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You are here: Home / Archives for Chic & Current

The Trade War Is Over; China Accepts US Terms

May 12, 2025 by Hayley Hoatson

After years of impending tariffs and economic brinksmanship, the United States and China have reached a 90-day truce, slashing tariffs dramatically and increasing hopes for easing the protracted trade war. The agreement, reached in top-level talks in Geneva, requires the U.S. to slash tariffs on Chinese imports and vice versa by 115%. While world markets and experts are meeting this breaking ...

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Filed Under: Retail Watch

Europe Pivots Away From ‘Cursed’ Made In America Products

May 12, 2025 by B Wellington

Across Europe, a growing number of consumers are rejecting American-made goods—and not just for political reasons.  Once associated with innovation and status, Tesla and other high-profile U.S. brands are now being described in online forums as “cursed,” symbolic of cultural imperialism, inflated prices, and corporate overreach.This shift, fueled by U.S. tariffs and trade tensions, has ...

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Filed Under: Retail Watch, Uncategorized

Mattel CEO To Washington: 0 Tariffs On Toys Or Aggressive Price Hikes

May 12, 2025 by Katarina Sakoschek

It’s official. After decades of fluorescent lighting, floor-to-ceiling crop tops, and club-ready bodycon dresses, Forever 21 has shut down every single U.S. store. The fast-fashion giant, once a mall favorite for budget-conscious teens and twenty-somethings, filed for Chapter 11 bankruptcy for the second time in six years. By May 1, 2025, all 354 U.S. locations had locked their doors for good. ...

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Filed Under: Price Pulse

The MET Gala Was A Clown Parade Of America’s Out Of Touch Elites

May 12, 2025 by Katarina Sakoschek

The 2025 Met Gala on May 5 was set against a backdrop of real problems afflicting the world. Wars in Gaza and Ukraine, rising tariffs around the world, and economic uncertainty everywhere. But for one night, the world's focus was momentarily turned to New York's Metropolitan Museum of Art, where fashion, art, celebrities, designers, and cultural icons converged to celebrate. The theme, ...

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Filed Under: Chic & Current, Sustainably Stylish

Major Pharmacy Retailer Shutting 200 Stores—How Will It Impact Your Beauty Haul?

May 12, 2025 by Trichelle Nieuwenhuizen

A major pharmacy retailer is set to close nearly 200 stores next month, marking another wave in the ongoing trend of drugstore downsizing across the U.S. This move, which has been seen from multiple retailers in the past few months, is proof of the industry's challenges. Declining prescription reimbursements, rising theft, and shifting consumer habits toward online shopping and big-box retailers ...

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Filed Under: Chic & Current, Retail Watch, Uncategorized

Walmart Makes Bold Patriotic Move Before Tariffs Hit America

May 12, 2025 by B Wellington

As sweeping tariffs reshape America’s economy, Walmart is making waves with a bold, patriotic pivot. In a tense global trade climate—where tariffs on Chinese goods are spiking up to 145%—the retail giant has launched a major initiative backing American-made products.  Ahead of the full tariff rollout, Walmart unveiled its “Grow with US” program, investing directly in domestic manufacturing ...

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Filed Under: Retail Watch

Popular American Gym Chain Files for Bankruptcy

May 12, 2025 by Trichelle Nieuwenhuizen

In the past few years, how people see their expenses has completely changed, especially when exercising. For one particular gym, this struggle has taken its toll in more ways than one. With many gyms facing closures and financial distress after Covid, a popular American gym chain is following in the footsteps of many major retailers and gyms. Known as "the world's trusted fitness authority," ...

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Filed Under: Chic & Current, Retail Watch

Iconic Mall Chain Announces More Permanent Closures Nationwide

May 9, 2025 by Tarryn Adonis

The retail landscape in the United States is undergoing a profound transformation, marked by the widespread closure of many iconic mall stores and chains. This shift is being driven by changing consumer behaviors, the growth of e-commerce, and economic pressures that have intensified since the late 2000s and accelerated during the COVID-19 pandemic. The closures of major retailers such ...

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Filed Under: Chic & Current, Retail Watch

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