tariffs

New Walmart System Lets Suppliers Increase Prices
New Walmart System Lets Suppliers Increase Prices
June 13, 2019  |  Retail

Walmart has updated a tool to allow suppliers to submit cost increases related to higher U.S. tariffs on Chinese goods. The “Cost Change Scenario” tool,...

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Foxconn Ready To Move Apple Production Out Of China
Foxconn Ready To Move Apple Production Out Of China
June 12, 2019  |  Apple

Foxconn Technology is prepared to move production for Apple out of China if the country’s trade war with the U.S. escalates. In the company’s first...

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CEOs Ramp Up Risk Mitigation As Trade War Threat Grows
CEOs Ramp Up Risk Mitigation As Trade War Threat Grows
June 10, 2019  |  B2B Payments

As the trade war between the U.S. and China could escalate, CEOs are trying to figure out how they will mitigate the risks that could...

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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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