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Covering the latest news in the retail industry

  • September 9, 2025

    • Walmart indicated it will be opening its first stores in South Africa by the end of 2026. Official opening dates for the locations are to be announced in October (via Reuters).
    • Uber Eats is bringing Sephora to its platform, marking the first major beauty retailer to sign on with the delivery service (via Chain Store Age).
    • PacSun announced the creation of a Youth Advisory Council comprised of influential Gen Z and Gen Alpha notables who will meet with executives in order to aid product ideation, among other duties (via Forbes).
    • Ace Hardware is partnering with DoorDash to allow for delivery of its products, representing the first hardware retailer to sign up with the delivery app (via Chain Store Age).
    • Girl Scouts of the USA announced a new cookie, Exploremores, in a “rocky road”-inspired flavor (via CNN Business).
    • Ralph Lauren is joining the AI rush, launching its Ask Ralph customer service framework to serve customers. The AI agent is capable of providing a shoppable experience to users, with complete wardrobe laydowns on offer (via Chain Store Age).
    • Ben & Jerry’s cofounders Ben Cohen and Jerry Greenfield wrote an open letter requesting the company be spun off from Unilever, arguing that Unilever had eroded the social mission envisioned for the brand. Cohen and Greenfield sold Ben & Jerry’s to Unilever in 2000 (via CNN Business).

  • September 8, 2025

    • Dick’s Sporting Goods indicated it has completed the $2.4 billion acquisition of Foot Locker. Dick’s suggests that the acquisition will boost its EPS in fiscal 2026 (via Reuters).
    • Bath & Body Works is ramping up to hire more than 30,000 seasonal workers across the U.S., Canada, and Puerto Rico in advance of this year’s holiday season. The figure is down slightly from ~33,000 hired last year for the same purpose (via Financial Post).
    • Apple is rumored to be releasing a slimmer iPhone model, the “iPhone Air,” at this year’s marquee company event to be held on Sept. 9 (via CNN Business).
    • Starbucks testing several drive-thru standalone prototypes as part of its ongoing business reimaging efforts. Locations in The Hamptons already exist, with another opening soon in NYC (via Forbes).
    • Amazon is offering a low-cost monthly subscription for generic prescription drugs in nearly all U.S. states. Expansion of Amazon’s RxPass sees 48 states within the company’s umbrella of coverage (via Chain Store Age).
    • Hyundai has advised staff planning business trips to the United States to consider delaying them unless absolutely mission critical. The report emerges as hundreds of South Korean workers were detained at a raid at a Hyundai manufacturing facility in Georgia last week (via Reuters).
    • Stellantis is recalling 91,000 Jeep Grand Cherokees in the U.S. over a software malfunction which could lead to the loss of drive power (via FOX Business).

  • September 5, 2025

    • Tesla‘s board unveiled a substantial new pay package which could make CEO Elon Musk the world’s first trillionaire. The eventuality would require Tesla to significantly improve its current market cap (via CNN Business).
    • Lululemon shares shed ~15% of their value in early morning trading after the company slashed 2025 sales and profit forecasts. Lululemon also signaled losses tied to the end of the de minimis loophole (via Reuters).
    • Levi’s and Aritzia are testing more full-priced products, and price increases more broadly, to probe wealthier shoppers’ resolve. Levi Strauss raised prices on some products in July while seeing no slowdown in demand (via Reuters).
    • Honda is reintroducing its popular Prelude model, this time as a hybrid. The vehicle will have shift paddles, and boasts 200 horsepower (via The Verge).
    • Home Depot has closed on its acquisition of GMS, for a total enterprise value of ~$5.5 billion. “The addition of GMS further enhances SRS’s position as a leading multi-category building materials distributor, bringing differentiated capabilities, product categories and customer relationships that are highly complementary to SRS’s business today,” said Ted Decker, CEO, chair, and president of the retailer (via The Home Depot).
    • Marshalls is engaging in the second year of its Good Stuff accelerator program. The program is designed to empower women through professional and personal development (via Chain Store Age)
    • Starbucks China has been valued at approximately $5 billion, according to sources familiar with the matter. Most bidders are currently valuing the operation at 10x its 2025 EBITDA (via Reuters).

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