Retail

Hits: 2As Warby Parker and Allbirds prepare for their public debuts, they’re forging a new path to try to achieve profitability and moving away from their “DTC” roots. Source

Hits: 1In the second quarter, midtown Manhattan vacancies reached 19% of total space, according to Cushman & Wakefield data. Source

Hits: 3More than 40% of consumers say they are worsening their financial situation by doing things like making impulse purchases and carrying more debt. Source

Hits: 3Restaurant tech start-up Agot AI has closed a $10 million funding round that will help the firm work toward its mission of improving fast-food order accuracy. Source

Hits: 1The report projected the number of digital consumers in Southeast Asia will reach 350 million by the end of this year. Source

Hits: 2Prices of goods online have now risen for an unprecedented 15 consecutive months, following what was a historical period of declines, according to a report. Source

Hits: 3PepsiCo is hoping to release new plant-based snacks and drinks made through its joint venture with Beyond Meat by early 2022. Source

Hits: 5Amazon’s upcoming event is part of an effort to make the site a go-to destination for beauty and personal care items. Source

Hits: 2The companies will use Ford Escape hybrids with Argo AI technology for Walmart deliveries in Miami, the District of Columbia and Austin, Texas. Source

Hits: 2Singapore-based Carousell said it is now valued at $1.1 billion — which makes it Southeast Asia’s latest unicorn. Source