News

US department stores and discount chains are benefiting as consumers pull back from Chinese marketplaces Temu and Shein, ...
As the U.S. and China negotiate a trade deal, Trump has lowered a levy on “de minimis” low-value packages, such as online ...
The new US-China trade truce has eased some of the pressure on global markets, but its impact on companies like Boeing ...
The shift in spending comes as Temu and Shein face a hefty tariff from the US, forcing them to hike prices and halt shipments ...
Shoppers have fled Temu and Shein after President Trump slapped the Chinese sites with hefty tariffs – spending their dollars instead at US department stores like Nordstrom Rack and Kohl’s ...
According to transactional data from Consumer Edge US, some Shein and Temu shoppers have transitioned to department store and specialty retailers such as Bloomingdale’s, Kohl’s, Nordstrom Rack ...
It's helping Brits too, with a recent Ipsos poll finding that Temu shoppers across six countries, including the UK alongside Germany and France - cut their spending by 24 per cent on average ...