New Economic Realities   //   November 18, 2023

Modern Retail Rundown: Thrasio struggles, Amazon gets into car sales & retailers expect muted holiday sales

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Every week on the Modern Retail Rundown, the staff analyzes the latest news in the retail world.

This week: E-commerce aggregator Thrasio is reported to be preparing for a bankruptcy, per the Wall Street Journal. Amazon announced it’s going to start selling cars, with its first automaker partner being Hyundai. And this holiday season, retailers like Walmart and Target are setting expectations for slower sales.