Secondhand clothing platform thredUP began trading after pricing its initial public offering (IPO) at the high end of the expected range amid formidable demand from investors. In omnicommerce, consumers’...
Already facing a historic $19 billion class-action suit in the U.K., Mastercard is fighting an attempt to add compound interest to the plaintiff’s claim. According...
The advent and then dominance of COVID-19 has put the concept of globalization in a different light. What was once the darling of economists and...
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Rite Aid’s front-end comparable same-store sales have dropped, fueled by a precipitous decline in the cough, cold and flu categories. In earnings, Restoration Hardware parent RH reported record quarterly...
In today’s top news, the U.S. Securities and Exchange Commission (SEC) has launched a probe into the recent surge of special-purpose acquisition companies (SPACs), and...
Cadi’s autonomous golf shops are letting players try before they buy on the course. In travel retail, Winnebago Industries reported that “robust consumer demand” fueled sales amid growing interest...
In today’s top payments news around the world, regulators in China are mulling over limitations on “loan-facilitation,” while the Financial Conduct Authority (FCA) said that...