Shares of Retail Companies Are Trading Higher Possibly Amid Overall Market Strength. The Sector May Be Gaining as Investors Evaluate the Impact of Black Friday Sales.
Trump's tariffs raise concerns! The National Retail Federation: this could reduce the consumer purchasing power of Americans by $78 billion each year.
① The National Retail Federation reports that the tariffs proposed by Trump could cost usa consumers between 46 billion and 78 billion dollars each year. ② Tariffs will lead to price increases on outfits, toys, furniture, and other products, which will ultimately be passed on to consumers by retailers; ③ Wall Street investment banks have pointed out that the imposition of high tariffs could severely impact economic growth, and retailers may collectively raise prices.
Foot Locker To Gain From Strengthened Partnership With Nike: Analyst Forecasts Earnings Recovery Next Year
Economists See Stubborn Inflation, Gradual Fed Rate-Cut Tempo
Needham Starts Skechers Coverage at Hold, Foot Locker at Buy
Foot Locker Analyst Ratings