Consumer Spending

Secondhand Market Presents ‘Big Opportunity’ for Retailers Ahead of Holidays

Secondhand Market Presents ‘Big Opportunity’ for Retailers Ahead of Holidays
Secondhand Market Presents ‘Big Opportunity’ for Retailers Ahead of Holidays
September 09, 2021  |  Retail

Over the past 18 months, the marketplace for B2B overstock sales and liquidation has faced what Marcus Shen calls “a tale of two cities.” At...

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Petco Expands Subscription Service for Dogs
Petco Expands Subscription Service for Dogs
September 08, 2021  |  Subscriptions

Petco is expanding the monthly PupBox subscription service to offer new products tailored to the four life stages of dogs, a press release stated on...

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Square Rolls Out Square Register POS Solution for Canada
Square Rolls Out Square Register POS Solution for Canada
September 08, 2021  |  Retail

Payments software company Square will roll out its Square Register in Canada, which will give businesses an omnichannel commerce option via a point-of-sale (POS) device,...

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Beauty Buyers’ Club Beauty Pie Lands $100M
Beauty Buyers’ Club Beauty Pie Lands $100M
September 08, 2021  |  Investments

The beauty buyers’ club Beauty Pie has closed a $100 million funding round and said it is planning to expand its reach beyond its direct-to-consumers...

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No Pain, No Gain: Amazon and Walmart Fight for Electronics Share Stagnates
No Pain, No Gain: Amazon and Walmart Fight for Electronics Share Stagnates
September 08, 2021  |  Retail

Amazon and Walmart have both seen their share of electronics and appliance sales remain relatively unchanged for the past two quarters, with Walmart struggling to...

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LendingClub CEO Says Breadth of Consumers Living Paycheck to Paycheck Is ‘Wake-up Call’
LendingClub CEO Says Breadth of Consumers Living Paycheck to Paycheck Is ‘Wake-up Call’
September 08, 2021  |  Consumer Finance

The paycheck-to-paycheck economy reaches far and wide, as a growing number of individuals and families across the U.S. struggle mightily to make ends meet. Get...

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Delta Variant Thwarts Economists’ Labor Day Optimism
Delta Variant Thwarts Economists’ Labor Day Optimism
September 07, 2021  |  Economy

The surge in the delta variant of COVID-19 has the U.S. seeing new hurdles thwarting its economic recovery, according to a report from The Wall...

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CVC Could Sell Its Stake in Watchmaker Breitling
CVC Could Sell Its Stake in Watchmaker Breitling
September 03, 2021  |  Retail

CVC Capital Partners could sell a substantial minority stake in Breitling SA, one of the last independent watchmakers in Switzerland, according to a Bloomberg report...

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