Abercrombie & Fitch reported a wider second-quarter loss amid flagship closing costs and cut its full-year sales forecast citing the “direct adverse impact” it expects tariffs to have on the cost of merchandise.
More than 200 American footwear companies have signed a letter to President Trump urging him to cancel the upcoming tariffs on shoes that are set to take effect on Sunday.
McDonald’s USA will launch an expansive training initiative for its U.S. employees and store managers to support a “professional, safe and respectful workplace.”