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You are here: Home / Archives for Chic & Current / Retail Watch

Target CEO Publicly Confesses To Huge Mistake As Boycotts Reach Breaking Point

May 15, 2025 by Gavin Pyke

For years, Target was seen as a corporate trailblazer—championing inclusivity through Pride collections, Black-owned brand partnerships, and progressive marketing. But despite the image, some warned it was more branding than belief. Now, those concerns are proving true. Early this year, Target quietly scrapped its $2 billion pledge to Black-owned businesses and scaled back LGBTQ+ displays, ...

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Filed Under: Retail Watch

Big Lots Is Exploding Into 70 New Cities—Here’s Where They’re Headed

May 14, 2025 by K. Frost

Big Lots is making a comeback in 2025, with 70 stores reopening in more than a dozen states across America. This expansion is partially due to new ownership - Variety Wholesalers. After filing for bankruptcy, over 200 Big Lots stores were acquired by Variety Wholesalers, which is pushing the brand back into the limelight with new inventory, expanded product lines such as new clothing ...

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Filed Under: Retail Watch

How Good Is the China Trade Deal for the Average Consumer

May 14, 2025 by Gavin Pyke

Many headlines suggest the U.S.-China trade war is finally over—but that’s far from the whole story. While a new 90-day agreement has slashed tariffs on imports, this deal is more pause than peace.  Beauty products, fashion items, and everyday essentials may see temporary relief, but real prices aren’t dropping overnight. One overlooked figure? Tariffs on Chinese imports dropped from 145% ...

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Filed Under: Chic & Current, Retail Watch

US-China Tariff Deal – What It Means for Shoppers

May 14, 2025 by Gavin Pyke

The latest US-China tariff deal is making headlines—but don’t expect prices to return to normal just yet. After skyrocketing to 145% in April, tariffs on Chinese goods have been slashed to 30%, thanks to a trade truce reached on Monday. Starting Wednesday, import taxes will be sharply reduced for 90 days. It’s a rare moment of calm in a trade war that’s raised costs on everything from toys to ...

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Filed Under: Retail Watch

The Trade War Is Over; China Accepts US Terms

May 12, 2025 by A.Fauve Schalkwyk

After years of impending tariffs and economic brinksmanship, the United States and China have reached a 90-day truce, slashing tariffs dramatically and increasing hopes for easing the protracted trade war. The agreement, reached in top-level talks in Geneva, requires the U.S. to slash tariffs on Chinese imports and vice versa by 115%. While world markets and experts are meeting this breaking ...

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Filed Under: Retail Watch

Europe Pivots Away From ‘Cursed’ Made In America Products

May 12, 2025 by Gavin Pyke

Across Europe, a growing number of consumers are rejecting American-made goods—and not just for political reasons.  Once associated with innovation and status, Tesla and other high-profile U.S. brands are now being described in online forums as “cursed,” symbolic of cultural imperialism, inflated prices, and corporate overreach.This shift, fueled by U.S. tariffs and trade tensions, has ...

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Filed Under: Retail Watch, Uncategorized

Major Pharmacy Retailer Shutting 200 Stores—How Will It Impact Your Beauty Haul?

May 12, 2025 by Shay Brooks

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 Gavin Pyke

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

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