Major chains are fighting two battles at once: a financial battle to keep costs low in the face of new tariffs, and a political one to avoid the president's wrath.
The home improvement chain broke from many other retailers, who say they cannot afford to absorb new tariffs. President Trump recently attacked Walmart for warning of price hikes.
Together, the two retailers will have to wade the choppy waters of new tariffs on imports, including footwear. And they'll face the growing competition from shoe brands selling directly to shoppers.
The so-called de minimis exemption allowed Chinese and Hong Kong retailers to ship millions of packages worth $800 or less directly to U.S. consumers. That loophole will close May 2.
Whether you're a shopper or a seller, a worker or a business owner, you likely have a lot on your mind when it comes to budgeting, planning trips or big purchases. And we want to hear all about it.
Once a formidable fast-fashion mall staple, Forever 21 has filed for bankruptcy. The retailer has been a shell of its former self since it first filed for bankruptcy in 2019.
The department store chain, founded in 1670, can't pay its debts and says the pandemic, inflation and now trade tensions have hurt its financial future.
NPR has tracked the prices of dozens of items at the same superstore in Georgia, including eggs, T-shirts, snacks and paper towels. Here's what got cheaper over the past year, and more expensive.
Mall of America's recipe for success includes an amusement park, pop-up stores, weddings and raves. Can local malls take a page from the country's largest shopping center?
The employee "intentionally made erroneous accounting accrual entries" to hide millions of dollars, Macy's said. The error forced the company to delay reporting its third quarter results.
The two high-end department stores hope together they would wield more power to counter luxury brands, which increasingly flex their muscles over retailers.
