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Home Depot Announces New Management Appointments
Home Depot: Vinod Nalajala Has Been Promoted to Pres, the Home Depot Canada >HD
Express News | The Home Depot Names Michael Rowe Evp of Pro; Stephanie Smith to Become Evp of Human Resources
THE HOME DEPOT NAMES MICHAEL ROWE EVP OF PRO; STEPHANIE SMITH TO BECOME EVP OF HUMAN RESOURCES
Two major retailers in the USA warn consumers that tariffs will lead to price increases on products.
Target and Best Buy have warned consumers that prices are expected to rise, as USA President Donald Trump imposed tariffs on Mexico and Canada overnight. Just hours after the tariffs came into effect, Target CEO Brian Cornell stated in an interview on Tuesday that shoppers might see price increases at the company's stores in "the coming days." As one of the first large retailers in the USA to comment on the impact of tariffs, Cornell mentioned that the company has conducted extensive scenario analysis planning for commodities such as fruits and vegetables, a significant portion of which is supplied from Mexico during the winter.
Live Stock News: -2.8% GDP, Trade War Sends Market Lower, Tesla Sales Punished