Rundown: U.S. retail sales, Big Lots' liquidation & Vuori's new fundraise
The Modern Retail Podcast
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Retail Turmoil: Big Lots and the Evolving Landscape
This chapter explores the financial struggles of Big Lots amid post-holiday consumer behaviors and the company's failed acquisition efforts. It highlights the decline in net sales and significant debt faced by the retailer, contrasted with the thriving performance of other off-price retailers. The discussion concludes by examining the retail industry's shifting dynamics, including the rise of successful direct-to-consumer brands like Viore.
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