New Economic Realities   //   February 17, 2024

Modern Retail Rundown: Express’s financial woes, retailers ban shoppers for excessive returns & Walmart eyes Vizio acquisition

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Every week on the Modern Retail Rundown, we cover the latest headlines from the retail world.

On this week’s show, we take a look at Express’ financial status in light of mounting debt and potential bankruptcy reports. Next, online returns rate continue growing among retailers – as highlighted by a story in The Cut this week — and it’s leading some brands to ban shoppers with a penchant for returning products. Finally, Walmart is reportedly interested in buying Vizio — which could mean more competition with Amazon.