Retail

One expert told Marketplace that it could take up to 20 years. People would start tapping into textile waste dumps around the world and, of course, their own closets.

High prices and a moribund housing market have homeowners putting off improvement projects. Home Depot, Lowe’s, and their competitors are feeling the pinch.

Shein first tried going public in 2020, but consumers have raised concerns around the fast-fashion giant’s environmental and labor practices.

E-retailer Quince is having a moment, in part because it has a lot of data on its customers. “It uses a data-scraping operation to figure out what is selling sort of across the internet in these categories that this particular consumer finds interesting,” said Bloomberg’s Amanda Mull.

A wave of consolidation is reshaping the middle aisles of the grocery store, as conglomerates sell off food brands to focus on their core businesses. Experts say as fewer companies control more of the market, it gets easier for them to raise prices.

With all the uncertainty around how tech companies will actually make money on AI, investors are turning to companies that make stuff we can't go without.

Mia Sato at The Verge talks about how influencers have changed the internet.

Since the de minimis exemption was abolished four months ago, the number of parcels coming to the U.S. worth less than $800 has fallen by 54%.

But will it stick?

Applications are booming across the board, but retail has seen a particular spike.