Retail News - LeadStory

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How tariffs are affecting firework sales

Most fireworks come from China, but this year, some shipments were complicated by President Trump's tariffs.

CBS America

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Hodge: Retailers overstocking to brace for potential tariffs

Chris Hodge, Chief U.S. Economist at Natixis CIB Americas, says the Fed should be cutting rates but is cautious due to tariff risks. He warns inflation may rise as restocking at higher costs begins.

CNBC

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May retail sales drop more than expected

U.S. retail sales dropped 0.9% in May, more than the 0.6% many economists forecast. The steep decline follows a 0.1% decrease in April amid the uncertainty about the economy.

CBS America

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Pride marketing toned down this year amid Trump's DEI crackdown

Companies are pulling back Pride Month marketing this year amid President Trump's executive orders targeting diversity, equity and inclusion initiatives. Ad Age senior reporter Adrianne Pasquarelli joins "CBS Morning News" with more.

CBS America

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Companies fear backlash from Pride this year, data shows

This Pride Month, many retail chains and brands are going quiet. Companies are treading lightly, avoiding prominent campaigns and visible public support. Luke Hartig, President of Gravity Research and former senior director at the Nation...

CNN

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Big Lots CEO on how Trump's tariffs are impacting the retailer

Lisa Seigies, president and CEO of Variety Wholesalers, which purchased Big Lots after it filed for bankruptcy last year, speaks to "CBS Mornings" about reopening stores and the impact of President Trump's tariffs.

CBS America

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A step toward cheaper medicine

The healthcare technology company Kalderos is working to simplify the complexities of the US drug system by working with manufacturers, healthcare providers and government agencies to ensure accurate pricing.

Bloomberg

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Walmart CEO warns prices will rise due to Trump tariffs

The world's largest retailer says new import tariffs will force price hikes, raising concerns about inflation and how it could affect American shoppers. Jo Ling Kent reports.

CBS News

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Walmart says tariffs will raise prices on some products

The Producer Price Index fell 0.5% in April, the largest decline since the COVID-19 pandemic began. Meanwhile, Walmart warned of price hikes due to President Trump's tariff plan despite recent trade deals.

CBS News

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Consumer spending up in April

CNBC's Steve Liesman joins 'Squawk Box' with the latest results of the CNBC/NRF Retail Monitor showing consumer spending was up in April.

CNBC

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CNBC survey: 15% of businesses will pass tariff costs on to customers

CNBC’s Frank Holland joins 'Power Lunch' to break down the results from the latest CNBC CFO Council Survey.

CNBC

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More Americans using loans to pay for groceries, survey shows

More Americans are using "buy now, pay later" loans to purchase groceries, according to a new survey by LendingTree. This comes as consumer confidence data indicates another monthly drop. Axios' Nathan Bomey joins CBS News with more.

CBS News

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Which formats do online buyers prefer the most for their books?

Ireland, the Netherlands and Luxembourg have the highest shares of residents buying printed books, magazines or newspapers online.

Euronews

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U.S. import slowdown: 'It's about to get much, much worse'

Craig Fuller, FreightWaves, joins 'Fast Money' to talk the downturn in shipping and freight into the U.S.

CNBC

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He bought gold at Costco and he’s not cashing in yet

With gold prices touching record highs recently, some buyers of Costco gold bars are sharing their love of bullion on social media. But one gold bug tells us he’s planning to be a lifelong investor in the precious metal.

CNN

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Higher costs weigh on consumers

Bryan Spillane, BofA Securities senior consumer analyst, joins 'The Exchange' to discuss the food stocks and how higher costs are weighing on consumers.

CNBC

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Trump meets executives from Walmart, Target and Home Depot

President Donald Trump on Monday met with chief executives from three of the nation’s top retailers, who came to the White House to discuss how his sweeping tariff plans could impact their import-heavy business models.

CNBC

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Buyers wary as Mega Millions ticket jumps more than 100%

Despite lottery officials saying players have a better chance of winning, some people say they're turning away after the price of a Mega Millions ticket increased by more than 100%.

As Moscow and Washington discuss ending the war in Ukraine, one question on investors' minds is whether the corporate exodus from Russia in opposition to the February 2022 invasion of its neighbor may be reversed.

Reuters

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Shoppers buy 'bare minimum' at grocery stores as tariffs loom

With grocery prices already more than 25% higher than five years ago, tariffs could spur increased costs for families already on a tight budget. Nancy Chen has more.

CBS News

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AI chat bots help people find deals during holiday shopping season

Justin Post, Bank of America internet analyst, joins CNBC's 'The Exchange' to discuss the rise in shopping chat bots, how the features are helping drive traffic to retailers, and more.

CNBC