Costco’s Walmart strategy, Nike’s turnaround, and Taco Bell’s Nvidia play: Retail news roundup


Graphic: Images: Ethan Miller / Staff, Clive Mason, Brandon Bell, David Ryder
Graphic: Images: Ethan Miller / Staff, Clive Mason, Brandon Bell, David Ryder
Image: Justin Sullivan (Getty Images)
Image: Justin Sullivan (Getty Images)

Costco is reportedly demanding price cuts from its Chinese suppliers as U.S. tariffs continue to take a toll.

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Image: Ethan Miller / Staff (Getty Images)
Image: Ethan Miller / Staff (Getty Images)

Two chipmaking giants are joining forces.

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Clay falls from a pair of Nike shoes on June 04, 2024 in Paris, France. - Image: Clive Mason (Getty Images)
Clay falls from a pair of Nike shoes on June 04, 2024 in Paris, France. – Image: Clive Mason (Getty Images)

Nike’s (NKE) turnaround plan is beginning to show results, thanks to a renewed focus on sports, its new CEO Elliott Hill said while unveiling better-than-expected fiscal third-quarter earnings.

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A customer shops for eggs at an H-E-B grocery store in Austin, Texas. - Image: Brandon Bell (Getty Images)
A customer shops for eggs at an H-E-B grocery store in Austin, Texas. – Image: Brandon Bell (Getty Images)

Egg prices have dropped sharply, but consumers won’t see relief at the checkout counter just yet.

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Amazon - Image: David Ryder (Getty Images)
Amazon – Image: David Ryder (Getty Images)

Amazon’s (AMZN) Big Spring Sale 2025 is just around the corner, running from March 25 through 31, giving shoppers an opportunity to score big deals across a wide range of categories.

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Amazon’s Haul. - Screenshot: Amazon
Amazon’s Haul. – Screenshot: Amazon

Amazon’s (AMZN) Haul, the retail giant’s attempt at offering low-cost products, has yet to capture the attention of U.S. consumers in the way it bargained for.

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A Starbucks in Chicago, Illinois. - Image: Scott Olson (Getty Images)
A Starbucks in Chicago, Illinois. – Image: Scott Olson (Getty Images)

Starbucks has been ordered to pay $50 million to a California delivery driver who suffered severe burns when a hot drink spilled onto his lap at a Los Angeles drive-through in Feb. 2020.

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A Starbucks coffee cup in Chicago, Illinois. - Image: Scott Olson (Getty Images)
A Starbucks coffee cup in Chicago, Illinois. – Image: Scott Olson (Getty Images)

Starbucks has been making big changes as part of its “Big Fix.”

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Temu - Image: Ben Montgomery / Stringer (Getty Images)
Temu – Image: Ben Montgomery / Stringer (Getty Images)

Temu and Shein, two Chinese fast-fashion giants, are determined to increase their dominance in the U.S. market, challenging Amazon’s efforts to capture a share of the budget-friendly e-commerce space.

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A Forever 21 store in Herald Square in New York City. - Image: Drew Angerer (Getty Images)
A Forever 21 store in Herald Square in New York City. – Image: Drew Angerer (Getty Images)

2024 was a tough year for retailers and restaurants across the U.S., and 2025 may present a similarly challenging landscape.





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