Retail News

Home Depot looks to cut costs to offset tariff

CNBC 06/24/2019

Home Depot CEO Craig Menear is looking for places to take costs out of its supply chain to help it offset rising prices on imports as a result of President Trump’s tariffs. Mr. Menear said the company is somewhat insulated against the effects of the tariffs with the retailer making 70 percent of its private label goods in the U.S.

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