Direct To Consumer (DTC)

Online home furnishings retailer Wayfair is losing less money than before and gaining new customers at a rapid pace.

New York -- Things are not getting any better at the struggling and cash-poor American Apparel. In fact, it looks like they are getting worse.

In a short form quarterly filing, the retailer said its net loss increased to $19.4 million in the second quarter from $16.2 million in the year-ago period while net sales fell 17% to $134 million. It estimated that, as of June 30, it had only $7 million in cash and $6 million left in its Capital One credit line. (American Apparel’s full quarterly filing will be delayed.)

At a time when the Chinese currency is being devalued and Macy’s financial results are disappointing investors, the company is forming an exclusive partnership with Alibaba.

Miami -- Terranova, Lincoln Road shopping district’s largest property owner, released redevelopment plans to activate Lincoln Lane North by developing 723 North Lincoln Lane and 801 Lincoln road buildings. These buildings are part of Miami, Florida’s eight-block retail, dining and entertainment district located blocks from Miami Beaches.   

Overstock.com is embarking on a promotion that promises to wow many of its core shoppers, as well as avid viewers of home and garden shows.

The retailer is partnering with HGTV to furnish a home as part of the annual HGTV Urban Oasis 2015 giveaway. This year's home is an approximately 1,300-square-foot bungalow located in the heart of trendy artistic enclave Asheville, N.C. (as shown above).

New York -- Get ready for Irish fast-fashion.
 
Value apparel retailer Primark, which  recently launched its U.S. website, announced it will open its first U.S. location, in Boston, on Sept. 10. The store measures 77,000 sq. ft. and is situated downtown in the Burnham Building, the site of the city’s iconic Filene's department store.

Primark’s second U.S. outpost will open in King of Prussia mall. The retailer said it plans to open an additional eight stores over the next two years.

New York — Ron Johnson’s newest venture has secured a big round of additional funding.

Enjoy Technology, the online e-commerce start-up founded by the former J.C. Penney chief and Apple store executive, announced it has secured $50 million in a round of Series B funding led by Highland Capital.

New York -- The founder of the now defunct same-day delivery service Webvan is back — this time with a robot-powered would-be competitor to Amazon Prime, reports ReCode.  

Louis Borders is developing a $99 shopping club that plans to offer same-day delivery of groceries and other merchandise from participating retailers. But it’s the back-end of the operation that is so interesting.