tariffs

Retail Clothing Sales Down 24 Percent, Worst Since ‘08
Retail Clothing Sales Down 24 Percent, Worst Since ‘08
May 31, 2019  |  Retail

Clothing retailers like the Gap, Canada Goose and Abercrombie & Fitch are all experiencing troubling sales reports, the likes of which haven’t been seen since...

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Retail’s Fizzling Store Count
Retail’s Fizzling Store Count
May 31, 2019  |  Sizzle/Fizzle

Perhaps at this point it might  be better to ask which retailers, if any, are not shuttering stores. The data came this week from Coresight...

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Retail Store Closures Pass 7,150
Retail Store Closures Pass 7,150
May 29, 2019  |  Retail

This year is proving to be another tough one for brick-and-mortar stores, with Dressbarn, CVS, Party City and Pier 1 Imports being just a few...

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Chinese Gov’t Pours $22B To Prop Up Domestic Cos In 2018
Chinese Gov’t Pours $22B To Prop Up Domestic Cos In 2018
May 27, 2019  |  International

The Chinese government increased subsidies it paid last year, aiming to help Chinese companies weather the economic slowdown in the country. According to the Financial...

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Huawei CEO Against Apple Retaliation In China
Huawei CEO Against Apple Retaliation In China
May 27, 2019  |  Apple

Huawei Founder and CEO Ren Zhengfei said he doesn’t expect China to retaliate against Apple, despite the Chinese telecom company being blacklisted by the White...

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Tariff Battle May See Mounting Retail Casualties
Tariff Battle May See Mounting Retail Casualties
May 27, 2019  |  Cross Border Commerce

Trade wars leave casualties on the economic battlefield, wounding balance sheets and earnings as the costs to import (and sell) goods mounts. That’s especially true...

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Samsung Aims To Cash In On Huawei’s Struggles
Samsung Aims To Cash In On Huawei’s Struggles
May 26, 2019  |  Mobile

Samsung Electronics is looking to take advantage of the United States’ recent ban on Huawei Technologies. While Samsung has been struggling in the global network...

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China Tariffs Could Cost Americans $831 A Year
China Tariffs Could Cost Americans $831 A Year
May 23, 2019  |  Economy

The New York Federal Reserve Bank published research on Thursday (May 23) saying that increased U.S. tariffs on Chinese imports will cost the typical American...

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Treasury Sec., Walmart CFO Discuss China Trade War Price Effects
Treasury Sec., Walmart CFO Discuss China Trade War Price Effects
May 22, 2019  |  Retail

U.S. Treasury Secretary Steven Mnuchin told Congress on Wednesday (May 22) that he spoke with Walmart Chief Financial Officer Brett Biggs about the effects of...

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