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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
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
grantham
InvestingLegendary investor says the AI boom masks a deeper crisis: Falling sperm counts, shrinking populations, and vanishing resources
By Nick LichtenbergApril 12, 2026
middle
EconomyTurns out the American middle class didn’t die. It got richer—and felt poorer
By Nick LichtenbergApril 12, 2026
boomer
CommentaryAmerica is not ready for its own longevity crisis — and 2026 is the wake-up call
By Aimee DeCamillo and Diane TyApril 12, 2026
Wemimo Abbey and Samir Goel, the cofounders of fintech company Esusu
SuccessThese cofounders quit corporate jobs, took on $100K in credit card debt, and slept in a Denny’s—now their $1.2B company is backed by Serena Williams
By Emma BurleighApril 12, 2026
More RetailPage 27 of 100
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
  • CEO Elliott Hill of Nike smiles on the field before the game between the Oregon Ducks and the Ohio State Buckeyes at Autzen Stadium on October 12, 2024 in Eugene, Oregon.
    RetailAs Nike lags, CEO Elliott Hill said Ohio State Buckeyes coach Ryan Day revealed the key to a strong offense
    By Amanda GerutMarch 21, 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
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
Shoppers in the Soho neighborhood of New York City
RetailCompanies are slashing their earnings forecasts as consumer confidence about the future reaches 12-year low
By Stuart DyosMarch 30, 2025
Scissors cut through the Joann logo
RetailHow Joann Fabrics went from a cult-favorite retail darling to a bankruptcy disaster 
By Lila MacLellanMarch 29, 2025
U.S. President Donald Trump gestures while speaking during a Women's History Month event in the East Room of the White House on March 26.
PoliticsWarned car tariffs will cost Americans $100 billion, Trump White House won’t budge: ‘We must become a manufacturing powerhouse’
By Christiaan HetznerMarch 28, 2025
  • Olive Garden restaurant with a women entering
    CompaniesOlive Garden parent company shrugs off concerns of plummeting consumer confidence because restaurant goers continue ‘to treat themselves and splurge’
    By Paolo ConfinoMarch 20, 2025
shoppers at the mall going to lululemon
RetailLululemon adds to warnings about consumer spending as stock tanks 15% on weak revenue outlook amid tariff uncertainty
By Sydney LakeMarch 28, 2025
Germany warns U.S. ‘nothing off table’ if auto tariffs aren’t withdrawn
PoliticsGermany warns U.S. ‘nothing off table’ if auto tariffs aren’t withdrawn
By AFPMarch 28, 2025
U.S. President Donald Trump enters the stadium during the Division I Men's Wrestling Championship held at the Wells Fargo Center on March 22, 2025 in Philadelphia.
PoliticsTrump warns U.S. carmakers not to take advantage of tariffs by hiking prices on consumers
By Christiaan HetznerMarch 28, 2025
LVMH heir Alexandre Arnault will join the board of top-end ski wear brand Moncler after the French giant struck a deal with its CEO
RetailLVMH heir Alexandre Arnault will join the board of top-end ski wear brand Moncler after the French giant struck a deal with its CEO
By Prarthana PrakashMarch 28, 2025
The Ferrari 12Cilindri at HROwen Ferrari in Hatfield, Hertfordshire. Hatfield is the main hub destination for HROwen with their main HQ being based there.
RetailFerrari’s U.S. customers may be forced to pay $50,000 more for their 12Cilindri as carmaker hikes prices over Trump tariffs
By Ryan HoggMarch 28, 2025
  • Federal Reserve seal
    FinanceAmid a grimmer outlook from the Fed, there’s a lone, mysterious holdout predicting stronger economic growth
    By Paolo ConfinoMarch 20, 2025
23andMe headquarters in Mountain View, Calif.
Retail23andMe says it won permission from a judge to sell customers’ medical and ancestry data. Here’s how to delete yours
By Stuart DyosMarch 28, 2025
Hermes store on Bond Street on 28th August 2024 in London
SuccessHermès is nearly 200 years old—but its relentless growth makes it ‘an old lady with startup issues,’ its artistic director says
By Prarthana PrakashMarch 28, 2025
Dollar Tree sold Family Dollar at a massive discount for just $1 billion. Just a decade ago, it was worth $9 billion
RetailDollar Tree sold Family Dollar at a massive discount for just $1 billion. Just a decade ago, it was worth $9 billion
By Morning BrewMarch 27, 2025
A sticker on a used car sitting in a lot
RetailTrump’s ‘shotgun approach’ to auto tariffs will have significant ripple effects—even if you’re not buying a car: ‘Virtually nothing goes unscathed’
By Dave SmithMarch 27, 2025
From outcast to on-track: How M&S found a culture to turn a crumbling business around
CommentaryFrom outcast to on-track: How M&S found a culture to turn a crumbling business around
By Andrew BusbyMarch 27, 2025
How Next became the U.K.’s most successful clothing retailer with $1.3 billion in profit—outpacing a struggling industry with its savvy e-commerce play
LeadershipHow Next became the U.K.’s most successful clothing retailer with $1.3 billion in profit—outpacing a struggling industry with its savvy e-commerce play
By Prarthana PrakashMarch 27, 2025
A 1964 Empress Bentley and a 1954 Rolls-Royce Silver Dawn are parked in Smith Square, a small square behind the Houses of Parliament, before collecting their VIP passengers - barristers who are being sworn in as QCs (aka Silks in legal vernacular), on 11th March 2019, in London, England.
