Need is up at food banks this holiday season
Marketplace All-in-One
Marketplace
4.5 • 1.4K Ratings
🗓️ 28 November 2023
⏱️ 8 minutes
🧾️ Download transcript
Summary
The weeks around Thanksgiving and Christmas are often some of the busiest times of the year for food banks. And demand is up this year, as holiday expenses compound the stress that inflation and the end of pandemic-related federal benefits have placed on household budgets. Also on the program: a fast fashion IPO and a first for sustainable aviation.
Transcript
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| 0:00.0 | Hi, it's Sabrie Beneschoor with Marketplace. |
| 0:02.3 | Are you looking for a way to show off your love of Marketplace this winter? |
| 0:05.7 | Well, look no further. |
| 0:07.0 | We've got Marketplace hoodies, beanies, mugs, and new Marino wool socks. |
| 0:11.7 | Stay cozy this winter while making it clear that you |
| 0:14.7 | support public service journalism check out all of our thank you gifts and make |
| 0:19.1 | your year-end donation now at market.org slash donate. |
| 0:24.0 | A new strategy to make a quick buck in fast fashion. |
| 0:28.0 | I'm David Brancaccio in New York. |
| 0:30.0 | Published reports say fast fashion brand Sheein will soon sell stock to the public |
| 0:36.0 | with an offering listed in the US. This would come amid criticism of this company founded |
| 0:40.8 | in China for its environmental impact and alleged human rights |
| 0:44.4 | violations including forced labor. |
| 0:46.8 | Marketplace is Nancy Marshall Genser has more. |
| 0:49.7 | Shein offers fast and cheap fashion with $5 shirts and $8 sweaters. |
| 0:55.6 | Now Reuters is reporting that Sheehan has confidentially filed for an initial public |
| 1:00.4 | offering which would make its shares available on U.S. stock exchanges. |
| 1:05.0 | Sheehan hasn't responded to a request for comment to confirm this, but if sheehan is planning |
| 1:10.2 | an IPO, it'll need to meet securities and exchange commission requirements. |
| 1:14.8 | Attorneys general from a group of states have asked the SEC to audit |
| 1:18.7 | Shee in supply chain to be sure it's not using forced labor. |
| 1:22.6 | A bipartisan group of U.S. lawmakers wants the SEC to make Sheehan independently verify there's no forced labor. |
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