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What’s hottest trend in retail? Anything tied to wellness

What’s hottest trend in retail? Anything tied to wellness

With six new gyms in the development pipeline across Central Florida, the fitness industry and anything wellness-related are fast becoming some of the biggest retail players in the market today.

It’s one of the rare business sectors that appeals to all generations, from Gen Z to Boomers, said Gregg Katz, director of business industry solutions for Esri, a leading mapping software company.

“Even for Gen Z and Millennials, it’s about wellness and health and longevity, and, you know, just making life better,” he said.

At this year’s ICSC@Florida, the state’s largest retail convention and dealmaking conference, fitness and wellness in retail were a hot topic. Katz, who spoke about how age shapes retail trends, said concepts that focus on health and wellness “are going to have a huge runway,” he said.

Jason Kaiser, Senior VP for SRS Real Estate Partners, said gyms used to be considered undesirable uses for grocery-anchored retail centers, but that’s all changing. He recently closed a deal for EōS Fitness to lease a vacant big-box store in Colonial Plaza, near Sprouts. read more

With groceries more expensive than ever, here’s how to save money

With groceries more expensive than ever, here’s how to save money

By Gretchen McKay, Pittsburgh Post-Gazette

PITTSBURGH — These are anxious times in which to feed our families.

Grocery shopping is not just wildly expensive these days — the Consumer Price Index in July was up 2.7% year-over-year, with the price of some foods reaching record levels — but also filled with uncertainty.

Just when you think the price of a box of Honey Nut Cheerios couldn’t be higher (seriously folks, $7?) we have to worry about how big a hole President Donald Trump’s sweeping global tariffs will burn in our pockets going forward.

Nearly 75% of U.S. food imports will be affected, according to the Washington, D.C.-based Tax Foundation, a nonpartisan tax policy nonprofit. A 25% tariff on all Mexican imports all but guarantees the cost of fresh produce will go up, and we also can expect to pay more for household essentials like coffee and bananas.

The price of eggs is (maybe?) down to a bearable level. Recently, a dozen Good & Gather large white eggs were on sale at Target for $2.79. But the cost of ground beef is still climbing along with prices for dairy. read more

Crypto credit cards hit a wall in 2022. They appear to have scaled it

Crypto credit cards hit a wall in 2022. They appear to have scaled it

By Jae Bratton, NerdWallet

If you wanted a crypto-earning credit card at the end of 2021, you had a blockchain buffet of options. Multiple crypto companies like Gemini and BlockFi had launched cards that earned crypto rewards directly, while more established credit cards tacked on crypto as a redemption option.

But then the so-called crypto winter of 2022 hit, which completely reshaped the cryptocurrency ecosystem, credit cards included. BlockFi’s co-branded credit card was the first domino to fall after the company filed for bankruptcy. Other cards ended the ability to redeem rewards for crypto. By the end of 2024, the crypto credit card market had fizzled, and you could count on a couple of fingers the number of remaining options.

Fast-forward to 2025, though, and an infusion of crypto-friendly legislation seems to have given the market a second wind.

“This comeback of crypto credit cards is likely due to the more accommodating, softer regulatory environment making banks feel comfortable partnering with crypto platforms,” says Tonantzin Carmona, a fellow at the Brookings Institution who focuses on financial and emerging technologies, among other topics. read more

Trump’s job market promises fall flat as hiring collapses and inflation ticks up

Trump’s job market promises fall flat as hiring collapses and inflation ticks up

By JOSH BOAK

WASHINGTON (AP) — The U.S. job market has gone from healthy to lethargic during President Donald Trump’s first seven months back in the White House, as hiring has collapsed and inflation has started to climb once again as his tariffs take hold.

Friday’s jobs report showed employers added a mere 22,000 jobs in August, as the unemployment rate ticked up to 4.3%. Factories and construction firms shed workers. Revisions showed the economy lost 13,000 jobs in June, the first monthly losses since December 2020, during the COVID-19 pandemic.

The new data exposed the widening gap between the booming economy Trump promised and the more anemic reality of what he’s managed to deliver so far. The White House prides itself on operating at a breakneck speed, but it’s now asking the American people for patience, with Trump saying better job numbers might be a year away.

“We’re going to win like you’ve never seen,” Trump said Friday. “Wait until these factories start to open up that are being built all over the country, you’re going to see things happen in this country that nobody expects.” read more

Attorneys general warn OpenAI and other tech companies to improve chatbot safety

Attorneys general warn OpenAI and other tech companies to improve chatbot safety

By MATT O’BRIEN and THALIA BEATY

The attorneys general of California and Delaware on Friday warned OpenAI they have “serious concerns” about the safety of its flagship chatbot, ChatGPT, especially for children and teens.

The two state officials, who have unique powers to regulate nonprofits such as OpenAI, sent the letter to the company after a meeting with its legal team earlier this week in Wilmington, Delaware.

California AG Rob Bonta and Delaware AG Kathleen Jennings have spent months reviewing OpenAI’s plans to restructure its business, with an eye on “ensuring rigorous and robust oversight of OpenAI’s safety mission.”

But they said they were concerned by “deeply troubling reports of dangerous interactions between” chatbots and their users, including the “heartbreaking death by suicide of one young Californian after he had prolonged interactions with an OpenAI chatbot, as well as a similarly disturbing murder-suicide in Connecticut. Whatever safeguards were in place did not work.” read more