The duties, which the president announced last week, took effect for about 90 countries just after midnight.
Category: Shopping and Retail
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Claire’s, Teen Jewelry Chain, Files for Bankruptcy a 2nd Time
Once ubiquitous for ear piercing at the mall, Claire’s faced financial volatility along with other bricks-and-mortar retailers. It last filed for bankruptcy in 2018.
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McDonald’s Sales Return to Growth, Pushed by Promotions
Return of the McCrispy chicken strips and a Minecraft movie tie-in brought diners back to the fast-food giant, which had seen sales stall in recent quarters.
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Aldi’s Passionate, Cultlike Following Fuels Its Rapid Expansion Plans
“It feels like I’m at a bougie store, but I’m not paying bougie prices,” one shopper said of the discount grocer, which is set to open hundreds of stores as consumers look to save and buy organic.
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It’s Time for That Often-Dreaded Task: Buying Back-to-School Supplies
Parents of children in kindergarten through high school are spending an average of $144, and that’s coming as families are feeling financial stress.
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Amazon Reports $18.2 Billion in Profit Amid Strong Retail Demand
Consumers spent more than expected on the e-commerce giant’s site, while margins tightened at the company’s all-important cloud computing division.
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How a Chinese Brand Reshaped Hong Kong’s Food Delivery Scene
Meituan, the Chinese food delivery giant, tested its global expansion in Hong Kong, where its Keeta service displaced a rival before moving to other markets.
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Starbucks Earnings Show Same-Store Sales Slid Amid Turnaround Effort
The C.E.O., Brian Niccol, said the coffee chain’s turnaround is in progress, and sales in China increased for first time in more than a year.
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Shoppers Embrace ‘Christmas in July’ Amid Rising Costs and Tariff Limbo
People are starting their holiday shopping earlier this year, using summer sales from retailers like Amazon and Walmart to save time and money.
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Christian Louboutin’s Red Soles Have Returned With a Vengeance
Despite the crippling effects of sky-high stilettos, a new generation of fans can’t stay out of Christian Louboutin heels.
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Apple Is Shutting a Store in China, Its First Closure in the Country
The move speaks to slowing spending by consumers and Apple’s continuing struggles in China, its second-largest market.
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Target Ends Price-Matching Policy After More Than a Decade
Shoppers will no longer be able to buy an item for a lower price if they can prove that they found an identical product listed for less by Amazon or Walmart.