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
Peloton posts bullish holiday forecast, betting that shoppers will spend big on new product lineup
A Peloton stationary bicycle inside a store in Palo Alto, California, US, on Monday, Aug. 5, 2024. David Paul Morris | Bloomberg | Getty Images Peloton on Thursday posted its second profitable quarter in a row as it released strong guidance for the crucial holiday shopping season, banking on its relaunched product assortment to drive […]
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McDonald’s U.S. boss puts focus on ‘value and affordability’ as consumer spending splits
A McDonald’s restaurant in Richmond, Virginia, US, on Monday, Nov. 3, 2025. Al Drago | Bloomberg | Getty Images McDonald’s leadership is urging operators to stay the course on value offerings as the competition for consumers plays out across the restaurant space. In a memo to U.S. operators following the company’s third-quarter earnings, McDonald’s U.S. […]
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Business
Retailers’ holiday hiring to hit lowest level since the Great Recession, says major industry trade group
Shoppers carry bags at Broadway Plaza in Walnut Creek, California, US, on Monday, Dec. 16, 2024. The Bureau of Economic Analysis is scheduled to release personal spending figures on December 20. David Paul Morris | Bloomberg | Getty Images Holiday hiring by retailers is expected to total between 265,000 and 365,000 roles this year, the […]
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