Rent the Runway is selling both new and secondhand clothes on Amazon’s site, as the clothing rental company struggles with profitability and maintaining renewed growth after a pandemic slowdown. While the partnership was announced on Thursday, Rent the Runway had already sold inventory to Amazon and so had already recognized revenue from the deal in the quarter ended in October. That...
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The Weekend culture policy
Ban It, Divest It or Regulate It? Washington Looks for an Answer to TikTok
Hi, welcome to your Weekend!Interesting dinner table discussion this week: My 13-year-old daughter, hearing about Nancy Scola’s cover story on TikTok’s war in Washington, offered her prediction for what would happen if the U.S. took the drastic step of banning the app.“Every teenager in America would refuse to come out of their rooms,” she said. “They’d be so mad. They just wouldn’t go out...
Amazon Fresh Hikes Grocery Delivery Fees
Shopify CTO Departs Following Layoffs of Technical Leaders
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