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Macy's joins retail giants warning of price hikes as tariffs weigh

Fox Business
Summary
Nutrition label

72% Informative

Macy 's executives warned on Wednesday that the retailer will raise the prices of select products due to global tariffs.

CEO Tony Spring said the company is reducing its exposure to China , renegotiating orders with suppliers and canceling or delaying orders "where the value proposition is just not where it needs to be" Macy 's is one of a handful of retailers reeling from the ongoing trade war.

VR Score

68

Informative language

63

Neutral language

39

Article tone

semi-formal

Language

English

Language complexity

55

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

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