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A Tidal Wave of Change Is Headed for the U.S. Economy
When the Covid pandemic hit, factories in China shut down and global shipping traffic slowed. Within a matter of a few weeks, products…
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Shopping and Retail
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Companies Are Raising Prices as Tariffs Hit
More companies are starting to warn that they will have to pass on higher costs to American consumers, raising prices for products like…
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Amazon Says Operating Profits May Decline Amid Economic Uncertainty
As much as Amazon may have wanted to dodge the spotlight in President Trump’s trade war, there was no avoiding it for America’s largest…
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West Coast Ports Brace for China Tariffs to Dent Import Volume Within Days
Census Bureau data released on Tuesday showed a surge in U.S. imports starting last fall, from $268 billion at the end of October to $343…
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Are Shein and Temu Prices Going Up? What to Know as Trump Ends De Minimis Tariff Loophole
A loophole that has allowed American shoppers to buy lots of cheap goods from mainland China and Hong Kong without paying tariffs and…
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As Recession Fears Rise, ‘No Buy’ Takes On New Urgency
With many Americans concerned that President Trump’s tariffs will make most products more expensive and possibly tip the United States…
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Joann, 80-Year-Old Crafts and Fabrics Retailer, Will Close All Stores
Joann, the fabrics and crafts retailer that has supplied quilters, seamstresses and school projects for 80 years, announced that it would…
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When They Stop Selling Your Favorite Thing
For 15 years, Elizabeth Spiridakis Olson used a matte lip pencil in a shade of red called Dragon Girl. In her view, it was “one of the…
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Walmart Racks Up Sales Record but Sees Slower Growth Ahead
Walmart, the largest retailer in the United States, said on Thursday that strong holiday sales propelled its revenue to another annual…
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Should Tulips Replace Roses for Valentine’s Day? Florists Think So.
For the past five years, Molly Culver, owner of Molly Oliver Flowers in Brooklyn, has mounted a quiet battle against the goliath of…
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Joann Customers React to Store Closings and Bankruptcy
Crafters, quilters, knitters and makers across the country received bleak news on Wednesday when they learned that Joann, the…
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Trump Allows Low-Cost Chinese Products to Enter U.S. Without Tariffs, for Now
President Trump signed an executive order on Friday that will temporarily allow low-cost products from China to continue coming into the…
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Brooklyn’s Outlandish Hosts Black History Month Hike
On the surface, hiking can seem as if it has a low barrier to entry. How hard is it to get up and go outside? Dig deeper and you will find…
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How Trump Scrapping the De Minimis Rule Could Affect Consumers and Retailers
President Trump’s executive orders on Saturday imposing broad tariffs on the country’s three largest trading partners also scrapped a…
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New CVS App Lets Customers Unlock Cabinets to Pick Up Products
Customers at some CVS stores will no longer have to push a button and wait for a clerk to unlock one of those glass cabinets to get the…
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Amazon’s Fight With Unions Heads to Whole Foods Market
At a sprawling Whole Foods Market in Philadelphia, a battle is brewing. The roughly 300 workers are set to vote on Monday on whether to…
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Does a Strong Holiday Shopping Season Mean a Better Year Ahead?
The retail industry’s report card for the critical holiday shopping season is in. American shoppers surprised analysts, economists and…
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Retailers may be taking a more staggered approach to holiday hiring.
Every year, retailers race to hire workers to staff their stores and distribution centers to meet the demand that comes with millions of…