Cailley LaPara | Times Square Investment Journal

Rent The Runway aspired to be the ‘Amazon Prime of Rental.’ That dream never made any sense

by Cailley LaPara | Nov 25, 2022

Fashion rental startup Rent the Runway touted an audacious goal for about a year: become the “Amazon Prime of Rental.” In March 2019, co-founder and chief executive Jenn Hyman gave CNBC anchors an idea of what she meant. “Anything that you do not use...

Dependence on subscriber growth leaves Rent the Runway on narrow path to profits

by Cailley LaPara | Nov 5, 2022

As Rent the Runway wraps up its first year on the stock market, the company is expected to see continued revenue growth as it seeks profitability. Investors will be focused on the company’s active subscriber count for evidence of executives’ assurance of a...

McDonald’s growth remained strong in third quarter as inflation ate into profits

by Cailley LaPara | Oct 31, 2022

McDonald’s Corp. on Thursday posted strong growth in a key sales metric, demonstrating the company’s resilience in a turbulent economy as it dominates competitors. McDonald’s reported global comparable sales rose 10% in the quarter ended September 30, a...

Rent the Runway plans heavy job cuts as subscribers drop off

by Cailley LaPara | Oct 9, 2022

Rent the Runway (RENT) announced plans to lay off nearly a quarter of its employees, a sign that the luxury apparel rental company is adjusting painfully to an uncertain retail environment. The layoff disclosure September 12 was the main piece in a restructuring plan...

Immune to market slump, these four major healthcare stocks are on an expansion kick

by Cailley LaPara | Sep 20, 2022

The economy may be ailing but dominant healthcare stocks have so far resisted infection, and look poised to continue thriving. Pharmacy retailer and insurer CVS (CVS) closed Friday at $102 per share, just about where it began the year. Leading drug manufacturer Eli...