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Tariffs Could Put an Additional $40 Billion of Retail Sales, 12,000 Stores at Risk

Nordstrom, Greats, Target, Macy’s, Alibaba, Bonobos, Rhone, Spanx and more will be at Sourcing Summit NY Oct 17. Don't miss it.

UBS predicted that at least 75,000 retail doors might close by 2026 if e-commerce sales continue to grow, but a new report indicates the recent 25 percent tariff hike could accelerate widespread store closures. Last month UBS equity analyst Michael Lasser pointed out the impact on brick-and-mortar retail should e-commerce sales grow to 25 percent…

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