The company is seeking to broaden its range of low-cost offerings through the program, said people familiar with the matter, who asked not to be named because the test hasn’t been announced.
June 24, 2025retail News Updates
Target Eyes Shein, Temu Model With Factory-Direct Shipping
Walmart CFO Says Shoppers Remain Focused on Food, Essentials
Walmart said shoppers are still spending about the same as they did a year or two ago, with a focus on food and essentials over discretionary purchases.
June 6, 2025Businesses Expect to Pass Along 50% of Tariffs, Survey Finds
Business expect to pass through roughly half of tariff-related expenses to U.S. consumers still reeling from the pandemic-era inflation surge, according to a new survey.
June 6, 2025Costco Defies Tariff Shifts With Higher Profit, Lower Prices
Costco posted better-than-expected earnings in its 2025 Q3, a sign that the nation’s largest club chain is flexing its scale and devoted following to navigate tariffs and economic turbulence.
June 3, 2025Dollar General Posts Record Sales as Shoppers Pinch Pennies
Dollar General set a quarterly sales record of $10.44 billion and upgraded its annual profit and sales outlook as Americans tighten their budgets and spend more at bargain stores.
June 3, 2025Retail Sales Increase 1.4% in March Ahead of Tariffs
U.S. shoppers stepped up their shopping last month, fueled by a spending spree on big-ticket items, particularly cars, before President Donald Trump’s expansive new tariffs kicked in.
April 17, 2025Dollar Tree Sells Family Dollar for $1 Billion
Dollar Tree is selling Family Dollar to a pair of private equity firms for $1 billion after a decade of trying to make its acquisition of the bargain chain fit.
March 26, 2025Walgreens Going Private in $10 Billion Sycamore Deal
The offer, a roughly 8% premium to Walgreens’ closing price March 6 in New York, will turn one of the oldest, most recognizable U.S. drugstore chains into a private company.
March 6, 2025Costco’s Profit Miss Reflects Broader Retail Concerns
Costco slipped in late trading after the big-box retailer posted profit that missed Wall Street’s expectations. Retailers have taken a more cautious outlook in recent weeks.
March 6, 2025Costco Raises Pay for Top Hourly Workers to Over $30 an Hour
The company will raise hourly pay for employees at the top of its pay scale over the next three years, CEO Ron Vachris wrote in a memo to staff this week that was viewed by Bloomberg News.
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