 billion by more than 19 percent. According to Adobe Analytics, Americans spent 95 million hours shopping online on Monday. That works out to about 20 minutes a person….
Fewer U.S. consumers shopped for gifts and holiday items during Cyber Week this year, but trade association the National Retail Federation (NRF) is optimistic that 2018 will still prove to be a good year for U.S. retail. The NRF’s final tally was 165 million consumers who spent an average of $313.29 during Cyber Week 2018….
Key Takeaways: Thanksgiving Day is the fastest-growing online shopping day. Cyber Monday is expected to set a new record for online shopping in the U.S. with a projected $7.8 billion. Consumers placed more Black Friday orders on their phones than desktops for the first time. This Friday was the first day ever to net more…
Thanksgiving is a very American holiday, tracing back to 1621 when colonists and Native Americans feasted together following a bountiful harvest. At least that’s what Americans like to believe. While the origin of that inaugural festival is still debated, what’s clear is that in 1789, George Washington issued the first official Thanksgiving proclamation, asking Americans…
If you ask NBA Hall of Famer Shaquille O’Neal what his favorite Christmas gift was as a kid, he’ll mention an autographed Julius Erving basketball (received when he was nine) and a boom box (when he was 13). O’Neal–also known to the world as Shaq–also remembers how his dad used to pull him aside for…
Retail’s elimination of the checkout line has gained momentum all year long, and the 2018 holiday season is shaping up to be the time it truly goes mainstream. Once again, we can thank Amazon–at least in the U.S.–for blazing this trail for most retailers. In January, Amazon opened its first cashierless Amazon Go in Seattle….
Just in time for the holiday season, Snapchat’s Discover section in the app will have a new channel: “Shop and Cop.” The channel, which starts today, includes a native ecommerce experience powered by Shopify, allowing consumers to shop without leaving the app or being directed to a microsite. To kick it off, Gymshark, a UK-based…
In yet another example of “where Amazon goes, others follow,” cashierless shopping inches its way to prime time as two more startups enter the nascent space. The first is autonomous checkout company Standard Cognition, which said it raised $40 million in Series A funding to spur growth. So far, its technology is only available at…
In-car commerce company Cargo announced a partnership with mobile payment service Venmo that will let passengers buy items like snacks, gum, electronics, cosmetics and personal care items from the backseat of their Uber. Cargo says it is the exclusive global provider of in-car commerce for Uber, but a rep clarified drivers for any ride-hailing company…
Two American institutions are partnering to deliver groceries to your door. Walmart and Ford, bridging Arkansas and Michigan via a test in Miami will “explore delivery with autonomous vehicle technology” with last-mile delivery company Postmates, which Walmart said is now connected to Ford’s digital platform. In an announcement, Tom Ward, svp of digital operations for…
When you consider all of the available online grocery delivery options in the U.S., it’s hard not to think grocers and platforms alike are throwing stuff against the wall to see what sticks. Sure, online grocery offers convenience for consumers who no longer have to physically go to the store, march up and down aisles…
The world’s biggest shopping day lived up to the hype as e-commerce platform Alibaba set another retail record, selling $30.8 billion in gross merchandise volume — including $1 billion in the first minute and 25 seconds–on Singles Day 2018. To put that into perspective, it’s nearly triple what U.S. consumers spent online in 2017 for…
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