In today’s top retail news, Bed Bath & Beyond debuted another owned brand, while Perfect Corp. has integrated with Facebook. Plus, Nordstrom and Indochino are launching store-in-store shops.
Bed Bath & Beyond has introduced an additional owned brand as part of its private-label push. Wild Sage, which is available only at the retailer, was created for young adults and “the young at heart.” Merchandise in the collection will include furniture and bedding, among other categories. Shoppers can buy the brand’s items in the retailer’s physical store locations and online. They can also harness omnichannel options such as same-day delivery.
Perfect Corp., the beauty technology firm, has integrated with Facebook for the expansion of augmented reality (AR) beauty try-on and shopping experiences on Instagram and Facebook. “This integration underlines the importance of a streamlined beauty shopping experience, with interactive AR beauty tech proven to drive conversion and enhance the overall consumer experience,” Perfect Corp. Founder and CEO Alice Chang said in a press release.
High-end department store retailer Nordstrom and men’s custom-fit fashion merchant Indochino are rolling out almost two dozen store-in-store shops. Indochino, which is headquartered in Canada, already has 50 standalone “showroom” shops in addition to more than 600 employees. The first 10 Indochino in-store locations at Nordstrom are presently in operation, with a further 11 shops set to launch by July 2.
Consumers who went to Amazon in droves to take advantage of summer savings left with less in their cart than in past years. The average order size this year was $44.75, according to retail analytics company Numerator. Forty-five percent of orders were for under $20, and just over three in 10 households spent under $30. Moreover, 16 percent of Prime Day purchases were for groceries.