How a New York-based retailer sold over $1bn worth of electronics for less than it was worth

Grange outlet sales have become a popular way for shoppers to shop for electronics.But, it turns out, a recent sale to a Chinese manufacturer didn’t go as planned for the store.In October 2018, Grange opened an outlet in Shanghai’s Shanghai district.It was set up as an outlet of sorts for Chinese sellers, but instead of […]