Retail industry

FILE- In this July 6, 2018, file photo prospective customers confer with sales associates as a Model 3 sits on display in a Tesla showroom in the Cherry Creek Mall in Denver. Tesla is walking back its plan to close most retail stores worldwide in a move the company says will force it to raise prices on most of its electric vehicles. The company still will move to online-only sales, but now says it won't close as many stores as originally thought. Tesla announced last month that it would shutter most of its stores to cut costs so it could sell its lower-priced Model 3 for $35,000. (AP Photo/David Zalubowski, File)
March 11, 2019 - 10:27 am
DETROIT (AP) — Tesla is walking back plans to close most of its showrooms worldwide and announced price hikes for most of its electric vehicles. Tesla announced last month that it would shutter most of its stores to cut costs so it could sell its lower-priced Model 3 for $35,000. The company...
Read More
FILE- In this Jan. 7, 2019, file photo a customer shops in a Sears store in the Brooklyn borough of New York. On Monday, March 11, the Commerce Department releases U.S. retail sales data for December and January. (AP Photo/Mark Lennihan, File)
March 11, 2019 - 8:00 am
WASHINGTON (AP) — U.S. retail sales rose slightly in January after a sharp drop in December, reflecting caution taken by consumers amid a government shutdown and volatile stock market. Retail sales increased just 0.2 percent, the Commerce Department said Monday, after a sharp fall of 1.6 percent in...
Read More
March 09, 2019 - 6:02 am
BOSTON (AP) — A Massachusetts doctor who pleaded with CVS to change its on-hold jingle is getting his wish. The Boston Globe reports a spokeswoman for the pharmacy chain said Friday the company is in the process of updating its voice-response phone system, including the on-hold music that Dr...
Read More
FILE- In this Tuesday, March 5, 2019, file photo specialist Matthew Grenier works on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EST on Friday, March 8. (AP Photo/Richard Drew, File)
March 08, 2019 - 3:56 pm
Another wave of selling on Wall Street Friday left the S&P 500 with its worst weekly showing since January and its eighth loss in the last nine days. The sell-off, which lost some strength toward the end of the day, followed a surprisingly weak jobs report and more signs that the global economy...
Read More
FILE- This June 15, 2017, file photo, shows Kroger grocery store shopping carts with the store's name in Flowood, Miss. Kroger reports financial results Thursday, March 7, 2019. (AP Photo/Rogelio V. Solis, File)
March 07, 2019 - 2:30 pm
CINCINNATI (AP) — Kroger's costly modernization plan may eventually help it compete with retailers like Walmart. But in the meantime, it's a big drag on profits. The supermarket chain's shares fell sharply Thursday after it reported weaker-than-expected fourth quarter earnings and disappointing...
Read More
FILE - This Aug. 19, 2014 photo shows the Family Dollar store in Ridgeland, Miss. Dollar Tree is closing up to 390 Family Dollar stores this year and rebranding about 200 others under the Dollar Tree name. The company closed 84 Family Dollar stores in the fourth quarter, 37 more than originally planned. (AP Photo/Rogelio V. Solis, File)
March 06, 2019 - 12:58 pm
NEW YORK (AP) — Dollar Tree Inc. is closing up to 390 Family Dollar stores this year and rebranding about 200 others under the Dollar Tree name. The company also slashed the value of its struggling Family Dollar chain, booking a $2.73 billion charge in its fiscal fourth quarter. That led to a...
Read More
FILE- In this Nov. 22, 2018, file photo people stream inside of Target at the beginning of the Black Friday period in Charleston, W.V. Retailers like Walmart, Target and Best Buy that have been responding faster to a more competitive landscape with expanded delivery services and spruced up stores are enjoying strong sales. (Craig Hudson/The Charleston Gazette-Mail via AP, File)
March 05, 2019 - 2:53 pm
NEW YORK (AP) — The 2018 holiday season turned out to be a mixed bag for retailers, with some of them defying a gloomy government report in December that raised concerns that shoppers were hunkering down everywhere. Retailers like Walmart, Target and Best Buy that have been responding faster to a...
Read More
FILE - This May 3, 2017, file photo shows a Target store in Omaha, Neb. Strong online sales and more shoppers helped push Target’s fourth-quarter results past Wall Street’s expectations. The chain’s remodeling and expanded delivery services enticed shoppers to buy during the critical holiday season. The retailer reported a 31 percent jump in comparable digital sales, with same-store sales up 5.3 percent. (AP Photo/Nati Harnik, File)
March 05, 2019 - 7:00 am
MINNEAPOLIS (AP) — Strong online sales, traffic growth in newly remodeled stores and expanded delivery options pushed Target beyond most expectations in the crucial fourth quarter, when retailers ring up holiday sales. Target, which is fighting with Walmart as well as Amazon for online dominance,...
Read More
FILE- In this Monday, Nov. 7, 2016, file photo, the sun rises over the skyline in Abu Dhabi, United Arab Emirates. A prominent Dubai bank is warning that non-oil companies across the United Arab Emirates have cut staff at their sharpest rate in nearly a decade amid an economic slowdown. (AP Photo/Kamran Jebreili, File)
March 05, 2019 - 3:06 am
DUBAI, United Arab Emirates (AP) — A leading Dubai bank warned on Tuesday that non-oil companies across the United Arab Emirates have cut staff at their sharpest rate in nearly a decade amid an economic slowdown. A report by Emirates NBD, which is majority owned by Dubai's government, said it...
Read More
This combination of images shows Walmart greeters, clockwise from top left, John Combs in Vancouver, Wash., Ashley Powell in Galena, Ill., Mitchell Hartzell in Hazel Green, Ala., and Adam Catlin in Selinsgrove, Pa. Combs, Powell, Hartzell and Catlin are among disabled Walmart greeters threatened with job loss as Walmart transforms the greeter position into one that’s more physically demanding. After more than a week of backlash, Greg Foran, president and CEO of Walmart's U.S. stores, said in a memo to store managers Thursday, Feb. 28, 2019, that "we are taking some specific steps to support" greeters with disabilities. (Rachel Wasser/Tamara Ambrose/Gina Hopkins/Holly Catlin via AP)
March 01, 2019 - 4:57 pm
Walmart endured more than a week's worth of bad publicity before announcing publicly that it was making "every effort" to find a role for disabled workers who had been threatened with job loss as the retailer gets rid of greeters at 1,000 stores. Amid a fierce backlash, Greg Foran, president and...
Read More

Pages