• Fashion & Shopping

    Amazon plans a new rival for retailers: a physical clothing store.

    Amazon, which has posed formidable challenges to booksellers, big-box chains and grocers, has a new kind of retailer in its sights: physical clothing stores. The company said on Thursday that it planned to open a clothing store called Amazon Style this year in Glendale, Calif., at a shopping center called The Americana at Brand. Renderings of Amazon Style shared by the company call to mind a department-store chain like Nordstrom or an off-price chain like T.J. Maxx. Items will range in price from $10 to $400, the company said in an email, and the store will be about 30,000 square  

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  • Health & Fitness

    Peloton rival iFIT postpones IPO as volatility concerns grow

    A specialist trader works inside a booth on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., October 6, 2021. REUTERS/Brendan McDermid Oct 7 (Reuters) – IFIT Health & Fitness Inc postponed its U.S. initial public offering on Thursday, citing unfavorable market conditions that have investors worried about growing volatility in capital markets. While the United States has recently enjoyed a bull run in its capital markets, defaults at Chinese property developers tied to the fate of cash-strapped Evergrande, record-high energy costs and inflation have stoked investor worries and market swings. IFIT is the first  

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