Today In Retail: CarLotz Gets Green Light From Its Investors For Merger; PriceSmart’s Net Merchandise Sales Climb 7.7 Pct
PYMNTS
JANUARY 8, 2021
In today’s top retail news, CarLotz, Inc. says it has received the necessary approval from its investors to complete a potential merger with a blank-check company, while PriceSmart, Inc. reported a 7.7 percent rise in net merchandise sales from Q1 fiscal 2020 to Q1 fiscal 2021. Plus, Family Video said this week that its closing all of its physical retail locations.
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