Economy Oct 13 Uncertainty over the economy and tariffs forces many retailers to be cautious on holiday hiring A job placement firm forecasts that hiring for the last three months of the year will likely fall to its lowest level since the 2009 recession, or fewer than 500,000 positions.
Nation Oct 01 Walmart says it will remove artificial colors and other additives from store brands by 2027 Walmart says it plans to remove synthetic dyes and 30 other food additives from its store brands sold in the United States by January 2027.
Economy Sep 16 Shoppers increased retail spending by 0.6% in August, even as tariffs led to price hikes and hurt jobs Shoppers increased their spending at a better-than-expected pace in August from July, helped by back-to-school shopping, even as President Donald Trump’s tariffs are starting to hurt the job market and lead to price increases.
Economy Aug 20 Target CEO Brian Cornell to step down as company struggles with poor sales numbers Target named an insider as its next chief executive officer Wednesday, a decision that comes as the discount retailer tries to reverse a persistent sales malaise and to revive its reputation as the place to go for affordable but stylish products.
Economy Aug 01 What consumers can expect from import taxes as the U.S. sets new tariff rates Tariffs are a tax, and U.S. consumers are likely to foot at least part of that bill.
Nation Jul 08 Amazon extends Prime Day discounts as retailers weigh tariffs and price increases Amazon executives declined to comment on the potential impact of President Donald Trump's tariffs on Prime Day deals.
Nation May 19 Economists say Trump’s tariffs are unpredictable and still working their way through the system Trump’s tariffs are still huge, unpredictable and working their way through the system.
Nation May 15 Retail sales slow a month after Americans ramped up shopping to get ahead of tariffs U.S. consumers spent slightly more at retail stores last month after ramping up their shopping in March to get ahead of tariffs.
Economy Apr 16 Ahead of Trump’s tariffs, retail sales rise 1.4% in March as shoppers stock up on big ticket items U.S. shoppers increased their shopping last month, fueled by a spending spree on foreign-made new items from gadgets to cars before President Donald Trump’s expansive new tariffs started kicking in.
Economy Mar 17 U.S. shoppers mildly increased spending in February as anxiety over the economy rises US shoppers stepped up their spending a just bit in February after a sharp pullback the previous month, signaling that Americans are shopping more cautiously as concerns about the direction of the economy mount.