Retail Reborn Episode 3: The Future of Digital Commerce
Doug Stephens speaks with innovators about the technologies and business models driving a new era of online retail — with guests including Shopify President Harley Finkelstein, Christina Fontana, head of Tmall’s fashion and luxury division in Europe and Neha Singh, founder of Obsess.
With consumers expected to buy less this holiday season, categories poised to outperform the industry include off-price and personal care. But brands can still appeal to shoppers by conveying a sense of value, whether through discounts or a point of differentiation.
More than a handful of brands confirmed reports of chronic late payments that sparked some vendors to halt shipments to the US department store. Owner Hudson’s Bay Company said it raised $340 million to help fund its retail operations.