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Most shoppers say they’ll switch brands over tariff-driven price hikes—yet 77% of retailers plan to raise prices anyway, a new First Insight survey finds.
Instead, retailers need to get a real feel for the market right now so when they do start to adjust, they can move with some surety. "We need a tariff war room," Lapinsky said.
Target’s first-quarter challenges: Tariffs, too much stuff, too few shoppers. In a lot of ways, Target is facing the same challenges as other big-box retailers at the moment: higher costs from ...
In the U.S., the top five retailers account for 38% of retail sales ex-fuel and auto (up from 37% the prior year) and the top ten retailers account for 52% (up from 51% the prior year).
Trump's sharp rebuke of Amazon could have broader implications for US retailers, complicating how they handle tariff-related price increases. Business Insider Subscribe Newsletters ...
Raising prices on consumers to cover the costs of President Donald Trump's tariffs will be Target's "very last resort," CEO Brian Cornell said Wednesday. Target reported weaker-than-expected sales ...
Target on Wednesday cut its full-year sales outlook, as executives said weaker discretionary spending, consumer uncertainty about tariffs, and backlash to the company's rollback of key diversity ...
As I said earlier, the president said he expects iPhones sold in the U.S. to be made in the U.S. or face a 25% tariff. Apple's phones are sourced from many countries and primarily put together in ...
Target cuts sales outlook as retailer blames tariff uncertainty and backlash to DEI rollback By Melissa Repko, CNBC • Published May 20, 2025 • Updated on May 21, 2025 at 3:10 pm BOOKMARKER ...