A 10% tariff scheduled to go into effect on September 1 drove declines in retail stocks on Monday morning, but Moody’s says there are some major retailers that are insulated from the impact. Walmart Inc. WMT, -0.01%, Target Corp. TGT, -0.50%, Costco Wholesale Corp. COST, -0.46%, Amazon.com Inc. AMZN, -0.48% and Best Buy Co Inc. BBY, -0.59% have diversified their supply chains and pre-purchased merchandise over recent quarters, which should lessen the damage, Moody’s analysts led by Charlie O’Shea wrote in a note... ...moreRSK: Supply diversification is the key here and these 3 have done so the best of all. | ||
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