Target follows Costco and Walmart's lead on tariffs

Target follows Costco and Walmart's lead on tariffs

Target is reportedly pushing its Chinese suppliers to absorb some of the costs of U.S tariffs, following in the footsteps of retail giants like Costco and Walmart. Read more...

In recent months, a large number of people who usually made their purchases at Target now do so in Costco, according to a report from the Numerator analysis firm of March 5, 2025. What led customers to change chains? In the following lines, the answer.It should be mentioned that according to the study, Costco recorded an increase of 7.7 million visitors, while Target reported a drop of almost 5 million customers, during the weeks ending February…

U.S. retailers haggle with suppliers after President Trump tariffs

NEW YORK. March 31, 2025 (Reuters) — U.S. retailers Walmart and Target are bickering behind the scenes with their suppliers over proposed price hikes on everything from cake pans, tote bags and toys to other merchandise. The outcome of their talks will determine when and by how much merchandise prices rise – and even which products retailers will keep on store shelves. Major retailers say they can’t just raise retail prices without losing market…