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You are here: Home / Archives for Chic & Current

9 Products That Could Disappear by Summer Due to Supply Shortages

May 21, 2025 by Priscilla Nyathi

Paint a picture of walking into a local shop this summer and finding entire aisles of products that have disappeared with no notice, just gone. It is not a bad dream from a dystopian novel but a looming prospect driven by coalescing supply chain nightmares, geopolitical tensions, and raw material shortages. Most consumers have no idea how fragile global supply chains have become. With tariffs ...

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Filed Under: Retail Watch

Costco Confirms Nationwide Shutdown Of All US Stores For 24 hours

May 21, 2025 by Kieran Schalkwyk

Costco has long stood as a figure of American shopping culture. Millions of consumers walk through Costco's doors every year, drawn in by their mix of quality goods at affordable prices. As many shoppers rely on the retail giant for all of their basic needs and more, they may be hit with an unexpected sight. This May will see Costco close their doors for one day, which could inconvenience ...

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Filed Under: Retail Watch

Once Popular Fashion Brand Closes 100 Stores To Stay Afloat

May 21, 2025 by Kieran Schalkwyk

Fossil has been a dominant name in fashion accessories for decades, but is now facing a steep sales decline. The company said, "The sales decrease was largely driven by overall category, consumer, and channel softness." Fossil has already closed 50 of its locations in 2024. As of Q1 2025, the brand has already cut 28 more stores and plans to cut roughly another 26 in the coming months. This ...

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Filed Under: Retail Watch

Walmart Betrays Trump, Says Price Hikes ‘Imminent’

May 21, 2025 by B Wellington

In a major economic clash that could affect millions of American families, one of the country’s biggest retailers is openly pushing back against the White House’s economic plans. The move comes as inflation continues to worry shoppers nationwide.  With global trade tensions rising, the company’s warning has sparked what analysts call "an unprecedented public confrontation" between ...

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Filed Under: Chic & Current, Retail Watch

White House Indirectly Admits That Americans Pay for Tariffs

May 20, 2025 by B Wellington

For years, Americans were told that tariffs on foreign goods would make other countries foot the bill—boosting U.S. jobs while protecting local industries. But economists have long warned: that’s not how tariffs usually work.  In fact, research shows over 90% of tariff costs are passed on to U.S. consumers and businesses. Now, without much fanfare, the White House has subtly acknowledged ...

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Filed Under: Chic & Current, Retail Watch

Walmart Told to Fall in Line and Not Raise Its Prices Despite Tariffs

May 20, 2025 by Tarryn Adonis

One of America’s biggest retailers is warning that prices may be getting more expensive for customers but political pressure is mounting to keep prices steady. Walmart has also signaled that escalating tariffs on imports are squeezing its margins, forcing companies to pass on the cost to consumers. But now, the retailer is facing a public rebuke from the highest level, with President Donald ...

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Filed Under: Chic & Current, Retail Watch

9 American Companies Scalped By Private Equity Firms

May 20, 2025 by Priscilla Nyathi

Despite controlling only 6.5% of the US economy, private equity firms were responsible for 56% of large corporate bankruptcies in 2024—a startling disparity that suggests systemic risk. Beneath the glitzy promise of reviving faltering businesses is a pattern of aggressive financial engineering—leveraged buyouts, cost cutting, and asset stripping—which frequently destroys iconic American brands and ...

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Filed Under: Retail Watch, Uncategorized

Starbucks Attempt At Replacing Baristas With Machines Backfires

May 20, 2025 by B Wellington

Many believed automation was the future of fast, efficient service—even for your morning latte. Starbucks leaned into this idea hard, betting big on machines to replace baristas. But it didn’t pan out.  Last month, CEO Brian Niccol admitted that the tech-first strategy failed, saying bluntly, “Equipment doesn’t solve the customer experience.” Despite cutting labor, Starbucks saw slower ...

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Filed Under: Chic & Current, Retail Watch

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