Retail industry

Chairman of Reliance Industries Limited Mukesh Ambani, center, arrives for the Annual General Meeting of Reliance Industries Limited in Mumbai, India, Monday, Aug. 12, 2019. (AP Photo/Rajanish Kakade)
August 12, 2019 - 8:48 am
NEW DELHI (AP) — Oil giant Saudi Aramco is set to buy 20% of Indian conglomerate Reliance Industries' oil and chemicals business for about $15 billion, in a deal that gives it further heft and diversity ahead of a long-awaited IPO. For India, the preliminary agreement amounts to one of the country'...
Read More
A TuffyPack ballistic shield sits on top of a backpack it will be inserted into before a shooting demonstration at the Shiloh Shooting Range, Friday, August 9, 2019, in Houston. The company produces some bullet-resistant backpacks but the bulk of the business is in removable ballistic shields that are inserted in backpacks. (AP Photo/Michael Wyke)
August 09, 2019 - 3:57 pm
NEW YORK (AP) — Companies like Guard Dog Security, TuffyPacks and Bullet Blocker are peddling bullet-resistant backpacks for children in time for the back-to-school shopping season. But critics argue they are using tragedy as a marketing opportunity and exploiting parents' worst fears. Safety is...
Read More
FILE - This Oct. 21, 2016, file photo shows a CVS drugstore and pharmacy location in Philadelphia. CVS swung back to a profit in the second quarter and easily beat expectations thanks in part to its acquisition of the health insurer Aetna. The drugstore on Wednesday, Aug. 7, 2019 reported profits of $1.94 billion, or $1.49 per share. Earnings, adjusted for one-time items, were $1.89 per share, which was 19 cents better than expected, according to a survey by Zacks Investment Research.(AP Photo/Matt Rourke, File)
August 07, 2019 - 10:31 am
CVS Health swung back to a profit in the second quarter, thanks to an influx of health insurance revenue, and the company raised its 2019 forecast beyond Wall Street expectations. Shares of the drugstore chain and pharmacy benefit manager outpaced the broader market in Wednesday trading after the...
Read More
FILE- In this Dec. 8, 2017 file photo, UK's Union Flag, left, and the EU flag, flap in the wind outside EU headquarters in Brussels. On Thursday, Aug. 1, 2019 the European Union has told Britain's new Europe adviser David Frost that it is not prepared to renegotiate the Brexit agreement, three months before the country is due to leave the 28-nation bloc. (AP Photo/Virginia Mayo, File)
August 07, 2019 - 5:14 am
LONDON (AP) — The U.K. food industry is asking the government to set aside competition rules so companies can coordinate supply decisions to combat shortages in the event Britain leaves the European Union without an agreement on future trade relations. The Food and Drink Federation said Wednesday...
Read More
FILE - In this July 30, 2019, file photo Walmart employees gather in a nearby parking lot after a shooting at the store in Southaven, Miss. The discounter has dealt with thousands of violent crimes at its stores across the country, including one that took place less than a week ago at a store in Mississippi where a disgruntled worker killed two co -workers and wounded a police officer. (AP Photo/Brandon Dill, File)
August 06, 2019 - 11:36 am
NEW YORK (AP) — Like most retailers, Walmart is accustomed to the everyday dealings of shoplifters. Now, it's confronting a bigger threat: active shooters. Three days after a man opened fire at one of its stores in El Paso, Texas, and left at least 22 dead , the nation's largest retailer is faced...
Read More
FILE - In this July 16, 2019, file photo a pedestrian reflect in a store window at Barneys department store in New York. has filed for Chapter 11 bankruptcy protection, becoming the latest retailer unable to withstand the consumer shift to online shopping and high rents. Barneys said it’ll use the bankruptcy process to review store leases to best optimize its operations. The company also announced Tuesday, Aug. 6, that it has secured $75 million in new capital to facilitate a going concern sale process. (AP Photo/Bebeto Matthews, File)
August 06, 2019 - 6:59 am
NEW YORK (AP) — Barneys New York is filing for Chapter 11 bankruptcy protection, the latest retailer to buckle as shoppers move online and real estate costs soar. The iconic clothier founded almost a century ago will keep the doors open at its 10-story Madison Avenue store, but its secured $75...
Read More
FILE - In a Thursday, March 3, 2016 file photo, Agriculture Commissioner Mike Strain sits in the Senate Finance Committee ahead of a hearing in Baton Rouge, La. Louisiana's first medical marijuana products are one step away from pharmacies, with final testing planned for this week. Agriculture Commissioner Mike Strain, whose department oversees the therapeutic cannabis program, said if the product collected Monday, July 29, 2019 from GB Sciences is free of contaminants, medical marijuana could reach patients early next week. (AP Photo/Melinda Deslatte, File)
August 01, 2019 - 7:37 pm
BATON ROUGE, La. (AP) — Medical marijuana is expected to start reaching select pharmacy shelves in Louisiana on Tuesday, after the state agriculture department completed final testing and cleared therapeutic cannabis for release to patients. Agriculture Commissioner Mike Strain announced Thursday...
Read More
In this June 25, 2019 photo a sign is displayed outside a McDonald's restaurant in Pittsburgh. McDonald's Corp. reports financial earnings on Friday, July 26. (AP Photo/Gene J. Puskar)
July 26, 2019 - 11:09 am
NEW YORK (AP) — McDonald's newly modernized stores and growth in delivery helped the world's largest hamburger chain serve up the biggest increase in global sales at established locations during the second quarter in seven years. The Chicago-based chain reported a 6.5 % gain in sales at locations...
Read More
In this July 10, 2019, photo customers visit at a Starbucks in Minneapolis. Starbucks Corp. reports financial earnings on Thursday, July 25, 2019. (AP Photo/Jim Mone)
July 25, 2019 - 4:57 pm
SEATTLE (AP) — Starbucks Corp. served up an extra frothy third quarter, zooming past Wall Street's forecasts thanks to new drinks and growing loyalty. Based on the strong results, the Seattle-based coffee giant raised its full-year earnings guidance. It now expects adjusted earnings of $2.80 to $2...
Read More
FILE - This Monday, June 17, 2019, file photo, shows 5-mg pills of Oxycodone. Two Ohio counties are asking a judge to find that drugmakers and distributors were not allowed to ship suspicious orders of controlled substances to pharmacies. If a judge sides with the request from Cuyahoga and Summit counties, it would clear the way for the governments to assert that drug companies ignored the regulations as a nationwide opioid crisis continued to grow. (AP Photo/Keith Srakocic)
July 19, 2019 - 8:53 pm
COLUMBUS, Ohio (AP) — Companies that make and distribute opioids didn't abide by a requirement that they refuse to ship orders of the powerful prescription painkillers when they deemed them suspicious, helping fuel a national addiction and overdose crisis, two Ohio counties said in a legal filing...
Read More

Pages