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You are here: Home / Archives for Chic & Current

First It Was Canada – Now Europeans Are Avoiding US Brands Too

May 22, 2025 by B Wellington

For years, American products, both physical and digital, held a special kind of allure. From fast food to tech gadgets, owning what was seen on U.S. TV shows or Netflix hits felt like a slice of that lifestyle. Spotting those familiar brands on foreign shelves brought a sense of connection, like stepping into the world of the shows we binged. But that connection is changing.  More and more ...

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Filed Under: Chic & Current, Retail Watch

Retail Meltdown Hits New Low—2,500 More Closures Expected By July

May 22, 2025 by Priscilla Nyathi

Like wildfire, the retail collapse is quickly spreading across the industry. Up to 2,000 store closures were announced in the first quarter of 2025 alone, with projections now expecting 15,000 shut doors nationwide by year-end, over twice 2024's record 7,325 closures67. It is no flash in the pan but a shift in composition, driven by the magnitude of e-commerce, the sting of inflation, and ...

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Filed Under: Retail Watch

Top Shoe Brand Opens New US Factory While Still Holding Prices Steady

May 22, 2025 by B Wellington

Most shoes on U.S. shelves—nearly 99%—come from overseas. So when prices spike, it’s easy to blame inflation or brands. But trade tensions and rising tariffs are now the hidden forces driving up costs.  A recent survey found 78% of Americans have delayed buying shoes because of high prices. That’s why one major brand’s decision to expand U.S. manufacturing without raising prices is causing ...

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Filed Under: Chic & Current, Retail Watch

Struggling American Fashion Retailer Closes 28 Locations, More Expected

May 22, 2025 by Trichelle Nieuwenhuizen

American retail has suffered in the past few years, and many retailers are experiencing an enormous shift. As brick-and-mortar locations struggle to keep pace with digital-first rivals and evolving shopper expectations, closing these stores helps them adapt to the rapidly changing marketplace and ensure they come out on top. This company recently announced the closure of 28 stores in the first ...

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Filed Under: Chic & Current, Retail Watch

Walgreens Initiates Closure of 1,200 Stores Nationwide

May 22, 2025 by Kieran Schalkwyk

Walgreens has cemented itself over the years for providing quality products at reasonable prices, but recently, they've made an announcement that could impact millions of Americans across the United States. In a bid to cut costs and improve profitability in a declining retail landscape, 1,200 stores are going to be shut down in multiple states in the future. A comprehensive list has not been ...

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Filed Under: Retail Watch

USDA Approves Soda Ban for Food Stamps in First State

May 22, 2025 by Jaemie Duminy

For the first time ever, the U.S. Department of Agriculture (USDA) has allowed one state to ban the purchase of soda and energy drinks using food stamps. This change aims to encourage healthier food choices among low-income families. This change comes after years of debate about whether taxpayer money should be used to buy sugary drinks. While supporters believe that the ban could reduce ...

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Filed Under: Chic & Current, Retail Watch

The Real Reason America’s Target Era Is Never Coming Back

May 22, 2025 by Priscilla Nyathi

The once mighty Target's stock fell to $90.46 in April 2025, dropping 63% from its highest point in 2021, as shoppers began to boycott the company.DEI policy reversals and failed nostalgia plays exposed more structural weaknesses at its core.  Target was known for bringing style and affordability, but today it's struggling to survive. Changing shopper habits, more online competition, and ...

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Filed Under: Retail Watch

Walmart CEO Reveals Strategy to Maintain Low Prices Amid Tariffs

May 21, 2025 by B Wellington

Inflation-weary shoppers may assume price hikes are inevitable—but Walmart is fighting to prove otherwise. With new import tariffs hitting 10% across the board—and as high as 30% on select goods—retailers are squeezed harder than ever. For Walmart, which reaches nearly 90% of U.S. households weekly, the stakes couldn’t be higher. This isn’t just about economics; it’s about upholding a decades-old ...

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Filed Under: Chic & Current, Retail Watch

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