Trump trade tariffs take U.S. imports, exports to near Covid-level event at CNBC. “We haven’t seen anything like this since the disruptions of summer 2020,” said Kyle Henderson, CEO of Vizion. “That means goods expected to arrive in the next six to eight weeks simply won’t.” Read more

 

Brides Settle for Costco Flowers and American Wine as Tariffs Rain on Wedding Season at WSJ. “About 90% of dresses are manufactured in China…“People look at me like I’m insane when they see the prices, but I tell them it’s what I’m paying, too,” said (wedding florist) Fleck. “The carnation is now the cost of a rose, the rose is now the cost of a garden rose.” WSJ subs. 

 

Walmart is seeking $200,000 commitments from advertisers to run Vizio ads at Adweek. “At its 2025 NewFronts presentation on Monday, the smart TV manufacturer talked about a few new formats and products that let advertisers use Walmart’s reams of shopping data. Vizio claims to reach 79 million people.” Read more

 

Chinese holiday spending inches up but trade war weighs on services at Reuters. “Chinese travellers’ spending rose 8% year-on-year during the May Day holiday to 180.27 billion yuan ($24.92 billion), but was still off pre-pandemic levels, while the country’s services activity expanded at the slowest pace in seven months in April.” Read more

 

DoorDash Announces Agreement to Acquire Deliveroo Press release

 

Costco’s Kirkland brand is bigger than Nike—and it’s about to get even bigger at Fast Company. “Kirkland-branded products (excluding gas) already account for nearly a quarter of Costco sales—some $56 billion in its fiscal year that ended September 1. That makes Kirkland bigger by revenue than Nike ($51 billion last year) or Netflix ($39 billion).” Read more

 

How would you spend 24 hours inside a Buc-ee’s? One man did it. at Chron. “For some reason, Hale didn’t try to sleep, and photos of hour 17 and 18 showed him spiraling into delirium. Hour 19 showed him working the cleaning zamboni. As Hale entered his final hours, he came back to the breakfast tacos and appeared on ESPN’s SportsCenter. Alas, Hale triumphed over his challenges and made it through all 24 hours inside a Buc-ee’s.” Read more

 

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A New Tech Fund Backed by Jeff Bezos Courts Individual Investors at WSJ. “Hedge fund giant Coatue Management is launching a fund that invests in high-growth public and private tech companies, and requires a minimum investment of $50,000. The family offices of Amazon founder Jeff Bezos and PC company founder Michael Dell have committed a total of $1 billion to seed the new fund…” WSJ subs.

 

Boot Barn Holdings, Inc. Appoints John Hazen as CEO “Prior to joining Boot Barn in 2018 as Chief Digital Officer, he served as SVP of Commerce and Subscriptions of Ring from 2017 to 2018 and SVP of Direct to Consumer of True Religion from 2014 to 2017…” Press release

 

Temu and Shein face massive tariffs. But don’t count them out of the U.S. e-tail scene, experts say at CNBC. “I personally believe, if anything, [America’s e-commerce] game has been accelerating in favor of Temu and Shein … I wouldn’t be surprised if the competitiveness gap actually continues to widen,” added Weinswig, whose research and advisory firm works with clients across tech, retail and supply chains.” Read more

 

Trump says Jeff Bezos was ‘very nice’ and agreed to take tariff info off Amazon listings right after their call at Insider/Yahoo

 

Ex-Starbucks CEO Howard Schultz ‘vividly’ recalls advice from Costco co-founder—it ‘became a core principle for us’ at CNBC

 

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