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Are rental platforms making a fashionable comeback?

Inside Retail

Rent The Runway had to pivot its value proposition after its stock dropped 90 per cent one-year post its IPO, and earlier this year Designerex went into voluntary administration before being acquired in July. These businesses thrived on the “wear once and post” Instagram culture. But in recent years, many of they seem to be struggling.

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These Were the Top Retail Stories of 2022

VMS

In California, Amazon-owned Whole Foods stores launched palm-scanning technology at checkout. The initial plan is to drop these package-carrying drones into the backyards of residents in Lockeford, Calif. In September, still struggling to find the key to survival, the retailer announced more than $500 million in new financing.

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Jason & Scot Show Episode 309 Instacart IPO Filing

Retail Geek

Scot: [1:09:35] Don’t you get a nursing inside about gum or something like because self-checkout smelled the gum that serendipity. Shipping from instacart so that are members of this instacart plus program and 5.1 Jason: [1:20:23] I am. [1:20:26] million of the 7.7 million active Shoppers are in the program. [1:23:46]