Costco's Walmart strategy, Nike's turnaround, Taco Bell's Nvidia play

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Image for article titled Costco's Walmart strategy, Nike's turnaround, and Taco Bell's Nvidia play: Retail news roundup — Graphic: Images: Ethan Miller / Staff, Clive Mason, Brandon Bell, David Ryder

Costco (COST) is reportedly following Walmart’s lead in demanding price cuts from its Chinese suppliers as U.S. tariffs impact costs. Meanwhile, chipmaker Taco Bell is teaming up with chipmaker Nvidia on new AI tech to boost its global restaurant operations. Nike’s turnaround is showing signs of progress, with its new CEO Elliot Hill attributing the improvement on a renewed focus on sports. On the other hand, egg prices have dropped significantly, but consumers may not see savings at checkout just yet.Checkout these stories and more in this week’s retail roundup.

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Costco follows Walmart’s lead on tariffs

Costco is reportedly demanding price cuts from its Chinese suppliers as U.S. tariffs continue to take a toll.

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Chipmaker Taco Bell taps chipmaker Nvidia

Two chipmaking giants are joining forces.

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Nike’s turnaround is starting to work, thanks to sports

Clay falls from a pair of Nike shoes on June 04, 2024 in Paris, France.

Nike’s (NKE) turnaround plan is beginning to show results, thanks to a renewed focus on sports, its new CEO Elliott Hill said while unveiling better-than-expected fiscal third-quarter earnings.

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Egg prices are finally going down. It may take a while to see

A customer shops for eggs at an H-E-B grocery store in Austin, Texas.

Egg prices have dropped sharply, but consumers won’t see relief at the checkout counter just yet.

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Amazon’s top 10 Big Spring Sale deals

Amazon’s (AMZN) Big Spring Sale 2025 is just around the corner, running from March 25 through 31, giving shoppers an opportunity to score big deals across a wide range of categories.

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Amazon’s super-cheap Haul is struggling to keep up with Temu and Shein

Amazon’s (AMZN) Haul, the retail giant’s attempt at offering low-cost products, has yet to capture the attention of U.S. consumers in the way it bargained for.

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Starbucks has to pay California driver $50 million over hot tea spill

Starbucks has been ordered to pay $50 million to a California delivery driver who suffered severe burns when a hot drink spilled onto his lap at a Los Angeles drive-through in Feb. 2020.

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5 big changes Starbucks has made this year

A Starbucks coffee cup in Chicago, Illinois.

Starbucks has been making big changes as part of its “Big Fix.”

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Temu and Shein aim for U.S. market supremacy — challenging Amazon’s hold

Temu and Shein, two Chinese fast-fashion giants, are determined to increase their dominance in the U.S. market, challenging Amazon’s efforts to capture a share of the budget-friendly e-commerce space.

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