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Kristen Schwab

๐Ÿ‘ค Speaker
See mentions of this person in podcasts
2210 total appearances

Appearances Over Time

Podcast Appearances

Marketplace
The cost of SNAP restrictions

But at his smaller stores, he says adding foods like green beans, corn, peas, and diced tomatoes to meet the requirements would take valuable shelf space from better-selling items.

Marketplace
The cost of SNAP restrictions

Which is why Forsyth says he may have to make the difficult decision to stop accepting SNAP at some of his smaller stores.

Marketplace
The cost of SNAP restrictions

I'm Carla Javier for Marketplace.

Marketplace
The cost of SNAP restrictions

There's a sort of curious retailer lurking around every corner of my social media feed.

Marketplace
The cost of SNAP restrictions

And if you're a millennial like me, chances are it's lurking around yours as well.

Marketplace
The cost of SNAP restrictions

Quince.

Marketplace
The cost of SNAP restrictions

It's a San Francisco-based online retailer known for its affordable copycats of luxury goods, a handbag that looks strikingly similar to one by Loewe, luggage that people compare to those Away suitcases, and $50 cashmere.

Marketplace
The cost of SNAP restrictions

Amanda Mull at Bloomberg wrote about Quince, how it decides what to make and how it keeps prices low.

Marketplace
The cost of SNAP restrictions

Amanda, thanks for joining us.

Marketplace
The cost of SNAP restrictions

Yeah, it's great to be here.

Marketplace
The cost of SNAP restrictions

I always enjoy coming on.

Marketplace
The cost of SNAP restrictions

So for the uninitiated, what is Quince and what do they sell?

Marketplace
The cost of SNAP restrictions

Quince is an online clothing retailer, although I think it might be a little bit misleading to call it that now.

Marketplace
The cost of SNAP restrictions

You know, Quince has been around for a really short time and it started with clothes and now it sells furniture and supplements and kids stuff and pretty much anything that you can imagine.

Marketplace
The cost of SNAP restrictions

Yeah, I've always found Quince to be really mysterious.

Marketplace
The cost of SNAP restrictions

Like, to me, it doesn't have a lot of its own personality as a brand, but it also sells a lot of things that seem to be trending.

Marketplace
The cost of SNAP restrictions

I also randomly got an ad for Quince this morning for champagne and caviar.

Marketplace
The cost of SNAP restrictions

Tell me a little bit more about what's going on there.

Marketplace
The cost of SNAP restrictions

Yeah, so its demographic in the US is, you know, people who are relatively affluent, people who want to buy nice things, but maybe feel a little bit squeezed by prices right now.

Marketplace
The cost of SNAP restrictions

So it uses a data scraping operation to figure out what is selling sort of across the internet.