Trade deals ahead of holiday orders creates certainty for retailers, says BofA's Hutchinson
3 Articles
3 Articles
US–Vietnam Trade Deal Creates Stability for American Retailers: BofA Analyst
The trade deal between the United States and Vietnam has created a sense of cost certainty in the U.S. retail sector as businesses place their holiday orders with manufacturers, Bank of America (BofA) retail analyst Lorraine Hutchinson said during a July 8 interview with CNBC. On July 2, the two countries signed a trade agreement under which American goods would face zero tariffs in the Asian nation while goods shipped to the United States would…
Retailers brace for delayed Christmas décor - Home Furnishings News
Holiday décor orders have been placed and, fingers crossed, will arrive sometime before Christmas and not be prohibitively expensive. Retailers attending summer markets — last month in Dallas and this month in Atlanta and Las Vegas — said they plan to fill in the seasonal orders they placed in January, but compounding the issue are shipping delays, which means that holiday trim and décor, which usually starts arriving mid-summer, may not be deli…
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