Nordstrom acquired the business in 2014, wrote down its value significantly in 2016, and now is shutting down all their retail stores. The company, “has not decided on the fate of the Trunk Club branding.” Personally, I always enjoyed the […]
They’ve been focusing on sustainability in their supply chain for a while, and are making an Amazon-esque move by opening it up as a service to other brands through a B2B service called Treadler. | learn more
Especially interesting: “Today, more than half of Walmart’s top-spending families are Amazon Prime members, according to sources.” | learn more
In 2019 they used a first-come, first-served hiring policy in their warehouse. The result was a 60% decrease in monthly turnover. They’re rolling out the hiring policy to their retail stores this summer. | learn more
Matt Rutledge is not thrilled with the direction Woot.com has gone since its acquisition by Amazon in 2010. He decided (as of 2013, but I just learned about it) to start retailing his way once again. | learn more
Long before Amazon and internet retail, malls were already in trouble thanks to competition from big box stores. | learn more
The best-funded online retailer that aimed to cut out brand premiums and sell everything direct-to-consumer has shut down. They had raised $290 million, mostly from SoftBank, but couldn’t get the economics of the business to work. Some of the investment […]
From True Ventures, investors in Blue Bottle Coffee, Fitbit, Madison Reed, Peloton, and Ring. “From these experiences, we’ve developed a list of attributes they embody that we find essential when evaluating investment opportunities in next-generation brands and products.” | learn more
It’s hard not to pay attention to, and feel a bit bad about, product packing these days. “There are at least seven recently-funded startups in the eco-packing space that have individually raised $20 million or more, per Crunchbase data. We […]
“Walmart is betting on a future where its giant stores will quickly get groceries to your door, replace the doctor’s office and rent out computing power to passing drones and autonomous cars.” | learn more