Key Takeaways
President Trump launched a major investigation into imported furniture tariffs.
Stocks of import-heavy retailers plunged after the announcement.
Companies making furniture in...
Key Takeaways:
- Strong gains in income, home equity, and the stock market have bolstered wealthier Americans' spending powers.
- New Federal Reserve research attests to...
Key Takeaways:
- US retail sales experienced a moderate increase last month.
- This rise indicates sustained consumer resilience.
- Economic experts highlight the importance of this...
On Tuesday, Amazon announced Prime Wardrobe, which gives Amazon the potential to disrupt the fashion industry further.
The new style platform, Prime Wardrobe, is similar...
Ascena Retail Group, which owns several major retail stores including Ann Taylor, Dress Barn, Loft, Lane Bryant, Justice, Maurice and Catherine stores, plans to...
While Bitcoin's valuation is surging and the tobacco business is thriving, retail giants are struggling to compete in this new era of business. Retailers are facing...