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Donald Trump stands behind a podium while pointing a finger in front of him.
‘People are trying to be creative’: Tariff-battered American companies are so cash-starved they are using refund claims as collateral for loans

“It’s coming to the point where some people might have no choice,” one CEO told Fortune, saying more firms are looking to leverage refund claims from the levies.

By Sasha RogelbergApril 12, 2026
A Starbucks barista stands behind a cash register.
Starbucks’ game plan to roll out AI chatbots at cafés could serve as a ‘litmus test’ for the industry, analyst says
By Sasha RogelbergApril 11, 2026
The Navy confirmed an ‘abundant amount’ of Uncrustables when the Artemis II crew lands. Smucker’s just offered them a lifetime supply
The Navy confirmed an ‘abundant amount’ of Uncrustables when the Artemis II crew lands. Smucker’s just offered them a lifetime supply
By Catherina GioinoApril 10, 2026
Nutella seen aboard the Orion spacecraft Integrity.
Nutella jumps on the best product placement money can’t buy: A trip to the far side of the Moon
By Catherina GioinoApril 9, 2026
JFK, jr and Carolyn Bessette walk their dog in New York City.
Levi’s 517 jeans sales jump 25% thanks to ‘Love Story’ and the Carolyn Bessette Kennedy effect
By Molly Liebergall and Morning BrewApril 9, 2026
erewhon
Americans hate the economy so much, they’re buying $22 smoothies
By Yuanyuan (Gina) Cui, Patrick Van Esch and The ConversationApril 9, 2026
Latest Stories
NEW YORK, NEW YORK - JULY 26: A view of Poppi drinks at #BFE (Big Flavor Energy) "poppi hour" at Azul On the Rooftop at Hotel Hugo on July 26, 2022 in New York City.
C-SuiteThis TikTok sensation sold her startup for $2 billion. Now Pepsi is letting ‘Poppi be Poppi’
By Eva RoytburgApril 12, 2026
A woman measures a little boy's height against the kitchen wall
Economy‘Almost unmanageable’: Raising a child in the U.S. now costs more than $300,000
By Jacqueline MunisApril 12, 2026
trump
North AmericaAs Iran peace talks fail, Trump and Joe Rogan watch a hobbled fighter triumph in a brutal cage match
By The Associated PressApril 12, 2026
haiti
EnergyHaiti stares down starvation as Iran War drives 200,000 into acute food emergency status
By Evens Sanon, Danica Coto and The Associated PressApril 12, 2026
cars
Economy‘I just keep seeing a lot of different aspects of life getting more expensive’: New car prices are up 30% over 6 years
By Alexa St. John and The Associated PressApril 12, 2026
$12 billion crypto company boss says Gen Z ‘create an absurd amount of chaos’ and make him want to pull his hair out—but he’s betting on them anyway
Success$12 billion crypto company boss says Gen Z ‘create an absurd amount of chaos’ and make him want to pull his hair out—but he’s betting on them anyway
By Orianna Rosa RoyleApril 12, 2026
View of the Augusta National Golf Club
Real EstateA 93-year-old refused to sell her home to the Masters golf course that’s spent $280 million on expansion: ‘Money ain’t everything’
By Marco Quiroz-GutierrezApril 12, 2026
mueller
CommentaryI grew up in a family of entrepreneurs. Here’s what I had to unlearn to build a $1 billion business
By Samuel MuellerApril 12, 2026
More RetailPage 26 of 100
Hands hold a blouse in front of a laptop
RetailThe tariff loophole that drove Shein and Temu to fast-fashion dominance is closing in a month
By Irina IvanovaApril 4, 2025
  • Lee Ainslie
    NewslettersExclusive: ‘Tiger Cub’ Lee Ainslie’s Maverick Ventures raises $240 million in fresh funding for early stage investments
    By Leo SchwartzMarch 31, 2025
The new partnership between Affirm and Experian means the impulse-buying economy will be running headlong into America’s data-mining ecosystem
RetailThe new partnership between Affirm and Experian means the impulse-buying economy will be running headlong into America’s data-mining ecosystem
By Irina IvanovaApril 4, 2025
Volkswagen working to ‘quantify the impact’ of Trump tariffs on U.S. sales
RetailVolkswagen working to ‘quantify the impact’ of Trump tariffs on U.S. sales
By AFPApril 4, 2025
Closeup image of a man and a woman clinking white coffee mugs in cafe
RetailU.S. coffee drinkers face pricier cup as tariffs hit key supplier
By Anuradha Raghu, Nguyen Dieu Tu Uyen, Maddie Parker and BloombergApril 3, 2025
A driver refuels their vehicle at a BP gas station in Detroit, Michigan, US, on Thursday, Sept. 19, 2024.
