Walmart locks down deodorant, Starbucks promises speed and Amazon bets on cheap: Retail news overview

Walmart (WMT) plans to make shopping for everyday items like deodorant and shampoo more challenging, as the retail giant says lock up certain goods to prevent theft. Starbucks CEO admits that sometimes customers just… quick cup of brewed coffee. Amazon is betting big on everyday things like beauty and groceries – and that seems to be the case pay off. Check out these stories and more highlights from this week’s retail news.

Walmart plans to stockpile your deodorant

A customer waits for assistance receiving baby food at a Walmart Supercenter on July 8, 2022 in Houston, Texas. - Image: Brandon Bell (Getty Images) — A customer waits for assistance receiving baby food at a Walmart Supercenter on July 8, 2022 in Houston, Texas. – Image: Brandon Bell (Getty Images)

Get your deodorant or favorite shampoo at Walmart (WMT) may soon be a bit more difficult. That’s because the retail giant is locking up everyday items in an effort to combat the increase in shoplifting.

A Starbucks at Miami International Airport. - Image: Jeffrey Greenberg/Universal Images Group (Getty Images) — A Starbucks at Miami International Airport. – Image: Jeffrey Greenberg/Universal Images Group (Getty Images)

When Brian Niccol took over as CEO of Starbucks (SBUX) in September, he wasted no time in identifying one major problem: obtaining coffee.

Shopping carts lined up outside a Target store on November 16, 2022 in Chicago, Illinois. - Image: Scott Olson (Getty Images) — Shopping carts lined up outside a Target store on November 16, 2022 in Chicago, Illinois. – Image: Scott Olson (Getty Images)

Goal (TGT) employees responsible for the retailer’s popular drive-up service can finally breathe easier thanks to an update to the company’s mobile app.

Amazon (AMZN) makes a big bet on cheap essentials – and it’s apparently paying off.

Wendy's Orange Dreamsicle Frosty - Photo: Wendy's — Wendy’s Orange Dreamsicle Frosty – Photo: Wendy’s

Wendy’s (WEN) customers can owe their next $1 Frosty to the power of AI.

Image: Chris Ison/PA Images (Getty Images)

Bankruptcies in the restaurant industry are rarely shocking these days, but they are recent Chapter 11 filing by TGI Fridays serves as a stark reminder of how fast fortunes can shift in the food world.

A TGI Fridays restaurant on Leicester Square in London. <br /> – Image: Roger Utting Photography (Getty Images)” data-src=”https://s.yimg.com/ny/api/res/1.2/HE1EMy1qJ6cvl4roDUUWTA–/YXBwaWQ9aGlnaGxhbmRlcj t3PTk2MDtoPTUyOA–/https://media.zenfs.com/en/quartz.com/1713eded48fdcc5b0a4bea630a8dcfbd”/><img alt= — A TGI Fridays restaurant on Leicester Square in London.
– Image: Roger Utting Photography (Getty Images)

It’s not exactly festive at TGI Fridays. That’s because the bar-and-grill chain is struggling with a major problem bankruptcy case: Unused gift cards.

Republican presidential candidate and former U.S. President Donald Trump speaks during a campaign rally at McCamish Pavilion on October 28, 2024 in Atlanta, Georgia. - Image: Anna Moneymaker (Getty Images) — Republican presidential candidate and former U.S. President Donald Trump speaks during a campaign rally at McCamish Pavilion on October 28, 2024 in Atlanta, Georgia. – Image: Anna Moneymaker (Getty Images)

Americans could face a staggering loss of $46 billion $78 billion in purchasing power per year as new rates proposed by former President Donald Trump are being implemented, according to a recent survey by the National Retail Federation (NRF).

Former President Donald Trump at Green Bay Austin Straubel International Airport on October 30, 2024 in Green Bay, Wisconsin. - Image: Chip Somodevilla (Getty Images) — Former President Donald Trump at Green Bay Austin Straubel International Airport on October 30, 2024 in Green Bay, Wisconsin. – Image: Chip Somodevilla (Getty Images)

Under the presidency of Donald Trump, a proposed 25% tariff on Mexican imports could lead to significant price increases for popular clothing brands. Companies such as Levi’s, Nike (NKE), and Patagonia, which sources some of its products from Mexico, can pass these costs on to consumers.

Starbucks (SBUX) says an important part of it turnaround strategy under new CEO Brian Niccol is to simplify the infamously extensive menu making it smaller.

A Starbucks advertisement at T-Mobile Park on June 30, 2024 in Seattle, Washington. - Image: Brandon Sloter (Getty Images) — A Starbucks advertisement at T-Mobile Park on June 30, 2024 in Seattle, Washington. – Image: Brandon Sloter (Getty Images)

Starbucks (SBUX) is ready brewing changes under the led by CEO Brian Niccolwho emphasized during the company’s earnings call on October 30 that he believes the coffee giant’s problems can be solved.

A person walks past a Dollar Tree store in Los Angeles, California on November 23, 2021. - Image: Rick Dreiling (Getty Images) — A person walks past a Dollar Tree store in Los Angeles, California on November 23, 2021. – Image: Rick Dreiling (Getty Images)

Dollar tree (DLTR) has announced dismissal from Rick Dreiling, CEO and chairman of the company since 2022. Citing health issues over the past two months, Dreiling said the time had come to focus on his health and family.

For the latest news, Facebook, Tweet And Instagram.

Walmart locks down deodorant, Starbucks promises speed and Amazon bets on cheap: Retail news overview

Walmart plans to stockpile your deodorant

“Sometimes you just want a quick cup of coffee,” says Starbucks’ new CEO

Target has fixed an issue with its app that was causing chaos

Amazon is all about cheap stuff right now

Wendy’s needs AI to meet the $1 Frosty demand

The bankruptcy of TGI Fridays was a long time coming

Bankrupt TGI Fridays has $50 million in unused gift cards

Trump tariffs could reduce American purchasing power by $78 billion

Levi’s, Nike, Patagonia: 7 major brands that could become more expensive under Trump tariffs

Starbucks says it is simplifying the menu. It is not said what is being removed

7 Ways Starbucks Is Trying to Make a Comeback

Dollar Tree’s CEO has stepped down