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If last year's tank tops and bathing suits are straining at the seams, The Children's Place's Memorial Day sale — with savings up to 70% — is about to become your new BFF.
In response, the Ministry of Commerce of the People's Republic of China announced plans to implement its own tariffs on 128 U.S. products. 120 of those products, such as fruit and wine, will be taxed at a 15% duty while the remaining eight products, including pork, will receive a 25% tariff.
The Children's Place Inc. is an American specialty retailer of children's apparel and accessories headquartered in Secaucus, New Jersey. It also markets apparel under the Children's Place, Place, Baby Place, and Gymboree brand names.
Free Shipping Day is a one-day event held annually in mid-December. On the promotional holiday, consumers can shop from both large and small online merchants that offer free shipping with guaranteed delivery by Christmas Eve.
Amazon is raising its free shipping threshold for some customers. To qualify for free shipping, non-Prime members typically have to purchase an order totaling at least $25.
Children's Place (PLCE) shuts stores amid the coronavirus crisis. Loss of sales from store closures is likely to show on first-quarter fiscal 2020 results.