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Have Temu and Shein Thwarted Wish’s Hopes of a Comeback?

Retail TouchPoints

A few days before reporting Q2 earnings, Wish also announced plans to cut approximately 34% of its workforce, or about 255 employees, in order to “refocus the company’s operations.” Temu also operates as a manufacturer-to-consumer marketplace and offers a wide range of merchandise, from homewares to apparel.

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5 Ways Retail Businesses Benefit From A Merchant Cash Advance

Retail Minded

They must thrive by obtaining immediate cash flow support to sustain operational expenses during market fluctuations. Therefore, a merchant cash advance is a very practical funding option for many retail businesses. . What Is A Merchant Cash Advance? Learn more about the basics of a merchant cash advance.