Tag: Shopping and Retail

It’s Emma Rogue’s Downtown Now

One morning in March, Emma Rogue hopped in the black Nissan Rogue she shares with her brother and pulled out from a parking spot across the street from her Lower East Side vintage shop, Rogue, and set her Waze for the Goodwill in South Hackensack, N.J. She had recently updated the voice on the app […]

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Stocks tumble as poor results from Target return Wall Street to worry mode.

Stocks slid on Wednesday, a drop that ended a short reprieve for investors, after Target became the second large retailer to report that inflation is taking a toll on its profitability, returning Wall Street’s focus to one of its biggest concerns this year. The S&P 500 fell 3 percent by midday, a sharp reversal of […]

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Our In-Person Shopping Hurts Big Tech

This online shopping comedown isn’t confined to one company. Other e-commerce stars including Etsy and Shopify, whose software powers online businesses for millions of smaller stores, also posted unexpectedly low sales growth or low expectations for the near future. An analysis by Mastercard showed that U.S. online shopping purchases fell in March for the first […]

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Bolt Built $11 Billion Payments Business With Inflated Metrics and Eager Investors

A Fund-Raising Guru Still, Mr. Breslow has become something of a legend in the Valley, for his fund-raising prowess and his outspoken behavior. Last summer, he self-published a 58-page book on fund-raising, described on Amazon as an “essential playbook” for start-ups. “Fund-raising is purely a matter of momentum,” he wrote. Jack Burlinson, an entrepreneur who […]

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A Nationwide Baby Formula Shortage Is Getting Worse

The manufacturer of Ashley Hernandez’s preferred baby formula for her two girls said it was out of stock on its website. Listings on eBay showed it would cost her up to $120 for a single can. So when she found a seller online offering 10 cans for $40 each, she expressed her desperation. “I have […]

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What to Wear to Return to the Office? Retailers Have No Idea.

The shift isn’t just a matter of taste — it has ramifications for mass apparel, a significant segment of the economy, and the physical face of retail, which is the second-biggest private employer in the United States. Revenue from women’s apparel in the United States was $132.7 billion in 2021, up 7 percent from 2019, while […]

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Amazon Revenue Slows, and Costs Rise

In the face of a pandemic that appears to be receding and the highest levels of inflation in four decades, Amazon on Thursday posted its slowest quarterly growth in years and its first quarterly loss since 2015. The company reported $116.4 billion in revenue in the first three months of the year, up 7 percent […]

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What You Don’t Know About Amazon

Recently, some courts have challenged Amazon’s claim that it is not a seller. In 2020, an appeals court in San Diego found that Amazon was liable for a laptop battery that exploded and gave a woman severe burns. In 2021, another California court determined that Amazon was liable for a toy hoverboard that caught fire […]

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The Fiddle Leaf Fig Is Dead. What’s the New Popular Plant?

“The ‘It’ plant is the quest,” said Katie Dubow, the president of Garden Media Group, a public relations firm that advises companies on market trends. “Everybody wants to have it, grow it, sell it.” People’s relationships with their plants deepened during the pandemic, industry experts say, and once trendy varieties started to seem dusty. Former […]

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How Barnes & Noble Went From Villain to Hero

After years on the decline, Barnes & Noble’s sales are up, its costs are down — and the same people who for decades saw the superchain as a supervillain are celebrating its success. In the past, the book-selling empire, with 600 outposts across all 50 states, was seen by many readers, writers and book lovers […]

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Loro Piana Gets a New Headquarters and Store

The imposing palazzo that sits at Via della Moscova 33 in Milan’s well-heeled Brera district was once a nexus of the local silk trade. Industrialists and artisans would travel from across Italy to the building, constructed in the late 19th century and known as the Cortile della Seta, to meet, trade and vote on industry […]

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Gopuff Buys Time for Its 30-Minutes-or-Less Delivery Promise

“Once you can execute, and obviously that’s hard, it wins in the long term,” he said. Gopuff added that it was putting a public offering on the back burner because the stock market had been volatile and it had enough cash on hand. The layoffs were part of a global restructuring, it said. Mr. Gola […]

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A Pink Parade at the End of the World

Earlier this year, while planning her 40th birthday party, Ms. Cohen decided she wanted “iconic New York.” So she booked the grand ballroom of the Plaza Hotel. “I stepped into, like, my dream brain,” Ms. Cohen said. By which she meant that her February party ended up having burlesque dancers, a confetti drop, musicians on […]

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A Gen Z Success Story

When Lisa Sahakian and her partner upgraded to a new apartment in Los Angeles last year, it wasn’t because the couple wanted a dishwasher or central air conditioning. They desperately needed a spare room to store their ceramic beads and charms. “It’s really an entire wall of beads,” Ms. Sahakian, 27, said of the makeshift […]

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On the Border, Buying Clothes by the Pound at Ropa Usada Shops

