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FORRward: A Weekly Read For Tech And Marketing Execs

Forrester eCommerce

Le Tote Buys Lord + Taylor — A Most Peculiar Way To Buy Growth Fashion subscription company Le Tote agreed to acquire the storied (if tired) department store Lord + Taylor. We have several questions. For starters, the price. Le Tote, a popular yet relatively nascent rental company, has raised $62.5

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Moss Bros launches menswear subscription service

365 Retail

Suit and formalwear retailer Moss Bros has launched a new pay monthly subscription service for renting outfits. Moss Bros is launching a subscription service (Moss Bros/PA). When people started talking about sustainability in some cases, I think it was a little bit of marketing speak, but I think it’s real now.”.

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Selfridges Debuts New Experiences, Services to Support Circularity Goals

Retail TouchPoints

Among the new additions are the permanent inclusion of subscription and rent-to-buy programs. Additionally, the retailer has launched a new bag-focused rental subscription service through which customers will receive a different designer bag of their choice delivered to them each month.

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How Macy’s, Jacadi and Amazon Leverage the Bottom of the Funnel to Boost Conversions and AOV

Retail TouchPoints

Marketers’ traditional funnel-shaped operating model has been completely upended by the evolving and expanding world of ecommerce. Our job as marketers is how to keep them in it, and they will choose when to buy.” Our job as marketers is how to keep them in it, and they will choose when to buy.”

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How Retailers Can Control Costs Even As Return Rates Climb

Retail TouchPoints

However, apparel and department stores are elevated. Department stores are normally at 11% , but they are currently near 14%. But brick-and-mortar retailers could take a page from e-Commerce subscription services such as Stitch Fix and Rent the Runway, and turn those costs into a powerful selling point, Ventry suggested.

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4 Tips for Retail Businesses Hungry for Venture Capital Funding

Retail TouchPoints

Because it’s more critical than ever for brands and retailers to understand how investors are analyzing and responding to the broader market, the Retail Innovation Conference & Expo , taking place June 13-15 in Chicago, is hosting a panel of investors to share their perspectives with an audience of brand operators and executives.

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How to Meet and Exceed Amazon-Driven Customer Expectations 

ESW

Author, speaker and consultant Jeff Fromm puts it this way: “If [shoppers] needed groceries, they went to the market or before markets a fruit stand. If they needed a new shirt, they went to the department store. If they needed to replace a light bulb, they went to the hardware store.

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