Costco is typically known for deals like its $1.50 hot dog combo, and lately, gold bars that keep selling out. But at this moment, the warehouse retailer is in the spotlight due to a high-stakes legal battle over sweeping tariffs imposed by President Donald Trump. What’s happening? Costco recently filed a lawsuit to preserve its […]
New Costco Tariff Lawsuit: What Shoppers Need to Know Now Read More »
Key Takeaways Ross Stores shares surged to an all-time high Friday after the off-price retailer posted better-than-expected earnings as bargain-hunting shoppers flocked to its stores. The retailer also boosted its outlook, pointing to momentum going into the holiday shopping season. Ross Stores (ROST) shares jumped to an all-time high Friday after the off-price retailer became
This Off-Price Retailer Is the Latest to Get a Boost From Bargain-Hunting Shoppers Read More »
(Image credit: Getty Images) To help you understand what is going on in the economy, our highly experienced Kiplinger Letter team will keep you abreast of the latest developments and forecasts (Get a free issue of The Kiplinger Letter or subscribe). You’ll get all the latest news first by subscribing, but we publish many (but
Shoppers Hit the Brakes on EVs After Tax Credits Expire Read More »
Key Takeaways A number of companies say American shoppers are “trading down,” looking for cheaper ways to spend while continuing to buy stuff they need and want. Lower- and middle-income shoppers appear to be trying the tactic, though some retailers see it among their higher-income shoppers too. McKinsey in a June report said many customers
American Shoppers Are Trading Down—But Some Are Saving to Fund Other Splurges Read More »
Explainer-How the end of de minimis exemption will impact U.S. shoppers and businesses
Explainer-How the end of de minimis exemption will impact U.S. shoppers and businesses Read More »