Mia Sato at The Verge talks about how influencers have changed the internet.
The fast fashion retailer declared bankruptcy this week, for the second time in six years.
The giant chain reported strong quarterly sales. But for the first time in two years, shoppers spent less per visit.
Retail rents in Manhattan in late 2023 were still 20% to 30% below 2019 levels, thanks in part to fewer tourists and office workers.
Nike reported disappointing earnings, weakening the outlook for clothing sales — which have a lot to do with the year-end shopping season.
Although they’re contending with inflation and economic uncertainty, they continue to rack up debt and burn through their savings.
Amanda Mull, a staff writer at The Atlantic, argues that department stores had a hand in building class consciousness.
They're making a living … undercover.
