NRF: Upping the tariff will only increase harm that will be doneThe White House’s announcement that it will consider imposing a tariff of 25% rather than 10% on $200 billion in goods from China drew an immediate response from one of the nation’s leading retail organizations. Done deal for Walmart BrazilGlobal private equity firm Advent International has acquired a majority stake in Walmart Brazil. Furniture company files for bankruptcy—again The parent company of furniture brands including Thomasville & Co. and Broyhill has filed for bankruptcy protection. Kroger reportedly considering extending Visa ban The Kroger Co. is at odds with Visa over swipe fees. Walmart has new credit card partner A new company will be managing Walmart’s store credit cards. Supervalu to be acquired for nearly $3 billion Supervalu is being acquired in a deal that will result in the former supermarket giant’s exit from grocery store retailing. Pier I Imports comments on new tariffs Pier I Imports does not expect its financial performance this year to be “materially” impacted by the proposed tariff on China — even though more than half of its sales come from Chinese-made merchandise. Toys ‘R’ Us settles with ‘some’ creditors Now that the dust has settled on its liquidation sales, Toys “R” Us has entered into a plan to pay off some its creditors, including vendors. Trade war could impact retailers’ holiday plans An escalating trade war with China could put a dent into the holiday shopping season. RILA: Global trade war has begun A leading retail association issued a stern warning about the impact of tariffs on American consumers and workers. First Previous 51 52 53 54 55 Next Last
