North America – Page 2
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Opinion‘Job security jitters may rise — and constrain consumer spend’
Consumer sentiment has been helped by a strong labour market, but nervousness on the jobs front means weak demand for discretionary goods may build, cautions Shore Capital director Clive Black
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NewsShein and Temu flag higher US prices as tariffs hit
Online retail powerhouses Shein and Temu have told customers in the US to expect higher prices from next week following the imposition of tariffs on China.
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AnalysisIs there opportunity for UK retailers in Trump’s tariffs uncertainty?
While the news been dominated by economic doom and gloom due to US president Donald Trump’s erratic tariffs regime, could there be some opportunity in the uncertainty for UK retail?
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Opinion‘Traders from outside the UK may take advantage of our rules to sell displaced US stock’
As tariffs dominate the headlines, action is needed to stop stock ‘dumping’ in the UK says BRC chief executive Helen Dickinson
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Opinion‘Tariffs could be a death knell for countless supply chain jobs and businesses’
The impact of president Trump’s tariffs will be felt by workers in garment production, on farms, in general merchandise factories and beyond. Sensible retailers should help their supply chain partners navigate the challenges, says Ethical Trading Initiative executive director Giles Bolton
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NewsTesco’s Ken Murphy unveils plans for a potential price war and Trump tariffs turmoil
Despite reporting incredibly strong trading figures for the last financial year, Tesco slashed its profit forecast for the coming year. Is the supermarket giant being overly cautious though?
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OpinionNavigating tariffs: a survival guide for UK retailers
A week on from President Trump’s “liberation day”, Ben Cooke, partner at international law firm Addleshaw Goddard, breaks down the impact of new US tariffs on UK and EU goods, exports, supply chains and US customer demand, and sets out actions for retailers to take
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NewsTrump pauses higher tariffs for most countries as China’s fees multiply
US President Donald Trump has announced a 90-day pause for countries facing the highest tariffs – but China has seen its tariffs soar.
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Opinion'Are you ready for tariff-driven tat? Prepare for a tidal wave of cheap imports'
Retailers need to be ready in case President Trump’s tariffs prompt a flood of shoddy marketplace goods into the UK, cautions features editor Ellis Hawthorne
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NewsLush losses widen and it expects to pass on tariff costs to US customers
Lush has reported widening losses and said it anticipates passing the tax from tariffs on to American shoppers.
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NewsTrump frames tariffs as economic ‘medicine’ as markets tumble
“I don’t want anything to go down. But sometimes you have to take medicine to fix something,” Trump said.
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NewsIssa brothers' EG Group posts ‘strong trading’ and profit growth
EG Group has reported “strong trading” in which it saw profits rise driven by growth in the US and Europe.
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NewsAmazon is adding Adidas to its Buy with Prime service
Amazon has expanded its Buy with Prime service, a direct-to-consumer facility offering to include Adidas this year.
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NewsGymshark is opening its debut US flagship store
Sportswear giant Gymshark has revealed plans to open its debut flagship store in the US.
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NewsRetailers are considering setting up US subsidiaries to counter Trump tariffs
British retailers are exploring ways to fight President Trump’s tariffs, including ceasing exports or looking at setting up US subsidiaries.
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NewsWHSmith’s travel business takes flight as high streets continue to drag
WHSmith has praised the “strong momentum” across its increasingly core travel business, not least in the US, while its high street stores performed “in line” with expectations.
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AnalysisThe return of President Trump means inflationary headwinds for UK retail
While Trump didn’t follow through with his promises to launch an international trade war on day one, experts are warning his return to the presidency will mean higher prices for UK consumers.
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AnalysisTikTok’s future remains in limbo – if a deal to save it falls through, how could UK retail be impacted?
While TikTok and its Chinese-based owner ByteDance has been given a stay of execution by incoming American president Donald Trump, the hugely successful social media app is still facing an uncertain future. How could a potential ban affect UK retailers and social commerce brands who have made TikTok their home?
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NewsAsos to ‘mothball’ US distribution centre to increase profitability
Asos has announced plans to close its main US distribution centre in the second half of the year and fulfil orders from the UK, which it says will increase profitability and improve speed to market for its products.
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AnalysisAmerican dreams: Why UK retailers are once again expanding across the Atlantic
In the past, the US has been a bit of a graveyard for British retailers; a land of almost limitless opportunities that few ever truly realise. However, with a number of brands heading stateside this year, is the American dream back on for UK retail?