35 min listen
Modern Retail Rundown: The future of fast fashion, dollar stores struggling & big CPGs not letting up on price increases
Modern Retail Rundown: The future of fast fashion, dollar stores struggling & big CPGs not letting up on price increases
ratings:
Length:
27 minutes
Released:
Jun 3, 2023
Format:
Podcast episode
Description
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
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
Released:
Jun 3, 2023
Format:
Podcast episode
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