The Children's Place Files for Bankruptcy, TikTok Shop Launches a Paid Membership Tier
4 min read · November 10, 2026 · Covering November 9 · 9 stories from 8 sources
Yesterday in ecommerce: The Children's Place filed for Chapter 11 bankruptcy days after a leadership exodus, and TikTok Shop launched a paid membership pilot for its most loyal US shoppers ahead of the holidays. 9 stories, about 4 minutes.
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The Children's Place files for Chapter 11 bankruptcy
The children's apparel chain filed for Chapter 11 protection in documents dated November 8, days after SEC filings showed its interim CEO, chief strategy officer, executive chair and a director had all left within a week. It plans to sell "substantially all of its assets" through a court-supervised auction, with bids due December 9. Stores and its site stay open for now. Its latest quarter's net sales fell 18.9% to $241.8 million, with a $31 million loss.
For your store:If a supplier leans on a struggling retailer, tighten payment terms and inventory exposure until any sale closes.
TikTok Shop pilots a paid membership tier for its best shoppers
TikTok Shop is piloting TikTok Shop Plus, a $9.99-a-month membership (after a 30-day free trial) for more than 1 million of its most loyal US shoppers, with free shipping, an extra 10% off, monthly coupons and twice-monthly instant refunds as store credit. Deeper discounts are promised for Black Friday and Cyber Monday. It undercuts Amazon Prime ($14.99) and Walmart+ ($12.95). TikTok Shop holds roughly 20% of US social commerce, and its 2025 BFCM sales topped $500 million.
For your store:A loyalty perk tied to your top customers, not everyone, can lift repeat purchases without discounting your whole catalog.
UK ministers weigh folding eBay, Vinted and Depop into a social media ban
The UK is considering banning under-16s from social media, and Culture Secretary Lisa Nandy says ministers are "seriously considering" pulling marketplaces in too. Ofcom data shows 19% of 8- to 14-year-olds use eBay monthly and 15% use Vinted; Depop's follow-and-feed model reads as social commerce. Options range from a full age gate to limiting stranger messaging, which sellers also need for trades. The Children's Society flagged minors asked for indecent photos on resale apps. Rules are due by spring 2027.
For your store:If you sell to a UK audience that includes teens, start reviewing age-assurance options now rather than after rules land.
Global Payments reportedly adds a new $699 annual merchant fee
Merchants are being told to expect a new $699 annual fee from Global Payments starting in December, per a cost consultant's letter citing "government and industry regulations" as the reason. It lands less than a year after Global Payments closed its $24.25 billion Worldpay acquisition, and the consultant called it "another one" stacking on Worldpay-related increases this year. Analysts say fintech competition is squeezing legacy processors' pricing power even as they keep raising fees.
For your store:Check your next processing statement for new annual or compliance line items, and get a quote from a competing processor before you pay it.
Comet, the UK electricals brand, relaunches online after 14 years
Comet, the British electricals chain that collapsed in 2011, is back as an online marketplace, with CEO Cas Paton backing it with £10 million and a goal of a £1 billion business. It carries no stock itself: over 2,500 sellers list more than a million products, from TVs to kitchen appliances, and every sale still counts as the retailer's own. Paton calls it "a friend of the retailers," aiming to restore competition ahead of the holiday peak.
For your store:A heritage brand name can still draw trust and traffic; a marketplace model lets you revive one without carrying inventory risk.
Ulta Beauty becomes the first US beauty chain to sell a health tracker
Ulta Beauty will sell the $399 Oura Ring 5 online from November 10 and in 1,000 stores from November 22, its first health-tracking product and a US beauty-retail exclusive for now. VP of wellness Laura Beres said Oura's sleep and cycle tracking won the retailer over, even as Ulta "are not medical experts." Its 47 million loyalty members can redeem points toward a ring. Whoop trackers follow at select Ulta stores in March 2027.
For your store:Wellness and beauty audiences overlap; a well-chosen adjacent category can open a loyalty program to new, higher-ticket purchases.
ThredUp's revenue growth slows sharply even as buyers hit a record
ThredUp's Q3 revenue rose 7% to $88.2 million, well below last year's 34% growth, even as active buyers hit a record 1.82 million, up 16%. The average price paid per item has stayed stuck at $18 since June, down from $21 in Q2. Net loss widened to $5.5 million. CEO James Reinhart warned "deeper promotions may be required" to hold engagement, and cut Q4 guidance to $77 million-$79 million as resale competition intensifies into the holidays.
For your store:If your margin depends on average order value, watch whether holiday promotions are buying growth or just buying revenue.
Google Ads lets advertisers prioritize channels instead of all-or-nothing
Google Ads now lets advertisers set each channel to "High" or "Low" priority instead of fully including or excluding it, with a 28-day spend share shown for anything marked Low and a daily spend cap available for it. A new channel performance report shows each channel's share of conversions next to its share of spend, so advertisers can see, for example, that Display drove 48% of conversions on 26% of spend. Settings apply per account or per campaign.
For your store:Pull your own channel performance report before you touch priorities; cutting a channel that quietly converts well can cost you sales.
Amazon scales smart delivery glasses toward 20,000 drivers by 2027
Amazon plans to put smart glasses on 5,000 delivery drivers this year, aiming for over 20,000 by the end of 2027, after hundreds of drivers at 300-plus delivery partners tested them. Once parked, the glasses show navigation and drop-off instructions, warn of pets, flag mismatched addresses and capture proof of delivery automatically, keeping drivers' hands off a handheld scanner. Amazon says images are anonymized, with faces and plates blurred, and not kept for long. Drivers can opt out.
For your store:Hands-free proof-of-delivery tech cuts missed-scan and wrong-address disputes; worth asking your carrier or 3PL if it's on their roadmap.
The Daily Checkout is a daily summary written by KonvertiQ. Every story links to its original source, where you will find full reporting and context. Covered today: ChannelX (Tamebay), Digital Commerce 360, Glossy, Modern Retail, Payments Dive, Practical Ecommerce, Retail Dive, Retail Gazette.