Wholesalers and other supply chain executives are concerned about managing tariff costs as retailers indicate a lack of interest in raising prices:
“Fashion executives, stakeholders and experts convening at the Sourcing Journal Summit in New York City on Thursday agreed, it’s not just the Targets and the Walmarts of the world refusing to raise prices. Retailers across the board are not interested in raising their prices or forfeiting their margins to help out stressed suppliers.”
P.S. Tariffs could increase costs throughout the supply chain. 8th & Walton advisors help suppliers run a nimble business and keep costs down as much as possible — whether their production is state-side or international. Work with our advisors to stay ahead of changes that could impact your business. Book a consultation today.