Retail industry

FILE - In this May 9, 2019, file photo trader Fred DeMarco works on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Thursday, May 16. (AP Photo/Richard Drew, File)
May 16, 2019 - 3:11 pm
Stocks marched higher on Wall Street for the third straight day Thursday, erasing the big plunge they took at the start of the week on worries about the worsening trade fight between China and the U.S. Technology stocks, health care companies and banks accounted for much of the market's broad gains...
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FILE - In this April 24, 2019, file photo a Walmart associate works at a Walmart Neighborhood Market in Levittown, N.Y. Walmart Inc. reports earnings on Thursday, May 16. (AP Photo/Mark Lennihan, File)
May 16, 2019 - 8:09 am
NEW YORK (AP) — Walmart delivered a mixed bag in the first quarter, beating Wall Street expectations on profit, but revenue fell short. The nation's largest retailer posted another quarter of same-stores sales growth Thursday, while e-commerce sales soared. There are challenges ahead, however, as...
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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 15, 2019 - 1:12 pm
NEW YORK (AP) — Stocks shook off an early slump and marched higher in afternoon trading Wednesday, led by solid gains in Microsoft, Facebook and Google. The flip-flop marked the latest reversal for a stock market that has been whipsawed by worries over the worsening trade relationship between China...
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FILE- In this Feb. 17, 2019, file photo rows of unsold 2019 Escape sports-utility vehicles sit in long rows at a Ford dealership in Broomfield, Colo. On Wednesday, May 15, the Commerce Department releases U.S. retail sales data for April. (AP Photo/David Zalubowski, File)
May 15, 2019 - 9:07 am
WASHINGTON (AP) — U.S. retail sales declined last month, as Americans cut back their spending on clothes, appliances, and home and garden supplies. Sales dropped 0.2% in April, the Commerce Department said Wednesday, after a big 1.7% jump in March. Car sales dropped 1.1% last month and sales at...
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FILE- This May 2, 2017, file photo shows corporate signage at Macy's flagship store in New York. Macy's Inc. reports financial results Wednesday, May 15, 2019. (AP Photo/Bebeto Matthews, File)
May 15, 2019 - 8:19 am
CINCINNATI (AP) — Macy's is putting up its sixth consecutive quarter of rising comparable store sales thanks in part to another doubling of online sales. The Cincinnati department store on Wednesday reported a first quarter profit of $136 million, or 44 cents per share. That far exceeds Wall Street...
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FILE- In this May 31, 2018, file photo customers enter the Apple store in New York. The Supreme Court is allowing consumers to pursue an antitrust lawsuit that claims Apple has unfairly monopolized the market for the sale of iPhone apps. (AP Photo/Mark Lennihan, File)
May 14, 2019 - 7:47 am
WASHINGTON (AP) — Consumers can pursue a lawsuit complaining that iPhone apps cost too much, the Supreme Court ruled on Monday, adding to Apple's woes that already include falling iPhone sales and a European investigation. The lawsuit could have major implications for the tech giant's handling of...
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FILE - This June 1, 2017, file photo, shows a Walmart sign at a store in Hialeah Gardens, Fla. Walmart is rolling out next-day delivery on its most popular items, raising the stakes in the retail shipping wars. The nation’s largest retailer says Tuesday, May 13, 2019, it's been building its own network of more efficient e-commerce distribution centers to enable the faster delivery. (AP Photo/Alan Diaz, File)
May 14, 2019 - 6:30 am
NEW YORK (AP) — Walmart is rolling out free next-day delivery on its most popular items, increasing the stakes in the retail shipping wars. The nation's largest retailer said Tuesday it's been building a network of more efficient e-commerce distribution centers to make that happen. The next-day...
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FILE - This July 18, 2018, file photo, shows a display of back to school backpacks in Pittsburgh. The latest round of China tariff hikes, which went into effect Friday, May 10, 2019. will hit a range of consumer goods, including, backpacks, furniture and seafood. (AP Photo/Gene J. Puskar, File)
May 10, 2019 - 3:43 pm
WASHINGTON (AP) — With the Trump administration more than doubling tariffs on billions of dollars of Chinese imports, will Americans soon see higher prices on store shelves? Yes, but it may take a few weeks. U.S. import taxes on $200 billion of Chinese goods jumped to 25% on Friday, from 10%, as...
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FILE - In this Oct. 5, 2007, file photo, an American flag flies in front of the Walmart Stores Inc. headquarters in Bentonville, Ark. Walmart said Wednesday, May 8, 2019, that it will raise the minimum age for tobacco products and e-cigarettes to 21 in an effort to combat tobacco sales to minors. The world’s largest retailer says the new rule will take effect in July, and will also include its Sam’s Club warehouse stores. (AP Photo/April L. Brown, File)
May 08, 2019 - 1:38 pm
NEW YORK (AP) — Walmart said Wednesday that it will raise the minimum age to buy tobacco products and e-cigarettes at its U.S. stores to 21 amid growing pressure from regulators to cut tobacco sales and use among minors. The world's largest retailer also said it will also stop selling fruit and...
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This Thursday, May 2, 2019, photo shows a sign posted on a door alerting customers that cash is not accepted at Freshroll Vietnamese Rolls and Bowls in San Francisco. San Francisco is about to require brick-and-mortar retailers to take cash in payment for goods, joining Philadelphia and New Jersey in banning a practice that critics say discriminates against the poor. (AP Photo/Jeff Chiu)
May 07, 2019 - 1:27 am
SAN FRANCISCO (AP) — San Francisco is about to require brick-and-mortar retailers to take cash as payment, joining Philadelphia and New Jersey in banning a growing paperless practice that critics say discriminates against low-income people who may not have access to credit cards. The Board of...
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