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February 27 2014

February 20 2014

February 11 2014

RFID Tags Track Marijuana From Seed to Sale, in Colorado
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On New Years Day, Colorado became the first state to legalize the sale of recreational marijuana. The new legislation has provoked a Denver-bound flood of "Ganjapreneurs" and kickstarted what is sure to be a very profitable pot tourism trade

Yet the business is far less hippie and far more button-down than it appears

The Colorado state government enforces the sale of marijuana with a set of regulations (500 pages in all) designed to shut out the black market. For one, it stipulates digital tracking of marijuana plants from seed to sale, using radio frequency identification (RFID) technology

The cannabis industry is generally eager to comply with even the most stringent government regulations, thereby proving the marijuana market can be both lucrative and legitimate. However, implementation problems have slowed the retail pot business's anticipated boom Read more...

More about Law, Features, Business, Retail, and Tech

February 07 2014

Marc Jacobs Pop-Up Shop Takes Tweets, Instagrams for Payment
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Marc Jacobs will open the doors to his Daisy fragrance pop-up store in Manhattan on Friday, but unlike other retail locations, no money will be exchanged. Instead, you can walk out with products in exchange for sending tweets, Instagram photos and Facebook posts

Called the Daisy Marc Jacobs Tweet Shop, located in New York City's SoHo neighborhood, the concept store is embracing "social currency." By snapping photos and posting messages with the hashtag #MJDaisyChain, visitors are awarded with Marc Jacobs-branded gifts when exiting the store. This ranges from perfume and necklaces to even purses (the best Instagram photo of the day will win a handbag). Each visitor then visits the front counter to receive a gift Read more...

More about Mobile, Social Media, Retail, Marc Jacobs, and Business

January 20 2014

The Top 10 Reasons Why Your Website Is Losing Sales
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The online retail game is not an easy one to win, but new research and analysis might help cast a light on the glaring problems causing your site to lose sales and customers.

Collecting user feedback and complaints from 400 websites over three years, Qubit has narrowed its findings to 10 main problem areas. The results paint a picture of a consumer with much higher expectations for retail websites and their user-friendliness.

Based on Qubit's research, here are the top 10 complaints that online shoppers have about their retail sites of choice. Read more...

More about Online Shopping, Features, Business, Retail, and Online Retailers

January 07 2014

3D Augmented-Reality Makeup Mirror Could Transform Beauty Shopping
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Deciding on makeup products can be a trying task: Women try on different shades, remove them and then repeat the process all over again. But a new 3D augmented-reality technology aims to make color testing much easier.

At the 2014 International CES in Las Vegas, facial-recognition company ModiFace launched its 3D Augmented-Reality Makeup and Anti-Aging Mirror, which simulates makeup products, and shows you how they’d look on your face in real-time — without having to upload a photo. Beauty items include blush, eye shadow and anti-wrinkle cream.

More about Mobile, Retail, Tech, Ces, and Marketing

November 26 2013

Repair Your Old Clothes, Don't Buy New Ones on Black Friday
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Zagging while other retailers zig, outdoor clothing brand Patagonia is urging shoppers to keep and repair their old clothes rather than buy new ones this Black Friday.

Instead of trumpeting deals on the day after Thanksgiving, Patagonia will show a short film at select retail locations in the United States called "Worn Wear" that features customers who have held on to their Patagonia duds for a long, long time. (Watch a teaser for the film, above.) Patagonia has also partnered with peer-edited repair site iFixit for the push

The effort coincides with Buy Nothing Day, an anti-consumerism holiday held on Black Friday that was established by Adbusters in 1992. But it's not entirely philanthropic: Patagonia is selling a $30 "Expedition Sewing Kit" for shoppers who want to repair their old Patagonia wear Read more...

More about Marketing, Retail, Black Friday, Business, and Patagonia

November 24 2013

Amazon's 7 Best Black Friday Deals
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If you're looking on Amazon for holiday deals this year, Black Friday now begins Sunday, Nov. 24.

Amazon just released some of its biggest deals for this year's Black Friday, including several HDTV deals and Google Chromecast. However, Amazon isn't making the Black Friday decision process easy, releasing new deals every 10 minutes starting on Sunday and lasting through Cyber Monday — a full eight days. You might want to get some friends together to tag team it this year

To keep track of special offers, sign up for the company's Daily Deals email newsletter, check out the Gold Box for extra sales and follow @amazondeals on Twitter for as-it-happens news. If you really can't wait, you can head over to Amazon's Black Friday Countdown Sale to start your shopping now Read more...

