Nintendo delayed its US Switch 2 preorders, saying it’s evaluating the effect of 24% tariffs on Japanese imports, signaling a potential price increase for the console. Tech giants must diversify: Focusing on businesses that they can control rather than those undergoing trade turmoil could help offset mounting losses.
Meanwhile, 7-Eleven is giving its US food selection a Japanese-style spin to differentiate its offering and entice consumers. Our take: Couche-Tard has long relied on acquisitions to grow, but Seven & i may be the one that gets away.
The wild economic fluctuations of the pandemic era are receding. Last year reintroduced an air of relative predictability, and the forecast for 2024 and beyond shows smooth sailing. For the next two years, retail sales will grow 4% to 5%, and ecommerce more than 8%.
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