Overstock May End Blockchain Business | Lowe’s Offers Prepaid Credit Cards | Nordstrom Sizzles But Macy's Fizzles

"Alexa, when is trash collection? Is the City Council meeting tonight? What time does the library close?" The city of University Park, Texas is the next to introduce a city-wide custom skill set for residents who use Amazon's voice assistant, Alexa. It follows in the footsteps of Los Angeles, and the state of Georgia is up next. What makes Alexa such an appealing tool for municipalities, and if she's so qualified for the job, then why don't we have coast-to-coast Alexa City? Read More...

Yes, Macy's earnings were better than the Street expected, but those expectations were hardly a high bar. The sales declines continue, the guidance was soft, and yet, there were a few, OK, very, very few bright spots, if you took the time to look backstage. Read More...

Shift In Luxury Consumers

The key luxury consumer may surprise some in the retail industry. As millennials wait until an older age to get married and have more of a focus on career, this group is become the majority in the high-end purchasing arena. Read More...