Retail industry

May 31, 2019 - 2:00 am
ATHENS, Ga. (AP) — Some University of Georgia fans will be able to buy beer during football games — but only donors who have agreed to give tens of thousands of dollars will be allowed to drink. UGA Athletic Director Greg McGarity told the Atlanta Journal-Constitution on Wednesday that beer and...
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FILE - This Aug. 23, 2018, file photo shows a window display at a Gap clothing store in Winter Park, Fla. The Gap Inc. reports financial results Thursday, May 30, 2019. (AP Photo/John Raoux, File)
May 30, 2019 - 4:30 pm
SAN FRANCISCO (AP) — Gap Inc. reported fiscal first-quarter results on Thursday that fell well short of analysts' expectations, sending the company's stock tumbling more than 10% in after-market trading. The downbeat performance comes three months after the retailer said it was creating two...
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Traders Patrick Casey, left, and Gregory Rowe work on the floor of the New York Stock Exchange, Thursday, May 30, 2019. Stocks are edging higher in early trading on Wall Street following two days of losses. (AP Photo/Richard Drew)
May 30, 2019 - 3:55 pm
Major U.S. stock indexes capped a day of listless trading with modest gains Thursday, snapping the market's two-day losing streak. A late flurry of buying helped lift the indexes, which had spent much of the day moving sideways after an early rally lost momentum. Even so, the market remained on...
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May 30, 2019 - 3:18 pm
BOSTON (AP) — Massachusetts has sued a national retailer of electronic cigarette and vaping products, alleging the company violated state law by targeting minors for sales of its merchandise, Attorney General Maura Healey announced Thursday. The complaint filed in Suffolk Superior Court alleges...
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FILE- In this Friday, Nov. 9, 2018, file photo Walmart associate Luis Gutierrez, center, checks out a customer at a Walmart Supercenter in Houston. The trade dispute between the U.S. and China is weighing on the retail sector, with shares of many in the industry falling in premarket trading, Thursday, May 30, 2019. Retail shares have seesawed of late, with companies expressing concern over tariffs squeezing their businesses. (AP Photo/David J. Phillip, File)
May 30, 2019 - 10:34 am
NEW YORK (AP) — Pressure from the trade dispute between the U.S. and China continues to weigh on the retail sector. Retailers have seen their shares seesaw this week as they express concern over tariffs squeezing their businesses. The latest is PVH Corp., owner of the Calvin Klein and Tommy...
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Trader Jonathan Corpina works on the floor of the New York Stock Exchange, Wednesday, May 29, 2019. Stocks are getting off to a weak start on Wall Street led by drops in technology and health care companies. (AP Photo/Richard Drew)
May 29, 2019 - 2:49 pm
U.S. stocks sped toward their first monthly loss of 2019 Wednesday as investors shift money into the safety of bonds while fleeing high-risk holdings in the health care and technology sectors. All the major stock indexes fell in late-afternoon trading on Wall Street as the broad sell-off put the...
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FILE - In this May 9, 2019, file photo traders Gregory Rowe and Benjamin Tuchman work on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Friday, May 24. (AP Photo/Richard Drew, File)
May 24, 2019 - 2:58 pm
Stocks rose broadly on Wall Street Friday afternoon, though the market remained on track to end a turbulent week of trading with its third straight weekly loss. Financial companies led the buying as the yield on the 10-year Treasury note reversed part of a steep slide a day earlier. Rising yields...
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FILE- This May 3, 2017, file photo shows the Target logo on a store in Upper Saint Clair, Pa. An aggressive campaign at Target to let customers do more online is paying off. The retailer on Wednesday, May 22, 2019, exceeded first quarter expectations on just about every level, saying the same day services it's rolled out in recent years drove more than 25 percent of comparable sales growth. (AP Photo/Gene J. Puskar, File)
May 22, 2019 - 9:32 am
NEW YORK (AP) — An aggressive campaign at Target to let customers do more online is paying off. The retailer exceeded first quarter expectations on just about every level, saying the same day services it's rolled out, including picking up online orders at the store, drove more than 25% of...
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May 20, 2019 - 6:09 pm
NEW YORK (AP) — Dressbarn, the women's clothing chain that's been around for nearly 60 years, is closing all 650 of its stores. The company's chief financial officer, Steven Taylor, said Dressbarn has not been operating at an "acceptable level of profitability in today's retail environment." Its...
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In this undated photograph obtained by The Associated Press, a UAV-X drone flown by Yemen's Houthi rebels is seen in Hodeida, Yemen. A Yemen rebel drone strike this week, likely by UAV-Xs, on a critical Saudi oil pipeline shows that the otherwise-peaceful sandy reaches of the Arabian Peninsula now are at risk of similar assault, including an under-construction nuclear power plant and Dubai International Airport, among the world's busiest. (AP Photo)
May 17, 2019 - 2:56 pm
NEW YORK (AP) — A rare mix of geopolitical tensions in the Middle East and China is tugging oil prices in opposite directions and creating uncertainty over where they might land. Deteriorating trade talks between the United States and China, the world's two largest economies, are posing a serious...
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