It almost seems like the Republican party is goading him into going for the most regressive tax I can imagine, a border tax. It would crush the ability of a company like Walmart (WMT) or Dollar Tree (DLTR) or Gap (GPS) or J.C. Penney (JCP)...
Tom Cotton revealed himself Wednesday as an obstacle in the Senate to the House Republican plan to border-adjust corporate taxes....
The acquisition closed on February 13, 2017. Walmart, in an attempt to better compete with online giant Amazon.com, commented that buying Moosejaw gives it “the experience of another well-established e-commerce player, this time in the active outdoor category,” said a company representative....
“Nike’s employees and athletes believe that sport has the unique power to unite people and inspire change – and they believe Nike’s role is to be in the game, to never sit on the sideline,” the company wrote in its statement....
Sales of Ivanka Trump’s merchandise at Nordstrom plummeted by nearly a third in the last fiscal year, including sliding more than 70 percent in the last three weeks of October 2016 just before the election....
Powered by the brand’s training shoe, the Nano 7, Reebok gathered special guests and athletes around the world to break 44 of the top fitness-based Guinness World Record titles in 24 hours. The Nano 7 has now helped break more world records than any other...
Asics Corp. reported operating earnings in the year were down modestly primarily due to foreign exchange losses. A double-digit drop in the U.S. and the strong yen led to a decline in revenues....
“This is very much in line with what we are forecasting for retail sales and consumer spending this year,” NRF Vice President for Supply Chain and Customs Policy Jonathan Gold said. “Retailers try to balance inventories very carefully with demand. So, when retailers import more...
“The economy is on firm ground as we head into 2017 and is expected to build on the momentum we saw late last year,” NRF President and CEO Matthew Shay said. "With jobs and income growing and debt relatively low, the fundamentals are in place...
Payless Inc. is discussing a restructuring of its $600 million debt load with lenders while seeking to close about 1,000 stores, according to a report from Bloomberg. If unable to reach a deal, the shoe chain may pursue a bankruptcy reorganization....