Two Retailers' Desperate Gambles: Selling Tariff Refunds for Pennies on the Dollar Two struggling mall staples, American Eagle Outfitters and The Children's Place, have resorted to selling their federal tariff refunds at significantly reduced rates.
This move has raised concerns about the long term viability of these companies and its broader impact on consumers.
American Eagle's restructuring efforts have shown some progress, with increased net revenue and comparable sales growth. However, the company still faces significant challenges.