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Rundown: Dollar Tree sells Family Dollar, GameStop bets on Bitcoin & H&M's profit plummets
On this week's Modern Retail Rundown, the staff discusses Dollar Tree's decision to offload its struggling Family Dollar segment for $1 billion. Meanwhile, GameStop plans to close a "significant number" of stores as it ponders investments in cryptocurrency. Finally, H&M reported weaker-than-expected earnings this week, pointing to high markdowns and inflation woes.
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By Digiday
4.6
7676 ratings
On this week's Modern Retail Rundown, the staff discusses Dollar Tree's decision to offload its struggling Family Dollar segment for $1 billion. Meanwhile, GameStop plans to close a "significant number" of stores as it ponders investments in cryptocurrency. Finally, H&M reported weaker-than-expected earnings this week, pointing to high markdowns and inflation woes.
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