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You are here: Home / Archives for Chic & Current

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

China’s Financial House Of Cards Is Collapsing In Real Time

May 7, 2025 by Katarina Sakoschek

Once seen as an unstoppable economic force, China's financial system is now unraveling at a staggering pace. What was perceived to be a symbol of wealth and strength has been struck by a series of economic catastrophes. The once booming real estate sector is collapsing under the burden of gigantic debt, and the export-driven machine that fueled its economy is now on the verge of deceleration. ...

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Filed Under: Chic & Current, Price Pulse

Target Vows to Drop $2 Billion On Black-Owned Businesses in Effort to Win Consumers Back

May 7, 2025 by Hayley Hoatson

In 2021, Target made headlines by vowing to spend over $2 billion with Black-owned businesses over the next five years. This high-risk bet was presented as a response to the national reckoning on racial injustice during the Black Lives Matter movement. However, by early 2025, that optimism turned into a scandal. Target quietly dismantled its diversity initiatives, resulting in nationwide ...

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Filed Under: Chic & Current, Retail Watch

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