Featured News

TJX CEO Touts Favorable Home Product Position Following Solid Q1

In the face of tariffs and economic uncertainty, TJX maintained guidance for full-year sales growth, pretax profit margin and diluted earnings per share in reporting first-quarter financial results that topped expectations, including a solid gain in the company’s HomeGoods business.

IHA Survey Reveals Magnitude of Housewares Industry Tariff Impact, Response

Nearly all respondents to a recent member survey by The International Housewares Association (IHA) indicated tariffs are impacting their businesses, with canceled shipments, prices increases, workforce reductions and alternative sourcing among the cited supplier responses to escalating duties.

Housewares Hurdles Remain Despite Temporary China Tariff Reduction

Housewares suppliers said uncertainty remains a challenge despite the immediate tariff relief from the agreement between the United States and China to reduce tariffs significantly for 90 days while the countries try to work out a long-term trade deal.