- cross-posted to:
- economics
- cross-posted to:
- economics
Summary
North American companies are facing uncertainty due to Trump’s recent announcement of tariffs on goods from Canada, Mexico, and China.
While some companies, like automakers, may be able to shift production to mitigate costs, smaller companies without global operations are more vulnerable.
Industry associations and experts warn that these tariffs could lead to higher prices for consumers and disrupt supply chains.
Monday market open is going to be a bloodbath. I won’t even dare to open my 401k account summary.
EDIT: From the Article:
Big-box stores like Walmart (WMT.N) and Target (TGT.N), which have been fighting to keep prices low because of inflation, might not be able to withstand higher supply chain costs.
A) Neither of these are big box stores.B) No they haven’t, you twat.
What would you consider a big box store?
Costco, BJ’s, Sam’s Club
I think you’re confused on the meaning of Big Box Store. “A big-box store is a large retail store that sells a variety of products. They are often part of a chain and are known for their large size and extensive selection.”
Walmart and Target are absolutely big box stores.
I’ll concede the point. They still engaged in price gouging and are couple bags of dicks.
It sounds like you’ve misinterpreted the term “big box store”. The stores you’re referring to could likely also be considered big box stores, but more specifically they are warehouse stores.
Big-box stores like Walmart (WMT.N) and Target (TGT.N),
Neither of these are big box stores.
https://en.wikipedia.org/wiki/Big-box_store
A big-box store, a hyperstore, a supercenter, a superstore, or a megastore is a physically large retail establishment, usually part of a chain of stores. The term sometimes also refers, by extension, to the company that operates the store. The term “big-box” references the typical appearance of buildings occupied by such stores.[1]
Commercially, big-box stores can be broken down into two categories: general merchandise (examples include Walmart and Target)…