Mario Cordero is the CEO of the Port of Long Beach and has issued a warning: U.S. tariffs on imported goods, especially from China, are going to create potential shortages in products. Tariffs are as high as 145% on some goods imported from China, which will lead to a drastic decline in shipments of different products, including popular fashion items. There are real-time declines in ...
Dollar Tree Announces Major Closures Of Over 370 Stores Nationwide
Dollar Tree and Family Dollar announced back in March 2024 that they would close a combined 1,000 locations. This is one of the most significant retail closures in recent history. This massive restructuring includes 370 Family Dollar stores and 600 Dollar Tree stores. The closures represent a significant percentage of Family Dollar's total locations and were the largest American retail closing ...
China Taps Out, Exempts 19 Key US Goods From Tariffs
Amidst tariffs, many goods are increasing significantly in price. But there are talks of some goods being exempted from these steep tariffs. This is a surprising move as China has been charging high tariffs as part of a trade fight with the U.S. These tax exemptions could ensure that important sectors in China get the things that they really need without having to cripple their finances as a ...
9 American Staples Facing the Harshest Impact from Tariffs
Recent tariffs on imported goods have spelled trouble for American consumers. These import taxes have broadly affected many products people buy - from day-to-day items to automotive vehicles. The tariffs imposed on imported goods have good intentions—to reduce dependence on other nations—but the short-term consequences mean that the American consumer will most often suffer. Companies will ...
Sam’s Club Unveils Radical ‘Register Free, Line Free’ Shopping System
Sam's Club has launched a new register-free, line-free shopping system for members. This will get rid of traditional checkout lanes and drastically change the way customers shop. They are phasing out physical checkout systems to pivot towards a fully digital experience. Customers will now be able to use the Scan & Go app to scan items they are interested in while they shop, which will ...
Big Lots Is Taking Over With Lowe’s And Home Depot On Life Support
For many years, when people think of the biggest names in home improvement stores, they think of Home Depot and Lowe's. These stores sell everything from tools to building materials to help people improve their homes or fix any problems. However, lately, these companies have been facing problems like supply delays and price hikes. While this has been happening, there's opportunity for other ...
T-Shirts and Jeans Are the End of a 100,000-Year Fashion Revolution
Over the last 100,000 years, fashion have evolved and become an integral part of human culture. Fashion over the centuries has become a part of cultural symbolism and social stratification, with the fashion revolution having an unexpected and radical endpoint - T-shirts and jeans. These casual and comfortable clothes represent a democratic, universal uniform that transcends class, gender, and ...
Why Is Everyone’s Wearing Swim Skirts Again?
Swim skirts are a reminder of a bygone era and were at the height of their popularity during the 1970s and 1980s. They coincided with the extreme sports explosion and jogging craze of the same era. Most would think they would stay in the past, but to our surprise, they're making a comeback that no one saw coming. They are making a nostalgic comeback, appealing to many people who love vintage ...