Fast-fashion giants like Shein and Temu have been doing booming business in the United States in recent years, in part because of a tariff exemption that’s helped to keep prices low on packages shipped from China. Now, President Trump has ordered the loophole closed as part of new tariffs, starting with packages from China and…
Vivian Hoffman has worked in retail for a half-century, including 25 years as a buyer for Century 21 and the last eight running Whim, a chain selling affordable women’s clothing in the suburbs of New York City. She has adapted to recessions, the turmoil after the attacks on Sept. 11, 2001, and the Covid-19 pandemic….
Claudia Sheinbaum, the president of Mexico, stood underneath a giant Mexican flag and before troops at a military installation in Mexico City. It was Flag Day last month and she used her speech as an opportunity to, figuratively and literally, rally around it. “Mexico must be respected,” she said, adding later: “Its people are brave….
The calls, texts and emails start coming in before 6 in the morning: restaurants, bakeries and others desperate to find eggs. Brian Moscogiuri is an egg broker. A vice president for the wholesale company Eggs Unlimited, he works the phone in his home office in Toms River, N.J., until late into the evening, trying to…
Walmart, the largest retailer in the United States, said on Thursday that strong holiday sales propelled its revenue to another annual record but flagged slower growth ahead, as shoppers face stubborn inflation, the uncertain impact of tariffs and a potential rise in unemployment. Walmart, which brings in millions of customers each week, is a bellwether…