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...
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...
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...
by Mike Duff | May 12, 2025 | Retail Articles
The National Retail Federation, while projecting a slowdown at U.S ports, applauded the White House announcement that United States and China agreed to a steep tariff reduction for 90 days as negotiations for a permanent trade deal continue. In response to the...
by Mike Duff | May 9, 2025 | Retail Articles
Retail sales grew in April, but they did so as many consumers moved up purchases to dodge higher prices they expected to come with tariffs, according to the CNBC/NRF Retail Monitor. Released by the National Retail Federation, Retail Monitor stated that total retail...