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Here’s how retailers plan to combat unpredictable customer spending as costs rise
Jump to contentAllNewsSportCultureLifestyleRoughly one in four U.S. businesses plans to shrink their product offerings over the next six months to handle rising freight costs and volatile consumer spending. Major brands like Under Armour and Helen of Troy are trimming underperforming product lines to simplify inventory and protect profit margins. The strategy shift follows ongoing trade uncertainty stemming from import duties enacted during the Trump administration. U.S. Customs and Border Protection is issuing billions of dollars in duty refunds after the Supreme Court struck down key emergency tariffs. Companies such as Walmart, SharkNinja, and e.l.f. Beauty are using the tariff refunds to lower prices and absorb elevated transportation expenses. In fullRetailers are slashing their product lines because of tariffs and transportation costsMore bulletinsThank you for registeringPlease refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged in
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qz.com
Retailers cut product variety to offset tariffs, supply chain costs
Under Armour has cut more than 25% of its products over two years, while Helen of Troy and smaller brands are making similar moves
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independent.co.uk
Retailers are slashing product lines because of tariffs and transportation costs
Major brands such as Walmart and SharkNinja are using billions in duty refunds to lower prices and cushion supply costs
