-
2 weeks ago | 
retailwire.com | Tom Ryan
[email protected]/Depositphotos.comApril 8, 2025Tom RyanAs Kirkland Signature marks its 30th anniversary, the private label has become a powerhouse, accounting for a third of Costco’s annual revenue — surpassing even industry giants like Procter & Gamble and Kraft Heinz. Given its success, why haven’t more retailers consolidated their store brands under a single name?
-
2 weeks ago | 
retailwire.com | Tom Ryan
Photo by wu yi on UnsplashApril 7, 2025Tom RyanA recent university study suggests that brands like Nike could add visible store locators on their own websites that guide customers to local and independent retailers to reduce backlash from wholesale partners as they expand in direct channels.
-
2 weeks ago | 
retailwire.com | Tom Ryan
Photo by SumUp on UnsplashApril 4, 2025Tom RyanA new survey finds more than two-thirds of Gen Z consumers (68%) report that credit card bills cause them stress and anxiety, while more than half (51%) say credit cards give them the “ick.”The Morning Consult survey of about 5,400 Americans taken earlier this year and commissioned by Afterpay, a provider of buy now, pay later (BNPL) financing, comes as rising interest rates have caused APRs (annual percentage rates) on credit cards to spike.
-
2 weeks ago | 
retailwire.com | Tom Ryan
palinchak/Depositphotos.comApril 3, 2025Tom RyanShares of retailers nosedived along with the broader market as the Trump administration’s sweeping reciprocal tariffs against U.S. trading partners drove up fears of reignited inflation and slowed growth.
-
3 weeks ago | 
retailwire.com | Tom Ryan
Mojahid_Mottakin/Depositphotos.comApril 2, 2025Tom RyanInstacart is introducing a program to pay “shoppers,” or its gig delivery workers, to take videos of store shelves to reduce out-of-stocks and the need for substitutions. In a blog entry, Daniel Danker, Instacart’s chief product officer, noted that a single grocery store carries over 30,000 products and pointed to a study from ECR Retail Loss Group that found that as much as 60% of inventory records are inaccurate.
-
3 weeks ago | 
retailwire.com | Tom Ryan
iStock/RiverNorthPhotographyApril 1, 2025Tom RyanGameStop’s shares rose 11.7% last Wednesday after revealing it had adopted Bitcoin as a treasury reserve asset, but then fell 22.1% the following day after issuing $1.3 billion in convertible debt, with the proceeds to be used in part to buy the cryptocurrency. GameStop helped ignite a “meme” stock craze in early 2021, when GameStop’s stock price soared above $120.
-
3 weeks ago | 
retailwire.com | Tom Ryan
iStock.com/AlthomMarch 31, 2025Tom RyanDollar Tree recently reached an agreement to sell Family Dollar for just over $1 billion, throwing in the towel after acquiring the struggling chain 10 years ago for about $9 billion. The private equity firms Brigade Capital Management and Macellum Capital Management are partnering to acquire Family Dollar. The deal is expected to close by June.
-
3 weeks ago | 
retailwire.com | Tom Ryan
BrendaRochaBlossom/Depositphotos.comMarch 28, 2025Tom RyanThe passing of George Foreman led to tributes from not only the sports sphere but also culinary worlds, calling out his role in making the eponymous George Foreman Grill a kitchen mainstay. “His mixture of broad-shouldered authority and fatherly charm made him one of the most successful pitchmen of the 20th century,” proclaimed Robert Klara, senior editor at Adweek.
-
3 weeks ago | 
retailwire.com | Tom Ryan
iStock.com/zodebalaMarch 27, 2025Tom RyanIf a buyer doesn’t arrive in bankruptcy proceedings to keep some stores open, Forever 21 reportedly plans to replicate the SHEIN and Temu formula by focusing on online-only and shipping goods directly from overseas factories to consumers and retail partners.
-
4 weeks ago | 
retailwire.com | Tom Ryan
iStock.com/NoDerogMarch 25, 2025Tom RyanYum! Brands, the parent of Taco Bell, KFC, and Pizza Hut, announced a partnership with NVIDIA that will enable AI agents to soon take drive-thru orders at 500 Taco Bell, Pizza Hut, and KFC locations. At NVIDIA’s GTC conference, the chipmaker’s annual developer conference, Joe Park, chief digital and technology officer of Yum! Brands, said AI promises to improve order accuracy while ensuring consistent and positive interactions.
