by Sun Yulin | Nov 19, 2024 | Breaking News, Domestic, Economics, Politics, Products, Retail
As President-elect Donald Trump prepares to take office in January, his vow to impose heavy tariffs on imports has raised significant concerns among corporate leaders and economists alike. With Trump making tariffs a central pillar of his economic agenda, many...
by Natalie Matejkova | Oct 22, 2024 | Breaking News, Market News, Products, Retail
Abercrombie & Fitch Co. (NYSE: ANF) saw its stock decline by a couple of percentage points on Tuesday morning following the alarming news of former CEO Mike Jeffries’ arrest in Florida on charges related to sex trafficking. This incident not only raised serious...
by Bryant Lum | Aug 21, 2024 | Economics, Investing News, Market News, Market News, Retail, Stock Market, The Market Buzz
In a challenging turn for retail giant Macy’s, the company has reported another quarter of declining sales, revealing a troubling trend that continues to grip its financial performance. For the latest quarter, Macy’s reported sales of $4.9 billion, falling short of...