President Donald Trump threatened to raise tariffs on Apple and the European Union in Friday (May 23) posts on Truth Social. “I have long ago...
Memorial Day may commemorate American sacrifice and the unofficial start of summer. But for Amazon and Walmart, it marks a critical moment in the retail...
Luxury lifestyle products firm Ralph Lauren plans to raise prices to cover the cost of tariffs, saying the demand it is seeing from its high-end...
American business activity and sentiment improved in May but remain muted amid ongoing tariff turmoil. That’s according to the S&P Global flash May composite index, released Thursday (May 22)...
Luxury conglomerate LVMH reportedly told investors and analysts that demand remains soft due to weaker consumer confidence in China and other markets. This message may signal that...
Amazon CEO Andy Jassy told shareholders during a virtual meeting Wednesday (May 21) that the tariffs the President Donald Trump administration imposed on imported goods...
Target reported a 3.8% decrease in comparable sales for the first quarter and said it expects to see a low single-digit decline in sales for...
Consumers are tightening their grips on their wallets — digital ones and the ones kept in pockets and purses — and yet eCommerce sales still...
TikTok’s U.S. eCommerce workers are reportedly facing possible job cuts. That’s according to a Bloomberg News report Wednesday (May 21), citing an internal memo to the social media...