RetailTrump’s $3 gasoline dream is still far off for American drivers
By Nathan Risser and BloombergApril 3, 2025
Popular Tony’s Chocolonely chocolate bars recalled for possibly containing ‘small stones’
FinancePopular Tony’s Chocolonely chocolate bars recalled for possibly containing ‘small stones’
By Chris MorrisApril 3, 2025
  • Volvo Car brings back Samuelsson as CEO to steer turnaround
    RetailVolvo Car brings back Samuelsson as CEO to steer turnaround
    By Rafaela Lindeberg and BloombergMarch 31, 2025
U.S. President Donald Trump speaks during a “Make America Wealthy Again” trade announcement event in the Rose Garden at the White House on April 2, 2025 in Washington, DC.
FinanceTreasury Secretary Bessent blames Trump tariff sell-off in markets on deflating AI bubble: ‘That’s a Mag 7 problem, not a MAGA problem’
By Christiaan HetznerApril 3, 2025
The Old Bushmills whiskey distillery in Bushmills Northern Ireland is the oldest working distillery in Ireland.
PoliticsTrump tariffs leave Northern Ireland, and its whiskey and plane makers, at the whim of the EU
By Ryan HoggApril 3, 2025
Kohl’s new CEO is making more than double the retailer’s previous top executive as the company struggles with store closures and falling revenue
RetailKohl’s new CEO is making more than double the retailer’s previous top executive as the company struggles with store closures and falling revenue
By Sydney LakeApril 3, 2025
woman standing in the street with shopping bags
PoliticsEurope’s luxury players face a path-defining twist with Trump’s tariffs. But only a handful of them will suffer the worst impact
By Prarthana PrakashApril 3, 2025
Siemens to boost drug discoveries using AI through the $5.1 billion acquisition of U.S. software firm Dotmatics
RetailSiemens to boost drug discoveries using AI through the $5.1 billion acquisition of U.S. software firm Dotmatics
By AFPApril 3, 2025
  • Primark boss steps down after 16 years due to inappropriate ‘behaviour toward a woman’
    RetailPrimark boss steps down after 16 years due to inappropriate ‘behaviour toward a woman’
    By AFPMarch 31, 2025
US President Donald Trump holds a signed executive order after delivering remarks on reciprocal tariffs during an event in the Rose Garden entitled "Make America Wealthy Again" at the White House in Washington, DC, on April 2, 2025.
FinanceTrump’s new tariffs will make equity markets ‘suffer,’ economist says, with the ‘downside risk of retaliatory tariffs around the globe’
By Amanda GerutApril 2, 2025
US President Donald Trump during an executive order signing in the Oval Office of the White House in March.
PoliticsTrump team was still hashing out ‘Liberation Day’ tariff plans 24 hours before the announcement
By Christiaan HetznerApril 2, 2025
She persuaded Sephora and Nordstrom to dedicate 15% of their shelf space to Black-owned brands. Now she’s reckoning with a massive DEI rollback
LeadershipShe persuaded Sephora and Nordstrom to dedicate 15% of their shelf space to Black-owned brands. Now she’s reckoning with a massive DEI rollback
By Sara BraunApril 2, 2025
Mercedes weighs pulling U.S. entry-level cars over tariffs
RetailMercedes weighs pulling U.S. entry-level cars over tariffs
By William Wilkes and BloombergApril 2, 2025
A boy plays with Lego bricks.
