Sustainable Fast Fashion Underpins New H&M Pre-Loved Store on thredUP
Sustainable Fast Fashion Underpins New H&M Pre-Loved Store on thredUP
March 14, 2023  |  Retail

The fast-fashion wars are opening an unlikely new front — the resale space — as retailer H&M and fashion reCommerce platform thredUP disclosed a new partnership...

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Inflation Slows, But Not Enough to Give Paycheck-to-Paycheck Consumers Relief 
Inflation Slows, But Not Enough to Give Paycheck-to-Paycheck Consumers Relief 
March 14, 2023  |  Economy

Inflation’s torrid pace is cooling a bit. But not enough to give paycheck-to-paycheck consumers relief from the everyday pressures of keeping a roof over their...

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Grubhub CEO Exits Amid Turmoil in On-Demand Delivery Industry
Grubhub CEO Exits Amid Turmoil in On-Demand Delivery Industry
March 14, 2023  |  Delivery

Grubhub’s chief executive is stepping down as economic pressures transform the landscape of on-demand delivery. On Monday (March 13), the Chicago-based aggregator, a subsidiary of...

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LA Retailers Putting Products Behind Glass as Shoplifting Rises 2%
LA Retailers Putting Products Behind Glass as Shoplifting Rises 2%
March 14, 2023  |  Retail

Retailers in Los Angeles are increasingly keeping products locked up in response to shoplifting. Stores in the city have seen a 2% increase in theft...

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Report: Big Banks See Uptick in Deposits After SVB Collapse
Report: Big Banks See Uptick in Deposits After SVB Collapse
March 14, 2023  |  Banking

Silicon Valley Bank’s downfall has reportedly brought more business to America’s larger lenders. Following last week’s failure of Silicon Valley Bank (SVB) — bookended by...

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Failed Payments Hit Health and Fitness Subscription Sector Profit Margins Most
Failed Payments Hit Health and Fitness Subscription Sector Profit Margins Most
March 14, 2023  |  Subscriptions

Retail has enjoyed some spending bumps over the past few months, and grocers are still seeing business, even as many shoppers trade down. However, the...

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Lenders May Seek Better Tools as Millennial Debt Delinquency Expectations Rise
Lenders May Seek Better Tools as Millennial Debt Delinquency Expectations Rise
March 14, 2023  |  Debt

Monthly government release reflects what lenders’ recent earnings reports have hinted: millennials are sinking in debt. The Federal Reserve Bank of New York released its...

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DCG Seeks Bankers for Portfolio Firms Among Major Lenders
DCG Seeks Bankers for Portfolio Firms Among Major Lenders
March 14, 2023  |  Banking

Digital Currency Group (DCG) is reportedly looking for new bankers for its portfolio companies following three high-profile bank failures. The cryptocurrency company has found through...

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Court Rules Uber and Lyft Drivers Are Contractors
Court Rules Uber and Lyft Drivers Are Contractors
March 14, 2023  |  Ridesharing

Uber and Lyft have landed a victory in their battle to treat drivers as contractors. In a ruling issued Monday (Mar. 13), California’s 1st District...

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