McALLEN, Texas — A mountain of clothes swallowed half of Juani Lira’s petite body, from the waist down. But the 67-year-old did not seem to mind. Ms. Lira closely inspected a pair of black shorts studded with rhinestones and tossed them behind her, unimpressed. Too flashy for her teenage granddaughter, she murmured. Ms. Lira then […]

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One Garment’s Journey Through History

With the continuing increase of anti-Asian violence and scapegoating during the pandemic, some Korean Americans have also embraced hanbok as a symbol of cultural pride in the face of xenophobic assaults. At her recent solo exhibition, “Late Bloomer,” at Hashimoto Contemporary gallery in Los Angeles, Seonna Hong, 48, displayed two handmade hanboks, “a homage to […]

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Ukraine War Reverberates in Europe’s Factories and Warehouses

PARIS — The shoes, 600 pairs in all, lay untouched inside an Italian warehouse: magenta sandals, décolleté heels and gold ballerina flats, destined for Russian boutiques but stuck in a limbo of sanctions and economic upheaval from Russia’s war in Ukraine. Sergio Amaranti, the Italian shoe company saddled with the mountain of unpaid merchandise, is […]

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After the Pandemic, I Want My Life to Be Less Convenient

One recent snowy Saturday morning, I coaxed myself out of bed, into semiformal attire and through the door to synagogue. It was the latest in a series of attempts to force myself to, well, do stuff, the kind of stuff that takes me out of my one-bedroom apartment and into human society. During the service, […]

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One Weekend in Vegas With the Nation’s Auto Dealers

The last time the National Automobile Dealers Association was able to hold its annual convention in person, the mood was far different. In a word, grimmer. Just before the pandemic, pessimism abounded among the nation’s almost 18,000 new-car dealers. Threats loomed for the traditional sales model — for more than a century, one of the […]

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In Watches, What Does Luxury Mean Now?

Until recently, most luxury watchmakers did not overthink their purpose. “A few years ago, you woke up to sell watches,” Jean-Marc Pontroué, the chief executive of Panerai, said at a media event last month in Los Angeles. “Now you think about your business in a different way.” Mr. Pontroué was alluding to a newfound sense […]

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Ralph Lauren Goes Back to School

The question of how young people today would respond to clothes of that era crossed the mind of another son of Atlanta who is known for bringing a twist and his own flair to classic Ralph Lauren looks: the rapper André 3000, who said that after the announcement of the collaboration, people began sending him […]

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Leroy Merlin, a French Chain Still in Russia, Angers Its Ukraine Workers

PARIS — Shortly after a Russian rocket obliterated one of the largest shopping malls in Kyiv on Monday, Ukrainian employees of Leroy Merlin, a home improvement store that was destroyed in the blast, commandeered the company’s Ukraine Instagram page. “Stop Sales in Russia,” they wrote, posting a picture of the shattered remains of the site, […]

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There’s No Global Shopping Mall

Many apps that Americans use are also popular across the world, at least outside China. Facebook, WhatsApp, Google and YouTube, TikTok, Uber and Netflix are shared global experiences. But shopping online or in stores has remained mostly local. People around the world don’t all buy teakettles and T-shirts from a shared big retailer like Amazon […]

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Online Brands Try a Traditional Marketing Strategy: Physical Stores

“When you open stores, your business gets much stronger in that region because people are passing by and can just walk in,” he said, adding that his clientele likes to “feel and touch our offerings and get that experience.” Mr. Soleimani declined to disclose his rent, but said he had a two-year lease with an […]

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Retail sales rose in February, but inflation is starting to take its toll on spending.

Retail sales rose 0.3 percent in February from the prior month, the Commerce Department reported on Wednesday, a slowdown in the pace of spending that suggested inflation was taking its toll on American consumers. The slower pace of growth in February — January’s retail sales had increased 4.9 percent, revised data showed — follows other indications […]

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Warehouses Transform N.Y.C. Neighborhoods as E-Commerce Booms

But the rise of warehouses has also sparked significant opposition. While they provide jobs and can lower residential property taxes by contributing to the local tax base, people across the region say the large hubs will lead to constant flows of semi-trucks and delivery vans that will worsen pollution and traffic congestion. Understand the Supply […]

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Oakland Cannabis Sellers, Once Full of Hope, Face a Harsh Reality

OAKLAND, Calif. — Across from where the Athletics play baseball sits a two-story concrete building painted bright orange and white. It is home to a cannabis dispensary called Blunts and Moore. A pair of inflatable “tube guys” flap crazily on the roof, beckoning customers with their windblown gyrations. A food truck sells tacos in the […]

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Outdoor Voices’ Ty Haney Starts New Company in Web3 Space

It would probably be a stretch to say that Ty Haney changed the way we work out. She didn’t start a boutique fitness craze; she’s not Jane Fonda. But Outdoor Voices, the athleisure company she founded in 2014, helped to popularize a fitness paradigm that has more to do with everyday movement than the body-stressing […]

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