July’s retail sales numbers reported out this week were strong. Wages are up, consumer spending is up, and that’s great news for retailers and the retail sector.
The cloud on the horizon, as we’ve been warning about for months, is the trade war and the tariffs that come with it.
RILA, Chief Operating Officer, Brian Dodge sits down with Liz Claman host of Fox Business The Claman Countdown to unpack what this all means for retailers and the US economy.
“We are deeply concerned about the tariff headwinds”
Starting September 1, new tariffs hit sweaters and coats, athletic equipment like football cleats and hockey pads, and all sorts of home goods.