Retail

14 stories

The new owners of bankrupt online clothing retailer Karmaloop have appointed a new CEO. Seth Haber, the former co-owner of a streetwear trade show called Agenda, replaces founder Greg Selkoe. The company is expected to remain in Boston. Karmaloop’s sale was approved last week.More →

Three years ago, sensing that consumers would soon want to pay for things with their smartphones, many of the country’s largest retailers — including Walmart, Southwest Airlines, Bed Bath & Beyond and Dunkin’ Donuts —decided to build their own mobile-payments system.

But the company they built, Needham-based Merchant Customer Exchange, or MCX, still hasn’t produced the smartphone app at the center of its strategy. And after this week, things aren’t looking very promising. More →

Industrial designers and manufacturers have been using 3-D printers for years to make mockups, models, and prototypes. In the past few years, a gang of startups have tried to cash in on the idea that these physical-object makers were getting cheap enough to get regular consumers interested.

That may not be going according to plan. MakerBot, a leading name in the consumer 3-D printing sector, has laid off staff and closed its three retail stores (including one on Newbury Street in Boston) as part of a strategy change by its parent company.More →

Shelfie is not only an au courant name for an app, but a cool concept for these next few weeks of retail frenzy. Once you have the Android or iPhone apps, whenever there’s a product you’re hunting for that’s out-of-stock, you use it to snap a picture of the empty shelf. The info about what’s not there will be valuable to both retailers and product manufacturers, Shelfie posits. The shopper’s reward? Points that can be converted into gift cards for use at places like Starbucks, Amazon, or Target.More →