Discover retail trends, strategies, and innovations shaping the industry.
Food
Luckin Coffee, the Chinese chain that skyrocketed to popularity by outpacing Starbucks in its own strongest international market, is officially entering the U.S. — and it's not being subtle about it. The fast-growing brand launched its first two American stores on Monday in New York City, signaling a
Food
Del Monte Foods, a cornerstone of American pantries for over a century, has filed for Chapter 11 bankruptcy protection, signaling a dramatic turning point for the 138-year-old food company. Known widely for its canned fruits, vegetables, and iconic brands like Contadina and College Inn, the company is now actively pursuing
Retail
Home Depot has announced a definitive agreement to acquire GMS Inc., a major building products distributor, for approximately $4.3 billion in cash, intensifying its push to serve professional contractors and tradespeople. The acquisition, expected to close by early 2026, will be executed through Home Depot’s SRS Distribution subsidiary,
Artificial Intelligence (AI)
Mattel, the powerhouse behind beloved toy brands like Barbie, Hot Wheels, and Polly Pocket, has entered into an ambitious new partnership with OpenAI to bring generative artificial intelligence into the heart of toy-making and entertainment. This collaboration marks the first time OpenAI has teamed up with a toymaker, signaling a
Retail
Meta is preparing to make a significant move into brick-and-mortar retail, following a strategy that may mirror Apple’s global store presence. The company is developing plans to open physical stores and hire retail employees, marking a strategic shift aimed at boosting sales of its hardware products like Meta Quest
Retail
Dick’s Sporting Goods is acquiring rival Foot Locker in a $2.4 billion deal, signaling a bold move to expand its global footprint and solidify its role in the evolving retail landscape — even as trade tariffs and shifting consumer behavior introduce new risks. Announced Thursday, the acquisition will mark
Supply Chain
Amazon announced plans to invest approximately $4 billion by the end of 2026 to significantly expand its delivery infrastructure in rural areas across the United States. The initiative aims to triple the size of the company’s rural delivery network and dramatically reduce shipping times for customers in less densely
Food
In an effort to regain its footing after a disappointing quarter, Starbucks is rolling out a design-led strategy aimed at revitalizing the in-store experience and reestablishing its reputation as the world’s “third place” — the space between home and work where people gather, relax, and connect. During Tuesday’s quarterly
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