LOS ANGELES, CA – Athleisure giant Lululemon Athletica has filed a federal lawsuit against wholesale retailer Costco, alleging that Costco’s private-label leggings infringe on key design patents, setting the stage for a high-stakes battle over brand value and intellectual property in the retail sector.
FACTRAGE – Amazon’s Prime Day has evolved from a simple sales event into a multi-billion dollar economic phenomenon that reshapes consumer behavior and pressures the entire retail sector.
CINCINNATI, OH – Grocery giant The Kroger Co. announced on Friday its plan to close approximately 60 stores nationwide over the next 18 months, a move the company says will ultimately improve its financial standing and enhance the overall customer experience.
NATIONWIDE – CVS is set to close approximately 270 more retail locations in 2025, continuing a multi-year “enterprise-wide restructuring plan” aimed at optimizing its store footprint and adapting to evolving consumer needs. The closures follow the shutdown of around 900 stores between 2022 and 2024, signaling a significant shift in the pharmacy giant’s retail strategy.
NATIONWIDE – All U.S. Costco warehouse locations will be closed on Monday, May 26, in observance of Memorial Day. This closure is a consistent policy for the wholesale retailer, distinguishing it from many other major chains that remain open for holiday shopping.
The gaming world is buzzing with anticipation for the Nintendo Switch 2, set to launch on June 5th, 2025, at a US price of $449.99 (with a Mario Kart World bundle for $499.99). Despite an earlier pre-order delay sparked by tariff concerns, Nintendo has maintained its initially announced pricing. However, the fervor surrounding the console […]