More about Amazon, Online Shopping, Retail, Holiday Shopping, and Black Friday

November 19 2013

Former Google Wallet Execs Raise $7 Million to Personalize Offline Retail
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Jonathan Wall's first attempt to tackle the offline payment experience didn't go exactly as he had hoped.

Wall (above left) was one of two founding engineers behind Google Wallet, a mobile payment platform that launched in 2011 and promised to let users tap and pay for items in stores. Google Wallet initially struggled to gain widespread adoption due to the reluctance of carriers and businesses to embrace the NFC technology that Wallet depended on. For Wall, however, there was an even more basic problem: the Google Wallet team turned its focus to the wrong thing.

"There was kind of a tectonic shift even before we made it to market," Wall told Mashable in a recent interview. "There were a lot of PayPal folks that saw the payment itself as being the prize rather than the data... The opportunity we were hoping to pursue was the untapped potential of the data in the retailer's walls and using it to help the retailer." Read more...

More about Startups, Retail, Eric Schmidt, Google Wallet, and Business

October 28 2013

Warby Parker Cofounder Has a New Vision: Barbershops
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It was three years before Warby Parker, a startup that began selling stylish prescription lenses online in 2010, opened up its first physical store in New York City's SoHo district. It took Harry's, the shaving products company launched by Warby Parker cofounder Jeff Raider earlier this year, just seven months.

On Monday, Harry's — which specializes in low-priced ($10 to $25) razors and grooming kits for men — is opening a full-service barbershop called The Corner Shop at 64 MacDougal St., just five blocks away from Warby Parker's flagship location. The Corner Shop offers visitors a haircut ($35) or shave ($30) in one of two barber chairs, as well as products from Harry's and from third-party brands recommended by the shop's two veteran barbers. Read more...

More about Marketing, Retail, Business, Warby Parker, and Barbershop

September 27 2013

Shopular Wants to Make Retailers Less Afraid of Mobile
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The Launchpad is a series that introduces Mashable readers to compelling startups. If you would like to have your startup considered for inclusion, please see the details here.

Name: Shopular

One-Liner Pitch: Shopular notifies users about deals at nearby retail stores based on their interests and current location.

Why It's Taking Off: The startup is trying to use mobile to help drive traffic and sales to bricks-and-mortar retailers, rather than drive traffic away.

Mobile is still a dirty word for many retailers who worry that apps only allow for showrooming, but one startup hopes to use mobile to drive more traffic and sales to retail stores Read more...

More about Apps, Shopping, Retail, Business, and Startups

September 19 2013

5 Surprising Places Where Ecommerce Is Taking Off
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What characterizes a market that's primed for ecommerce growth? It's not a country's population size, income per capita, nor even the amount its residents are spending on retail goods every year — though those all play a role. Rather, a complex variety of factors signal immediate to near-term ecommerce opportunity in a given region, a new study from Forrester Research shows.

Take South Korea for example, which ranked fourth on Forrester's list of countries positioned for ecommerce expansion. Compared to others on the list, it has a fairly average income per capita of $22,000. But its consumers are ready to spend: It ranked third on the number of debit/credit cards per capita, fourth in market activity and intensity (stock values relative to GDP), and has a tech-savvy population. Government support is another positive indicator: The country has been regulating the growth of discount megastores, banning for example free shuttle services to shoppers in remote areas, which opens the way for smaller ecommerce businesses. Read more...

More about China, Retail, Ecommerce, South Korea, and Business

August 24 2013

Facebook Pulls Plug on Physical Goods to Focus on Gift Cards
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Facebook is pulling the plug on its physical gift offerings — which allows users to purchase tangible goods such as stuffed animals, flowers and wine — as a part of a greater effort to focus on gift cards.

The social network is slowly phasing out its physical gifts initiative less than a year after its launch. Instead, it will add more merchants to its Facebook Card — a reusable gift card on which you can keep monetary balances from different retailers. This means you could have $100 at Sephora and $8.25 at Jamba Juice on the same card.

More about Facebook, Business, Retail, Social Gifts, and Virtual Gifts

August 21 2013

How One Startup Is Fueling the Pop-Up Retail Revolution
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The Launchpad is a series that introduces Mashable readers to compelling startups. If you would like to have your startup considered for inclusion, please see the details here.

Name: Republic Spaces

One-Liner Pitch: A boutique marketplace for pop-up shops.

Why It's Taking Off: Republic Spaces is a marketplace that helps retailers rent out their extra space to emerging designers, while at the same time helping designers find low-cost spaces to sell their products.

