Modern Retail Rundown: Slowing U.S. retail sales, Thrasio’s comeback & Care/of troubles
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On this week’s Modern Retail Rundown, the staff discusses what May’s slowdown of U.S. retail sales could mean for consumer spending — and, in turn, the economy. Meanwhile, Amazon aggregator Thrasio lays out its comeback plan after filing for bankruptcy. Lastly, the team talks about updates at the subscription vitamin brand Care/of, which was acquired by Bayer in 2020.