Hudson Hotel in New York City is launching a vending machine that sells fashion items, including a diamond bracelet, according to TAXI, a news Website for creative products. For the full story, click here.
Editor’s Insight: This concept is similar to the gold vending machines that have been installed in a high end shopping mall in Boca Raton, Fla. Vending machines win impulse sales, and consumers are just as likely to buy an expensive item on impulse as anything else. Many observers will say this machine is impractical, but consider how many diamond bracelets it has to sell to cover the investment. 09-12-11 By Elliot Maras
