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Covering the latest news in the retail industry

  • September 1, 2025

    • Aldi suppliers are being sued in Australia over allegations of price fixing tied to vegetables. Aldi is the third-largest grocery chain in Australia (via Reuters).
    • At Home announced plans to shutter 29 stores by Sept. 30. The news comes amid a Chapter 11 bankruptcy filing in June (via USA Today).
    • Dollarama announced the complete rebranding of Australia’s The Reject Shop to its own Canadian banner following a $259 million July deal. Dollarama signaled that its coming Australia stores would more than double The Reject Shop’s previous footprint (via News.com.au).
    • Costco is now enforcing its new hours plan, with executive members now being allowed to shop an hour earlier than other members, from 9 a.m. to 10 a.m. exclusively. However, Costco stores are closed for Labor Day (via FOX 8).
    • Spirit Airlines filed for new Chapter 11 bankruptcy protection on Aug. 29. The no-frills airline only recently emerged from its first bankruptcy in March (via CNN Business).
    • Ryobi pressure washers primarily sold through Home Depot are facing a recall related to potential explosions tied to overheating capacitors. About 780,000 units are included in recall (via FOX Business).
    • Tesla saw its sales decline continue in several European markets, including France, Denmark, the Netherlands, and Sweden. In August, Tesla sales in France fell 47.3% versus the prior year (via Reuters).

  • August 29, 2025

    • Claire’s is slated to close 291 stores following its acquisition by Ames Watson. The list of stores is available via a court filing, and includes 235 Claire’s locations in addition to 56 Icing stores (via Omni Agent Solutions).
    • Five Below delivered a sunny Q2 report which included beats on EPS, sales, comparable store sales, and net profit. The retailer said it had zeroed in “on executing with excellence” in remarks attached to the report (via Chain Store Age).
    • PepsiCo increased its stake in Celsius Holdings, leaning harder into the energy drink market. The deal to increase its stake is valued at a reported $585 million (via Reuters).
    • Affirm stock price trended upward significantly (~15%) following Aug. 28 news that the BNPL provider had delivered a Q4 EPS and revenue beat, with EPS in particular nearly doubling against estimates (via CNBC).
    • Gas prices on Labor Day are expected to reach a five-year low, at an average of $3.15 per gallon. Lower oil prices are attributed as driving lower prices at the pump this year (via CNN Business).
    • Wealthier U.S. consumers return retail products at a higher rate than any other economic cohort, according to a BoA study. That demographic returned 5.3% of all purchases made in 2025, thus far (via CNBC).
    • Forever 21 is eyeing a fourth run into the Chinese market, despite three previous exits, as well as a relaunch in the North American market. Announcements related to the latter are expected soon, as owner Authentic Brands Group signaled (via Reuters).
    • Dollar General raised its full-year guidance in response to rosy Q2 sales figures and ongoing customer growth across all income demographics (via Chain Store Age).

  • August 28, 2025

    • Sycamore Partners completed its $10 billion acquisition of Walgreens Boots Alliance. Mike Motz, formerly CEO of Staples U.S. Retail, has been named as chief executive officer for Walgreens (via Chain Store Age).
    • Bath & Body Works delivered a Q2 profit miss, failing to meet Wall Street expectations as consumers cut back on discretionary spending. Shares fell in early morning trading as a result of the news (via Reuters).
    • Best Buy exceeded Wall Street’s fiscal Q2 earnings and revenue projections, but didn’t budge on its full-year forecast despite the moderately rosy news. It cited tariff uncertainty, among other factors, in its decision to stand firm (via CNBC).
    • Consumers may be interested in social media, but it’s not converting sales as much as expected. According to Clutch data, just 15% of social media users complete purchase transactions via social media platforms (via Chain Store Age).
    • The U.S. economy experienced a stronger-than-expected rebound in the second quarter, per Commerce Department figures. GDP saw an annualized growth rate of 3.3% from April through June, showing consumer resilience despite economic headwinds (via CNN Business).
    • Dick’s Sporting Goods delivered a beat on both EPS and comparable sales for fiscal Q2, going so far as to raise its full-year sales and earnings guidance on the back of the news (via CNBC).
    • Hormel Foods forecast lower-than-anticipated profit for the ongoing quarter on Aug. 28, missing Q3 earnings estimates. Shares trended downward significantly in morning trading (via Reuters).
    • Dollar Tree announced a partnership with Uber, with the Uber Eats platform now playing host to ordering capabilities involving nearly 9,000 Dollar Tree stores. The move follows a similar Uber-Dollar General collaboration bringing more than 14,000 DG stores to the same platform (via Chain Store Age).

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