Modern Retail Rundown: Athletic Brewing raises $50M, Nike brings back veteran exec & Costco raises membership fee

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On this week’s Modern Retail Rundown, the staff discusses the latest funding round raised by NA beer company Athletic Brewing in an effort to meet demand. Meanwhile, Nike announced it’s bringing former executive Tom Peddie back to be vp of marketplace partnerships as the company refocuses on wholesale. Lastly, in September, Costco is raising its annual membership fee by $5 — the first increase since 2017.