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How a $12.98 T-Shirt Is Made in America—at a Profit [Yahoo! Finance]
Last walmart inc. earnings: 2/18 06:00 am
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US:NYSE Investor Relations: stock.walmart.com/investors/default.aspx
Walmart aisles are piled high with goods this holiday season, but one item sticks out: cotton T-shirts that were made in America and cost $12.98. The U.S. is awash in a sea of cheap imports that has destroyed much of the domestic apparel industry. In 2023, less than 4% of the apparel purchased in America was made here. Most Read from The Wall Street Journal Corporate America Drew Back From DEI. The Upheaval Isn't Over. Things to Try: Our 9 Top Tech Tips for You Discounts on the Dealership Lot Lift Car Sales After Another Bad Year for Bonds, Investors Lose Faith in a Turnaround Seeking to turn the tide, Donald Trump imposed tariffs in 2018 on Chinese imports during his first term as president and has proposed additional tariffs on all imports in his second term, including items from neighboring Canada and Mexico. But it wasn't tariffs that made the $12.98 shirt economically feasible, says Bayard Winthrop, the chief executive and founder of American Giant, the U.S. appa
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- Shareholder Rights Advocates at Levi & Korsinsky Investigate Walmart Inc. (WMT) Regarding Possible Securities Fraud Violations[Accesswire]
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