Retail industry

FILE- In this Jan. 30, 2019, file photo a buyer wanders between display walls of coats at the Outdoor Retailer & Snow Show in the Colorado Convention Center in Denver. The National Retail Federation, the nation's largest retail trade group, is forecasting that retail sales could grow between 3.8 percent and 4.4 percent to more than $3.8 trillion this year as shoppers remain in a mood to spend in a strong economy. (AP Photo/David Zalubowski, File)
February 05, 2019 - 1:43 pm
NEW YORK (AP) — The National Retail Federation, the nation's largest retail trade group, forecasts that retail sales should grow between 3.8 percent and 4.4 percent to more than $3.8 trillion this year as shoppers remain in the mood to spend in a strong economy and job market. The forecast,...
Read More
February 04, 2019 - 2:42 pm
BOSTON (AP) — In a story Jan. 31 about a lawsuit filed by Massachusetts against drugmaker Purdue Pharma, The Associated Press erroneously described the type of business the company McKinsey conducts. It is the management consulting firm, not a drug distributor. Also, the AP erroneously reported the...
Read More
FILE - This July 17, 2018, file photo, shows the corporate headquarters of Papa John's pizza located on their campus, in Louisville, Ky. Starboard is investing $200 million into Papa John’s and has named its CEO as chairman of the pizza chain. Starboard Value LP said Monday, Feb. 4, 2019, that CEO Jeffrey Smith will serve as chairman of Papa John’s.. (AP Photo/Timothy D. Easley, File)
February 04, 2019 - 2:03 pm
LOUISVILLE, Ky. (AP) — Struggling pizza company Papa John's has turned to activist investment firm Starboard Value to help it engineer a turnaround. Starboard CEO Jeff Smith will become chairman of Papa John's board. Also named to the board are Anthony Sanfilippo, the former chairman and CEO of...
Read More
FILE- In this Dec. 28, 2018, file photo trader Jonathan Corpina, right works on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EST on Friday, Feb. 1. (AP Photo/Richard Drew, File)
February 01, 2019 - 4:56 pm
Stocks capped a bumpy day of trading Friday with modest gains, extending the market's winning streak to its third straight day. Gains in technology companies, energy stocks and banks outweighed losses in retailers and elsewhere in the market. Major indexes were higher much of the morning as...
Read More
In this Dec. 5, 2018, photo a box is scanned and weighed before at the Amazon fulfillment center on Staten Island borough of New York. Amazon reports financial results Thursday, Jan. 31, 2019. (AP Photo/Mary Altaffer)
January 31, 2019 - 7:25 pm
NEW YORK (AP) — Amazon had another strong holiday season: Its quarterly profit topped $3 billion for the first time as revenue grew across many of its businesses, including online shopping, advertising and cloud computing. The company, however, issued an estimate for the current quarter's revenue...
Read More
In this Wednesday, Jan. 30, 2019, photograph, buyers pass by a sign in the Patagonia exhibit at the Outdoor Retailer & Snow Show in the Colorado Convention Center in Denver. Major players in the outdoor industry jumped into the political fight over national monuments two years ago and now have added climate change and sustainable manufacturing to their portfolio. (AP Photo/David Zalubowski)
January 31, 2019 - 1:11 pm
DENVER (AP) — Two years after jumping into a fight with the Trump administration over public lands, the U.S. outdoor industry is turning up the political pressure — though its impact is difficult to measure. Thousands of manufacturers and retailers gathered in Denver starting Wednesday for the...
Read More
Lollipops handmade in the EU are displayed at the international candy fair ISM in Cologne, Germany, Wednesday, Jan. 30, 2019. Approx. 5 % of German production of sweets, with a value of around 800 million Euro, is exported to the important United Kingdom market. (AP Photo/Martin Meissner7
January 31, 2019 - 11:43 am
COLOGNE, Germany (AP) — German gummy bears, chocolate and licorice are popular sweets in Britain, but aficionados there might have to start stockpiling if they don't want to go cold turkey when the country leaves the European Union. German candy retailers are worried that exporting sweets to the...
Read More
January 31, 2019 - 5:11 am
STOCKHOLM (AP) — Swedish low-cost fashion brand Hennes & Mauritz AB said Thursday its fourth-quarter profit dropped about 10 percent to 3.5 billion kronor ($390 million) as consumers continued to shift to online shopping. The Stockholm-based group retailer said quarterly sales increased by 12...
Read More
FILE- In this Aug. 8, 2018, file photo employees stand in McDonald's Chicago flagship restaurant. McDonald's reports earnings Wednesday, Jan. 30, 2019. (AP Photo/Nam Y. Huh, File)
January 30, 2019 - 12:38 pm
McDonald's says modernized stores and growth in delivery helped bring in more customers globally last year, but lower store traffic in the U.S. remains a concern. The world's biggest hamburger chain said sales rose 4.4 percent at established locations in the fourth quarter and 4.5 percent for the...
Read More
FILE- In this Dec. 17, 2018, file photo varistas work in the new Starbucks Reserve Roastery in New York. Starbucks Corp. reports financial results Thursday, Jan. 24, 2019. (AP Photo/Mark Lennihan, File)
January 24, 2019 - 6:41 pm
SEATTLE (AP) — Improved U.S. holiday sales helped Starbucks Corp. achieve better-than-expected results in its fiscal first quarter. After a disappointing holiday in 2017, Starbucks made some changes. This past year, holiday drinks went on sale earlier and the company removed some merchandise from...
Read More

Pages