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How Allbirds Lost Its Way
Quality complaints—and intractable holes—have dogged the hot shoe company, which rolled out an assortment of new products but found environmental sustainability a tough sell. Source
SEC's Crypto Strategy Stumbles in Ripple Case
A federal judge has ruled that some sales of the XRP token aren’t covered by a 77-year-old Supreme Court test that created a definition for
Conagra Sales Rise, Profit Falls as Inflation Eases
The food manufacturer said shoppers continued to stomach rising food prices, boosting its margins and sales. Source link
Retailers Set Higher Bars for Free Shipping as Delivery Costs Surge
Macy’s, Neiman Marcus and Abercrombie are among merchants raising thresholds for what shoppers must spend to get free delivery. Source link
The Supermarket Aisle Where Prices Are Still Soaring
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Walmart Selling Bonobos for $75 Million to Express, WHP
Business Discount retailer bought the menswear brand for $310 million in 2017 Source link
Amazon’s Roomba Deal Keeps Getting Messier
Markets Heard on the Street Roomba maker’s stock has shed entire deal premium as regulatory scrutiny builds Source link
Albertsons Earnings Shrink Amid Difficult Consumer Environment
Business Earnings Supermarket chain braces for significant labor investments, inflation cost increases Source link
CarMax Picks the Profit Lane
The used-car retailer has managed to increase its gross margins in a tough selling environment. Source link
