Writing for the National Retail Federation (NRF)’s blog, president and CEO Matthew Shay reflected on the effects recent tariff escalations between the U.S. and China have taken on retail supply chains. Review some of his takeaways here. Retailers can’t move …
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Home Depot Reports Q2 Financial Growth
Big-box home improvement retailer Home Depot has released its second-quarter 2019 financial results, reporting second-quarter sales of $30.8 billion. This figure represents a 1.2 percent increase over the same period in 2018 and a 16.6 percent increase over the company’s …
Read More »Understanding Implications of Chinese Tariffs
Jonathan Gold, a trade expert for the National Retail Federation, answered questions from Hardware Retailing about the effects of recent Chinese tariffs. He provides insight into new 25 percent trade duties levied on hundreds of billions of dollars in Chinese …
Read More »Many Home Improvement Retailers Expect Negative Impact From Tariffs
After polling more than 200 independent home improvement retailers operating in the U.S., the North American Retail Hardware Association (NRHA) finds the impact from tariffs continues to represent great uncertainty for business operators. Notably, 67 percent of surveyed retailers believe …
Read More »Retail Leaders Discuss Impact of Tariffs
Recently, tariffs on goods entering the U.S. have been hot topics in retail. No matter which industry a business operates within, tariff implementations are causing ripple effects on suppliers and shoppers alike. Retail leaders from some of the U.S.’s best-known …
Read More »U.S., China Impose Tariff Hikes
The U.S. and China, the world’s two largest economies, have both imposed tariff hikes on products entering their countries. The decisions came after the two countries were unable to finalize a trade deal, CNBC reports. Initially, the U.S. increased tariffs …
Read More »Manufacturers and Distributors Weigh In on Steel, Aluminum Tariffs
Click the picture to download a PDF of this story. By Kate Klein, kklein@nrha.org All story data were compiled from a survey of manufacturers and distributors conducted by the North American Retail Hardware Association (NRHA). Recently announced and proposed tariffs on raw …
Read More »Industry Manufacturers and Distributors Talk Aluminum and Steel Tariffs
Recently announced and proposed tariffs on raw materials continue to be an ongoing discussion worldwide as the U.S. and its trading partners shift their positions on international trade. To help determine the potential impact of these tariffs on the home …
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