The Latest News in Retail Innovation & Startup

Amazon

Amazon Brings One-Hour Delivery To NYC With Prime Now

Amazon has just launched Prime Now, a one-hour delivery option for Amazon Prime members in NYC. The service will debut in Manhattan beginning today, and should roll out to additional cities through 2015. It covers tens of thousands of what Amazon calls “essential” products, including things like paper towels, batteries, toys and books.

By: Darrell Etherington. Source: TechCrunch

Beautycounter

TPG Takes Stake in Beautycounter

TPG Growth has acquired a minority stake in Beautycounter, the Santa Monica, Calif.-based personal care and beauty products marketer that relies principally on e-commerce and independent consultants to bring its “safe” beauty and personal care products to consumers.

Bricks and Mortar

Why brick-and-mortar stores still matter

I spend my days working with real-estate developers and retailers alike, and the number one issue that keeps them up at night is how to drive foot traffic to the store. In the digital age, online shopping is on the rise, but that revenue doesn’t always balance out with a decline in proceeds from the physical store.

By: Byron Carlock. Source: CNBC

Peter Thiel

Contrarian Thinking for Startups: Lessons from Peter Thiel

Peter Thiel was the founder of PayPal, co-founder of Palantir, an early investor in Facebook, and runs Founders Fund, an early-stage venture capital firm. Needless to say, the dude knows his stuff when it comes to startups.

By: Mike Chan. Source: AlleyWatch

Blue Apron

10 startups to watch in 2015

This year certainly had more than its fair share of shock value, at least in the startup world. While 2015 may not be able to live up to that, there’s still plenty of startup drama and excitement to look out for.

By: Seth Fiegerman. Source: Mashable

Shoeme

Brown Shoe Co. Sells Shoes.com Web Business to Shoeme

Brown Shoe Co. (BWS), owner of the Famous Footwear retail chain, sold its Shoes.com online division to a closely held Seattle company pushing into a market led by Amazon.com Inc. and Foot Locker Inc.

By: Spencer Soper. Source: Bloomberg

Flower delivery

NEW FLOWER DELIVERY STARTUP URBANSTEMS HOPES TO BLOOM IN NEW YORK

A colorful new startup has landed in New York: UrbanStems hopes to beat out its competition in the pricey flower delivery market by carrying fresh bouquets, wound tightly in the company’s signature burlap cloth, to your door within an hour for just $35 dollars (including delivery).

By: Marisa Kabas. Source: Fast Company

Retail Data

How a Toronto startup bridges the online and offline worlds of retail data

The perils that befell K-Mart and Sears might lead you to think offline retail’s best days are gone, says Kerry Liu. “But if you dig into the data, offline retail isn’t dying.” Other verticals – especially in higher-end, omni-channel retailers, bricks and mortar are a still key. “Ninety per cent of the spend is still offline.”

By: Ivor Tossell. Source: The Globe and Mail

Digital Kiosk

Digital Kiosks Fuse In-Store and Online Shopping

Bridging the brick-and-mortar and digital worlds, Simon Property Group and eBay Inc. have started to collaborate on creating technologies that spur traffic and improve the shopping experience in malls.

By: David Moin. Source: WWD

Omnichannel

Luxury Retailers Increasingly Adopt Omnichannel Strategies

Like beauty, luxury is in the eye of the beholder. Higher-end apparel retailers and brands have been trying to become the apple of the lucrative consumer’s eye via e-commerce and in-store, even more so since the recession ended.

By: Catherine Salfino. Source: Sourcing Journal

Glossier

Ten of Tomorrow: Emily Weiss, Glossier

Glossier, a play on “dossier,” strives to be more than a beauty brand. Its goal is to be a community. Similarly, the Glossier headquarters is a stark, white open space and all employees are seated at communal tables.

By: Jayme Cyk. Source: WWD

Weddington Way

Bridal Market Breakthrough Draws Venture Backing

Technology that makes it easier to find clothing you love is yesterday’s news. Using technology for a collaborative shopping experience and to find clothing that anticipates trends —now that’s something!

By: Geri Stengel. Source: Forbes

Tailor brands

This Service Will Instantly Design Your Company Logo for $50

Tailor Brands will design a logo for your company for $50, or their software system will design it. Once a company has worked through their workflow, it will have a logo featuring your company’s name in a unique, customized typeface that can be used on a website, business cards or your email newsletter.

By: Brady Dale. Source: PSFK