FeaturesAliens, rovers and energy crystals: How Lego’s obsession with detail has kept fans hooked for 92 years and counting
By Prarthana PrakashApril 2, 2025
Oatly CEO Jean-Christophe Flatin and COO, Daniel Ordonez
FeaturesOatly was a pioneer in the world of oat-based dairy challengers. As milk makes a comeback, it has to prove its drinks are more than a fad
By Prarthana PrakashApril 2, 2025
Happy salesman showing cars to a couple at the dealership
PoliticsGM, Hyundai sales jump as Trump tariff fears spur car buying
By David Welch, Keith Naughton, Gabrielle Coppola and BloombergApril 1, 2025
Steve Rad, CEO of toy maker Abacus Brands Inc., which designs science kits and other educational toys for older children, shows a newly improved matte box, left, that will replace its black plastic mold packaging insert, seen right, with an improved cardboard material to help offset the costs of future tariffs in El Segundo, Calif., on Monday, March 31, 2025.
RetailTrump’s tariffs may trigger the return of ‘shrinkflation’ with shoppers paying more for less
By Anne D'Innocenzio and The Associated PressApril 1, 2025
The best of Watches and Wonders 2025—Fortune’s top picks
RetailThe best of Watches and Wonders 2025—Fortune’s top picks
By Alex Wood Morton, Aslesha Mehta and Fortune EditorsApril 1, 2025
customer with cart at Target
RetailTarget can’t get its footing after its DEI program demise and a 40-day boycott against the retailer. Foot traffic at stores is down for the eighth consecutive week
By Andrew Adam Newman and Retail BrewApril 1, 2025
Jerome Lambert
LeadershipJérôme Lambert took an unlikely career step down from Richemont CEO to leading one of its 29 brands. He said he just wanted to return to ‘the job I love’
By Prarthana PrakashApril 1, 2025
Swiss shoemaker On trims leadership with Hoffmann as sole CEO
RetailSwiss shoemaker On trims leadership with Hoffmann as sole CEO
By Tim Loh and BloombergApril 1, 2025
Photo of Donald Trump
RetailDonald Trump’s strategy to weaken the dollar could already be a success—in making it too expensive for Americans to travel to Europe
By Ryan HoggApril 1, 2025
France demands Volkswagen faces new trial over Dieselgate emissions—one of the biggest scandals to hit the auto industry
RetailFrance demands Volkswagen faces new trial over Dieselgate emissions—one of the biggest scandals to hit the auto industry
By Guillaume Daudin and AFPApril 1, 2025
EasyJet studies loyalty program after Ryanair starts new plan
RetailEasyJet studies loyalty program after Ryanair starts new plan
By Kate Duffy, Nick Bartlett and BloombergApril 1, 2025
US President Donald Trump, left, and Howard Lutnick, US commerce secretary, during an investment announcement in the Roosevelt Room of the White House in Washington, DC, US, on Monday, March 3, 2025.
FinanceTrump’s reciprocal tariffs are ‘ripping up trade’ after decades of precedent. Here’s how tariffs got so lopsided in the first place
By Paul Wiseman, Christopher Rugaber and The Associated PressMarch 31, 2025
These fast-food chains are most likely to screw up your order
RetailThese fast-food chains are most likely to screw up your order
By Chris MorrisMarch 31, 2025
Renault and Nissan agree to loosen alliance as Japanese carmaker finds itself in financial trouble
RetailRenault and Nissan agree to loosen alliance as Japanese carmaker finds itself in financial trouble
By AFPMarch 31, 2025
US President Donald Trump during a swearing-in ceremony for Alina Habba, interim US attorney for New Jersey, not pictured, in the Oval Office of the White House in Washington, DC, US, on Friday, March 28.
FinanceGoldman Sachs now sees much higher odds of economy shrinking, hiking probability of a U.S. recession to 35%
By Christiaan HetznerMarch 31, 2025
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