Discover retail trends, strategies, and innovations shaping the industry.
E-commerce
Chinese e-commerce giant Temu, once the poster child for bargain shopping, is facing a major pricing crisis in the U.S. after slapping steep import charges on its customers. In response to President Donald Trump’s newly imposed 145% tariffs on Chinese imports, Temu has started adding similar import fees
E-commerce
Fast-fashion giant Shein Group has sharply increased US prices on a range of products—from dresses to kitchenware—ahead of looming tariffs on small parcels from China and Hong Kong, marking an early sign of potential cost pressures for American consumers. Most of the price hikes took effect on Friday,
Retail
French luxury powerhouse Hermès announced it will increase prices in the U.S. starting May 1, as it moves to offset the financial impact of President Donald Trump's newly imposed tariffs. The decision comes as the luxury brand seeks to absorb the 10% universal import duty levied by
E-commerce
Temu and Shein, two of the fastest-growing e-commerce platforms in the U.S., are preparing to raise prices for American customers starting April 25th. The change comes in response to former President Donald Trump’s new round of tariffs targeting goods shipped from China. Under the updated policy, a staggering
Retail
In a significant strategic shift, Dollar Tree announced on Wednesday that it will sell its Family Dollar business to a group of private equity investors for approximately $1 billion. The deal concludes a nearly year-long search for a buyer for the underperforming discount retail chain, and marks a sharp pivot
Retail
While many discount retailers struggle in 2025—prompting store closures at chains like Big Lots and Dollar General—Five Below is taking a different path. The teen- and tween-focused discount chain announced it will open 150 new stores this year, a bold move in a sector grappling with inflationary pressure
Retail
Forever 21, once a dominant force in American mall culture and a fast-fashion pioneer, has filed for bankruptcy protection for the second time in six years. This time, the outlook is even more grim. The operating company behind the brand is expected to liquidate all U.S. operations and close
Retail
Retail store closures are accelerating in 2025, and now Dollar General is the latest major chain to downsize. Following the likes of Joann Fabrics, Walgreens, and Big Lots, Dollar General Corporation announced it will shutter 141 stores across its two brands: Dollar General and PopShelf. The closures were revealed in
Food
PepsiCo Inc. is reportedly in advanced negotiations to acquire Poppi, a rapidly growing functional soda brand, in a deal valued at over $1.5 billion. According to sources familiar with the matter, the announcement could come as early as next week, although talks are still ongoing and could face delays.
Retail
Retail giants Shein and Temu, known for their low-cost, direct-to-consumer goods shipped from overseas, experienced a noticeable sales slowdown following former President Donald Trump's February announcement targeting tariffs and the de minimis import loophole. According to Earnest Analytics, which tracks debit and credit card spending from millions of
Retail
Walgreens, one of the most recognizable names in American retail pharmacy, is going private after nearly a century as a publicly traded company. The struggling drugstore chain announced on Thursday that it has reached a deal with private equity firm Sycamore Partners in a transaction valued at up to $23.
Food
Chipotle Mexican Grill is gearing up for its busiest time of the year, known as “burrito season,” by launching a massive hiring initiative and leveraging artificial intelligence (AI) tools to streamline the process. The company aims to bring on 20,000 new employees, ensuring its restaurants are fully staffed for