Retail industry

FILE - In this March 16, 2016, file photo, shoppers exit the L.L. Bean retail store in Freeport, Maine. In a statement on Friday, March 15, 2019, the company said revenues grew by 1 percent in 2018, nearly flat at $1.6 billion, in a changing and challenging environment for retailers. The board on Friday awarded performance bonuses of 5 percent of pay for workers. Last year, there were no annual bonuses for the first time in a decade. (AP Photo/Robert F. Bukaty, File)
March 15, 2019 - 11:41 am
FREEPORT, Maine (AP) — L.L. Bean enjoyed a small increase in sales in the past year, enough so that it's restoring bonuses for its 5,400 eligible workers, officials said Friday. The Maine-based retailer's revenues grew by 1 percent, nearly flat at $1.6 billion, in a changing and challenging...
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This photo provided by the FDA shows Claire's Eyeshadows. Claire’s is recalling Claire's Eyeshadows and two other makeup products after U.S. regulators warned people not to use them because of possible asbestos. Last week, the Food and Drug Administration said product samples tested positive for asbestos but that Claire’s refused to issue a recall. The retailer at the time disputed the test results but said it removed the products from its stores. Now, it’s also recalling the products, which were sold between October 2016 and March 2019. (FDA via AP)
March 13, 2019 - 10:03 am
NEW YORK (AP) — The retailer Claire's is recalling three makeup products after U.S. regulators warned they might contain asbestos. Last week, the Food and Drug Administration said product samples tested positive for asbestos but that Claire's refused to recall any products that might still be in...
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The Boeing logo appears above a trading post on the floor of the New York Stock Exchange before the opening bell, Monday, March 11, 2019. Boeing shares were predicted to fall at the open on Wall Street after the crash Sunday of a 737 Max 8 plane in Ethiopia that killed all 157 people aboard. (AP Photo/Richard Drew)
March 11, 2019 - 9:56 am
NEW YORK (AP) — The latest on developments in financial markets (all times local): 9:40 a.m. Stocks are opening broadly higher on Wall Street, although a sharp drop in Boeing is pushing the Dow Jones Industrial Average lower. Boeing fell 12 percent after the second deadly crash in six months...
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FILE- In this Feb. 9, 2019, file photo, a sign bearing the company logo is displayed outside a Tesla store in Cherry Creek Mall in Denver. Tesla is walking back its plan to close most retail stores worldwide. The company says it still plans to move to fully online sales but it won’t close as many stores as originally thought. Tesla announced last month that it would shutter most of its stores to cut costs so it could make money on the $35,000 Model 3 electric car. Tesla now says it closed 10 percent of its stores, but a few of those will be reopened. (AP Photo/David Zalubowski, File)
March 11, 2019 - 9:23 am
DETROIT (AP) — Tesla is walking back its plan to close most retail stores worldwide in a move the company says will force it to raise prices on most of its electric vehicles. The company still will move to online-only sales, but now says it won't close as many stores as originally thought. Tesla...
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FILE- In this Jan. 7, 2019, file photo a customer shops in a Sears store in the Brooklyn borough of New York. On Monday, March 11, the Commerce Department releases U.S. retail sales data for December and January. (AP Photo/Mark Lennihan, File)
March 11, 2019 - 9:00 am
WASHINGTON (AP) — U.S. retail sales rose slightly in January after a sharp drop in December, reflecting caution taken by consumers amid a government shutdown and volatile stock market. Retail sales increased just 0.2 percent, the Commerce Department said Monday, after a sharp fall of 1.6 percent in...
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March 09, 2019 - 7:02 am
BOSTON (AP) — A Massachusetts doctor who pleaded with CVS to change its on-hold jingle is getting his wish. The Boston Globe reports a spokeswoman for the pharmacy chain said Friday the company is in the process of updating its voice-response phone system, including the on-hold music that Dr...
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FILE- In this Tuesday, March 5, 2019, file photo specialist Matthew Grenier works on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EST on Friday, March 8. (AP Photo/Richard Drew, File)
March 08, 2019 - 4:56 pm
Another wave of selling on Wall Street Friday left the S&P 500 with its worst weekly showing since January and its eighth loss in the last nine days. The sell-off, which lost some strength toward the end of the day, followed a surprisingly weak jobs report and more signs that the global economy...
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FILE- This June 15, 2017, file photo, shows Kroger grocery store shopping carts with the store's name in Flowood, Miss. Kroger reports financial results Thursday, March 7, 2019. (AP Photo/Rogelio V. Solis, File)
March 07, 2019 - 3:30 pm
CINCINNATI (AP) — Kroger's costly modernization plan may eventually help it compete with retailers like Walmart. But in the meantime, it's a big drag on profits. The supermarket chain's shares fell sharply Thursday after it reported weaker-than-expected fourth quarter earnings and disappointing...
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FILE- In this Feb. 15, 2019, file photo trader John Panin works on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EST on Wednesday, March 6. (AP Photo/Richard Drew, File)
March 06, 2019 - 10:09 am
NEW YORK (AP) — Stocks moved slightly lower in early trading on Wall Street as losses for energy and industrial companies offset another set of gains for retailers. The mostly wobbly trading follows a listless day as investors look for direction. Disappointing economic reports, uncertainty over...
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March 06, 2019 - 9:41 am
CHESAPEAKE, Va. (AP) — Dollar Tree is closing up to 390 Family Dollar stores this year and rebranding about 200 others under the Dollar Tree name. The company closed 84 Family Dollar stores in the fourth quarter, 37 more than originally planned. The company has said that it will renovate at least 1...
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