Amit Basu is the Founder & CEO of Artisan Furniture, the world’s first artisan marketplace. getty Online marketplaces have evolved from generalist to specialist, and as a result, niche marketplaces are springing up across industries. Within this move toward specialization, even though the majority of the marketplaces available offer end-customer services, such as Uber (transportation…
Read MorePhilipp Plein in his MoNA NFT art gallery at his London crypto concept store. Dave Benett/Getty Images for Philipp Plein Philipp Plein has launched a Web 3.0 crypto concept store on London’s Old Bond Street and a free and independent NFT trading platform online. Whereas many other luxury brands are intent on creating exclusive Metaverse…
Read MoreEveryone and their brother is getting an online marketplace. What should investors make of it? The channels, which allow third-party sellers to list, sell and ship items on an established retailer’s site, are having a bit of a moment. Grocery chain Kroger KR -2.44% has one, and so do apparel sellers Express, Lands’ End, J.Crew…
Read MoreMacy’s is continuing its omnichannel evolution with the launch of a curated digital marketplace for both its flagship brand and Bloomingdale’s slated to open in the second half of 2022. Additionally, the retailer will adjust its 125 planned closings for 2023 by closing an additional 10 stores in January 2022, but taking a second look…
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