Stephanie Korey, co-founder and CEO of luggage company Away, discusses its accomplishments since launching in 2015. We talk plans for expansion, as the company has raised $31 million to date.
In less than two years, Away has sold 250,000 suitcases and already has several retail stores, with plans to open more in the coming year. We discuss new regulations by airlines that only permit "smart" suitcases with removable batteries on board.
The company looks to expand into a lifestyle brand with the launch of "Here" magazine and a new podcast called "Airplane Mode." Korey gives us a brief tease into advancements in the company's luggage which we may see in the coming months.
Vanguard's "How America Saves" report analyzes U.S. retirement trends, focusing on 401(k) plans, including automatic enrollment and contribution rates.
Amazon says it had its best Prime Day sales event ever this week with $14.2 billion spent online on Tuesday and Wednesday, up 11% compared to last year.
