Rundown: Express's financial woes, retailers ban shoppers for excessive returns & Walmart eyes Vizio acquisition
Every week on the Modern Retail Rundown, we cover the latest headlines from the retail world. On this week’s show, we take a look at Express’ financial status in light of mounting debt and potential bankruptcy reports. Next, online returns rate continue growing among retailers – as highlighted by a story in The Cut this week -- and it's leading some brands to ban shoppers with a penchant for returning products. Finally, Walmart is reportedly interested in buying Vizio -- which could mean more competition with Amazon. Get more from Modern Retail with the daily newsletter, sent out each weekday morning. Visit modernretail.co/newsletters to sign up.