Chinese home improvement retail brand Vevor is set to make an appearance stateside, setting up its first U.S. store on Feb. 9 in Houston, Texas. The 32,000-square-foot flagship store will heavily feature a buy online, pick up in store (BOPIS) operating model (via Chain Store Age).

Keurig Dr Pepper advanced an $18 billion all-cash buyout offer to buy coffee and tea enterprise JDE Peet’s. The latter’s board and a majority of shareholders are said to be in favor of the offer (via Reuters).

Per Circana data, U.S. retail sales exhibited just 2% growth in September, with unit sales being flat across all categories. “Consumers continue to spend what they can, but price elevation is curtailing purchases,” said Marshal Cohen, chief retail industry advisor for Circana (via Chain Store Age).

The looming Saks Global bankruptcy could signal deeper trouble for department store luxury retailers. “If the luxury customer can buy the same brands elsewhere, and often with better service, what is the department store for?” Forbes contributor Kate Hardcastle wrote (via Forbes).

In a move which could have repercussions for many consumer electronics and appliance prices, the U.S. and Taiwan announced a trade agreement on reshoring semiconductor manufacturing. The deal sees Taiwanese semiconductor and tech companies commit to, at minimum, a $250 billion direct U.S. investment for the purpose of moving “America First trade and investment” forward (via FOX Business).