Retail industry

FILE - In this Nov. 9, 2018, file photo shoppers look at televisions at a Walmart Supercenter in Houston. Walmart Inc. reports earnings Thursday, Nov. 14, 2019. (AP Photo/David J. Phillip, File)
November 14, 2019 - 7:27 am
Walmart raised its annual profit expectations after reporting strong third-quarter results helped by its grocery business. The results, announced Thursday, offer encouraging news as it heads into the holiday shopping season and offer the latest evidence that Walmart is closing the gap between...
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November 12, 2019 - 3:28 am
BRUSSELS (AP) — The European Union's top court ruled Tuesday that EU countries must oblige retailers to identify products made in Israeli settlements with special labels, in a ruling likely to spark anger in Israel. The European Court of Justice said in a statement that "foodstuffs originating in...
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In this photo taken Sunday, Nov. 10, 2019, shoppers react as they take part in a promotion ahead of Nov. 11 Singles day in Beijing. Chinese online shoppers hunt bargains on Singles Day, a holiday invented in the 1990s that has become the world's busiest day for online commerce. (AP Photo/Ng Han Guan)
November 11, 2019 - 6:45 pm
BEIJING (AP) — Chinese e-commerce giants Alibaba and JD.com reported nearly $70 billion in sales Monday on Singles Day, an annual marketing event that is the world's busiest online shopping day. The day was a temporary relief to retailers that face fading demand as Chinese consumers tighten their...
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FILE- In this Sept. 28, 2015, file photo Art Peck, CEO of Gap, speaks at the Clinton Global Initiative in New York. Peck is stepping down as the company continues to grapple with slumping sales. Peck, who has been CEO since 2015, will be temporarily replaced by Gap's non-executive chairman of the board Robert Fisher. (AP Photo/Mark Lennihan, File)
November 07, 2019 - 7:42 pm
NEW YORK (AP) — Gap announced Thursday that CEO Art Peck is stepping down as the company struggles to turn around a long-standing sales slump. The San Francisco-based retailer also lowered its earnings outlook for the year as sales at the Gap, Banana Republic and Old Navy fell in the most recent...
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This image released by Random House shows "Olive. Again," by Elizabeth Strout. Oprah Winfrey has chosen Strout’s novel as her next book club read. (Random House via AP)
November 07, 2019 - 7:45 am
NEW YORK (AP) — Oprah Winfrey has chosen Elizabeth Strout's "Olive, Again," the follow-up to Strout's Pulitzer Prize winning "Olive Kitteridge," as her next book club read. In a statement provided Thursday to The Associated Press, Winfrey praised Strout's plain-spoken title character for teaching...
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FILE - In this May 30, 2019, file photo, signs advertise new products available inside a CVS store with the new HealthHUB in Spring, Texas. CVS Health reports financial results Wednesday, Nov. 6. (AP Photo/David J. Phillip, File)
November 06, 2019 - 7:01 am
CVS Health revenue surged more than 36% in the third quarter, nearly a year after acquiring one of the nation's largest health insurers. The drugstore chain and pharmacy benefit manager also said Wednesday that it filled more prescriptions as net income climbed 10% to $1.53 billion in a performance...
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FILE - In this Nov. 22, 2018, file photo people wait in line in front of an adjacent pet store for a Best Buy store to open for an early Black Friday sale on Thanksgiving Day in Overland Park, Kan. Black Friday is Nov. 29, 2019, but it might as well be the whole month of November. (AP Photo/Charlie Riedel, File)
November 05, 2019 - 7:26 am
My husband and I have a Thanksgiving routine. Before the family arrives or the turkey is carved, we gather in the living room. As Christmas music plays in the background, he turns on his laptop, and I mine. That's when the deal hunt begins. Some people cringe at the thought of shopping on...
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In this Wednesday, Oct. 23, 2019, photo Bullseye, a Miniature Bull Terrier and the official mascot of Target Corporation, poses for a photograph during a Target Holiday Outlook event in New York. Target Corp. says it's spending $50 million more on payroll during the fourth quarter than it did a year ago so that there'll be more workers on hand to help harried shoppers scrambling to get their shopping done in a shorter amount of time. (AP Photo/Mary Altaffer)
November 01, 2019 - 8:30 am
NEW YORK (AP) — All they want for Christmas is more time. Faced with the shortest holiday shopping season since 2013, retailers are trying to figure out ways to get into the minds of shoppers sooner. Walmart, for instance, began offering holiday deals online for toys, TVs and mini trampolines...
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October 31, 2019 - 3:53 am
HONG KONG (AP) — Business has plunged in Hong Kong's shopping districts after more than four months of protests. The government announced Thursday that the city is in a technical recession after it contracted for a second straight quarter. The once-common lines of Chinese shoppers outside luxury...
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FILE - This June 26, 2019 file photo shows a Starbucks sign outside a Starbucks coffee shop in downtown Pittsburgh. Starbucks Corp. reports financial earns on Wednesday, Oct. 30. (AP Photo/Gene J. Puskar, File)
October 30, 2019 - 3:56 pm
Starbucks Corp. ended its fiscal year on a high note as new drinks and more efficient stores drew in U.S. customers. Starbucks said same-store sales in the Americas region — or sales at stores open at least 13 months — rose 6% during the July-September period. Half that increase came from consumers...
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