Dec. 12, 2023
Retail Interrupted: Macy's, Farfetch, And Zulily In The Spotlight
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In today's "Retail Daily Minute," we dive into the top headlines reshaping the retail landscape. First, an investor group is making waves with a $5.8 billion bid to take Macy's private. Meanwhile, luxury retailer Farfetch, once valued at $23 billion, is on the brink of bankruptcy, highlighting the challenges of the marketplace model. And the rise and fall of Zulily, once seen as an Amazon challenger, underscores the evolving e-commerce landscape dominated by giants. Join us for a quick update on the latest retail disruptions and their implications for the industry.
