Clothing rental service Nuuly reaches profitability, beating rival Rent the Runway to the benchmark

[ad_1] Nuuly warehouse Natalie Rice Urban Outfitters’ clothing rental service Nuuly has eked out its first profit thanks to a steady stream of new subscribers and a whopping 86% jump…

No more freebies: Companies crack down on customer perks and rewards

[ad_1] Shoppers at Brickell City Centre in Miami, Florida, US, on Wednesday, June 14, 2023.  Eva Marie Uzcategui | Bloomberg | Getty Images It’s not your imagination: Companies are getting…

Lululemon shares surge after reporting 24% sales growth, raising full-year guidance

[ad_1] Lululemon reported earnings that beat Wall Street’s estimates on the top and bottom lines Thursday and raised its full-year guidance, bolstered by improvements in China and freight costs. Shares…