Amazon sellers boycott ads in policy change revolt: ‘We’re running out of f—ing margin’ at CNBC. “The 24-hour advertising boycott is being organized by Million Dollar Sellers, a community of more than 700 members…Sellers have complained for years, but this feels different,” MDS co-founder Eugene Khayman said in a post on X about the boycott. “The reason is simple: this is no longer just about irritation. It is about cash extraction.” Read more

 

Cattle prices soar to record highs as grilling season heats up at CNBC. “Live cattle futures traded at the CME Group settled at $2.51 per pound on Tuesday, the highest price on record going back to the 1960s…” Read more

 

Target’s new retro-inspired Pokémon collection was made for superfans, by superfans at Fast Company. “Distilling 30 years into one collection was the challenge faced by Gigi Guerra, a vice president of marketing at Target, who brought her perspective as a die-hard fan to the process. To pare down the Pokédex, Target chose to lean into the occasion and return to where it all began, basing all of its new products on Pokémon from the original Pokémon Red and Pokémon Blue.” Read more

 

Nike’s New Temporary SoHo Store Celebrates the Grit of NYC – Opens Today at WWD. “The space is speckled with graffiti tags and throw-ups as well as a full-ceiling mural created by pioneers of NY graffiti. Other details include a running bib wheat paste ceiling as a nod to the wheatpasted posters the city is known for, and to pay homage to the New York marathon.” Read more

 

Wayfair’s Way Day event runs April 25–27, with “daily drop” deals starting April 20 Press release

 

Tesco Says Iran War Is Clouding Outlook for UK Shoppers at Financial Post

 

Behind the QVC Group Collapse, a Loss of Relevance and Late to Innovate WWD subs.

 

Jim Whittaker, Mountaineer Who Turned REI Into a National Retailer, Dies at 97 “In 1955, Whittaker received an offer to join REI, then a single 20-by-30-foot shop above the Green Apple Pie Restaurant in Seattle…Joining a tiny organization was “sort of a gamble,” he told The Wall Street Journal later, “but I thought what the heck.”…Whittaker rose to chief executive of REI in 1971.” WSJ subs.

 

Bessent warns gas stations that Treasury Dept will keep them ‘honest’ after spike in prices Fox Business

 

Get ready for the great American TV trade-in rush at Fast Company. “Circana, which monitors consumer purchases, says the average TV is replaced every 6.6 years. That figure dropped to 5 years during the pandemic…That puts more than 20% of the sets in use globally in that upgrade zone.” Read more

 

Walmart Unveils Modern Redesign of Great Value “The redesign will span almost 10,000 food and consumables items, making it the most extensive private brand update in Walmart’s history…the rollout will be phased over the next two years, beginning with salty snacks…” Press release