In a Rose Garden speech this afternoon, President Trump said his administration would impose retaliatory tariffs on countries that excessively tariff imports from the U.S., with a starting rate of approximately half “what they are charging us."

The retailer shed more light on adding the brand Jordan later this spring, along with progress on its revamped store expansion strategy, customer trade-down behavior, and tariff mitigation efforts during the JP Morgan Retail Roundup Conference.

The bicycle component maker is investigating a cybersecurity issue that resulted in a temporary shutdown of its wholesale ordering system and other information systems as a precaution.

National Operating Committee on Standards for Athletic Equipment appointed John Parsons as its next executive director, following a national search.

NSSF's adjusted NICS checks fell 3.8% in Mar. to 1,386,724 compared to 1,442,061 a year ago, marking the second consecutive month of declines.