Dick's Sporting Goods announced its acquisition of Foot Locker for $2.4 billion, offering $24 per share or stock options to Foot Locker shareholders. This deal marks a significant consolidation in the retail and sporting goods sectors, combining two leading U.S. brands. The transaction is expected to close in the second half of 2025 and represents a strategic milestone for Dick's to expand its ...
Kid Rock’s Nashville Bar Shuts Down To Avoid ICE Raid
Kid Rock’s Nashville bar made headlines, but it wasn't for the reason you might think an A-list bar would be. This popular bar shut down its kitchen operations over the weekend after widespread rumors of Immigration and Customs Enforcement (ICE) raids in downtown Nashville. This raid affected several bars and restaurants on Broadway, where fear of ICE presence led to significant staff ...
U.S. Lowers Tariffs on Chinese Small Package Imports – What It Means for Fashion
The recent decision U.S. government to decrease tariffs on small package imports from China marks a significant shift in trade policy, particularly impacting the fashion industry and e-commerce giants like Shein and Temu. The decision comes in the midst of rising tariffs and trade tensions between the world’s two largest economies, raising the prospects of global supply chain disruptions and ...
Inflation Data Reveals First Effects of Tariffs – What It Means for Shoppers
April’s inflation report offered a rare relief: prices climbed just 2.3%, marking the slowest increase in four years. But this apparent good news hides a brewing threat. Ongoing tariff shifts and trade tensions are poised to reverse that trend, injecting fresh pressure into every corner of the economy. Experts warn the calm won’t last. Beneath these numbers lies a coming storm, set to ...
Amazon Reveals New Plans That Will Change How People Shop for Fashion
Amazon is once again redefining the boundaries between entertainment and retail, unveiling new technology that promises to change how we shop for fashion and other items. By integrating advanced advertising features directly into its Prime Video platform, Amazon is further blurring the line between watching and shopping. These innovations are designed to make it easier than ever for viewers to ...
Full List of JCPenney Store Closures This Month – Is Your Location on the List?
JCPenney is a major American department store chain, but now, in May 2025, the company is closing several locations across the country. Many consumers might be wondering if their local store is on the chopping block or not. The closures are part of a broader industry trend, where many businesses are downscaling and withdrawing their reach. While the company has faced significant financial ...
Chinese Billionaire To Buy North America’s Oldest Company
Many assumed Hudson’s Bay Company—North America’s oldest business—was beyond saving when it filed for bankruptcy early this year. But in a stunning twist, Chinese-born Canadian billionaire Weihong Liu is poised to buy a large chunk of the retailer—and may revive its most iconic department: beauty. Her modern, Asia-inspired vision could turn The Bay from fading legacy to future-forward ...
Walmart Responds to Backlash Over Reinstating Harsh Policy
Walmart has brought back a controversial minimum basket fee for online orders paid with Electronic Benefits Transfer (EBT) cards, which has sparked widespread backlash. The $6.99 fee affects Walmart+ Assist members when their orders total less than $35. This fee was paused during the pandemic but is now being reinstated to cover the costs associated with picking and packing orders from ...