One obvious selling point for Warby Parker customers is price: The vast majority of eyeglasses sell for a reasonable (and curiously uniform) rate of $95. Perhaps what’s most remarkable of all is that the price of Warby Parker glasses was almost set at $50 cheaper.
Walmart
How ‘Extreme Couponing’ Is Ruining Coupons
It always seemed mind-bogglingly difficult to achieve the kinds of savings portrayed on the TLC show “Extreme Couponing.” Thanks to tougher supermarket policies and the proliferation of less valuable coupons, extreme savings …
Bait and Switch: Beware Low-Price Guarantees
Retailers love that price-matching guarantees attract shoppers. At the same time, they hate it when customers actually try to take advantage of these policies.
Efficiency Backlash: Businesses Find Too Much Downsizing Can Hurt the Bottom Line
One national restaurant chain realizes that overburdening its employees hurts sales, as well as the company brand. Will more businesses follow its lead?
Does Kmart’s Hilarious New Ad Acknowledge That Kmart Stores Are Hopeless?
In just over a week, Kmart’s 30-second “Ship My Pants” spot — go ahead, say it quickly — has received close to 13 million views online. The viral hit should give the struggling retailer some much-needed buzz. It might also call …
Hey Walmart, It’s Hard to Make Sales When Store Shelves Are Empty
One way that Walmart keeps prices low is with minimal staffing levels in stores. But shoppers and workers alike are complaining that Walmart is understaffed, and the results include annoyingly long checkout lines and shelves that …
Online Shoppers: Meh, Same-Day Shipping Isn’t That Big a Deal
Same-day delivery is being pumped up as a major step for e-retail—the service that’ll boost online shopping sales into the next stratosphere. There’s one minor problem, though: Shoppers don’t seem to want it all that much.
Is There a Future for Same-Day Delivery? How About Online Grocery Shopping?
For the time being, brick-and-mortar retailers don’t seem to have to worry too much about two of the most hyped, potentially “game changing” options in e-commerce.
The Rise of the Alterna-Banks: 4 Options Beyond Traditional Banking
Is it time to part ways your bank? There are more options than ever for people looking for a different kind of banking experience — many of them without the onerous fees and requirements of traditional bank accounts.
Honoring the Enemy? Brick-and-Mortar Retailers Give Top Award to Amazon’s Jeff Bezos
Awkward! The National Retail Federation, which is dominated by traditional brick-and-mortar-based stores, just gave its top award to the guy who has been undermining their businesses for years.
Why Is Walgreens Selling Sushi? The Changing Business of Drugstores
Drugstores are generally considered as little more than necessary and convenient. But now that some Walgreens boast nail salons, cafes serving sushi and smoothies, and impressive selections of beer, wine, liquor, and cigars, can …
Fast Food: Spreading like the Blob
Fast-food chains are seeping into places — and times of the day — that until recently were mostly fast-food-free zones
