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Retail

29 stories

US China tariff war
Retail

92% of apparel imports from China will be hit with tariffs on Sunday—here’s how companies are coping

The ugly Christmas sweaters you’re eyeing might still see a tariff price hike before the holiday season, according to an industry group. In an attempt to save Christmas, President Donald Trump announced earlier this month that tariffs on some Chinese goods will be delayed until Dec. 15. Retail and department store stocks including American Eagle, Abercrombie and Macy’s all jumped […]

btabloidEditor3 min read
FedEx UPS jockey with Amazon
Retail

FedEx, UPS jockey with Amazon as tech giant expands into shipping

The years-long battle between Amazon and retail companies has spilled over into the shipping industry, with FedEx and UPS adjusting their strategies as the tech giant, once simply a customer, is now a major competitor. FedEx has announced two changes to its relationship to Amazon in recent months, including ending the ground delivery contract with the e-commerce pioneer. Meanwhile, UPS is exploring […]

btabloidEditor5 min read
Walgreens Adds 200 Stores To Growing Global Closure List
Retail

Walgreens Adds 200 Stores To Growing Global Closure List

Walgreens Boots Alliance will close another 200 Walgreens drugstores in the U.S. on top of the 200 Boots pharmacies the global retail pharmacy chain already said it would shutter in the United Kingdom, the company disclosed. The new closures, which will result in a hit to Walgreens earnings of at least $1.9 billion, is part of a global […]

btabloidEditor2 min read