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Today In Retail: Amazon Grows Palm Biometrics In Washington State; Toyota, Lexus Take Control Of Online Buying Platforms

PYMNTS

In today’s top retail news, Amazon Go stores in Seattle are reportedly being equipped with Amazon One palm-reading scanners, while automotive brands are taking control of digital purchasing platforms. The clothing market is a quickly evolving place, a fact showcased by Amazon’s quickly increasing share of the market.

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Subscription Brands Grow By Cutting Frictions From Cross-Border Commerce

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Subscription brands, for example, are looking good. The Washington Post has seen its global subscriptions increase by 60 percent since 2019, for example. “Our Life goes on regardless, and some businesses are actually doing okay in the year of COVID.

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Retail Pulse: DSW Expands In-Store Experiences; L Brands Plans Store Closures

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markets, aiming to generate repeat visits as part of its experiential retail efforts. With the expanded partnership, the companies will bring the offering to brick-and-mortar stores in Washington, D.C.; They also create repeat visits to the DSW brand, where an exciting footwear assortment awaits.”. per share or $540 million.

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Nestlé Expands Into Coffee Market, Acquires Blue Bottle

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by adding Blue Bottle to its holdings, a robust portfolio including the Nespresso coffee capsule and Nescafé brands. Meanwhile, Blue Bottle, founded in the early 2000s, is currently expanding in California, New York, Washington, Miami and Tokyo, bringing its total retail presence to more than 50 locations by the end of the year.

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Amazon’s Saudi Arabia eCommerce Site Debuts

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The website is a re-branding of Middle Eastern eCommerce site Souq.com , which was acquired by Amazon in 2017, PYMNTS reported. Last year, the company converted Souq’s website in the United Arab Emirates to an Amazon-branded one, amazon.ae.

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Former Restaurant Execs Seek $230M For SPAC

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and Andrew Pforzheimer, former CEO of the Barcelona and Bartaco brands. His fund has invested in brands including Sweetgreen, Curry Up Now and The Hummus & Pita Co. In August, Ruby Tuesday Founder Sandy Beall and Doug Jacob, co-founder of the Washington, D.C.-based to focus on the quick-service sector.

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The Return Of The Celebrity-Backed Brand

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Celebrity brand endorsement is nothing new. The first recorded case of it dates back to the 1760s when Josiah Wedgwood and Sons, producers of pottery and chinaware, marketed their wares with endorsements from Britain’s royal family, hoping to show off the company’s inherent value and the high quality of their products.

Branding 101