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9/4/2015

White Castle will begin serving breakfast all day at its 390 restaurants starting Sept. 10 and will make Belgian waffle sliders a permanent menu item. The company announced its plans a day after McDonald's said it will roll out an all-day breakfast menu on Oct. 6.

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White Castle, McDonald
9/4/2015

Kindle e-book prices have gone up as many major publishers have entered new deals with Amazon to protect the prices of their products. Early data indicate that consumers are less willing to pay a premium on e-titles, with James Patterson's publisher, Hachette Book Group, reporting that its e-book sales fell to 24% of its U.S. net trade sales in the first half of the year.

9/4/2015

Sam's Club has partnered with TrueCar to offer its members guaranteed discounts on new and used autos from 10,000 dealers nationwide. The warehouse club sees the partnership as a membership perk rather than a sales generator.

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Fortune
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Sam, TrueCar
9/4/2015

Facebook is seeking to supplant eBay and Craigslist by turning its Groups into a full-featured trading site, complete with direct-sale, user-to-user payments and order-tracking features, Deepa Seetharaman writes. "We're really just thinking about how we connect this all together to make it easier to buy and sell," Facebook's Deborah Liu says.

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Facebook, eBay, Deborah Liu, Craigslist
9/4/2015

ALDI's shift to include more trendy products and "smart shoppers" - rather than simply targeting the most income-strapped consumers - has propelled it to a key competitor in the grocery market. The chain, which was honored with the 2015 Retail Achievement Award, is also investing $3 billion in a five-year expansion to add 650 new stores by 2018.

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Aldi
9/4/2015

Online retail for high-end fashion was largely unheard of when Natalie Massenet launched Net-a-Porter in 2000, and she has been the face of the brand since. Her resignation this week, as the company finalizes its merger with rival Yoox, will test how important it is for high-end brands to have a high-profile public face, writes Vanessa Friedman.

9/4/2015

Legendary German fashion designer Karl Lagerfeld has teamed with New York-based G-III Apparel to start distributing the Karl Lagerfeld North America brand in the US and Canada. The line's first fashions and handbags will be available at department stores in about two months, followed by footwear and jewelry.

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MarketWatch
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Karl Lagerfeld, G-III Apparel
9/4/2015

Apple's latest Twitter handle, @AppStoreGames, is devoted to mobile gaming and signals the importance of that sector for the company's devices, including the iPad, the iPhone and Apple TV. The social media feed will include curated content from Apple game editors, as well as game previews, tips and developer interviews.

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BuzzFeed
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Apple, Twitter, iPad, social media, iPhone
9/4/2015

Disney stores, Toys R Us and Wal-Mart opened their doors when the clock struck midnight, kicking off the start of "Force Friday." The promotion is tied to "The Force Awakens," the latest film in the "Star Wars" series, which doesn't debut until December. One of the hot new toys is the BB-8 Droid, a $150 roly-poly robot that's controlled by a smartphone.

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Toys R Us, Wal-Mart, Disney
9/4/2015

Prada is pushing landlords in Hong Kong and Macau to cut rents amid a severe slowdown in wealthy shoppers from mainland China, the company said Thursday. The brand has no plans to leave the market. "China has gone from being an El Dorado to being an interesting market. We believe it can return to be a fairly good market but it's hard to say how long it'll take," said Chairman Carlo Mazzi.

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Reuters
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Prada