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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). He said: “I think it’s absolutely ideal for department stores to do subscriptions.

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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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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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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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How to Meet and Exceed Amazon-Driven Customer Expectations 

ESW

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. Subscription Incentives Amazon Prime Day began as a sale to reward Amazon Prime members (and celebrate Amazon’s birthday). Subscriptions are a great way to earn automatic income.

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5 Trends from NRF 2023 That Retailers Can’t Ignore

Retail TouchPoints

For example, Amazon announced a new drug subscription service for Prime members, RxPass. First announced at NRF 2020, COVID has supercharged the adoption of alternative channels for medical care and wellness. We expect 2023 will be a big year for this area, and we’ve already had announcements from Amazon, among others.

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4 Tips for Retail Businesses Hungry for Venture Capital Funding

Retail TouchPoints

“In fact, we’ve made a big bet on the latter with multiple investments in companies that are focused on bridging the gap of DTC to physical, including Neighborhood Goods (the department store of the future) and Shelfleet , which allows services businesses to add retail to their locations via rentals.”

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