Reported about 21 hours ago
Tariffs are significantly impacting consumers, with the PWC report estimating a rise in annual tariff costs for the consumer products industry to $134 billion. CEOs from major companies, including Walmart and Nike, are voicing concerns about the pressures on consumer behavior and profitability, as consumers seek value amidst these economic challenges. Fast food chains are adapting by increasing their focus on value meals to attract buyers.
Source: YAHOO