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Despite Subscription Declines, Rent the Runway Plans to Go Public

Retail TouchPoints

Rent the Runway — which allows users to rent, subscribe and buy designer apparel and accessories — plans to list on the NASDAQ under the ticker “RENT.”. In response, Rent the Runway closed its retail stores , did away with its unlimited subscription plan and launched into resale. million from $256.9 million in 2019. million.

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Claire’s Debuts Subscription Service as it Seeks New Ways to Connect with Gen Z

Retail TouchPoints

Jewelry and accessories retailer Claire’s is tapping into “drop” culture with its newest offering, a subscription box service called cDrop. It also doesn’t hurt that the subscription box sector, which was already experiencing huge growth prior to the pandemic, got a boost from homebound consumers last year.

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Stitch Fix Moves Beyond Subscriptions with Hyper-Personalized Direct Shopping Experience

Retail TouchPoints

Online personal styling service Stitch Fix is continuing to expand beyond its core subscription fashion service into direct buying with the launch of Freestyle, a personalized shopping experience that allows anyone to buy items anytime without being a current subscriber. Because the experience — which is available now for U.S.

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Claire's launches its first subscription service

RetailDive

The accessories retailer is getting into the subscription box space "to foster self-expression" among its Gen Z audience.

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The Unexpected Matchmakers: How Commerce Media is Fueling Brand Partnerships this Holiday Season

Retail TouchPoints

A headphone brand partners with a fitness app to curate exclusive workout playlists and offer discounts on premium subscriptions when purchasing the brand’s headphones. A bookstore partners with a meal delivery service to bundle literary-inspired dinner kits with books that match a specific theme or era.

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WSJ: Peloton to Cut 500 Jobs as CEO Attempts a Rescue

Retail TouchPoints

Peloton also is using the partnership to court new members, offering a 90-day trial subscription to the Peloton App for Hilton Honors members who are first-time users of the fitness program. The deal has brought Bike, Bike+, Tread and Guide products, as well as select accessories, to more than 100 DICK’S stores and online at DICKS.com.

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Peloton Co-founders Depart as Retailer Expands its Rental Program Nationwide

Retail TouchPoints

Both subscriptions include the cost of an All Access Membership and unlimited access to Peloton’s entire library of live and on-demand classes. The Peloton Bike+ and All Access Membership subscription is $119 /month and $1,595 to purchase the bike after 12 months. “Our