For years, “retail apocalypse” headlines have cried wolf. Many blamed Amazon, others warned of overbuilt malls, but most claims fizzled. What’s happening now is different. Target just slashed its 2025 outlook after a brutal quarter, projecting a “low-single digit decline” in annual sales. Walmart’s CEO Doug McMillon has gone straight to President Trump with warnings that store shelves may soon run ...
New ‘Buy Now, Pay Later’ Service Launched by Costco
As global trade tensions ease following China’s rollback of its 125% tariffs, Costco is making a timely financial play. The retail giant has launched a “Buy Now, Pay Later” program with Affirm, allowing online shoppers to finance purchases from $500 to $17,500 over three to 36 months. The move arrives as the White House warns of growing economic pressure on Beijing, signals that could ...
Amazon Relocates Global Headquarters To Outflank White House
When Amazon announced the relocation, many viewed it as a bold and transformative shift in its global headquarters outside the United States; it was considered a tectonic shift in its business strategy, not simply a relocation. Amazon is reacting to a hostile business situation that threatens its global supply chain and profit margins, fueled by the Trump administration's malign use of ...
Macy’s Raises Prices as Tariffs Take a Toll on Sales and Profits
Macy's, the 166-year-old American retail icon, is now at a moment of truth: 20% of its inventory is from China, making it vulnerable to 30% tariffs that would destroy $78M+ of yearly profit. Others, like Target and Walmart, offset costs in volume; Macy's reduced imports force desperate choices raise prices or cut product lines. CEO Tony Spring's decision to hike some prices 5-15% and close ...
19 Small Businesses That Are Rising As Big Chains Fall
Big chains, such as Walmart or Target, used to be the public's source of everyday needs. These stores offered competitive prices and a wide selection, enticing consumers nationwide to visit these one-stop shops. However, these days, we have seen more appreciation for businesses that are not run by large corporations. It is easier to voice concerns about products to these shops, and because their ...
U.S. and China Pause Tariffs for 90 Days: What This Means for Consumers and Businesses
On May 12, 2025, the US and China both decided to cease fire in the ongoing trade war that has devastated the global economy for a 90-day period. Both countries called a truce in a high-stakes meeting between President Trump and President Xi Jinping at the G20 summit. The 90-day pause, although temporary, was a much-needed reprieve for both countries and the global economy. However, ...
Trump’s Entire Economic Strategy Is in Chaos as Tariffs Collapse
A major pillar of President Trump’s economic agenda has been thrown into disarray by a recent federal court decision. The ruling, issued by the U.S. Court of International Trade, blocked Trump’s authority to broadly impose sweeping tariffs under emergency economic powers. While the administration has long touted tariffs as a key tool to reshape global trade and boost U.S. industry, the court’s ...
U.S. Companies Ordered by Trump to Stop Sales to China
The Trump administration has requested certain U.S. companies to halt sales of critical technologies to China, intensifying the ongoing trade tensions between the two economic powers. This move targets key sectors such as semiconductor design software, jet engine technology, and specific chemicals, aiming to curb China's ability to advance in these strategic industries. The directive comes ...
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