Gen Z Trusts Costco (#4) | Adult Women Drive Toy $ | China Orders Sam’s

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China retail sales decline for first time since 2022 at Yahoo. “Retail sales decreased 0.6% from a year ago in May, the National Bureau of Statistics reported. This marked a reversal from the 0.2% increase in April and sharper than the expected 0.3% decline.” Read more

 

Most Trusted Brands 2026: Morning Consult; Amazon #13 / Home Depot #25 / Gen Z: Costco #4 Read more/Download report

 

Kohl’s Names Elliott Rodgers Chief Operating Officer “Most recently, Rodgers was Chief Operations Officer at Foot Locker, Inc….held…leadership roles at Ulta Beauty…spent six years at Target in distribution and omnichannel operations…” Press release

 

Chinese regulator tells Walmart to stamp out food safety risks at Reuters “China’s market regulator has ordered strict ​measures by Walmart supermarket chain Sam’s Club ‌to eliminate food safety risks throughout its supply chain and safeguard public dietary safety, the regulator said.” Reuters subs. 

 

Isaac Mizrahi joins Target in a first-of-its-kind Creative Director at Large role Press release

 

Stitch Fix Appoints Sree Sreedhararaj as Chief Product and Technology Officer “Sreedhararaj joins Stitch Fix from IPSY, the beauty membership platform…He previously served as Chief Technology Officer at Sephora.” Press release

 

SpaceX Set to Overtake Amazon by Market Cap WSJ subs.

 

74% would trust a personal AI agent more than their best friend to make a purchase on their behalf Accenture business report

 

Dick’s Sporting Goods Announces Partnership with Lids to Launch Lids Shops Inside 100 Dick’s Locations Press release

 

YouGov: Costco is more likely to be the supermarket where higher-income Americans do most of their grocery shopping “Half (51%) of higher-income Americans say their household spends more than $150 per week on groceries, compared with 28% of middle-and-lower-income Americans.” Read more

 

Outdoor retailer – West Marine – closing nearly 60 stores amid bankruptcy Fox Business

 

The U.S. toy industry is off to a strong start in 2026, posting +13% dollar growth through April, versus the same period last year at Circana. “The top-performing segments were games and puzzles (+39%), driven by Pokémon…more than 50% of overall industry growth came from female recipients. In general, toy consumption continues to be driven by adult recipients…” Read more