Modern Retail Rundown: The future of fast fashion, dollar stores struggling & big CPGs not letting up on price increases
The Modern Retail Podcast
English - June 03, 2023 04:00 - 26 minutes - ★★★★★ - 35 ratingsCareers Business Society & Culture Personal Journals Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
This week's Modern Retail Rundown starts out with an analysis on why digital fast fashion players like Shein and Temu lose money on orders despite their popularity. Next, recent earnings reports show that dollar store chains like Dollar General and Dollar Tree are struggling as customers cut back on spending. Finally, we take a look at big companies like PepsiCo. continuously raising prices to increase profits, even as product demand declines.
Stories cited:
https://www.wsj.com/articles/fast-fashions-curious-comeback-8a5516c5
https://www.wired.com/story/temu-is-losing-millions-of-dollars-to-send-you-cheap-socks/
https://www.cnbc.com/2023/06/01/dollar-general-dg-q1-earnings-report-2023.html
https://www.cnbc.com/2023/05/25/dollar-tree-dltr-earnings-q1-2023.html
https://www.nytimes.com/2023/05/30/business/economy/inflation-companies-profits-higher-prices.html
This week's Modern Retail Rundown starts out with an analysis on why digital fast fashion players like Shein and Temu lose money on orders despite their popularity. Next, recent earnings reports show that dollar store chains like Dollar General and Dollar Tree are struggling as customers cut back on spending. Finally, we take a look at big companies like PepsiCo. continuously raising prices to increase profits, even as product demand declines.
Stories cited:
https://www.wsj.com/articles/fast-fashions-curious-comeback-8a5516c5
https://www.wired.com/story/temu-is-losing-millions-of-dollars-to-send-you-cheap-socks/
https://www.cnbc.com/2023/06/01/dollar-general-dg-q1-earnings-report-2023.html
https://www.cnbc.com/2023/05/25/dollar-tree-dltr-earnings-q1-2023.html
https://www.nytimes.com/2023/05/30/business/economy/inflation-companies-profits-higher-prices.html