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You are here: Home / Archives for Chic & Current

White House Indirectly Admits That Americans Pay for Tariffs

May 20, 2025 by Gavin Pyke

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 James Archer

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 Gavin Pyke

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

The Kellogg’s Financial Crisis Deepens—Sales and Profits in Freefall

May 20, 2025 by Franchesca Minnies

WK Kellogg Co., the North American cereal division spun off from Kellogg Co. in late 2023, is grappling with significant financial challenges. Despite efforts to modernize operations and revamp product lines, the company reported a 6.2% decline in first-quarter net sales for 2025, dropping to $663 million from $707 million the previous year. This downturn is attributed to an 8.6% decrease in sales ...

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Filed Under: Retail Watch

Trader Joe’s Cashes In on ‘Tariff Proof’ Strategy — Expands Nationwide

May 20, 2025 by Priscilla Nyathi

The slashing of jobs across four states has taken a toll, triggering a new wave of economic anxiety as over 110 companies close down. Trader Joe’s is charting the opposite course, expanding aggressively nationwide. While mass layoffs and bankruptcies grip legacy retailers, Trader Joe’s thrives, leveraging a “tariff-proof” strategy that shields it from the shocks upending the industry. This ...

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Filed Under: Retail Watch

Early Effects of Tariffs Reach U.S. Consumers

May 20, 2025 by James Archer

Americans consumers are beginning to feel the effects of recently imposed tariffs, with early price increases and potential shortages of goods reported across the retail sector. Although the full effect of these trade policies has yet to be realized, early indications are already showing up on store shelves — a harbinger of tougher days to come, especially for cost-conscious families. As ...

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Filed Under: Chic & Current, Retail Watch

Target Declares Victory, CEO Says It “Solved Retail’s Biggest Problem”

May 19, 2025 by Franchesca Minnies

Retail theft and inventory shrinkage have long plagued the retail industry, costing billions annually and squeezing profit margins. Target CEO Todd Vasos recently declared that Target has made significant progress in tackling this persistent challenge, marking a potential turning point for the sector. By implementing a multi-faceted strategy that includes store closures, enhanced security, and ...

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Filed Under: Retail Watch

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