retail therapy

Shein accuses Temu of running “fraud” marketplace.

“Moreover, Shein claims that Temu has “continuously directed and used unfair and unlawful means” to compete, including by stealing valuable trade secrets, “egregiously” infringing on Shein’s copyrights, as well as poaching its resources, employees, and suppliers.” ~ learn more

retail therapy

FTC says no more fake reviews, please.

“The U.S. Federal Trade Commission has finalized its rules to combat fake reviews and testimonials, including those generated by A.I., by prohibiting their sale or purchase. The rule will also allow the commission to seek civil penalties against knowing violators.” […]

retail therapy

Nike: an epic saga of value destruction.

Former Nike marketer Massimo Giunco indicts the three key strategic decisions taken by CEO John Donahue since January 2020. 1) Eliminating sports-based categories in favor of men/women/kids; 2) Cutting wholesale sales in favor of d2c; 3) Centralizing its marketing model […]

retail therapy

Amazon and Temu swap strategies.

“Temu wants to be more like Amazon, to reduce supply chain risk and offer faster shipping, while Amazon is racing to replicate Temu because it cannot ignore the fact that its low prices trump Amazon’s convenience for some shoppers.” ~ […]

retail therapy

Nike sues The Shoe Surgeon for $60 million.

“Within the lawsuit, Nike lawyers explicitly state that this case is not concerning the one-of-one customisations, but rather Ciambrone’s ‘attempts to build an entire multifaceted retail empire through their unauthorized use of Nike’s trademark rights and the associated goodwill that […]

retail therapy

Warehouse injuries.

Senator Bernie Sanders published an “interim report” this Prime Day, based on Amazon warehouse injury data from the week of Prime Day 2019. The report claims the company experienced 45 injuries per 100 workers. That’s a shockingly high rate, right? […]

retail therapy

The 30-year mortgage is an intrinsically toxic product.

Byrne Hobart spent a lot more time thinking about this than the rest of us: “The thirty-year fixed-rate prepayment-option mortgage is an economic disaster. It encourages mass malinvestment. Policies designed to help low-income people build wealth actually trap them at […]

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Home is where the cartel is.

“My view is that the “market urbanist” diagnosis of the problem is more persuasive than its prescription for addressing it. As a positive matter, they just won’t win the political fights they propose. On normative grounds, I’m not sure that […]

retail therapy

Will Foxtrot make a come-back?

At least one guy (me) hopes so. “Multiple Chicago landlords are considering deals with the new ownership group of Foxtrot, which several people familiar with the matter have said involves the brand’s founder Mike LaVitola.” ~ learn more