Ahead of new tariffs on Chinese goods set to hit everything from tracksuits to ski gloves, second quarter earnings reports from big retailers have been a mixed bag. Affordable, big box and discount brands like Target fared relatively well, while sales from higher-end companies such as Victoria’s Secret and Nordstrom disappointed yet again. Razor-thin profit margins call for creative tactics from the retail industry, and some are experimenting with partnerships and e-commerce fusions. Kohl’s, for […]
source https://therealdeal.com/2019/08/23/long-suffering-retailers-took-another-serious-beating-in-q2/
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