THE REAL REAL IS OFFICIALLY CONSIGNMENT QUEEN

$173 Million later, the new funding comes just in time for the retailer to open its first store. While it’s fair to say e-commerce has totally changed shopping — putting mall brands out of business and spawning a new category of fast fashion retailers on steroids — the luxury market has had a harder time […]

The Death of the Department Store: ‘Very Few Are Likely to Survive’

  Neiman Marcus has stopped accepting new merchandise. Credit…Karsten Moran for The New York Times Retailers have begun taking extreme measures to try to survive. Le Tote, a subscription clothing company that acquired Lord & Taylor from Hudson’s Bay, let go of its entire executive team, including the chief executive. They also suspended payments of goods […]