Retail industry

August 23, 2018 - 1:50 pm
CLEVELAND (AP) — The national retail chain Jo-Ann Fabric wants its customers to sign an online petition and send letters to members of Congress and to the White House urging exemptions from tariffs on hundreds of products the company imports from China. A company official said Thursday that without...
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FILE - This June 15, 2017, file photo shows bagged purchases from the Kroger grocery store in Flowood, Miss. The nation’s largest grocery chain will phase out the use of plastic bags in its stores by 2025. (AP Photo/Rogelio V. Solis, File)
August 23, 2018 - 10:53 am
CINCINNATI (AP) — The nation's largest grocery chain has begun to phase out the use of plastic bags as more Americans grow uncomfortable with their impact on the environment. Kroger Co. will start Thursday at its QFC stores in and around Seattle, with the goal of using no plastic bags at those...
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A chart on a screen on the floor of the New York Stock Exchange shows the rise of the S&P 500 index since 2009, Wednesday, Aug. 22, 2018. Stocks are off to a mixed start on Wall Street as the U.S. market is poised to reach its longest-ever bull run. (AP Photo/Richard Drew)
August 22, 2018 - 8:26 am
The major U.S. stock indexes were mostly higher in morning trading Wednesday, recouping some of their losses from earlier in the day, as the S&P 500 index was poised to mark its longest bull run in history. Gains in technology stocks, retailers and energy companies outweighed losses in...
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FILE - This May 3, 2017, file photo shows a Target store in Omaha, Neb. Target Corp. reports earnings Wednesday, Aug. 22, 2018. (AP Photo/Nati Harnik, File)
August 22, 2018 - 5:07 am
MINNEAPOLIS (AP) — Heavy investments in stores and its online operations are paying off at Target, which reported strong numbers across the board in the second quarter. Sales at stores opened at least a year, a key measure for a retailer's health, rose 6.5 percent, the strongest growth in 13 years...
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FILE - In this Aug. 22, 2017, file photo, a car drives by the entrance of a Kohl's department store in Orlando, Fla. Kohl's Corp. reports earnings Tuesday, Aug. 21, 2018. (AP Photo/John Raoux, File)
August 21, 2018 - 2:56 pm
MENOMONEE FALLS, Wis. (AP) — Kohl's breezed past Wall Street's second-quarter profit and revenue expectations and raised its profit outlook for the year. Investors at first punished the stock but grew more optimistic as the day went on, pushing up the company's shares nearly 2 percent Tuesday. Like...
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August 17, 2018 - 3:14 pm
BOULDER, Colo. (AP) — Colorado will allow alcohol sales in the general concourse areas at Folsom Field for the first time in more than two decades. The university said Friday that after a four-year trial of limited beer and wine sales through "beer gardens," the sales will be extended to the...
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This undated image provided by The Kroger Co. shows an autonomous vehicle called the R1. Kroger will begin testing grocery deliveries using driverless cars outside of Phoenix. The grocery chain said the project will begin Thursday, Aug. 16, 2018, in Scottsdale, at a Fry's supermarket, which is owned by Kroger. The Toyota Prius will be used for the deliveries, manned by a human to monitor its performance. During phase two in the fall deliveries will be made by the R1 with no human aboard. (The Kroger Co. via AP)
August 16, 2018 - 7:12 am
SCOTTSDALE, Ariz. (AP) — Kroger will begin testing grocery deliveries using driverless cars outside of Phoenix. The biggest U.S. grocery chain said the project will begin Thursday in Scottsdale at a Fry's supermarket, which is owned by Kroger. Same-day or next-day delivery orders can be made online...
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August 16, 2018 - 5:41 am
PLANO, Texas (AP) — J.C. Penney reported a bigger-than-expected loss in its fiscal second quarter as a key sales metric fell well short of Wall Street's view. The department store operator also cut its full-year forecast again, and its shares plunged more than 22 percent before the market open on...
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FILE- In this Nov. 9, 2017, file photo, a man pushes a cart while shopping at a Walmart store in North Bergen, N.J. Walmart Inc. reports earnings on Thursday, Aug. 16, 2018. (AP Photo/Julio Cortez, File)
August 16, 2018 - 4:21 am
BENTONVILLE, Ark. (AP) — Walmart is raising its outlook for the year after beating all expectations for the second quarter and registering the strongest same-store sales growth in a decade. Shares surged 7 percent before the opening bell Thursday. The Bentonville, Arkansas, retailer had a loss of $...
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FILE- In this Dec. 21, 2016, file photo, the New York Stock Exchange is shown. The U.S. stock market opens at 9:30 a.m. EDT on Wednesday, Aug 15, 2018. (AP Photo/Mark Lennihan, File)
August 15, 2018 - 11:22 am
NEW YORK (AP) — Global stocks are sinking Wednesday as an unexpected drop in profits for Chinese tech giant Tencent has investors worrying about economic growth. Oil and copper prices are falling sharply. Technology and energy companies are taking some of the worst losses in the U.S., while...
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