The nation’s retail associations wasted no time in responding to the White House announcement on Tuesday that it intends to move forward on implementing $50 billion tariffs on goods imported from China.
Although Gap's headline first-quarter sales growth looks very strong, the reality is that it is inflated by both currency gains and a change in the way revenue is accounted for.
Best Buy ran strong out of the gate in its first quarter, particularly in its brick-and-mortar channel, as the company’s turnaround continues to impress.