Weekender: 18 retailers at risk of bankruptcy as consumers tighten wallets in 2022

 
 

Weekender

Oct.​ 8,​ 2022 | A roundup of this week’s most read stories
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

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Oct. 7 - Will Adidas drop Yeezy? | Stitch Fix ends inclusive apparel line

Friday, October 7, 2022

Adidas says its Yeezy partnership is 'under review'; Stitch Fix to close factory, cease production of sustainable, size-inclusive private label; Amazon ends field tests for delivery bot Scout;

Oct. 6 - Peloton cuts jobs, again | Under Armour replaces president of the Americas

Thursday, October 6, 2022

Peloton cuts 500 jobs after losing 'more than $100M on retail' last year; Under Armour replaces president of the Americas; Nordstrom's tech chief to step down this month; Walmart rolls out

Oct. 5 - Retail’s 2022 CEO exodus | Amazon reportedly freezes hiring

Wednesday, October 5, 2022

In latest sign of shifting priorities, Amazon reportedly freezes corporate hiring in its retail operations; Cowen sees holiday gloom ahead for retail; Target names chief digital, product officer; REI

Oct. 4 - Poshmark acquired for $1.2B | Amazon rebrands discount Prime membership

Tuesday, October 4, 2022

Poshmark has deal to sell itself for $1.2B; Another Goodwill resale site launches as the market takes off; Amazon's discounted membership gets a rebrand as it launches Amazon Access hub; Allbirds

Oct. 3 - These retailers are at risk of bankruptcy | Could Rue21 restructure?

Monday, October 3, 2022

Rue21 hires advisers for possible restructuring: WSJ; Victoria's Secret unveils latest message in branding revamp; Spanx names new CEO; In settlement with Lululemon, Peloton will phase out certain

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