August 5, 2025
- Wayfair delivered better-than-anticipated profit and revenue figures for the second quarter, beating Wall Street estimates. However, “I would describe the market not as having strength, but as sort of feeling like it’s bottomed out,” CEO, co-founder and co-chairman Niraj Shah said (via Chain Store Age).
- Dunkin’ is partnering with Kahlúa to launch a rum-based cream liqueur. “Kahlúa Dunkin’ Caramel Swirl Cream Liqueur” launches August 5, at a MSRP of $24.99 (via CNN Business).
- President Trump has threatened increased tariffs on imports coming from India, accusing the nation of purchasing Russian oil and then selling said oil on the open market (via CNN Business).
- Yum Brands reported quarterly revenue and earnings figures which fell short of analyst projections. Pizza Hut and KFC reported U.S. same-store sales declines, while Taco Bell saw same-store sales growth of 4% (via CNBC).
- Bain Capital and 11North Partners have added 10 open-air shopping centers to their portfolio, nine of which are in Florida and the other in South Carolina. Said shopping centers feature strong tenants including Publix, Chipotle, Chick-fil-A, McDonald’s, and Bank of America (via Chain Store Age).
- Conventional food retailers “crushed” smaller-scale natural or specialty food stores in the post-COVID era. According to the Specialty Food Association’s most recent report, larger entities were better able to weather supply chain and inflation-related issues (via Supermarket News).
- Retail job cuts are up a whopping 249% versus last year’s figures, per a Challenger, Gray & Christmas analysis. Through July, the retail sector shed 80,478 positions, versus 23,077 by the end of July in 2024 (via Challenger, Gray & Christmas).
- Tesla sales sank in both Britain and Germany in July, in both cases by a staggering figure. In Britain, July sales tumbled 60% YoY, while in Germany, sales exhibited a decline of 55% YoY (via CNBC).
- American Eagle shares tumbled nearly 10% in early morning trading August 5; however, following President Trump’s endorsement of the Sydney Sweeney AE ad campaign, shares had previously shot up by 23% the day prior (via CNBC).
- Petco has launched a new “My Human” product lineup focused around pet owners who want to proudly display their affection for their furry family members. “Creating a completely unique human category at Petco was a no-brainer that’s deeply rooted in our brand’s essence,” said Michael Romanko, Petco chief customer and product officer (via PR Newswire).