Retail news that keeps industry pros in the know
Retail Brew delivers the latest retail industry news and insights surrounding marketing, DTC, and e-commerce to keep leaders and decision-makers up to date.
President-elect Donald Trump’s proposed 25% tariff on Mexico and Canada, and an additional 10% tariff on China, has the stated aim of curbing illegal immigration and drugs, but critics say it will raise the prices of many products.
You tell us: Do you think proposed new tariffs on Mexico and Canada and a higher tariff on China would result in widespread higher prices for shoppers? Cast your vote here.
Circling back: Last time, we told you about how both TGI Fridays and Red Lobster had declared bankruptcy in recent months, and asked which you thought was more likely to be in business a year from now.
The crustacean crushed it, with 63.9% of you saying that Red Lobster (which exited bankruptcy in September) was the most likely to survive the year, while 31% said TGI Fridays was most likely and 5.2% didn’t know or weren’t sure.