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Wayfair Confident It Can Cope With Tariffs After Exceeding  Q1 Expectations

Wayfair Confident It Can Cope With Tariffs After Exceeding Q1 Expectations

by Mike Duff | May 1, 2025 | Retail Articles

Wayfair’s first-quarter earnings beat Wall Street expectations as the home furnishings retailer addressed how tariffs would affect the business. In the quarter, net loss was $113 million, or 89 cents per diluted share, versus $248 million, or $2.06 per diluted...
Kirkland’s Furnishes Bed Bath & Beyond, Overstock Update After Q4 Earnings Beat

Kirkland’s Furnishes Bed Bath & Beyond, Overstock Update After Q4 Earnings Beat

by Mike Duff | May 1, 2025 | Retail Articles

As its relationship with Beyond evolves and China tariffs loom, Kirkland’s expressed optimism about the future as the retailer topped a Wall Street earnings estimate while posting comparable sales gains in bricks-and-mortar locations. Net income was $7.9 million, or...
Import Gains Ahead of Tariffs Contributed to GDP Decline in Q1

Import Gains Ahead of Tariffs Contributed to GDP Decline in Q1

by Mike Duff | Apr 30, 2025 | 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. In the 2024 fourth quarter, the bureau’s real GDP reading increased 2.4%. The first quarter decrease in real GDP reflected...
Amazon Counters Tariff-Related Reports With Updates on Prime Day Progress, Saks Partnership

Amazon Counters Tariff-Related Reports With Updates on Prime Day Progress, Saks Partnership

by Mike Duff | Apr 29, 2025 | Retail Articles

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...
Dallas Market Center Campaign Supports Independent Retailers in Tariff Fight

Dallas Market Center Campaign Supports Independent Retailers in Tariff Fight

by Peter Giannetti | Apr 28, 2025 | Trade Shows & Associations

Dallas Market Center, which operates gift, home and apparel wholesale markets, announced a new initiative to support independent retailers in their efforts to mitigate the impact of escalated tariffs on Chinese imports. DMC reported the core message of the campaign —...
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