- 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.
- 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