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Tariffs Drive Retailers to Blast Out Early Holiday Promotions

Join Theory, Google, H&M, McKinsey, Foot Locker, Lafayette 148, LL Bean, the Retail Prophet and more at Sourcing Journal’s Virtual Sourcing Summit, R/Evolution: Overhauling Fashion’s Outmoded Supply Chain, Oct 14 & 15.

The six-days-shorter holiday shopping season isn’t the sole reason why some retailers, Walmart among them, started rolling out deals even before Halloween. Tariffs are to blame, too. Walter Loeb, a former retail analyst and now retail consultant, backs this up bluntly. “Retailers ordered ahead and shipped in advance in anticipation of the implementation of tariffs,”…

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