The new tariffs are bad news for the retail sector, especially as the latest round seems to extend the tax to a vast array of consumer goods.
After a softer than normal start to the fiscal year, Ross is firmly back on track with a strong set of second-quarter sales numbers.
At headline level, Gap’s second-quarter results look strong.
Today’s results from Target serve as confirmation that the American retail sector is enjoying a renaissance.
Although the economy is doing well and consumers have more money in their pockets, most Americans remain value conscious and still enjoy seeking out a bargain.
With healthy uplifts on both the top and bottom lines, Kohl’s continues its run of good performance.