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Scot Meyer

Retailers hedge bets as trade tensions ease

NEW YORK — Just in time for the holidays, retailers received some good news about trade. First, right after retailers posted strong Thanksgiving weekend sales, came the news that President Trump, Canadian Prime Minister Justin Trudeau and Mexican President Enrique Pena Nieto had signed a new trade pact — the United States-Mexico-Canada Agreement — to

Retailers need to see what consumers want

Retailers need to see what consumers want

The past month has seen retailers from Amazon.com to Target Corp. to Kroger Co. launch new online grocery shopping ­initiatives.Which raises the question: Do consumers really want to shop for their food in this way? A recent Gallup poll suggests that they do not. Gallup’s latest Consumption Habits poll found that 81% of U.S. adults

Trade war top threat to retail employment

The retail industry is a major employer of Americans, with the National Retail Federation (NRF) estimating that the retail trade (including food services and drinking places) accounts for 28,984,100 jobs in the United States. That compares to 19,855,000 jobs in health care and social assistance, and 12,596,500 jobs in manufacturing. It is possible to imagine