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 ...
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 ...
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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