Lord & Taylor Emerges From Bankruptcy as an Online-Only Retailer, Amazon’s Automated Checkout is Coming to Full-Size Supermarkets and Enhanced Search Brings in Revenue for Fabletics
Lord & Taylor Emerges From Bankruptcy as an Online-Only Retailer
Apparel department store Lord & Taylor LLC emerged from bankruptcy last week as an online-only retailer. The ecommerce site sells “classic favorites,” along with emerging brands and private-label brands, according to a release announcing the relaunch. Besides apparel merchandise, Lord & Taylor will also sell “first-class services and exciting events,” a spokesperson says without providing specifics. Without stores, Lord & Taylor can adapt quickly to shoppers’ wants and needs, the spokesperson says. “The Lord & Taylor brand has a powerful legacy cultivated over 195 years, and we want to continue telling its story with a new digital approach,” the spokesperson says. “We are excited to build upon Lord & Taylor’s legacy and carry the brand into a new age, with a sharp customer-centric focus, best-in-class digital platform and fresh merchandise assortment to excite and delight our shoppers,” the spokesperson says.
What stood out to us? What a progressive idea (in 2008).
Amazon’s Automated Checkout is Coming to Full-Size Supermarkets
Amazon.com is poised to bring its automated checkout technology to full-size supermarkets, a significant milestone in the race to revolutionize how people buy their groceries. Planning documents for a store under construction in Brookfield, Connecticut, contain all the hallmarks of an Amazon Fresh grocery store: a two-word logo on dark gray panels above the store’s entrance, online order pickup counter and such full-service departments as a butcher. The plans also identify a dozen entry and exit gates as well as ceiling-mounted racks to run wiring to camera arrays, a setup that until now has only appeared in Amazon Go convenience stores. Shoppers enter those locations by swiping a smartphone at the entry gate. Inside, they’re tracked by cameras, software algorithms and shelf sensors, then charged for what they take when exiting through the designated gates.
What stood out to us? Did I miss the part about being injected with tracking chips while shopping?
Enhanced Search Brings in Revenue for Fabletics
Athleisure grew in popularity, particularly during COVID-19, when consumers said goodbye to work pants and hello to more comfortable options. And Fabletics, which sells workout leggings, sports bras and other comfortable sportswear, felt the effects of that, but only after addressing some challenges posed by its online store. “We were able to capitalize on market opportunities around ‘at-home activewear,’ which put us in a strong position throughout 2020,” says Ryan Darling, director of product for Fabletics, which is owned by TechStyle Fashion Group. Athleisure apparel refers to clothing that is both “athletic” and for “leisure” (hence the name athleisure) that consumers can wear for sport and for everyday comfort. And research firm The NPD Group estimates that active clothing accounted for 28% of total apparel dollars spent in the 12 months ending May 2020, up 4 percentage points from 24% of the apparel market in the 12 months ending May 2018.
What stood out to us? Athleisure is another name for spandex pajamas.
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