Tractor Supply has announced the planned closure of 75 underperforming Petsense stores. “We believe these actions will improve returns, simplify the business, and allow us to direct resources towards higher growth, higher return opportunities,” said Tractor Supply CEO Hal Lawton (more).

With chocolate sales having fallen over the past year as the cost prices out many consumers, the falling price of cocoa may soon offer some form of relief at the register. Nestle noted that it expects margins on its confectionary line to improve as cocoa’s price falls, and some manufacturers are considering price cuts (more).

The state of New Jersey has enacted legislation banning surveillance pricing or dynamic pricing, and also is pushing back the allowance of electronic shelf labels by at least a year. “New Jersey families are already feeling the pressure of higher costs. The last thing they need is companies secretly using their personal data to charge them more than someone else for the exact same product” said Governor Mikie Sherrill (more).

Shein announced a $99 million loss for Q1 2026, with the company calling out U.S. tariffs as a major factor in the downturn. “In response to the increased duties and taxes, we are pursuing a wide range of options, including increasing our prices in the U.S. market to offset a portion of the increased costs,” Shein said (more).

QVC is on the cusp of exiting bankruptcy protection as its restructuring plan has been awarded approval from the U.S. Bankruptcy Court for the Southern District of Texas. QVC will exit bankruptcy with its total debt having been slashed from $6.6 billion to a much less imposing $1.325 billion (more).