Retail industry

January 27, 2020 - 8:46 am
BERLIN (AP) — A German privacy watchdog says it has opened an investigation into clothing retailer H&M amid evidence that the Swedish retailer had committed “massive data protection breaches” by spying on its customer service representatives in Germany. Hamburg's data protection commissioner...
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FILE - In this July 31, 2014 file photo, the U.S. and U.S. Department of Homeland Security flags fly in Karnes City, Texas. The Trump administration pledged Friday to step up efforts against the vast amounts of counterfeit clothing, medicine and other goods that have flooded into the U.S. with the rise in e-commerce. The move was announced Friday by Chad Wolf, acting secretary of the Department of Homeland Security. (AP Photo/Eric Gay)
January 24, 2020 - 8:46 pm
WASHINGTON (AP) — E-commerce has unleashed an increasing torrent of fake merchandise upon the world and private companies and the U.S. government must do more to address the problem, Trump administration officials said Friday as they released a plan aimed at cracking down on counterfeit goods. An “...
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January 16, 2020 - 4:25 pm
NEW YORK (AP) — Gap Inc. says it no longer intends to spin off Old Navy as a separate public company. The retailer said Thursday that its board scuttled the move after determining it would be too costly and complex, especially given the company's recent struggles. Its stock was up about 7% in after...
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In this Jan. 9, 2020, photo pick-up trucks are lined up for sale on the sales lot at Betley Chevrolet dealership in Derry, N.H. On Thursday, Jan. 16, the Commerce Department releases U.S. retail sales data for December. (AP Photo/Charles Krupa)
January 16, 2020 - 7:45 am
WASHINGTON (AP) — U.S. retail sales rose at a solid pace last month, evidence that Americans were willing to spend during the winter holidays after a sluggish November. The Commerce Department said Thursday that retail sales increased 0.3% in December from the previous month. Excluding sales at car...
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FILE- In this Nov. 23, 2018, file photo shoppers browse the aisles during a Black Friday sale at a Target store in Newport, Ky. Comparable stores sales at Target fell well below the previous year, joining a growing list of retailers reporting a meager performances during the critical holiday shopping season. Target said Wednesday, Jan. 15, 2020, that it had weaker-than-expected sales of electronics, toys and some home good. Those sales climbed 1.4% in the November-December period, compared with a 5.7% increase a year earlier. (AP Photo/John Minchillo, File)
Associated Press
January 15, 2020 - 8:51 am
Target's comparable store sales fell well below the previous year and it joined a growing list of retailers reporting meager performances during the critical holiday shopping season. The company cut its expectations for same-store sales growth for the entire quarter Wednesday. Shares fell almost 7...
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FILE - In this May 29, 2019, file photo, Oklahoma Attorney General Mike Hunter watches a video deposition in Norman, Okla., during the state's trial against drugmakers blamed for contributing to the opioid crisis. On Monday, Jan. 13, 2020, Hunter brought a lawsuit against three distributors of opioids after winning a lawsuit against one drug manufacturer and reaching pretrial settlements in other cases. (AP Photo/Sue Ogrocki, File)
January 13, 2020 - 6:01 pm
OKLAHOMA CITY (AP) — Oklahoma Attorney General Mike Hunter on Monday brought a lawsuit against three distributors of opioids after winning a lawsuit against one drug manufacturer and reaching pretrial settlements in other cases. Hunter filed the lawsuit in Cleveland County District Court against...
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January 12, 2020 - 2:06 pm
CAMARILLO, Calif. (AP) — The average U.S. price of regular-grade gasoline has jumped 4 cents per gallon to $2.64 over the past three weeks. Industry analyst Trilby Lundberg of the Lundberg Survey said Sunday that gas prices are unlikely to continue to increase because crude oil costs have dropped...
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Mark Carney, Governor of the Bank of England speaks at a Bank of England Financial Stability Report Press Conference, in London, Monday, Dec. 16, 2019. (AP Photo/Kirsty Wigglesworth,pool)
January 09, 2020 - 6:08 am
LONDON (AP) — U.K. interest rates could be cut as soon as this month to shore up an economy that's barely growing even as some Brexit uncertainty has dissipated, the Bank of England's outgoing chief hinted Thursday. Mark Carney said in a speech that there is a “debate” within the bank's rate-...
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FILE - In this June 25, 2019, file photo signage hangs outside a Walgreens pharmacy in downtown Cincinnati. Walgreens reports financial results on Wednesday, Jan. 8, 2020. (AP Photo/John Minchillo, File)
January 08, 2020 - 9:21 am
Walgreens is kicking off its year much as it ended its last, with a big earnings plunge. The drugstore chain said Wednesday that first-quarter net income dropped nearly 25% in a performance that fell short of Wall Street expectations. Revenue also inched up less than 2% for the drugstore chain,...
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FILE - In this May 30, 2019, file photo, a CVS store with the new HealthHUB is shown in Spring, Texas.Pharmacy chains, including CVS, are fighting claims that they're to blame for the opioid crisis in two Ohio counties. The Monday, Jan. 6, 2020, filings asked U.S. district Court Judge Dan Polster to find in the pharmacies' favor and reject claims brought by Summit and Cuyahoga counties, home to Akron and Cleveland respectively, that argue that chains such as CVS, Rite Aid and Walgreens contributed to the problem by filling an “excessive volume" of opioid prescriptions. (AP Photo/David J. Phillip, File)
January 07, 2020 - 11:21 am
COLUMBUS, Ohio (AP) — Doctors and other healthcare practitioners who write prescriptions bear ultimate responsibility for improper distribution of opioids to patients, not pharmacists who are obliged to fill those prescriptions, a series of pharmacy chains argued in federal court. The filings,...
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