Resale is becoming an increasingly popular option for socially conscious consumers, but stocks in the sector have plummeted post-IPO.
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The path to profitability: Why some struggling resale names could triumph in the long-run
Business
With Trump’s tax bill set to dent giving by the wealthy, can middle-class donors make up the difference?
A woman puts money into a Salvation Army red kettle outside of Giant Supermarket in Alexandria, Virginia on November 22, 2023. Eric Lee | The Washington Post | Getty Images A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to […]
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Business
TikTok-fueled K-beauty boom triggers a retail race in the U.S.
Carly Xie looks over facial mask items at the Face Shop, which specializes in Korean cosmetics, in San Francisco, April 15, 2015. Avila Gonzalez | San Francisco Chronicle | Hearst Newspapers | Getty Images On a recent Saturday at an Ulta Beauty store in midtown Manhattan, Denise McCarthy, a mother in her 40s, stood in […]
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Business
‘Zootopia 2,’ ‘Wicked: For Good’ lead Thanksgiving box office
Disney’s “Zootopia 2” follows detectives Judy Hopps and Nick Wilde find themselves on the twisting trail of a mysterious reptile who turns the mammal metropolis of Zootopia upside down. Disney Moviegoers have plenty to feast on at the box office this Thanksgiving. Disney’s “Zootopia 2” snared $10.2 million in Tuesday previews, the second-highest haul for […]
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