Memorial Day weekend could end up driving nearly $11 billion ($10.8 billion estimated) in e-commerce spend from U.S. consumers, per Adobe data. If this spend materializes, it would represent a significant 6% year-over-year increase in spending attached to the holiday (more).

Pabst Brewing Co. has confirmed the discontinuation of its famous Schlitz Premium beer, marking the end of a 177-year run for Schlitz on the U.S. market. “Unfortunately, we have seen continued increases in our costs to store and ship certain products and have had to make the tough choice to place Schlitz Premium on hiatus,” Zac Nadile, Pabst head of brand strategy, said (more).

Stellantis CEO Antonio Filosa is planning to unveil a complete revitalization plan for the automaker on May 22, even after shares of the company have tumbled 30% since he was first named CEO last year, and 21% since he officially took on the role in June 2025. “It was my dream to take the helm of Stellantis … but obviously I recognized, at the time, with my team, that there were still things to be fixed,” Filosa said last week (more).

Target’s first-quarter results appeared to bolster the idea that its turnaround effort is working. Comparable store sales improved by 5.6%. “We believe Target should regain market share as it progresses,” retail analyst Joe Feldman from Telsey Advisory Group said (more).

Convenience stores are losing a fair bit of business over perceptions that many of their products are too pricey, according to recent data. “The convenience channel is more expensive to buy these sorts of products in, and that’s likely driving down some of that unit consumption,” said Chris Costagli, vice president of food thought leadership at NielsenIQ (more).