Retail Articles

The United States Bureau of Economic Analysis reported real gross domestic product decreased at an annual rate of 0.3% in 2025’s first quarter.

Amazon is touting preparations for Prime Day 2025 and a new partnership with luxury retailer Saks, amid reports that sellers are bowing out of Prime Day due to tariffs and pressure from the White House to halt a plan to list tariff changes in product pricing on the site. 

Although it still holds out hope for rescue, Hudson’s Bay Co. stated it would liquidate its remaining six Hudson’s Bay stores and one Saks Fifth Avenue location.