1. Urban Outfitters is rolling out a subscription service named Nuuly, costing $88 a month, in direct competition with Rent The Runway. The service would allow customers access to the assortments of Urban Outfitters, Free People, Anthropologie, and others.
2. The Container Store announced the opening of a new concept in L.A. entirely focused on Custom Closets. The retailer indicated that the company is placing a greater emphasis on solutions over products. CEO Melissa Reiff stated, “Our goal is to take what we do best and further strengthen our offerings to become the go-to custom closets resource for every size, style and budget.”

Source: You Can Now Rent Clothing From Urban Outfitters & Free People For Just $88 Per Month | Refinery 29

Source: The Container Store opens new retail concept in LA | Retail Dive