Retail industry

FILE- In this Aug. 9, 2018, file photo, Customers stand outside Ikea's first store in India as it opened in Hyderabad, India. India is a test case for whether Ikea should keep shifting resources toward emerging economies, including Latin America and China, given the saturation of markets in Europe and the United States, and the possibility of another global recession. Six months after Ikea opened its first store in Hyderabad, the 400,000-square-foot cornucopia of furniture, linens, kitchenware and other goodies is drawing between 10,000 and 30,000 visitors per day. (AP Photo/Mahesh Kumar A, File)
February 15, 2019 - 12:23 am
HYDERABAD, India (AP) — In Hyderabad's bustling Nampally furniture market, customers explore a crowded, dusty labyrinth of shops, haggle over prices and work with carpenters to design made-to-order housewares. This is the competition Swedish giant Ikea faces in tackling the $40 billion Indian...
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FILE - In this April 19, 2010, file photo, Jill Abramson attends the 2010 Matrix Awards presented by the New York Women in Communications at the Waldorf-Astoria Hotel in New York. The former New York Times executor editor’s media critique sold just over 2,800 copies during its first week of publication, according to numbers released Thursday by NPD BookScan. (AP Photo/Evan Agostini, File)
February 14, 2019 - 5:08 pm
NEW YORK (AP) — Days of relentless publicity, much of it unwanted, did not lead to many sales for Jill Abramson's "Merchants of Truth." The former New York Times executor editor's media critique sold just over 2,800 copies during its first week of publication, according to numbers released Thursday...
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FILE- In this Feb. 5, 2019, file photo trader Michael Urkonis works on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EST on Thursday, Feb. 14. (AP Photo/Richard Drew, File)
February 14, 2019 - 3:50 pm
U.S. stock indexes wavered between small gains and losses in late-afternoon trading Thursday, regaining some ground after an early slide. A loss for the benchmark S&P 500 would break a four-day winning streak. Losses in banks and retailers offset gains in health care stocks, technology...
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February 14, 2019 - 8:33 am
WASHINGTON (AP) — U.S. retail sales fell in December, posting the biggest drop since September 2009 and delivering more evidence that last year's holiday sales fizzled unexpectedly. Even e-commerce suffered a big setback. The Commerce Department says December retail sales dropped 1.2 percent from...
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February 14, 2019 - 7:48 am
BERLIN (AP) — Austria's antitrust agency says it has initiated an investigation into online retailer Amazon over complaints of unfair trade practices on its "marketplace" platform. The Federal Competition Authority, or BWB, said Thursday it had received several complaints from Austrian retailers...
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FILE - In this May 4, 2017, file photo, Recreational Equipment, Inc. Jerry Stritzke, center, speaks to those who attended the Preview Party of the new REI Co-Op in Dillion, Colo. Officials say Stritzke, the president and CEO of outdoor retailer REI, has resigned for failing to disclose a relationship he had with the head of another organization in the outdoor industry. (Chris Dillmann/The Daily via AP, File)
February 12, 2019 - 7:23 pm
SEATTLE (AP) — Outdoor retailer REI says its president and CEO has resigned for failing to disclose a relationship with the head of another organization in the outdoor industry. REI officials at their Kent, Washington, headquarters said Tuesday that Jerry Stritzke will leave March 15. The company...
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FILE- In this Sept. 13, 2018, file photo Jeff Bezos, Amazon founder and CEO, speaks at The Economic Club of Washington's Milestone Celebration in Washington. Jeff Bezos, the world’s richest man and CEO of Amazon, is publicly accusing The National Enquirer in a blog post of trying to blackmail him by threatening to release more intimate photos of him unless he calls off an investigation into how that information was obtained in the first place. (AP Photo/Cliff Owen, File)
February 08, 2019 - 7:17 pm
NEW YORK (AP) — First it was a heart-wrenching tweet that he and his wife were getting a divorce after 25 years. Then a tabloid revealed that he'd been having an affair, releasing texts and photos of him and his mistress. As if either of those weren't distracting enough, now Jeff Bezos — the world'...
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February 06, 2019 - 4:48 am
COPENHAGEN, Denmark (AP) — Danish brewer Carlsberg said Wednesday that its 2018 net profit rose to 5.31 billion kroner ($811 million) from 1.26 billion kroner a year earlier, on strong beer sales across its major markets, boosted by unusually hot weather in western Europe and the football World Cup...
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Specialist David Haubner, left, and trader Thomas McCauley work on the floor of the New York Stock Exchange, Tuesday, Feb. 5, 2019. Stocks are opening higher on Wall Street as investors welcomed some strong earnings reports from U.S. companies. (AP Photo/Richard Drew)
February 05, 2019 - 3:24 pm
Stocks marched higher in late-afternoon trading Tuesday, placing the market on track to extend its four-day winning streak. Investors welcomed strong earnings reports from a range of U.S. companies, including several luxury retailers. Ralph Lauren and Estee Lauder surged after reporting earnings...
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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,...
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