Walmart and Target continue strong growth; Macy’s, J.C. Penney are struggling Retailers offering deals, from bargains on brand-name goods to conveniences such as free shipping, are snaring customers at
ThredUp, the 10-year-old fashion resale marketplace, has a lot of big news to boast about lately. For starters, the company just closed on $100 million in fresh funding from an investor syndicate that
New York (CNN Business) — The winners and losers of America's great retail shakeout are becoming clear. Target and Walmart are definitely winners. Just about every traditional department store is losing.
Even as the retail industry has slumped, dragged down by disappointing earnings and an unending trade war, resale is exploding. With the $24 billion secondhand market looking more and more enticing to
Secondhand clothing is getting a new life with the emerging market of digital thrifting. Marketplace app Depop and several retailers have made their entre into upcycling clothing for big returns by catering
Garments stored on a three-tiered conveyor system at the ThredUp sorting facility in Phoenix in March. During their second-quarter conference calls, both Macy's and J.C. Penney talked about their new departments.
Welcome to the weekly newsletter of the L.A. Times Business Section. I’m consumer columnist David Lazarus, here today with a look at the obstacle course that is the retail sector. First the good news: