The impact of tariffs on consumer purchase decisions will vary from product to product based on whether shoppers view an item as a necessity or a luxury, according to the results of a recent study by The NPD Group.
White House plans to increase tariffs from 10% to 25% on $200 billion of products made in China have been delayed, President Donald Trump said, citing “substantial progress” in talks between the United States and China.
China is the world’s largest country in terms of population, and this year could become the planet’s top retail market, displacing the United States.
Ikea’s strategy for its new, urban Planning Studio is based less on its past practices and more on an omnichannel approach the retailer is embracing.
The Trump Administration has delayed the scheduled 25% tariff on $200 billion worth of goods manufactured in China that was set to begin January 1.
The reconstitution of the Lowe’s Cos. continues under recently appointed chairman and CEO Marvin Ellison as the company announced it would close 51 underperforming operations in the United States and Canada.
Nespresso said it would be bringing back Cuban coffee to the United States for the first time in 50 years,…
Nespresso is expanding its United States and Canadian distribution model through a partnership with appliance manufacturer Breville. According to Nespresso,…
Wayfair is launching its mobile app in Canada, the United Kingdom and Germany. The initiative provides Wayfair customers across the…
In a new approach to consumers, QVC has launched an Apple TV application that provides shoppers more ways to discover…
As it continues expanding and consolidating its international operations, Hudson’s Bay Co. has formed initiatives to enhance multi-channel retail operations,…
Market research firm GfK asked mobile phone users in 23 countries about how they use their mobile phones while shopping…
Keurig Green Mountain and the Dr Pepper Snapple Group have announced that they will develop a selection of Dr Pepper…
Costco hit on all cylinders in the first quarter, as it revealed last week in releasing financial results, but a…
If consumers seemed less enthusiastic in their holiday purchasing for Thanksgiving weekend, the sluggish sales results may reflect retailer initiatives…
Ikea reported a rise in full-year sales as consumer spending and global demand for its flat-pack furniture continue to pick…
QVC has announced today that Claire Watts has resigned from her role as CEO of QVC’s U.S. operations, effective Friday,…
Walgreens has announced that it exercised its option to complete the second step in its strategic transaction with Alliance Boots…
Joseph Joseph announced today that it has appointed housewares industry veteran Don Turano to the newly created position of North…
For April, Costco Wholesale Corp. posted net sales of $8.56 billion, an increase of 7% from the month last year.…