The Business of Fashion
Agenda-setting intelligence, analysis and advice for the global fashion community.
Agenda-setting intelligence, analysis and advice for the global fashion community.
BENTONVILLE, United States — Wal-Mart Stores Inc.'s e-commerce store won't be offering free unlimited shipping this holiday season, encouraging shoppers instead to buy items online and pick them up at one of its more than 4,600 U.S. stores.
Customers who spend less than $50 on Walmart.com will either have to pay for shipping or arrange to have their items sent to a store, the Bentonville, Arkansas-based company said on Thursday.
The move is a gamble that Wal-Mart can leverage its massive brick-and-retail chain in its fight with Amazon.com Inc. Wal-Mart also is adopting a service that customers check-in with their smartphones when they arrive at the store, alerting the staff and expediting the buying process. The company has been testing the mobile check-in system at its Sam’s Club warehouse stores.
By Shannon Pettypiece; editors: Nick Turner, Kevin Orland.
Fast-growing start-ups like Hettas, Saysh and Moolah Kicks created sneakers designed specifically for active women. The sportswear giants are watching closely.
The companies agreed to cap credit-card swipe fees in one of the most significant antitrust settlements ever, following a legal fight that spanned almost two decades.
In an era of austerity on Wall Street, apparel businesses are more likely to be valued on their profits rather than sales, which usually means lower payouts for founders and investors. That is, if they can find a buyer in the first place.
The fast fashion giant occupies a shrinking middle ground between Shein and Zara. New CEO Daniel Ervér can lay out the path forward when the company reports quarterly results this week.