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Guest Opinion: Mitigating Tariffs in Supply Chain Design

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Supply Chain Strategy for an Ever-Changing Political Environment

The ever-changing political climate has made it more important than ever to consider the impact of tariff regulation changes on supply chain design. The past couple of years of uncertainties have limited companies’ options to mitigate tariffs and off-set expenses to their supply chain networks, putting strains on moving into known and unknown markets. To reduce the effect of tariffs on cost, companies should consider best practices for strategically managing this new but increasingly common volatile market.

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‘Bloomingdale’s is a Strong Brand’: How the Department Store Has Dodged the Fate of Its Competitors

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This week, Macy’s Inc. announced it’s closing 28 stores, making it the latest in a long line of retailers and department stores suffering the effects of a volatile retail environment and downsizing. But the company’s other retail subsidiary — Bloomingdale’s — has been one of the more resilient contenders in the retail space, closing one store this week versus dozens and seeing better financial results than competitors like Neiman Marcus.