It’s been another week with far more retail news than there is time in the day. Below, we break down some things you may have missed during the week and what we’re still thinking about. 

From Chewy’s notable quarter to Spirit Halloween’s hiring spree, here’s our closeout for the week.

What you may have missed

Chewy fetches a solid quarter

Chewy notched record profitability in the first quarter, alongside a nearly 8% net sales gain. Net income in the quarter reached $94.8 million, and CEO Sumit Singh on a call with analysts said the company’s profitability drivers “remain structural in nature and continue to strengthen.”

“Importantly, our model does not require outsized industry growth or significant pricing inflation to expand margins,” Singh said, citing the expansion of sponsored ads, a product mix shift into higher-margin categories like healthcare and benefits from greater operating scale.

Active customers in the quarter grew 3.6%, reaching 21.5 million, and net sales per active customer increased to $597. Despite the positive signs, William Blair analysts called out the company’s lowered full-year revenue guidance, which is the result “of an incrementally more challenged pet environment since last quarter.”

“The commentary tracks with broader negative data points across the pet space,” William Blair said.

Abercrombie opens the ‘pinnacle expression of the brand’

Abercrombie & Fitch opened a store in SoHo, which is “the best expression of Abercrombie to date,” according to Abercrombie & Fitch Co. Managing Director of the Americas, Melissa Worth. 

The store reflects the brand’s 134-year history in New York and comprises three floors, which house an expanded assortment of men’s and women’s products, including an exclusive collection of New York City and USA merchandise. The location also sports the brand’s first accessories selection, which includes footwear, sunglasses and bags. The second floor includes a dedicated space inspired by a classic NYC hotel bar. 

“Today’s customer leads a multifaceted life, and we wanted our products to reflect that,” Abercrombie & Fitch Co. Chief Product Officer Corey Robinson said in a statement. “With a curated assortment that extends beyond apparel, we’re able to meet our customers wherever life takes them, outfitting them from head to toe with pieces that bring confidence, versatility and comfort for every occasion.” 

The store is located at 520 Broadway between Spring and Broome Streets. 

Later in June, sister brand Hollister will open a store at the former Abercrombie SoHo location at 547 Broadway.

Retail therapy

Coors kicks up a very soccer summer

Leave it to the beer brands to bring a dose of chaotic energy to World Cup marketing. 

Coors, which is running a campaign built around the longstanding extension of the letter “O” in fan cheers, has just dropped an extended Coors canister as part of the bit. The “Coooors Light Tallerboy” fits three regular Coors Light cans in it and costs $30 on Coors’ website. 

"The Tallerboy is everything 'The Cooors Call' stands for, brought to life in physical form," Matt Carpenter, vice president of marketing at Coooors Light, said in a statement. "Extra long celebrations deserve something that allows you to hold onto those game moments a little longer, and Tallerboy does exactly that — three cans, one canister and a whole lot of extra Os."

Get gooooing if you want one. The tallerboy dropped in a limited amount Thursday and will also be available next week while supplies last.

What we’re still thinking about

52,000

That’s how many seasonal workers Spirit Halloween is hiring this year for its over 1,500 retail locations across the U.S. and Canada. The company is seeking sales associates, and regional, zone and store managers, among other positions, to lead store setup, merchandising, operations and teardown. 

The number of hires is up 2,000 from 2025 and 2024. 

To attract top talent the company is offering a number of benefits and perks including seasonal pay incentives, retention bonuses and a 30% employee discount. 

"Our teams share a passion for all things Halloween, and there's nothing better than transforming our store into a destination where the community can celebrate the season together,” CEO Steven Silverstein said in a statement.

People interested in applying can find info at Work4Spirit.com or can text "Reaper" to 85000.

What we’re watching

President Trump professes ‘love’ for inflation as consumer, wholesale prices jump

Energy price spikes due to the Iran war are driving up the costs of a range of goods and services, adding to the woes of many already struggling U.S. consumers. Inflation topped 4% in May, the highest in three years, according to a government report Wednesday. 

Wholesale inflation also surged, rising 6.5% in May, the government reported Thursday. Prices of wholesale goods rose 2.8%, the highest since December 2009 when data was first collected. As with the consumer index, that was mostly due to energy prices, per the report.

In a moment that went viral Wednesday, President Trump told reporters that he isn’t concerned about the price increases.

“I love the numbers. You know what I really love? I love the inflation,” he said, adding later, “When the war is over? It’s coming down.”

Economists warned that food prices in particular are likely to remain high for a while even if the war ends.