Tech

Inside the fight to save Rent the Runway

Hello everyone! Welcome to this weekly roundup of Business Insider stories from executive editor Matt Turner. Subscribe here to get this newsletter in your inbox every Sunday. Read on for an inside look at Rent the Runway CEO Jennifer Hyman’s fight to save her company, the LeBron James of investing, […]
Inside the fight to save Rent the Runway
News

Rent the Runway is ending its unlimited monthly subscription — but you can still sign up for it before next week and enjoy it until ‘early next year’

Rent the Runway announced plans to discontinue its unlimited subscription, just one month after the company permanently closed all its brick-and-mortar stores. The new plans will allow customers to have access to the same options, but receive “the same or more items as they did before,” according to CEO Jennifer […]
Rent the Runway is ending its unlimited monthly subscription — but you can still sign up for it before next week and enjoy it until ‘early next year’
News

Hundreds of thousands of retail workers are being furloughed or permanently laid off during the coronavirus pandemic. Here’s who has been affected.

Retail workers around the US are being furloughed and laid off as the coronavirus pandemic continues. JCPenney, Gap, Kohl’s, Macy’s, and Victoria’s Secret are among the retailers taking these measures to cut costs during this time. Both Everlane and Rent the Runway have permanently laid off staff. Visit Business Insider’s […]
Hundreds of thousands of retail workers are being furloughed or permanently laid off during the coronavirus pandemic. Here’s who has been affected.
Lifestyle

14 tips for making the most of your Rent the Runway membership

Rent the Runway users can currently choose between three membership plans: Unlimited Swaps for $US159 a month, 1 Swap for $US89 a month, or 2 Swaps for $US135 a month. Unlimited Swaps is the most popular plan because users can rent four items at a time, and swap clothing pieces […]
14 tips for making the most of your Rent the Runway membership
News

These 17 companies are revolutionising the retail industry

Retail is changing rapidly, and companies must innovate to keep up. Customers are increasingly demanding that the shopping experience be bespoke, eco-friendly, and immediately gratifying. Business Insider rounded up 17 companies that are meeting those demands with creative technologies and paradigm shifts, and, in the process, revolutionising the retail industry. […]
These 17 companies are revolutionising the retail industry