Retail industry

February 24, 2019 - 2:04 pm
CAMARILLO, Calif. (AP) — The average U.S. price of regular-grade gasoline is up 10 cents a gallon (3.8 liters) over the past two weeks, to $2.44. Industry analyst Trilby Lundberg of the Lundberg Survey says Sunday that the jump follows a rise in crude oil costs. Lundberg says the price at the pump...
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February 22, 2019 - 12:28 pm
DETROIT (AP) — AutoNation, the country's largest auto dealership chain, went outside the auto industry to find its new chief executive, appointing a top leader from the USAA financial services company. The Fort Lauderdale, Florida, chain announced Friday that Carl Liebert will take over for the...
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February 20, 2019 - 1:10 pm
LONDON (AP) — British regulators say the proposed supermarkets merger between Sainsbury's and Walmart's Asda unit would push up prices and reduce quality for shoppers, casting doubt on a deal that would create the country's biggest grocery chain. It also serves as yet another regulatory blow to...
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FILE- In this May 18, 2006, file photo a worker puts the finishing touches on a sign unveiling the company's new look at a Payless Shoesource store at a mall in Independence, Mo. Payless ShoeSource has filed for Chapter 11 bankruptcy protection and is shuttering its remaining stores in North America. The filing on Monday, Feb. 18, 2019, came a day after the shoe chain began holding going-out-of-business sales at its North American stores. (AP Photo/Charlie Riedel, File)
February 20, 2019 - 8:37 am
TOPEKA, Kan. (AP) — The failing Payless ShoeSource chain will honor gift cards and store credit until March 11 as the company liquidates all operations. The Topeka, Kansas, company, which filed for bankruptcy protection this week, will allow returns and exchanges of non-final sale items through the...
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FILE- In this Nov. 9, 2018, file photo shoppers look at toys at a Walmart Supercenter in Houston. Walmart Inc. reports financial results Tuesday, Feb. 19, 2019. (AP Photo/David J. Phillip, File)
February 19, 2019 - 3:15 pm
NEW YORK (AP) — Walmart defied a gloomy government retail sales report for December, delivering fiscal fourth-quarter profits and sales that beat Wall Street expectations. The world's largest retailer also enjoyed another quarter of surging e-commerce sales during the critical holiday period as it...
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FILE- In this May 18, 2006, file photo a worker puts the finishing touches on a sign unveiling the company's new look at a Payless Shoesource store at a mall in Independence, Mo. Payless ShoeSource has filed for Chapter 11 bankruptcy protection and is shuttering its remaining stores in North America. The filing on Monday, Feb. 18, 2019, came a day after the shoe chain began holding going-out-of-business sales at its North American stores. (AP Photo/Charlie Riedel, File)
February 19, 2019 - 2:39 pm
NEW YORK (AP) — Payless ShoeSource has filed for Chapter 11 bankruptcy protection and is shuttering its remaining stores in North America. The filing on Monday came a day after the shoe chain began holding going-out-of-business sales at its North American stores. The company, based in Topeka,...
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FILE- This Aug. 23, 2006, file photo shows a Payless store front is seen in Philadelphia. Paylesss ShoeSource is shuttering all of its 2,100 remaining stores in the U.S. and Puerto Rico, joining a list of iconic names like Toys R Us and Bon-Ton that have been shuttered in the last year. The Topeka, Kansas-based chain said Friday, Feb. 15, 2019 it will hold liquidation sales starting Sunday and wind down its e-commerce operations. (AP Photo/Matt Rourke, File)
February 15, 2019 - 7:36 pm
NEW YORK (AP) — Payless ShoeSource is shuttering all of its 2,100 remaining stores in the U.S. and Puerto Rico, joining a list of iconic names like Toys R Us and Bon-Ton that have closed down in the last year. The Topeka, Kansas-based chain said Friday it will hold liquidation sales starting Sunday...
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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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