The retail landscape in the United States is undergoing a profound transformation, marked by the widespread closure of many iconic mall stores and chains. This shift is being driven by changing consumer behaviors, the growth of e-commerce, and economic pressures that have intensified since the late 2000s and accelerated during the COVID-19 pandemic. The closures of major retailers such ...
China’s Financial House Of Cards Is Collapsing In Real Time
Once seen as an unstoppable economic force, China's financial system is now unraveling at a staggering pace. What was perceived to be a symbol of wealth and strength has been struck by a series of economic catastrophes. The once booming real estate sector is collapsing under the burden of gigantic debt, and the export-driven machine that fueled its economy is now on the verge of deceleration. ...
Target Vows to Drop $2 Billion On Black-Owned Businesses in Effort to Win Consumers Back
In 2021, Target made headlines by vowing to spend over $2 billion with Black-owned businesses over the next five years. This high-risk bet was presented as a response to the national reckoning on racial injustice during the Black Lives Matter movement. However, by early 2025, that optimism turned into a scandal. Target quietly dismantled its diversity initiatives, resulting in nationwide ...
Why Amazon Is Keeping Prices Low Despite Tariffs
As 2025’s tariffs hammer online retailers, many expected Amazon to follow suit with steep price hikes. After all, a 145% duty on Chinese imports and the closure of the de minimis exemption have crushed margins industry-wide. Yet, Amazon’s prices have remained surprisingly stable. While competitors like Shein and Temu raised prices by over 100%, Amazon has stayed the course. CEO Andy Jassy ...
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 ...
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