All articles tagged with #retailindustry
Walmart is scaling back its diversity, equity, and inclusion (D.E.I.) initiatives in response to pressure from conservative groups. This move reflects a broader trend among corporations facing similar pressures to adjust their D.E.I. strategies.
TJ Maxx's parent company, TJX, sees potential benefits from President-elect Donald Trump's proposed tariffs on US imports, as the resulting supply chain disruptions could create opportunities for the discount retailer to acquire designer goods at lower prices. Unlike many retailers, TJX imports a small portion of its merchandise and relies on buying excess stock from brands, allowing it to maintain competitive pricing even if tariffs lead to higher costs for other companies. This strategy contrasts with retailers like Walmart and Lowe's, which may need to raise prices due to increased import costs.