Business Started to Get Back to Normal in Q2 - at Least for the Biggest Retailers
Food and grocery leading the new trend of consumerism in the USA? The Kroger (KR.US) raises sales expectations, countering Walmart and "dollar stores".
After the kroger announced second-quarter results exceeding Wall Street expectations, it raised the lower end of the annual sales forecast.
Industry insiders: Trump's tariff plan will cause transportation costs to soar, just like in 2018.
Industry insiders in the shipping and retail industry have warned that Trump's plan to increase import tariffs after returning to the White House will cause a surge in freight prices and exacerbate inflation, just as he did when he was president before. Xeneta's data shows that after the Trump administration announced new tariffs in 2018, prices in the marine container transportation market soared by over 70%.
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