Retail industry

May 31, 2019 - 3:00 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 - 5:30 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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May 30, 2019 - 4:18 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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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 - 1:57 pm
Major U.S. stock indexes edged higher in afternoon trading Thursday, barely holding on to gains after an early rally lost momentum. The market's modest pickup comes after two days of losses, which helped keep the S&P 500 on track for its fourth weekly loss and its first monthly decline of the...
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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 - 11:34 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 - 2:22 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 communications sectors. Every major index and sector fell in afternoon trading on Wall Street, putting the broader market on...
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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 - 10:32 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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FILE - In this May 16, 2018 file photo, a man enters the JC Penney store at the Manhattan mall in New York. J.C. J.C. Penney Co. (JCP) on Tuesday, May 21, 2019. reported a loss of $154 million in its fiscal first quarter. The Plano, Texas-based company said it had a loss of 48 cents per share. Losses, adjusted for one-time gains and costs, came to 46 cents per share. The results missed Wall Street expectations. (AP Photo/Mary Altaffer, File)
May 21, 2019 - 8:33 am
NEW YORK (AP) — J.C. Penney and Kohl's struggled during the start of the year, raising concern about the challenges for the department store industry ahead. Penney reported a wider than expected loss and sales declines during the first quarter while Kohl's cut its fiscal 2020 profit outlook as it...
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FILE - In this Aug. 14, 2018 file photo shows a Home Depot store in Passaic, N.J. Home Depot is reporting better than expected profit and revenue for the first quarter, though bad weather early in the year and an extra week in the fiscal year dampened the home improvement retailer’s comparable store sales. Those sales, watched closely by industry analysts, rose 2.5%, short of the 4.2% they were expecting, according to a survey by Zacks Investment Research. (AP Photo/Ted Shaffrey, File)
May 21, 2019 - 7:53 am
ATLANTA (AP) — Home Depot is reporting better than expected profit and revenue for the first quarter despite a damp start to 2019. That inclement weather and an extra week in the previous fiscal year dampened the home improvement retailer's comparable store sales. Comparable store sales, a key...
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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 - 3:56 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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