Pop-up shops give consumers a unique experience to touch and hold goods that they'd typically only see online. It's this sensory experience that Republic Spaces is looking to spread Read more...

More about Startups, Retail, Business, and The Launchpad

August 16 2013

Where Do You Fit in the New Retail Web?
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Ecommerce has been around in one form or another for nearly two decades. It began when retailers first put their offline catalogs on the web — and, while there have been many advances in areas such as technology, payments and fulfillment since that time, the basic rules of selling have remained surprisingly static

However, the retail web is now changing, as new types of online stores emerge to challenge the dominant paradigms of internet retailing.

With the rise of a new wave of online retailers, there are two clear models emerging in the online retail space:
Read more...

More about Online Shopping, Features, Business, Retail, and Ecommerce

August 13 2013

How ModCloth Went From a College Dorm to $100 Million a Year
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ModCloth founder Susan Gregg Koger has had a long love affair with thrifting and vintage clothing. In 2002, with the help of her then-boyfriend (and now husband) Eric Koger, she launched ModCloth, a simple online shop where she sold the finds she could no longer fit in her closet. She made a sale on her first day.

Today, ModCloth is one of the fastest-growing fashion and home ecommerce ventures to emerge in the past decade. The company did more than $100 million in sales last year, and is growing at a rate of 40% annually, according to a ModCloth spokesperson. (The same spokesperson declined to say whether the company is profitable.) Read more...

More about Fashion, Startup, Features, Retail, and Modcloth

August 06 2013

Amazon Debuts Online Store for Fine Art
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Would you like some fine art with your hand soap and toothpaste?

Amazon announced the launch of an art marketplace on Tuesday that will live at Amazon.com/art. More than 40,000 works of art from about 150 galleries and dealers are represented, which sell directly to Amazon shoppers and share a portion of the proceeds with Amazon.

SEE ALSO: Why Amazon Should Play Nice With Local Bookstores

Amazon's offerings are relatively modest compared to a behemoth like Art.com. But volume doesn't seem to be what Amazon is after — at least, not yet. Instead, the company is focusing on offering high-end works, both originals and limited editions, directly from reputable galleries Read more...

More about Amazon, Retail, Ecommerce, Business, and Marketing

June 17 2013

8 Retail Workers Who Made the Most of Their Free Time
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Everyone should work in retail at least once, if only to get their go-to retail horror story for cocktail parties. From rude customers trashing the dressing room to endless nights of inventory most retail workers have plenty to complain about

Still, there can be nice moments in the aisles and behind the cash register. Moments when the store is quiet and calm and you suddenly realize what the business really needs is your creative touch.

1. The art store worker who wanted to remind the customers of the fragility of life.

Image courtesy of Reddit, politicaldan Read more...

More about Lists, Retail, and Watercooler

June 13 2013

AOL Founder Invests $20 Million in Children's Apparel Startup
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AOL co-founder Steve Case has been on a journey across America, looking for promising young businesses outside of New York and Silicon Valley.

On one such trip to North Carolina last fall, Case met Brandi Temple (pictured above), founder of a now 5-year-old online children's apparel company, Lolly Wolly Doodle, which claims to sell 60% of its clothes through Facebook. That meeting led to several more and on Thursday, Case's Revolution Growth venture fund announced a $20 million investment in the company.

"Part of the Revolution strategy is to invest in big ideas that are small companies, and to try to help them become big companies," Case said in a phone interview with Mashable on Thursday. "I also believe in the notion of 'the rise of the rest' — there are great entrepreneurs all around the company, [but] just a few places are getting all the attention." Read more...

More about Fashion, Children, Retail, Steve Case, and Business

September 04 2012

The State of Ecommerce [INFOGRAPHIC]


Between now and 2016, be prepared to spend an average of $1,472 per year online shopping. Right now, U.S. consumers hover somewhere around $1,200-$1,300 per year, but that number will increase by 44%, to $1,738, by 2016.

Now, keep in mind that includes all kinds of online shopping: groceries, daily deals, vacations, clothing, etc. Still, as traditionally brick-and-mortar businesses (such as travel agencies and fashion labels) transition to the web, we'll be faced with little other option than to spend, spend, spend.

SEE ALSO: How Mobile Trends Are Shaping Ecommerce [INFOGRAPHIC]

And which industry is sweeping up the cash? An online sales forecast by eMarketer projects that sales…
Continue reading...

More About: Business, Evolution of Ecommerce Series, ecommerce, features, forrester, infographics, mashable, retail, shopping


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