Modern Retail Rundown: Apparel sales rebound, Meta’s EU lawsuit & TikTok Shop’s traction in Southeast Asia
May 27, 2023 ■ 1 min read
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Digiday Media
Fabrics retailer Joann, which saw sales take off in the pandemic, revealed that net sales for its first fiscal quarter of 2024 dipped 4% year-over-year. Going forward, the company is focusing on what works, its executives announced -- mainly, its sewing and crafting businesses.
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