
Warehouses throughout the United States are at record capacity with Chinese imports of all kinds as they race to stockpile inventory to avoid higher tariffs that may kick in next year.
76 published items with the word (s) or phrase Ross Stores in News, Trends, Videos, Photo galleries, Agenda and sorted by "date descending".
Warehouses throughout the United States are at record capacity with Chinese imports of all kinds as they race to stockpile inventory to avoid higher tariffs that may kick in next year.
A slowdown in global consumer confidence threatens to overshadow the holiday shopping season in the United States, which despite a strong start is not immune to developments in Europe.
TJX Cos Inc’s holiday-quarter earnings forecast fell largely below analysts’ estimates on Tuesday, as the off-price clothing retailer faces rising freight and labor costs.
While China has raised import duties on several categories of U.S. goods, it lowered tariffs on apparel, cosmetics, household goods and jewelry, which could see these industries thrive, according to Cowen and Company.
Though the escalating tensions between the United States and several of its trading partners could hurt companies across a broad range of sectors, several industries are poised to withstand them or even thrive.
North American consumer demand for value fashion is as strong as ever and their favourite value fashion retailers are TJ Maxx and Target, says a December 2017 study covering 10,000 consumers.
Recent investor activity might be a telltale sign that Amazon will not be able to flatten every retail sector, including discount clothing retailers such as Ross Stores and TJX Companies.
Macy's Inc and Kohl's Corp on Thursday continued to report a drop in quarterly same-store sales, stoking concerns that their turnaround may still be a long way off.
U.S. prosecutors on Wednesday unveiled criminal insider trading charges against a San Francisco-area man they said conducted illegal trades in Ross Stores in a scheme that generated more than $8.2m profit.
The company reported fiscal year sales of $12.9 billion and full year earnings of $1.1 billion. The positive performance resulted in a new two-year $1.75 billion stock repurchase program.