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Tag Archives: shoppers

IPO Report: ThredUp CEO on IPO day: Don’t tax resale and Amazon’s speed is a fading trend for young shoppers

Clothing resale site ThredUp Inc. launched its initial public offering at the top end of the projected range Friday, a funding injection that CEO James Reinhart wants to leverage to challenge competitor Amazon.com on the speedy retail giant’s environmental reputation. Sustainability is inherent in secondhand shopping, but ThredUp wants to …

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Social-distancing ‘champions,’ one-way store traffic, long lines — the new normal for England’s shoppers

Harrods, along with thousands of other U.K. shops, opened its doors for the first time in three months on Monday as Brits emerged from lockdown and stood in long lines to buy clothing, electronics and beauty products. Figures showed footfall — or the number of people entering a shopping area …

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