Stitch Fix announced on Thursday that it will cut 20% of its salaried workforce and that CEO Elizabeth Spaulding will step down from her post. Spaulding, who spent only 17 months on the job, said in a ...
Stitch Fix (SFIX 0.92%) entered 2020 having grown revenue by just 8.5% in 2019. But a combination of improvements to its recommendation engine and a wider selection of items helped boost revenue ...
According to data compiled by the U.S. Census Bureau, online-only merchants have (unsurprisingly) been the best-performing segment of retail in 2020 year to date with sales up 22% year over year.
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