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How companies accelerated US shipments ahead of tariff hikes

Inside Retail

.” Executives have described to Reuters and on conference calls the challenges of an environment made more uncertain by Trump’s shifting plans for tariffs that could upend world trade and prompt some companies to move production to the United States. Numerous sectors could be affected. Collecting dust?

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China’s ‘Victoria’s Secret Town’ at risk as US tariff loophole faces closure

Inside Retail

Under the “de minimis” rule, which seeks to reduce customs paperwork, the United States exempts foreign packages valued at US$800 or under from tariffs as long as they’re shipped to individuals. On a recent November day, much of the park was vacant. “The United States is just one country.

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AI, tariffs and secrets of success: What retail leaders talked about at WRC

Inside Retail

From the skate bowl it installed in 2018, to the in-house cinema it opened in 2019, to the circular fashion initiative it launched in 2021, the department store regards itself as “more than a shop”, chief operating officer Leonie Foster said. We’re a social destination, a permanent invitation to experience the new.”

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Michaels Prepares Marketplace Offering to Offer More Than ‘Just Coupons and Discounts’

Retail TouchPoints

The retailer also is currently seeking third-party solution providers in areas including payment processors, order management and shipping and fulfillment. Michaels’ CEO Ashley Buchanan first revealed plans for a marketplace in a February 2021 story in The Wall Street Journal.

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A Financial Tale of Two Former DTC Darlings: Allbirds and Warby Parker

Retail TouchPoints

year over year — the highest the brand has seen since Q1 2021. The company pointed to faster growth in glasses, lower outbound customer shipping costs as a percent of revenue and improved efficiencies in owned optical laboratories as key drivers for this gross margin improvement. Allbirds Emphasizes Transformation Plan with 26.8%

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Retail Sales Grew 3% Over Extended Holiday Purchase Period — And the Season Isn’t Over Yet

Retail TouchPoints

In fact, the impacts of the most unique holiday in decades are still being felt: retailers should plan for continued shipping delays in the short term, and also continue to refine their omnichannel operations as they prepare for the rest of 2021. Retail sales grew 3% during the extended holiday season (Oct. 11 through Dec.

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In the Wake of ‘Returnageddon’ Retailers Seek New Solutions to an Age-Old Problem

Retail TouchPoints

It was the kind of “-geddon” that could be seen coming from a mile away — a perfect storm combining an ecommerce boom; retailers, fulfillment centers and shipping providers that were already stretched thin by a global pandemic; and the historically hectic holiday season looming. That number was even higher in January 2021. “

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