February 09, 2012
Phil Cotty, Director of Technology at Alexander Interactive was recently quoted in an article on Portfolio.com titled, "Your Undies Have Arrived." The piece focuses on a subscription retail site, MeUndies.com, which offers a line of underwear for men and women, for which customers pay a monthly fee for replenished supplies.
Cotty discusses the subscription retail space. While it has existed in various product categories for years—think fruit- or wine-of-the-month clubs, and even Netflix—it is especially advantageous for startups, and it is starting to grow.