Category: retail therapy
Allbirds will now sell you “used” shoes.
I had just finished a conversation about resale as a market when the shoe company Allbirds emailed me to announce they’re now selling “slightly imperfect and gently used products.” I love it! | learn more
Was Amazon actually price-fixing?
They ended the program after Washington state’s Attorney General sued them. “It was billed as a way for sellers to avoid constantly monitoring and changing product prices. Instead, Amazon would optimize the price, guaranteeing sellers a minimum price. The lawsuit […]
A warning to angel investors.
From investor Phil Nadel. “Why am I telling you this? Because I am concerned. Concerned about the current startup investing environment, concerned about the lack of due diligence, concerned about the impact of FOMO (fear of missing out) overcoming investors’ […]
The inside story of Facebook Marketplace.
The inside story of Facebook Marketplace, as told by Deb Liu. She led the team that pitched, built, launched and scaled the world’s second-largest marketplace. It’s also my favorite place to sell random items like my old Apple TVs. | learn more
Crypto kicks and the metaverse.
“Web3 and DTC are natural partners and Nike will be of the first major retailers to iterate around Web3 principles. It’s not just a new revenue stream: it’s community and status.” | learn more
How Shein beat Amazon at its own game — and reinvented fast fashion.
Here’s a crazy stat: “In June, the company accounted for 28% of all fast fashion sales in the U.S. — almost as much as both H&M and Zara combined.” | learn more
JPMorgan Chase has unleashed a lawsuit blitz on credit card customers.
“After a nearly decade-long pause, Chase has resumed suing indebted customers.” This is ProPublica so there’s a bit of bias here (as if the bank should never try to collect debts). But something’s truly broken when their lawsuit tactics cast […]
Harvard Business Review wants brands to enter the metaverse.
I’m a bit skeptical of all the noise about metaverse these days. Where was everyone a year ago when zero people were talking about this? Is this really go time? My good friend and almost-40-year-old tech luddite has mentioned it […]
The Amazon empire strikes back.
Stratechery: “Amazon’s owning the end to end supply chain makes it harder for merchants to ditch Amazon. Because the alternative logistics network form China are more expensive and more prone to failures. Investment years ago creates value and loyalty today.” | learn […]