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Home Depot Says It’s Holding the Line on Prices After Mixed Q1 Results

Home Depot Says It’s Holding the Line on Prices After Mixed Q1 Results

by Mike Duff | May 20, 2025 | Retail Articles

Home Depot indicated it has no plans for broad price increases in the wake of recent tariff actions after posting first-quarter earnings that missed and sales that beat Wall Street expectations. Net earnings for the first quarter were $3.43 billion, or $3.45 per...
Census Bureau: Retail Sales Remain Solid Despite Tariff, Economic Concerns

Census Bureau: Retail Sales Remain Solid Despite Tariff, Economic Concerns

by Mike Duff | May 16, 2025 | Retail Articles

According to the United States Census Bureau, retail sales in April increased slightly from March. They were stronger year over year, even as consumers spent somewhat warily, given shifting tariffs and economic tides.  Retail trade sales slipped 0.1% from March 2025...
Walmart CEO McMillon Says Price Increases Coming After Solid Q1

Walmart CEO McMillon Says Price Increases Coming After Solid Q1

by Mike Duff | May 15, 2025 | Retail Articles

Commenting on first-quarter results, Doug McMillon, Walmart Inc. president and CEO, said dealing with tariffs would be a challenge for the company, but Walmart would do what’s possible to keep prices low for customers. However, McMillon (pictured above) added...
ISM: Services Sector Expands for 10th Straight Month in April

ISM: Services Sector Expands for 10th Straight Month in April

by Mike Duff | May 14, 2025 | Retail Articles

Economic activity in the services sector increased for the 10th consecutive month in April, with retail among those industries gaining, according to purchasing and supply executives in the United States as polled in the latest Services ISM Report On Business. In...
Housewares Hurdles Remain Despite Temporary China Tariff Reduction

Housewares Hurdles Remain Despite Temporary China Tariff Reduction

by Peter Giannetti | May 13, 2025 | Featured News, Home + Housewares

Editor’s Note: This report has been revised to indicate that Chinese imports subject to a 25% stainless steel and aluminum tariff are exempt from the temporarily reduced 10% reciprocal tariff. Housewares suppliers said uncertainty remains a challenge despite the...
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