Modern Retail Roundup: Amazon Reportedly Launching a Temu-Reminiscent Section, Fancy Food Show Takeout, and Walgreens Closing Stores

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In this week’s Modern Retail Rundown, employees discuss Amazon’s next move to compete with low-cost marketplaces like Temu and Shein. This week, the Information reported that the e-commerce giant plans to launch a program that will allow retailers to ship low-cost goods directly from China. This week, the Fancy Food Show also took place in New York City, where we discuss some of the most talked-about trends from the event. Finally, Walgreens announced plans to close its underperforming stores and focus on profitable locations.