After implosions by Farfetch and MatchesFashion — and with other blowouts possible — the future for online fashion retailers looks uncertain.
Category: Shopping and Retail
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The Fallout From the Credit Card Swipe Fee Fight
A proposed settlement between Visa and Mastercard and merchants on swipe fees promises savings, but it may also alter the economics of premium credit cards.
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Visa and Mastercard Agree to Cap Swipe Fees in Settlement
The deal could save merchants $30 billion over five years. It would also allow them to adjust prices based on the costs of accepting different credit cards.
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Where Are Men Buying Suits Off the Rack?
More than 80 answers to this question offered a sense of what styles are popular these days.
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Crafts Retailer Joann Files for Bankruptcy
After pandemic-era boom in sales, Joann has been dealing with a pullback in consumer spending on at-home projects. The retailer will become a private company owned by a group of its creditors.
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Sturbridge Show Is a Gold Mine for Vintage Clothing Buffs
Laverne Cox, Anna Sui and other enthusiasts shop at the Sturbridge Show, a gold mine for people who buy and wear exquisite old things.
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Meghan Debuts American Riviera Orchard Brand Amid Royal Family Tumult
The Duchess of Sussex released a mysterious 15-second video on Instagram, but what little is known about the brand has been gleaned from a trademark application.
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Family Dollar to Close Nearly 1,000 Stores
The chain has struggled for years. Its parent company, Dollar Tree, cited inflation, theft and reduced government benefits as challenges that had prompted the closings.
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Outdoor Voices to Close All Stores This Week
The athleisure retailer will go online only, according to employees who were surprised by the announcement.
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Walmart Wants to Teach Store Managers Compassion
The retailer brings about 2,000 managers a year to its headquarters to discuss how to relate to workers and customers, part of a U.S. corporate trend.
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After 120 Years, This Munich Jeweler Has Decided to Move
Hemmerle is leaving its historic boutique for a discreet suite down the street. “It’s more in line with who we are today,” Christian Hemmerle said.