Rundown: Price hikes backfire, Shein & Temu suppliers struggles & Peloton's TikTok partnership
The Modern Retail Podcast · Digiday
January 6, 202431m 3s
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Show Notes
This week on the Modern Retail Rundown: First, an overview of major CPGs like PepsiCo and retailers like Target receiving backlash for relentlessly raising prices the past few years. Then, a new report says that Shein and Temu's suppliers are being squeezed, experiencing thin margins and pressure to cut prices. Finally, Peloton's latest turnaround strategy includes launching content on TikTok.