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.
Politics Mar 12 How steel and aluminum are a fundamental part of American life Steel and aluminum are ubiquitous in Americans’ lives. A stainless steel refrigerator holds aluminum soda cans.
Politics Jan 24 Target says it is ending its DEI goals and programs, citing an ‘evolving external landscape’ Discount store chain Target said Friday that it would join rival Walmart and a number of other prominent American brands in scaling back diversity, equity and inclusion initiatives that have come under attack from conservative activists and, as of this…
Economy Dec 30 The retail trends, winners and losers of 2024 Value was in vogue in 2024. Shoppers and restaurant patrons in the U.S. were choosy about where and how to spend their money as they wrestled with high housing and food prices.