Analysis and advice from the front lines of the retail transformation.

Emerging labels can catch the eyes of inundated buyers through savvy pitching, leveraging relationships with celebrity fans and compelling social-media profiles.

After years of trial and error, rental platforms have found new ways to improve margins and acquire customers, such as focussing on niche categories. Profitability remains elusive, however.

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The additional items are a way to woo new consumers to subscribe to the monthly service even as inflation bites. “The customer is more cost-conscious than she’s ever been before,” Rent the Runway chief executive officer Jennifer Hyman said.

Nordstrom Inc forecast full-year revenue below Wall Street estimates on Thursday, signaling high inflation levels were dampening consumer spending on discretionary items while the retailer decided to discontinue its Canadian business operations to drive profitability.

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