Amazon has seen tariffs "creep into prices" for sellers, who have been left to decide between passing increased costs onto customers, or absorbing the costs to drive demand.
The high-end department store conglomerate said it had filed for chapter 11 bankruptcy only a year after the merger of chains Saks Fifth Avenue, Bergdorf Goodman and Neiman Marcus.
Retailers could get whiplash trying to keep up with youthful consumer spending habits, but they better get good at it as the upcoming generations emerge as mature consumers.
Now, every package entering the U.S. comes with a need to submit an exact description of every component, including a 10-digit HTS code. Shippers and carriers are struggling to adjust.
CBP seizures of unsafe and non-compliant low-value goods have also increased by 82%, which have included counterfeit products, narcotics and faulty electronics.
Mexico’s freshly approved range of tariffs on non-U.S. trading partners could be interpreted as a signal to the U.S. that it is sympathetic to Trump’s stance on trade.
The language crackdown is part of a broader Trump administration campaign that’s upending the trucking industry, a critical pillar of the U.S. economy.
The latest supply-chain news, analysis, trends and tools for executives in the e-commerce/omnichannel industry — which consists of companies engaged in internet retailing, including those with auxiliary brick-and-mortar stores. Learn how e-commerce/omnichannel companies and their suppliers around the world are managing the flow of products across all channels of the enterprise. Experts sound off on forecasting and demand planning, supply-chain visibility, logistics outsourcing, inventory optimization, transportation management, warehouse management, supply-chain security, corporate social responsibility and more.
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