Target sales drop in 1st quarter and retailer warns they will slip for all of 2025
Target’s challenge to revive sales and its status as a cheap chic retailer just got more complicated.
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President Donald Trump’s massive import taxes haven’t done much economic damage — yet
Trump’s tariffs are still huge – the highest since the Great Depression of the 1930s. They’re unpredictable: The president frequently announces tariffs only to suspend them days later and to...
A rare warning from Walmart during a US trade war: Higher prices are inevitable
Walmart, which became the nation's largest retailer by making low prices a priority, has found itself in a place it's rarely been: Warning customers that prices will rise for goods...
Mattel plans to raise prices on some toys to offset tariff costs
Mattel Inc., the maker of Barbie dolls, Hot Wheels cars and other popular toys, said Monday that it would have to raise prices for some products sold in the U.S....
Kohl’s ousts CEO Ashley Buchanan after investigation into some vendor transactions
Kohl’s has terminated CEO Ashley Buchanan, who just started the department store chain’s helm in January, after an investigation determined that he directed the retailer to engage in vendor transactions...
President Donald Trump’s tariffs loom over the economy as shipments from China fall
American businesses are cancelling orders from China, postponing expansion plans and hunkering down to see what trade policy surprises President Donald Trump plans to spring on them next.
Tariffs will make sneakers, jeans and almost everything Americans wear cost more, trade groups warn
Sending children back to school in new sneakers, jeans and T-shirts is likely to cost U.S. families significantly more this fall if the tariffs President Trump put on leading exporters...
President Trump’s erratic trade policies are baffling businesses, threatening investment and economic growth
President Donald Trump’s ever-changing, on-again, off-again tariff war with America’s three biggest trading partners is baffling businesses and causing them to delay or cancel the investments that help drive economic...
Toys are expected to cost more by fall due to new US tariffs on Chinese imports
As toy inventors, toy manufacturers and buyers for stores that sell toys met for a four-day annual trade show in New York last weekend, a topic besides which items were...
Economic Blackout: Will a 24-hour boycott make a difference?
A grassroots organization is encouraging U.S. residents not to spend any money Friday as an act of “economic resistance.”