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Modeled after Fashion's Night Out, the annual block party-shopping spree initiated in New York in 2009 by Anna Wintour, the editor of Vogue, the event aims to spur retail spending by luring customers into stores on a dedicated evening.
It seems unlikely that the presence of Zady and its ilk will spur retail giants like H&M and Gap to start telling customers every detail about where their own five-dollar tank tops and ten-dollar scarves come from.
Aside from showcasing ads, these sites also spur retail software sales since, in order to participate, most of the action and strategy games require users to purchase off-the-shelf software.
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The Renaissance was developed under the city's Anchor Program, which is aimed at spurring retail growth in areas where the city invested heavily in housing.
A rush to buy carpets, furniture and luxury goods before Christmas spurred retail sales growth to its highest level in 26 years, according to a survey by the CBI.
Black Friday spurred retail sales to the strongest year-on-year rise in 10 years, according to official figures that show a 6.4% jump last month on the previous November.
Bank of America's scale and suite of services could spur more retail deals for V.me as well.
After a quarter of a century in which community opposition, lack of government financing and other obstacles thwarted the development of three prime patches at the edge of downtown Brooklyn, New York State moved yesterday to spur housing and retail projects on the sites.
Emboldened by the success of Guanggun Jie, an immensely popular Chinese holiday that celebrates singlehood, the brain trust behind America's Singles Day seeks "to recognize and appreciate the 124 million and growing single adults in this country" and "spur an annual retail event in the first month of each year, benefitting consumers and businesses alike".
If the offering is successful, it could spur some innovation around retail services products, he said.
There are thousands of new apartments in the area, and approximately 1,500 units will come onto the market in 2012, and 2,000 more in 2013, said Mr. Benaim, who also expects JetBlue Airways to spur additional demand for retail.
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