Discover retail trends, strategies, and innovations shaping the industry.
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
Business Insights
Joann Inc., the popular arts-and-crafts retailer, has filed for Chapter 11 bankruptcy protection for the second time. The 80-year-old company faces significant financial challenges, prompting a decision to seek a sale process to stabilize its operations. This filing highlights the ongoing pressures that have plagued the retailer despite prior restructuring
Business Insights
Retail giant Kohl’s has announced plans to close 27 underperforming stores across 15 states by April. The move comes as the Wisconsin-based retailer works to address challenges in recent quarters, including what former CEO Tom Kingsbury described as "frankly disappointing" sales. Kingsbury stepped down from his role
Business Insights
Franchising is no longer about following someone else’s playbook. Today, entrepreneurs are diving into creative, unique, and downright quirky franchise opportunities that align with their passions and interests. From supporting new moms to catering to cat lovers, here’s a look at some of the most innovative franchises reshaping
E-commerce
Amazon has announced it will discontinue its Prime Try Before You Buy program—a subscription feature allowing members to try clothes, shoes, and accessories at home before purchasing—effective January 31, 2025. The move, confirmed by a notice on Amazon’s website, comes as part of CEO Andy Jassy’s
Business Insights
Shein, the fast-fashion giant known for its ultra-cheap clothing and rapid production cycles, is once again making headlines as it pushes forward with plans for an initial public offering (IPO). The company is targeting the London Stock Exchange (LSE) for its debut, potentially as early as April. This marks a
Business Insights
Italy’s iconic luxury house Prada is reportedly among potential suitors for Versace, the famed fashion brand owned by struggling Capri Holdings. According to sources, Prada has partnered with Citi to explore a possible bid, a move that could reshape the luxury landscape amid a volatile market. The Context Capri
Retail
Macy’s has announced plans to close 66 "non-go-forward" store locations as part of its ongoing strategy to adapt to changing consumer habits and a challenging retail industry. The move comes as the department store giant grapples with declining sales, increased competition, and the broader shift toward online