Retail industry

FILE- In this Aug. 9, 2018, file photo the logo for Rite Aid is displayed above a trading post on the floor of the New York Stock Exchange. Rite Aid will chop its share count by about 95% to make the remaining shares valuable enough to remain on the New York Stock Exchange. The struggling drugstore chain’s board has approved a 1-for-20 ratio for a reverse stock split that shareholders backed in a vote last month. That will cut the company’s share count from nearly 1.1 billion to about 54 million. (AP Photo/Richard Drew, File)
April 11, 2019 - 8:23 am
Rite Aid will chop its share count by about 95% in a bid to push the remaining shares above minimum trading requirements on the New York Stock Exchange. The board of the struggling drugstore chain approved a 1-for-20 ratio for a reverse stock split after shareholders did the same last month. That...
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FILE - This Jan. 18, 2017, file photo shows a CVS Pharmacy in Pittsburgh. CVS Health is expanding same-day prescription deliveries nationwide in the latest push by drugstores to keep customers who don’t want to wait and are doing more shopping online. (AP Photo/Gene J. Puskar, File)
April 04, 2019 - 10:43 am
CVS Health is expanding same-day prescription deliveries nationwide in the latest push by drugstores to keep customers who don't want to wait and are doing more shopping online. The drugstore chain says it can deliver medications and other products within a few hours to homes or offices from 6,000...
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Country music star Brad Paisley operates a backhoe as he breaks ground for The Store, a free grocery store for people in need, Wednesday, April 3, 2019, in Nashville, Tenn. (AP Photo/Mark Humphrey)
April 03, 2019 - 4:12 pm
NASHVILLE, Tenn. (AP) — Country star Brad Paisley took the controls of a backhoe to dig up the first pile of dirt in the space that will become a free grocery store to support needy families in Nashville, Tennessee. Paisley donned a cowboy hat-shaped construction helmet for part of Wednesday's...
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Acting Baltimore Mayor Jack Young talks to reporters after meeting with state senators who represent Baltimore on Tuesday, April 2, 2019 in Annapolis. Young has become acting mayor after Catherine Pugh abruptly announced Monday that she's taking a leave of absence to "focus on her health" amid a political scandal about involving book sales. (AP Photo/Brian Witte)
April 02, 2019 - 1:51 pm
ANNAPOLIS, Md. (AP) — Baltimore's acting mayor told legislators Tuesday that the city "is in good hands" until the mayor decides whether to return after abruptly announcing a leave of absence to "focus on her health" amid a political scandal about "self-dealing" book sales. Mayor Catherine Pugh...
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FILE- In this June 25, 2018, file photo shows a Walgreens store in Peoria, Ariz. Walgreens Boots Alliance, Inc. reports financial earns on Tuesday, April 2, 2019. (AP Photo/Ross D. Franklin, File)
April 02, 2019 - 8:27 am
Walgreens slashed its 2019 forecast after falling short of expectations in what its CEO described as the most difficult quarter since the company was formed a few years ago. The nation's largest drugstore chain now expects adjusted earnings per share growth to be flat this year, compare to a...
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Candles appear at a makeshift memorial for rapper Nipsey Hussle in the parking lot of his Marathon Clothing store in Los Angeles, Monday, April 1, 2019. Hussle was killed in a shooting outside the store on Sunday. (AP Photo/Ringo H.W. Chiu)
April 01, 2019 - 10:19 pm
LOS ANGELES (AP) — The Latest on the shooting death of rapper Nipsey Hussle (all times local): 3 p.m. Investigators say rapper Nipsey Hussle died from gunshot wounds to his head and torso. The Los Angeles County coroner released the findings after completing an autopsy Monday on Hussle, whose real...
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FILE- In this March 14, 2019, file photo people attend the opening of a Piaget store during the opening night of The Shops & Restaurants at Hudson Yards in New York. On Monday, April 1, the Commerce Department releases U.S. retail sales data for February. (AP Photo/Mark Lennihan, File)
April 01, 2019 - 4:11 pm
WASHINGTON (AP) — U.S. retail sales fell in February, as consumers pulled back their spending on building materials, groceries, furniture, electronics and clothing amid signs of a slowing economy. The Commerce Department said Monday that retail sales fell 0.2 percent in February, after posting an...
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FILE- In this March 12, 2019, file photo a handheld device of trader Sal Suarino is reflected in his glasses as he works on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Thursday, March 21. (AP Photo/Richard Drew, File)
March 21, 2019 - 5:12 pm
Technology companies powered a broad rally for U.S. stocks Thursday, snapping the market's two-day losing streak. Apple and chipmakers led the wave of buying, helping to drive the technology sector to an overall gain of 2.5 percent. The sector is up 21.1 percent this year so far, well ahead of the...
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Levi Strauss CEO Chip Bergh, left, is joined by CFO Harmit Singh as he rings a ceremonial bell when his company's IPO begins trading on the floor of the New York Stock Exchange, Thursday, March 21, 2019. Levi Strauss & Co., which gave America its first pair of blue jeans, is going public for the second time. The 166-year-old company, which owns the Dockers and Denizen brands, previously went public in 1971, but the namesake founder's descendants took it private again in 1985. (AP Photo/Richard Drew)
March 21, 2019 - 12:44 pm
NEW YORK (AP) — Levi Strauss & Co., which gave America its first pair of blue jeans, is public for the second time. The stock, which is listed under the ticker "LEVI," opened for trading on Thursday up 31 percent on very strong demand and recently changed hands at $22.90, up $5.90. The offering...
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March 15, 2019 - 3:58 pm
A police officer and three firefighters were among seven people indicted this week in an alleged $50 million prescription drug scheme involving public employees, the latest charges in an investigation that has already produced nearly two dozen guilty pleas. A 50-count indictment unsealed Friday by...
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