article thumbnail

Despite Subscription Declines, Rent the Runway Plans to Go Public

Retail TouchPoints

In 2020, Rent the Runway’s active subscriber base totaled just under 55,000 , a sharp decline from the 133,500 in 2019. million in 2019. In response, Rent the Runway closed its retail stores , did away with its unlimited subscription plan and launched into resale. million from $256.9

article thumbnail

Claire’s Debuts Subscription Service as it Seeks New Ways to Connect with Gen Z

Retail TouchPoints

Jewelry and accessories retailer Claire’s is tapping into “drop” culture with its newest offering, a subscription box service called cDrop. Vero joined Claire’s from Party City in July 2019, and since then he has also launched a loyalty program in the U.S. Customers also can choose a one-time drop for $32 per box.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Albertsons Seeks Online Grocery Edge with New App, Subscription Service

Retail TouchPoints

In 2019, 85% of consumers went to stores for their grocery shopping, according to research from ShareThis. a month, the new FreshPass subscription service offers unlimited free delivery on orders of $30 or more, and free 2-hour grocery delivery and Drive Up & Go shopping in select markets.

article thumbnail

Harnessing the huge marketing potential of subscription services

365 Retail

Subscription services really took off in 2020 thanks to a combination of lockdown driving online shopping, consumers’ desire to save money, and the innate convenience of the subscription model. The subscription phenomenon. So what does 2022 hold for the subscriptions market? billion by 2025.

article thumbnail

Hyland Accelerates Its Path To Cloud: Acquires Alfresco Software

Forrester eCommerce

Both vendors were named as “Leaders” in The Forrester Wave™: ECM Content Platforms, Q3 2019 (subscription req’d). Today Hyland Software, best known for its OnBase and Perceptive content management portfolios, announced it will acquire Alfresco Software. This is a natural next step in Hyland’s recent rejuvenation strategy.

article thumbnail

The State of eCommerce Subscriptions in 2020

ESW

It’s been over a year since we first analyzed the rise of eCommerce subscriptions , and a lot has changed. Subscription services exploded, eCommerce adoption increased. This article explores the current state of the eCommerce subscription economy, the impact of COVID-19 and the opportunities still available to DTC brands.

article thumbnail

Subscription-based ecommerce and its 5 biggest challenges

GetElastic

You might be if you haven’t expanded your sales to include subscription-based ecommerce, delivering products on a recurring basis to your most loyal fans. Securing this almost guaranteed recurring revenue is tricky, and subscription boxes come with plenty of challenges you need to avoid. . Poor customer service. Delayed fulfillment.