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Covering the latest news in the retail industry

  • ‘Target Fast’ Boycott Comes to an End

    At least one of the DEI-centric boycotts pertaining to Target is coming to an end, as “Target Fast” has been called off by its organizer. Pastor Jamal Bryant of the New Birth Missionary Baptist Church called for an end to the boycott after Target allegedly privately admitted to a breakdown in trust with the Black community and recommitted itself to funding Black-led community groups and businesses (via Forbes).

    By Nicholas Morine • March 13, 2026

  • Iran Conflict Could Push Food Inflation Even Higher

    The continuing conflict in Iran could push food inflation even higher, experts suggest, with fertilizer being in short supply. “Higher energy and input costs risk reigniting global food inflation just as retail food prices had returned to more historical levels in many countries,” the International Food Policy Research Institute wrote (via CNBC).

    By Nicholas Morine • March 13, 2026

  • Ulta Beauty Delivers Mixed Q4 Results

    Ulta Beauty delivered a mixed report card for its fourth quarter, beating LSEG projections on revenue while missing on earnings per share. Revenue was pegged at $3.9 billion against $3.8 expected, while EPS came in at $8.01 versus $8.03 anticipated (via CNBC).

    By Nicholas Morine • March 13, 2026

  • Costco Partners on Fertility Program To Reduce Costs on Medications

    Costco is partnering with Sesame and IVI RMA North America to reduce the cost of fertility care and specialist treatments. “By combining transparent pricing with coordinated care, we’re removing the barriers that have historically kept quality fertility treatment out of reach for too many families,” said Richard Stephens, SVP of pharmacy at Costco (via Chain Store Age).

    By Nicholas Morine • March 13, 2026

  • Goldman Sachs Predicts Oil Over $100 Per Barrel in March

    Goldman Sachs set a predicted price of oil, per barrel, of $100 in March — and $85 in April. The ongoing Iran conflict is at the heart of these price predictions, with the status of the conflict being highly unpredictable (via Reuters).

    By Nicholas Morine • March 13, 2026

  • Honda Cancels 3 US EVs, Announces Up to $15.8 Billion in Losses

    Honda has scrapped plans for three EVs which would have hit the U.S. market, as well as announced up to $15.8 billion in losses tied to tariffs and declining EV demand (via Automotive News).

    By Nicholas Morine • March 12, 2026

  • Papa John’s International Weighs Reported $1.5 Billion Offer

    Papa John’s International is reportedly weighing a $1.5 billion deal to go private under an acquisition offer from Irth Capital. The Qatari-based investment fund, backed by Brookfield, is said to have offered $47 per share, a 44% premium over Papa John’s most recent closing price (via FOX Business).

    By Nicholas Morine • March 12, 2026

  • The US K-Shaped Economy Continues Apace

    According to New York Fed data compiled by Apollo Academy, the K-shaped economy currently taking place in the U.S. is continuing with no signs of slowing. “The stronger growth in consumer spending for high-income households is driven by the K-shaped growth in wages and wealth,” wrote economist Torsten Slok (via Apollo Academy).

    By Nicholas Morine • March 12, 2026

  • Dick’s Sporting Goods Projects Weaker Near-Term Growth Due to Foot Locker Acquisition

    Dick’s Sporting Goods is signaling a weaker near-term fiscal report card, largely due to its recent acquisition of Foot Locker. “In retail you’re never really done cleaning out the garage. Anything else going forward is normal course of business,” said executive chairman Ed Stack (via CNBC).

    By Nicholas Morine • March 12, 2026

  • Oil Prices Touch $100 Per Barrel Again Over Iran Conflict

    The ongoing Iran conflict forced oil prices above $100 again as no sign of cessation of tensions was seen. The U.S. Navy is not yet in a position to escort ships through the Strait of Hormuz, with a loose timeline being pegged at later this month (via NBC News).

    By Nicholas Morine • March 12, 2026

  • December 2025 Saw Prices Rise 2.4%

    Prices for everyday goods increased by 2.4% in December 2025 versus the year prior, according to Numerator data. “Everyday goods inflation remains elevated at roughly 2% to 2.5% annually. Because these categories represent frequent, essential purchases, consumers continue to feel the impact of persistently high prices even as monthly changes are moderate,” said Paul Stanley, senior economist at Numerator (via Chain Store Age).

  • GM To Lose Another $6 Billion As it Backs Away From EVs

    In addition to the $1.6 billion loss it already disclosed, GM is now indicating it will suffer another $6 billion loss as part of backing away from its EV production. The bulk of that $6 billion charge will come as a result of the automaker settling canceled contracts with parts suppliers (via CNN Business).

  • The Retail CEO Exodus Continues

    A retail CEO exodus is ongoing, according to Forbes contributor Greg Petro, having kicked off in earnest in the COVID-19 era and continued through the AI shift. “Precise figures are hard to find as some sectors show up under categories other than retail and estimates may miss smaller chains and private companies. But a little more than halfway through last year, Challenger reported a 116% surge over the same period in 2024,” Petro wrote (via Forbes)

  • Saks Global Having Difficulty Acquiring Bankruptcy Backers

    Saks Global is seemingly enduring difficulties in finding willing backers for its ~$1 billion Chapter 11 bankruptcy filing. Investors are reportedly displaying little interest in funding the bankruptcy, and Saks’ failure to move that process forward could result in liquidation. “Liquidation is one of several potential outcomes Saks faces. However, if it can’t line up a DIP loan, which would be used to pay for essential expenses like payroll, rent and inventory, that scenario would be more likely. The retailer is already struggling to pay those costs,” CNBC’s Gabrielle Fonrouge wrote (via CNBC).

  • Walmart To Launch Better Care Services

    Walmart is slated to roll out Better Care Services, a one-stop digital service allowing customers to avail of the services offered by third-party health care providers, on Jan. 15. A limited-time $15 discount is on offer. “Better Care Services is about making wellness simple and affordable to fit into your life. We’re removing barriers so more people can get the care they deserve, right when they need it,” said Walmart health exec Kevin Host (via Chain Store Age).

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