Top

Retailers wary of the shutdown, tariffs and a looming recession

January 15, 2019

Category:

NEW YORK — While some retailers like Target are coming off of a holiday high thanks to a favorable economic climate in 2018, others like Macy’s and Kohl’s have recently reported figures that are disappointing at best. Moving into the new year, uncertainty is quickly building over the potential impacts that the government shutdown, tariffs and a looming global economic slowdown will have on the retail economy.

During a panel at the NRF’s Big Show conference Monday, former chair of the Federal Reserve Janet Yellen said that trade tensions are concerning businesses, in terms of what the future holds in store.

Read More on Retail Dive