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You are here: Home / Archives for 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 Billy 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

9 Products That Could Disappear by Summer Due to Supply Shortages

May 21, 2025 by Priscilla Nyathi

Paint a picture of walking into a local shop this summer and finding entire aisles of products that have disappeared with no notice, just gone. It is not a bad dream from a dystopian novel but a looming prospect driven by coalescing supply chain nightmares, geopolitical tensions, and raw material shortages. Most consumers have no idea how fragile global supply chains have become. With tariffs ...

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Filed Under: Retail Watch

Costco Confirms Nationwide Shutdown Of All US Stores For 24 hours

May 21, 2025 by Kieran Schalkwyk

Costco has long stood as a figure of American shopping culture. Millions of consumers walk through Costco's doors every year, drawn in by their mix of quality goods at affordable prices. As many shoppers rely on the retail giant for all of their basic needs and more, they may be hit with an unexpected sight. This May will see Costco close their doors for one day, which could inconvenience ...

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Filed Under: Retail Watch

Once Popular Fashion Brand Closes 100 Stores To Stay Afloat

May 21, 2025 by Kieran Schalkwyk

Fossil has been a dominant name in fashion accessories for decades, but is now facing a steep sales decline. The company said, "The sales decrease was largely driven by overall category, consumer, and channel softness." Fossil has already closed 50 of its locations in 2024. As of Q1 2025, the brand has already cut 28 more stores and plans to cut roughly another 26 in the coming months. This ...

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Filed Under: Retail Watch

Walmart Betrays Trump, Says Price Hikes ‘Imminent’

May 21, 2025 by Billy Wellington

In a major economic clash that could affect millions of American families, one of the country’s biggest retailers is openly pushing back against the White House’s economic plans. The move comes as inflation continues to worry shoppers nationwide.  With global trade tensions rising, the company’s warning has sparked what analysts call "an unprecedented public confrontation" between ...

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Filed Under: Chic & Current, Retail Watch

White House Indirectly Admits That Americans Pay for Tariffs

May 20, 2025 by Billy Wellington

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 Tarryn Adonis

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

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