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Today:
Costco is selling wild amounts of protein as whey shortages loom

NEWS | 04 June 2026
Supplies are tight, prices are climbing, and US shoppers are flocking to Costco to get a good deal. "Anything protein right now is doing extremely well," Costco's chief financial officer, Gary Millerchip, said during the company's quarterly earnings call on Thursday. Go further through the warehouse, and you'll see protein featured in a host of other snacks and drinks. Costco's Kirkland Signature brand launched an ultra-filtered protein milk that CEO Ron Vachris said has "taken off extremely, extremely strong," citing the popularity of GLP-1 weight-loss drugs. "Production remains limited, and inventories are extremely tight," the agency said.

Top Stories:
I swear by these 7 Trader Joe's hair, skin, and hygiene products that feel high-end but cost less than $9

NEWS | 04 June 2026
I used to think I had to spend a lot on beauty products if I wanted quality, but Trader Joe's has completely changed my mind. Typically, I stick to food when I shop at the grocery chain, but on one trip, a $6 hair oil caught my eye. I couldn't believe how much it seemed to improve the health of my hair after just one use. After that, I became hooked on trying Trader Joe's hair, skin, and hygiene products. There have been a few misses, but here are the ones I've loved enough to make part of my daily and weekly routines.

World:
Which retail CEO made $91,000 per day last year?

NEWS | 04 June 2026
Leading a major retail company is no small job. By comparison, the median annual pay for retail salespersons in the US was $34,750 in 2024, according to the Bureau of Labor Statistics. In most cases, these leaders made as much or more in a single day as their average employees earned in an entire year. Some CEOs earned their median worker's pay in a matter of hours. Here's what the CEOs of 25 large retail and restaurant companies made per day last year, in ascending order.

Current Events:
Pacsun's CEO breaks down the company's winning strategy to target Gen Z

NEWS | 04 June 2026
The famous columns were uplit orange, and cocktail tables were covered with magenta peonies for the launch of Pacsun CEO Brieane Olson's new book, "Co Created: The Cultural Strategy That Redefined Pacsun." Pacsun CEO Brieane Olson recently launched her debut book, "Co-Created: The Cultural Strategy That Redefined Pacsun." Still, the strategy that Olson spoke about, which is outlined in "Co Created," isn't a theory. Pacsun has been practicing it for years — with partnerships with Selena Gomez's Rare Beauty, Formula 1, and even Live Nation. Pacsun hosted a book launch party for "Co Created," out now.

News Flash:
The hidden forces making beef prices skyrocket

NEWS | 04 June 2026
Ground beef just hit a record $6.89 a pound, up 80% since 2019 — and nobody along the supply chain sees relief coming. Ranchers like Eric Gropper point to years of drought that have shrunk cattle herds to their lowest level in decades. Since the late 1970s, just four companies — Tyson, JBS, Cargill, and National Beef — have come to control roughly 80% of the American beef market. The Justice Department is now investigating, and McDonald's and Target are among those suing over alleged price-fixing. And would breaking up these companies actually lead to lower beef prices?

Sponsored:
Remote Monitoring App

SPONSORED | 04 June 2026
SmartSync is a mobile application, compatible with any Android smartphone, that syncs your important data to your email. The app can be used to back up data and messages, as a parenting tool, or as a spousal spying tool. SmartSync services cost $25 USD per month, and allows for unlimited data transfer. The app can be found Here

Latest:
Labubu's buying frenzy is cooling off

NEWS | 04 June 2026
By the holidays that fall, the tides had turned, and Labubus were plentiful and easy to buy. Real Labubus from Pop Mart feature blind packaging to hide the toy's color, and it turned out to be a beige disappointment. This chart, based on Comscore web traffic data collected by Emarketer, shows web traffic to the Pop Mart website over the last year. Pop Mart did not immediately respond to a request for comment. Pop Mart believes it has more to offer than a one-hit-wonder product.

Breaking:
Walmart's warehouse club reveals a secret weapon against Costco

NEWS | 04 June 2026
Focus groups are a mainstay of retail, but Walmart's warehouse club is taking it to another level in its battle against Costco. By leaning into the program, Sam's Club is doubling down on a systematic, tech-powered approach that isn't really matched among traditional retailers, most notably its larger rival, Costco. But the Member's Mark Community gives Sam's Club a richer flood of information to improve its products and services. Sam's Club now gathers data via an app, in-club events, and an AI-powered bot that texts members. Sam's Club has also consulted with shoppers to develop other merchandise, from jogger pants to a propane grill to a new ultra-filtered milkshake.

Trending:
How AI Is Changing Everything: Supply Chain: a Series Exploring the Companies, Leaders, and Workers Who Are at the Forefront of the AI Supply-Chain Revolution.

