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How Tariffs Are Reshaping Retail Hiring Strategies And Why Companies Must Adapt

As tariffs tighten already slim margins, retailers are rethinking where to invest, cut back, and how to adapt. This shifting landscape is pushing companies to revamp operations and adopt innovative hiring strategies to stay competitive and profitable in a more complex retail environment.

šŸ“¢ Hey, Retailist Roundup readers! How are retailers adjusting their hiring and operational strategies to stay profitable amid rising tariff pressures?

News from Retailist

Tariffs are forcing every retailer—big and small—to rethink their hiring and workforce strategies, but the need for great talent hasn’t changed, it’s evolving.

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In the news: Top headlines this week

Airbnb flags slowing US travel demand as revenue forecast disappoints. Airbnb forecasted lower-than-expected Q2 revenue, citing weakening U.S. demand amid uncertain trade policies affecting consumer confidence. The company’s shares dropped over 6% after hours, deepening a year-to-date decline of about 7%. [Reuters]

China says it’s evaluating the possibility of trade talks with the U.S.. China is reviewing U.S. efforts to begin trade negotiations, signaling a possible step toward resolving the ongoing trade war. According to China’s commerce ministry, senior U.S. officials have recently made multiple outreach attempts to initiate talks on tariffs. [CNBC]

Temu adds ā€˜import charges’ of about 145% after Trump tariffs, more than doubling price of many items. In response to President Trump’s tariffs, Chinese e-tailer Temu has begun adding ā€œimport chargesā€ of around 145%, often exceeding the cost of the products themselves and more than doubling the total price of typical orders. [CNBC]

Walmart drives toward instant payments. Walmart is ramping up efforts to offer instant payment options, aiming to speed up service and reduce costs. As part of this push, the retailer is working to bypass costly credit and debit card interchange fees by introducing a pay-by-bank option, with plans for real-time payments. [Retail Dive]

Retail’s latest tariff challenge? Setting prices. Setting retail prices using the ā€œcost of goods plus markupā€ formula has become increasingly challenging in the age of tariffs. With trade policy under President Trump constantly shifting, retailers face uncertainty in calculating costs, while consumers—strained by economic pressures—are more price-sensitive than ever. Lower-income shoppers are struggling with essentials, and even wealthier consumers are opting for more affordable alternatives. [Retail Dive]

Job Board: This week’s Top Openings in DTC, RetailTech, and more

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