Farfetch Beats Expectations With $885M IPO; Plus Walmart's VR Training Push; and Halloween's $9B Sales Season. | | | | | | | | | | | | | FaceCake On Changing The Meaning Of ‘Try Before You Buy’ | | While AR and VR are two of retail's busier concepts at the moment, FaceCake has been building up and out its retail AR/VR platform for nearly a decade. And the company has made big moves in making it easier for consumers to digitally sample all kinds of products without ever having to handle them. The secret, according to Founder and CEO Linda Smith, isn't just building AR/VR experiences for retail, but building them so they feel like a natural part of the shopping experience instead of like a curious add-on. | | |
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| | | | | | | Rent The Runway Opens San Francisco Store; Crate & Barrel Plans Restaurant | | Fashion retailer Rent the Runway is opening a stand-alone store in San Francisco. At the same time, ALDI is seeking to expand its grocery delivery service, and Crate & Barrel is reportedly bringing a restaurant to a store in Chicago. How is Rent the Runway’s new store designed with the company’s subscribers in mind, and why is the restaurant concept on-brand for Crate & Barrel? Read this week’s Retail Pulse to find out. Read More... | |
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| | | | | On-Demand Delivery Takes Flight At Airports | | Restaurants using on-demand delivery to reach customers in their homes and offices is big business. So, it’s not surprising that airport retailers would want to get in on the on-demand action and reach travelers right at their gates. Airport Sherpa is trying to tap into the demand, as it were, by offering in-app ordering and in-terminal delivery. The company’s Co-founder and CEO Patrick DellaValle explains how the service works — and why his app is designed for more than just travelers. Read More... | |
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| | | | | | Accentuating The Payments Positives, Eliminating The Negative | | There are plenty of pitfalls out there — innovation is hard to get off the ground, and hackers, crackers and cybercriminals dot all corners of the digital commerce landscape. The wins happen and deserve to be trumpeted, but the time and treasure spent fighting losses remains a pressing drain. Read More... | |
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