Walmart and Target are reportedly haggling with suppliers over proposed price hikes in the face of tariffs. As Reuters reported Monday (March 24), the outcome of these negotiations will decide when prices on products go up — and by how much — and could even...
Best Buy is launching an influencer program, following a model popularized by Amazon and Walmart. As The Street reported Sunday (March 23), both those retail giants have programs that let popular internet personalities curate their own digital storefronts. Now, Best Buy is getting in on...
Starbucks’ effort to reestablish itself as a coffeehouse is reportedly bearing fruit. In the last three weeks, the share of U.S. customers who have chosen to remain in the cafes and enjoy their beverages in ceramic mugs and glasses has risen more than threefold, Axios...
Tariff pressures are squeezing the retail and eCommerce sectors. What are the two behemoths dominating the space, Walmart and Amazon, doing in response? The answer, according to the news this week, is doubling down on technology to enhance operational efficiency and making calculated moves to...
Nike’s fiscal 2025 third quarter results offered up a snapshot of just how biting the trade war and tariffs may be. They offered a snapshot of waning consumer demand. And above all else the numbers — though not as bad as Wall Street might have feared...
Five Below has added a chief marketing officer (CMO) to promote the products it has added since beginning a reset of its business and to meet customers where they are: online. Five Below CEO Winnie Park announced the addition Wednesday (March 19) during the company’s...
Retailers are seeking discounts from suppliers and raising prices on goods amid America’s tariff efforts. As The Wall Street Journal (WSJ) reported Sunday (March 16), a lot of this activity has thus far centered on products from China, the subject of two rounds of 10%...
Produce suppliers and grocery stores have reportedly been busy adapting to the on-again, off-again tariffs imposed on Mexico and Canada. The changing policies have created challenges for companies that deal with fruits and vegetables, which are perishable and have thin profit margins, The Wall Street...
Mark your calendar for earnings reports. For Amazon it’s April 29. For Walmart it’s May 15. If you have any stake or interest in the fortunes of the American consumer, those dates will be ones to watch, because as the first quarter draws to...