Amazon.com Inc. is giving shoppers another reason not to visit stores. The online giant is rolling out a free service to let its Prime members try on clothes at home, its latest attempt to crack into the fashion world.
United Parcel Service Inc. plans to charge retailers extra fees to deliver packages during the busiest weeks before Christmas, creating a new challenge for an industry already coping with a shift away from traditional stores.
National security has been used to justify some pretty silly protectionism in the United States. The Berry Amendment, to pick an egregious example, prohibits the Defense Department from importing any kind of clothing, including "outerwear, headwear, underwear, nightwear, footwear, hosiery, handwear, belts, badges, and insignia." The International Trade Administration, an arm of the Commerce Dept., implausibly insists that the Berry Amendment "has been critical to maintaining the safety and security of our armed forces."
Americans cut spending at gas stations, department stores and electronics shops in May as retail sales registered their biggest drop in 16 months, a cautionary sign for the economy.