Retail industry

FILE - In this July 30, 2019, file photo, a traveller pulls a trolley past a U.S. embassy car outside a hotel in Shanghai. China has announced it will raise tariffs on $75 billion of U.S. products in retaliation for President Donald Trump's planned Sept. 1 duty increase in a war over trade and technology policy. (AP Photo/Ng Han Guan, File)
August 23, 2019 - 11:33 pm
WASHINGTON (AP) — The Latest on the escalating trade war between the U.S. and China, the world's two largest economies (all times local): 12:35 a.m. President Donald Trump is pushing back against those questioning whether he has the authority to order American companies to cut trade ties with China...
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FILE - This Aug. 23, 2018, file photo shows a window display at a Gap Kids clothing store in Winter Park, Fla. The Gap Inc. reports financial results Thursday, Aug. 22. (AP Photo/John Raoux, File)
August 22, 2019 - 5:27 pm
NEW YORK (AP) — Gap Inc.'s fiscal second quarter profits fell 43%, dragged down by costs related to store closings and the restructuring of its business. The beleaguered San Francisco-based chain also reported comparable sales declines at its three top brands, including at Old Navy, once a bright...
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FILE - In this Nov. 6, 2007, file photo Patrick Byrne, President and CEO of Overstock.com is reflected on a large television screen while being interviewed at the headquarters for supporters of school vouchers in Salt Lake City. Byrne has resigned, saying he’d become “far too controversial” to helm the e-commerce company known for selling discounted sofas and jewelry. Bryne, who founded the online discount retailer 20 years ago, said Thursday, Aug. 22, 2019, that was “in the sad position” of having to step down. (AP Photo/Steve C. Wilson)
August 22, 2019 - 4:14 pm
SAN FRANCISCO (AP) — The CEO of Overstock.com has resigned, saying he'd become "far too controversial" to helm the e-commerce company known for selling discounted sofas and jewelry. Patrick Byrne's resignation Thursday came after the company issued a bizarre statement last week in which the former...
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FILE - In this Aug. 16, 2019, file photo traders Dudley Devine, left, and Christopher Fuchs work on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Thursday, Aug. 22. (AP Photo/Richard Drew, File)
August 22, 2019 - 4:14 pm
A wobbly day on Wall Street left stock indexes mostly lower Thursday as investors turned cautious ahead of a widely anticipated speech by the Federal Reserve chairman. Losses by health care, technology and energy companies, among other sectors, outweighed gains by banks, consumer goods makers and...
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FILE - In this June 3, 2019, file photo a shopping cart sits in the parking lot of a Target store in Marlborough, Mass. Target Corp. reports financial results Wednesday, Aug. 21. (AP Photo/Bill Sikes, File)
August 21, 2019 - 2:45 pm
NEW YORK (AP) — The divide between retail winners and losers is widening. That became even more evident Wednesday with the latest batch of earnings reports: Big-box stores and off-price retailers have been responding faster to shoppers' increasing shift online with expanded deliveries and better...
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FILE - In this July 10, 2019, file photo shoppers visit the downtown Target Store in Minneapolis. Target Corp. reports financial results Wednesday, Aug. 21. (AP Photo/Jim Mone, File)
August 21, 2019 - 6:34 am
NEW YORK (AP) — Target topped expectations in just about any way measureable during the second quarter as it pushes faster delivery and invests heavily in new private label brands. Comparable store sales, which include online sales, rose 3.4 % as customer traffic jumped 2.4%. The measure includes...
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FILE - In this July 11, 2019, file photo Weber grills are displayed at the Home Depot store in Londonderry, N.H. The Home Depot Inc. on Tuesday, Aug. 20, reported fiscal second-quarter net income of $3.48 billion. (AP Photo/Charles Krupa, File)
August 20, 2019 - 3:37 pm
Americans continue to shop, vacation and buy cars at a brisk clip. But corporate America is starting to worry out loud that President Donald Trump's tariffs will depress consumer spending and undermine the economy. Home Depot, the nation's largest home improvement chain, said as much on Tuesday,...
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FILE - In this March 12, 2019, file photo, Samantha Estes prepares garments to be photographed at the ThredUp sorting facility in Phoenix. J.C. Penney and Macy’s are in the midst of rolling out a few dozen ThredUp branded shops each in time for the back-to-school shopping season. The partnerships follow a similar deal with department store retailer Stage Stores. (AP Photo/Matt York, File)
August 20, 2019 - 3:01 am
NEW YORK (AP) — Out with the new and in with the old. As department stores watch their customers flock to second-hand stores, some are trying to bring them back by partnering with online resale sites. Last week, J.C. Penney and Macy's announced a pilot program to set aside sections inside a few...
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Thomas Uhle, grow manager, tends to marijuana plants growing at GB Sciences Louisiana, in Baton Rouge, La., Tuesday, Aug. 6, 2019. Today was the first day the marijuana, which was grown for medical purposes, was processed and shipped to patients in Louisiana. (AP Photo/Gerald Herbert)
August 19, 2019 - 1:38 pm
BATON ROUGE, La. (AP) — Two weeks after Louisiana patients began receiving medical marijuana, the program is humming along without supply disruption and with thousands of people receiving the drug for medical use, regulatory officials and the head of one growing operation said Monday. John Davis,...
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FILE - In this July 4, 2019, photo, Chinese magazines with front covers featuring Chinese President Xi Jinping and U.S. President Donald Trump on trade war are placed for sale at a roadside bookstand in Hong Kong. China on Thursday, Aug. 15, 2019 threatened retaliation if Washington steps up their war over trade and technology by going ahead with planned Sept. 1 tariff hikes on additional Chinese imports. (AP Photo/Andy Wong, File)
August 15, 2019 - 11:07 pm
HONG KONG (AP) — Hong Kong's government announced tax cuts and higher social spending Thursday to reverse a deepening economic slump aggravated by anti-government protests and the U.S.-Chinese tariff war. The territory's financial secretary, Paul Chan, cut this year's official growth forecast to 0...
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