New Economic Realities   //   March 30, 2024

Modern Retail Rundown: H&M inches makes profitability progress, Wirecutter reviews & Dollar Tree price hikes

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This week: H&M inches toward profitability under its new CEO, with the company planning to focus on cost-cutting and competing for price-conscious fast-fashion customers. Next, we also look at a Bloomberg story analyzing why being picked as Wirecutter’s top wok ended up overwhelming the small shop that carries the product. Lastly, Dollar Tree announced plans to raise prices on select items to lure its growing high-income customer base.