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Covering the latest news in the retail industry

  • September 17, 2025

    • The Federal Reserve is expected to deliver a rate cut at the conclusion of its two-day meeting on Sept. 17. A weak jobs report and high unemployment were cited as two factors driving the projected interest rate cut (via CNN Business).
    • Puma stock jumped by more than 11% as of 10:09 a.m. ET on Sept. 17, largely on news that parties involved were looking toward a potential takeover of the German sportswear brand by two investors (via Reuters).
    • Holiday sales growth in the U.S. is expected to come in at between 3% and 5% for 2025, according to AlixPartners data. The projections called for an “underwhelming” holiday sales season versus prior years, as consumers showed wariness to spend and are anticipated to hunt for bargains (via Chain Store Age).
    • The busiest holiday shopping days are projected to be Black Friday (Nov. 28), with the two Saturdays preceding Christmas taking second and third places (Dec. 20, and Dec. 13), according to Sensormatic Solutions (via Chain Store Age).
    • Ben & Jerry’s co-founder Jerry Greenfield has stepped down from the ice cream company after almost 50 years. Greenfield called the decision painful, but cited Unilever’s silencing of the company’s ability to speak on global issues as the root cause for his decision (via CNBC).
    • General Mills maintained its annual sales and profit forecasts, despite softening U.S. demand for its products (via Reuters).
    • The investors planning to hold TikTok U.S. include Oracle, Andreessen Horowitz, and Silver Lake, according to sources. Combined, the three would hold an estimated 80% stake in the newly created U.S. company (via CNN Business).

  • September 16, 2025

    • U.S. consumers are continuing to spend despite persistent inflation and tariff pressures. According to Commerce Department figures, spending at U.S. retailers rose 0.6% in August (via CNN Business).
    • Amazon Prime Big Deal Days is all set for spooky season, kicking off on Oct. 7 and running through Oct. 8. “Prime Big Deal Days kicks off the holiday shopping season with exclusive deals for Prime members on must-have items and popular gifts,” said company exec Carmen Nestares (via Chain Store Age).
    • Online sales growth in the U.S. is expected to slow this year, dropping from 4% YoY in 2024 to 2.1% in 2025, per Salesforce projections. The period being measured ranges from Nov. 1 to Dec. 31 (via Reuters).
    • U.S. consumer credit scores are dropping at the fastest rate since the Great Recession. The national average FICO score dipped by two points this year, the most significant decline since 2009 (via CNN Business).
    • Michaels is looking to hire more than 10,000 seasonal workers as the holiday sales season approaches. The retailer is advertising “competitive wages, flexible hours and a generous 30% discount, and a supportive environment that fosters growth and development” for potential hires (via Michaels).
    • Uniqlo founder Tadashi Yanai, Japan’s wealthiest man, stated that the U.S. may end up bearing the bulk of the price of tariffs enacted by the Trump administration (via Reuters).
    • Toys “R” Us plans to open 10 new flagship locations, in addition to 20 seasonal locations in advance of the holiday season, before 2025 draws to a close (via Chain Store Age).

  • September 15, 2025

    • TikTok has struck a deal with the United States, according to the Trump administration. The deal will reportedly allow TikTok to continue operations stateside (via CNN Business).
    • Retail credit cards continue to charge over 30% APR, at an average of 30.14% APR, this year. That figure is down from 2024’s record high of 30.45% in 2024, per Bankrate data (via Chain Store Age).
    • PayMore is expected to open its 100th location in Charlotte, North Carolina, next week. The electronics resale chain has seen massive growth in recent days (via Forbes).
    • Fast-food restaurants are losing breakfast customers to c-stores, according to Circana statistics. “Over the long run, convenience stores have taken share, really at foodservice overall, but the morning meal has been their strong suit,” Circana SVP David Portalatin said (via CNBC).
    • Amazon is expanding its suite of AI-driven customer-focused capability, particularly its “Hear the Highlights” product summarizer. The tool pulls from information across the web, the product description itself, and customer reviews (via CNBC).
    • Dickies is slated to be sold by VF Corp. to Bluestar Alliance for a reported $600 million in cash. The brand is currently distributed in 55 countries (via Chain Store Age).
    • Elon Musk purchased $1 billion in Tesla shares on Sept. 12, according to a Sept. 15 regulatory filing. Wedbush analyst Dan Ives signaled this showed a vote of confidence in the company from Musk (via CNN Business).

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