Major retailers tamper expectations for 2025 as Americans slow their spending
The feedback from American buyers led to a national retail trade in 2025 about their sales potential on Wednesday, becoming the last.
America Consumer trust Last month, more than four years older decline, according to the Conference Council. Respondents expressed concern over inflation, increasing the growth of trade and tariffs on inflation, the council said.
Is The forcing new tariffs this week President Donald Trump against America The three largest commercial partners Immediately took revenge from Mexico, Canada and China by sending financial markets into tailspinA number of tariffs threaten to transform inflation in recent weeks It looks like he started to stay higher and created more uncertainty for families and businesses.
Trump forced 25% taxes or tariffs on Mexican and Canadian imports, although he restricted Levi to 10% on Canadian energy. Trump also doubled the tariff that he slapped last month on Chinese products up to 20%.
On Wednesday, when reporting the last quarterly performance, Abercrombie and Fitch noted that the growth of 2025 is waiting for 2025 more badly than the growth of sales last year.
Wednesday semesters slip more than 14%, and they’re down almost 46% this year.
Wednesday wrote that the retail landscape becomes more difficult, Neil Saunders, GlobalData’s executive director. He also mentioned that Abercrombie had a very good thing in 1924, which makes it more difficult in 2025.
“It is reasonable to expect a certain moderation in the growth rate. As reflected in the prospect of the company, “Saunders said.
Abercrombie and Fitch, however, joins the growing list of retailers, which are slowing down, and not all companies in those companies had in 2024.
Last year the sale and profit slipped for the target, and the retailer said this week to be ” meaningful pressure “2025 to start in his profits, Mexico, Canada and China, except for other expenses. Even this week before the trading war reported the target Falling profit and sale During the determining period of the year, more customers stop breaking the wallet before breaking.
Target Executive Director Brian Sughel said that Americans can see food prices in just a few days begin to climb, particularly avocado. Mexican President Claudia Shinbaum said Tuesday that the country will respond 25% tariffs imposed by the United States With reply actions to US goods with details of coming.
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