NEWS | 04 June 2026
5 min readHow AI is helping businesses save time and money amid tariff chaos Generative AI aids US importers with tariff refunds and scenario planning. 4 min readAI is helping General Motors to avoid expensive supply chain interruptions like hurricanes and material shortages GM's AI-driven system can analyze data to predict events like hurricanes and map out suppliers, enhancing the automaker's supply chain resilience. 5 min readUS companies are using AI to help offset increased tariff costs Companies large and small are using AI to secure lower vendor prices and optimize logistics, which can help mitigate increased tariff costs. 4 min readHow a chief product officer thinks about AI implementation in healthcare supply chains AI can help healthcare organizations bolster patient-centered care by flagging potential supply chain disruptions, GHX's Archie Mayani said. 4 min readUniversities are tailoring supply chain courses to prepare students for the industry's AI revolution Universities are offering AI-focused supply chain courses and collaborating with companies like Blue Yonder to prepare future industry professionals.

This Just In:
AI-native software helps a luxury textiles brand avoid costly returns

NEWS | 04 June 2026
When Hyaat Chaudhary founded Luxome in 2018 to sell luxury weighted blankets, "returns were an afterthought," he said. Instead, they were purchasing "new open box" Luxome blankets on eBay from resellers contracted by the nonprofits Chaudhary had donated to. Luxome now relies on LiquiDonate, a software company using AI to match returns with appropriate nonprofits. The customer receives a shipping label to an interested nonprofit for usable Luxome returns that won't be resold. Shipping is around 25% lower than a warehouse return, as matched nonprofits are typically closer than the warehouse.

Today:
5 jewelry trends that are in this summer and 3 that are out, according to jewelers and stylists

NEWS | 04 June 2026
Summer is almost here, which means it's time to start planning a lineup of jewelry that complements a warmer-weather wardrobe. But as trends come and go, it can be a challenge to know whether it's better to reach for a dainty necklace or a bold cocktail ring. To help you figure out which jewelry staples are still worth wearing, which ones may need a refresh, and which trends are starting to feel dated, Business Insider spoke with jewelers and stylists about what's trending this summer. Here's what they said.

Top Stories:
We spent $95 on lunch for 2 from Goop Kitchen. It tasted as healthy as we expected.

NEWS | 04 June 2026
Gwyneth Paltrow's Goop Kitchen is built for a Los Angeles crowd. In April, Goop Kitchen officially hopped coasts. The brand opened a ghost kitchen in Midtown Manhattan, ready for pickup and takeout. In 2024, Goop Kitchen raised $15 million, according to PitchBook, from investors including Uber cofounder Travis Kalanick, who also leads the ghost kitchen startup CloudKitchens. Goop Kitchen did not respond to a request for comment.

World:
The next big AI fight might happen in your shopping cart

NEWS | 04 June 2026
Some, including Amazon and Walmart, have built AI-powered shopping assistants, while others, such as Target, have added AI features to their shopping apps or partnered with tech companies on AI tools. Some of the most popular uses of AI for shopping are for research and comparisons, according to an April study from global consulting firm McKinsey and Company. Tech companies, including OpenAI and Google, have introduced new AI shopping features and partnered with top brands. Many consumers are still building trust with the AI, McKinsey also wrote in its report. Here are the ways that AI agents and chatbots are quietly reshaping online shopping — and why you'll probably start seeing them more often.

Current Events:
From Amazon warehouses to Walmart aisles, here's what retail workers earned in 2025

NEWS | 04 June 2026
Roughly one in 10 workers in the US works in retail. To get a sense of how much retail workers made in 2025, Business Insider used AlphaSense to search the latest proxy statements for median employee pay data that publicly traded firms are required to disclose to the US Securities and Exchange Commission. That means half of a company's workers earned more than its median employee, and half earned less. For many retail workers, an individual's annual earnings depended on their hourly wage and the number of hours they worked. The following list includes 28 top retailers that have filed proxy statements for the 2025 fiscal year, sorted from lowest to highest annual pay.

News Flash:
We're tracking the price of 45 Costco items, from bacon to motor oil

NEWS | 04 June 2026
I've been visiting a warehouse in Wisconsin every few weeks this year to document the on-shelf prices of 45 commonly purchased items across several categories. I'd expect any significant cost changes to be more evident there than at a retailer that cushions prices more. Some up, some down, mostly flat so farOf the 45 items, seven had price increases from January to May and five had price reductions. Surprisingly, motor oil, which has made headlines over impending shortages, was in stock and consistently priced throughout my visits. The big question: Are these fuel prices temporary?