Stitch Fix needs to build its non-subscriber base
September 24, 2021
Stitch Fix has opened up its site to allow non-subscribers to buy clothing and shoes. The company’s Freestyle direct purchase option will take time to build, according to CEO Elizabeth Spaulding. “We are going to be launching many new features, more brands and personalized stores,” she said. “We want to give ourselves time to really make this big transition into becoming the destination for personalized shopping and styling.”
Recent News
Amazon Debuts New Streaming Ads on Prime
Amazon Ads has unveiled new ad formats for Prime Video users.
Babies“R”Us Is Returning to Some Kohl’s Stores
The openings should begin later in 2024.
Reddit Reveals New Policies and AI Licensing Ventures
Reddit Inc. has unveiled fresh guidelines governing data on its platform, aiming to bolster its revenue streams through licensing deals with AI developers and other firms.
April Retail Sales Showed Moderate Growth
Retail sales in April showed a modest uptick compared to the previous month, according to the latest CNBC/NRF Retail Monitor. However, a year-over-year decline was observed, attributed largely to the timing of Easter.