FINANCE

As the deadline for TikTok to divest its U.S. operations looms, a major suitor has reportedly emerged.

Chain Store Age has extended the deadline for its Retail’s Top Women Awards to April 16.

President Trump followed through on a promise to issue reciprocal tariffs on countries that put levies on products from the United States.

Voters are worried the 2025 tariffs will raise prices on everything from groceries (76%) to medicine (71%) to household supplies (67%) and clothing (66%).

Consumer spending is not unraveling but it is slowing as worries over sticky inflation and the impact of tariffs weigh on consumers and businesses.

Lululemon Athletica Inc. reported better-than-expected fourth-quarter earnings and revenue but provided a disappointing outlook as economic concerns weigh on customers.

Dollar Tree Inc. has entered into a deal to sell its struggling Family Dollar business, but for a fraction of what it paid for the chain some 10 year ago.

In the wake of the two grocery companies’ failed $24.6 billion merger, The Kroger Co. has filed a legal response to Albertsons Cos’s earlier lawsuit against it.