Retail and wholesale

FILE- This May 3, 2017, file photo shows the Target logo on a store in Upper Saint Clair, Pa. Target reported strong fourth-quarter profits, though its sales were weighed down by weak toy and electronics sales during the crucial holiday shopping season. Target joins a string of other retailers, including Walmart, with disappointing sales during the shortest holiday shopping period since 2013. (AP Photo/Gene J. Puskar, File)
March 03, 2020 - 7:37 am
NEW YORK (AP) — Target reported strong fourth-quarter profits, though its sales were weighed down by weak demand for toy and electronics during the crucial holiday shopping season. Target joins a string of other retailers with disappointing sales during the shortest holiday shopping period since...
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This circa 1985 photo provided by Esme Gibson shows Joe Coulombe, the founder of the Trader Joe's market chain, at his home in Pasadena, Calif. Coulombe, the man who created Trader Joe's markets with a vision that college-educated but poorly paid young people would buy healthy foods if they could only afford them, has died. Coulombe's family says he died Friday, Feb. 28, 2020 at age 89. He opened the first of his quirky, nautically themed markets in Pasadena, California, in 1967. He stocked it with granola, organic foods and other items he bought directly from suppliers to hold prices down. Trader Joe's now has more than 500 stores in over 40 states. (Image by Esme via AP)
February 29, 2020 - 2:10 am
LOS ANGELES (AP) — Joe Coulombe envisioned a new generation of young grocery shoppers emerging in the 1960s, one that wanted healthy, tasty, high-quality food they couldn’t find in most supermarkets and couldn’t afford to buy in the few high-end gourmet outlets. So he found a new way to bring...
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Trader Fred DeMarco works on the floor of the New York Stock Exchange, Friday, Feb. 28, 2020. Global stock markets are falling further on spreading virus fears. (AP Photo/Richard Drew)
February 28, 2020 - 5:18 pm
Stocks sank around the globe again Friday as investors braced for more economic pain from the coronavirus outbreak, sending U.S. markets to their worst weekly finish since the 2008 financial crisis. The damage from the week of relentless selling was eye-popping: The Dow Jones Industrial Average...
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FILE- In this Feb. 23, 2018, file photo sales associate Bob Henriques, of Framingham, Mass., moves items at a Lowe's retail home improvement and appliance store, in Framingham. Lowe's Cos. delivered weaker-than-expected sales for the fiscal fourth quarter and offered an annual forecast that came below Wall Street expectations. The report, issued Wednesday, Feb. 26, 2020, sent shares down in early morning trading. (AP Photo/Steven Senne, File)
February 26, 2020 - 3:35 pm
NEW YORK (AP) — Lowe's Cos. on Wednesday reported weaker-than-expected sales for its fiscal fourth quarter and offered an annual forecast that came below Wall Street expectations. During a call with analysts, Lowe's CEO Marvin Ellison blamed the sales shortfall on the timing of its marketing...
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FILE- In this July 1, 2013 file photo, is the exterior of the Mallinckrodt Pharmaceuticals office in St. Louis. The generic drugmaker Mallinckrodt has a tentative $1.6 billion deal to settle lawsuits over its role in the U.S. opioid crisis, it announced Tuesday, Feb. 25, 2020. The deal is intended to end hundreds of lawsuits faced by the company over opioids. (Whitney Curtis/AP Images for Mallinckrodt, File)
February 26, 2020 - 12:07 am
Mallinckrodt Pharmaceuticals doled out lavish perks for top U.S. employees who hit or beat sales goals for prescription opioids and other drugs: six-figure bonuses and a chance to snag a coveted “President's Club” award, which could mean vacations to Hawaii, the Caribbean or Mexico. The company...
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In this Feb. 21, 2020 photo, a worker pushes a cart inside an Amazon Go Grocery store set to open soon in Seattle's Capitol Hill neighborhood. Following the opening of several smaller convenience-type stores using an app and cashier-less technology to tally shoppers' selections, the store will be the first Amazon Go full-sized cashier-less grocery store. (AP Photo/Ted S. Warren)
February 25, 2020 - 5:39 pm
NEW YORK (AP) — Amazon wants to kill the supermarket checkout line. The online retailing giant is opening its first cashier-less supermarket, where shoppers can grab milk or eggs and walk out without waiting in line or ever opening their wallets. It's the latest sign that Amazon is serious about...
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FILE - In this Nov. 29, 2019, file photo a shopper leaves Macy's department store with bags in both hands during Black Friday shopping in New York. Macy's reports financial results on Tuesday, Feb. 25, 2020. (AP Photo/Bebeto Matthews)
February 25, 2020 - 9:29 am
NEW YORK (AP) — Macy's reported stronger-than-expected sales and profits for the fourth quarter less than a month after it announced a major restructuring. Shares rose 3% before the opening bell Tuesday but gave up those gains in morning trading along with the broader markets. The quarterly report...
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In this Monday, Jan. 27, 2020 photo a passer-by, below left, walks toward an entrance to a Home Depot store location, in Boston. Home Depot Inc. reports financial results on Tuesday, Feb. 25. (AP Photo/Steven Senne)
February 25, 2020 - 8:20 am
Home Depot reported a better-than-expected fourth quarter with strong comparable-store sales. The home improvement retailer also boosted its quarterly dividend by 10%. Shares rose 3% in premarket trading Tuesday. “Home Depot’s numbers are important as they, perhaps more than those of other...
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FILE- In this Nov. 8, 2018, file photo model Devon Windsor walks the runway during the 2018 Victoria's Secret Fashion Show at Pier 94 in New York. Victoria's Secret's owner, L Brands, said that the private-equity firm Sycamore Brands will buy 55% of Victoria's Secret for about $525 million. Victoria's Secret will become a private company. (Photo by Evan Agostini/Invision/AP, File)
February 20, 2020 - 3:54 pm
NEW YORK (AP) — Victoria's Secret, which once defined sexy with its leggy supermodels in their lacy bras and oversized angel wings, has a new owner. Now, the big question is whether the once sought after but now struggling brand can be reinvented for a new generation of women demanding more...
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FILE - This June 25, 2019, file photo shows the entrance to a Walmart in Pittsburgh. Walmart is reporting disappointing fourth-quarter profits and sales. The nation's largest retailer says that sales at its U.S. stores heading into the holiday season were weaker than expected. It also said that social unrest in Chile hurt its business. (AP Photo/Gene J. Puskar, File)
February 18, 2020 - 6:48 am
NEW YORK (AP) — Walmart reported disappointing fourth-quarter profits and sales after a sluggish and shortened holiday shopping season. Violent social protests in Chile cut into international sales. Walmart also delivered a weak profit forecast for the year, sending shares down about 1% before the...
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