General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsTrump's tariffs could send shoppers into the arms of discount stores
TJ Maxx and Marshalls are preparing to benefit from tariffs.
In a call with investors on Tuesday, the CEO of TJX Companies -- the retail giant behind TJ Maxx, Marshall, and HomeGoods -- said that while the company is closely monitoring the negative impact of tariffs, they could also create some opportunity for the company.
Historically, off-price brands have benefited from "disruptions in the market," TJX CEO Ernie Herrman said.
In this case, Herrman said that if tariffs are imposed on another $300 billion worth of Chinese goods and retailers are forced to raise prices to cover the costs, shoppers could flock to off-price stores for value.
https://www.msn.com/en-us/money/companies/trumps-tariffs-could-send-shoppers-into-the-arms-of-discount-stores/ar-AABGXWd?li=BBnbfcN
C_U_L8R
(44,988 posts)Shop local instead. Local makers.
ProudMNDemocrat
(16,728 posts)Have stuff made in China.
I shop local and there is very little made in the USA. Even fabrics I buy and need for client projects are milled in China.
marble falls
(57,013 posts)The clerk told it would begin to fit with wear.
House of Roberts
(5,162 posts)Grace Brothers?