New Economic Realities   //   May 11, 2024

Modern Retail Rundown: Gopuff’s cash burn, Equinox’s new membership & Sweetgreen beef

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On this week’s Modern Retail Rundown: The Information reported that Gopuff lost $400 million last year in its quest to grow revenue. Equinox launched a new health and wellness program that costs $40,000 a year and promises members lifelong health. Meanwhile, Sweetgreen has upset fans by getting rid of arugula the same week it introduced steak to its menu.