RetailRolls-Royce owner Donald Trump just took a hammer to the U.K.’s $8 billion luxury car market
By Ryan HoggMarch 27, 2025
Delta’s secret trading card program has a new design for its 100th anniversary—but you’ll need to ask your pilot to get one
RetailDelta’s secret trading card program has a new design for its 100th anniversary—but you’ll need to ask your pilot to get one
By Marco Quiroz-GutierrezMarch 27, 2025
US President Donald Trump during a US ambassadors meeting in the Cabinet Room of the White House in Washington, DC, US, on Tuesday, March 25, 2025.
FinanceTrump sets auto tariffs at 25%, drawing swift backlash: ‘The tariffs announced today will harm—not help,’ says world’s largest business association
By Amanda GerutMarch 26, 2025
Walmart CEO Doug McMillon says customers are exhibiting ‘stressed behaviors’—and it’s already tanked the company’s valuation by $22 billion
RetailWalmart CEO Doug McMillon says customers are exhibiting ‘stressed behaviors’—and it’s already tanked the company’s valuation by $22 billion
By Sydney LakeMarch 26, 2025
The Chili's sign across from the restaurant in Scranton Pennsylvania
RetailThere hasn’t been a Chili’s near The Office’s hometown of Scranton in two decades. Now the brand is debuting a retro restaurant with ‘awesome blossoms’ back on the menu
By Jonathan Mattise and The Associated PressMarch 26, 2025
Michael O'Leary attends day 1 'Champion Day' of the Cheltenham Festival at Cheltenham Racecourse on March 11, 2025 in London, England.
RetailMonths after calling Wizz Air’s unlimited flights deal a ‘marketing scam,’ Michael O’Leary’s Ryanair launches its own subscription service
By Ryan HoggMarch 26, 2025
L’Oréal CEO Nicolas Hieronimus.
RetailL’Oréal and other beauty giants are pleading with the EU to exclude American cosmetics from its tariff war
By Prarthana PrakashMarch 24, 2025
Sebastian Siemiatkowski, chief executive officer of Klarna Holding AB, at IFGS 2022 summit at the Guildhall in London, U.K., on Monday, April 4, 2022. Innovate Finance's summit -- part of U.K. Fintech Week -- aims to showcase Britain's financial technology sector and its global ambitions.
FinanceKlarna CEO defends DoorDash ‘eat now, pay later’ deal as critics slam ‘Collateralized DoorDash Obligations’
By Ryan HoggMarch 24, 2025
two men in suits pose in front of the cell shuttle
NewslettersInside the futuristic biotech startup Cellares that’s building a cure for cancer with $355 million in funding
By Leo SchwartzMarch 24, 2025
VW is cutting thousands of jobs but still dwarfs global rivals
RetailVW is cutting thousands of jobs but still dwarfs global rivals
By Monica Raymunt and BloombergMarch 24, 2025
Homes in a neighborhood in San Francisco, California.
RetailThe housing market’s spring selling season has arrived. Here’s the best time to list your home
By Stuart DyosMarch 23, 2025
Abou Sow hands out cartons of eggs to people waiting in line to receive free eggs from FarmerJawn Agriculture, Friday, March 21, 2025, in the Harlem neighborhood of New York.
LifestyleHundreds of New Yorkers spent hours waiting in line for free eggs. All 100 cartons were gone in less than 10 minutes
By The Associated PressMarch 21, 2025
people walking past target store
RetailTarget was banking on Easter to help boost sluggish sales. But then came the church-initiated boycotts of the retailer
By Retail BrewMarch 21, 2025
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'This is the last warning.' Iran threatens U.S. warships after they throw down the gauntlet for winner-take-all Strait of Hormuzplaceholder alt text
By Fortune EditorsApril 11, 2026
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Palantir CEO says AI ‘will destroy’ humanities jobs but there will be ‘more than enough jobs’ for people with vocational trainingplaceholder alt text
By Fortune EditorsApril 11, 2026
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The 'affordability economy' has created a housing market nobody predicted: Prices collapsing in the Sun Belt, soaring in the Rust Beltplaceholder alt text
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