Retail and wholesale sector performance

FILE - This May 22, 2018 file photo shows Stephen King at the 2018 PEN Literary Gala in New York. With independent bookstores shut down nationwide, a new online seller is offering help. In January, Andy Hunter launched Bookshop.org. Simon & Schuster is adding buy buttons for Bookshop.org to all of its websites and promoting Bookshop through emails and elsewhere online. It also has enlisted numerous authors, among them Stephen King, Susan Orlean and Jason Reynolds, to get the word out about Bookshop on social media and elsewhere. (Photo by Evan Agostini/Invision/AP, File)
1010 WINS Newsroom
April 02, 2020 - 2:25 pm
Andy Hunter, founder of a new online sales outlet for independent booksellers, had seen a crisis building well before the coronavirus pandemic shut down many of the country's stores. "Between 2015 and 2018, I saw this big jump in the percentage of weekly sales for physical books that were going to...
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A person wearing protective masks due to coronavirus fears walks past a boarded up business in Philadelphia, Tuesday, March 24, 2020. (AP Photo/Matt Rourke)
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March 24, 2020 - 8:16 pm
The rapid spread of the coronavirus since it was first reported in China has dealt an unprecedented shock to the global economy. Here's a look at developments Tuesday as central banks, businesses and workers attempt to navigate a global outbreak that has brought economic activity to a standstill...
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FILE- In this Nov. 29, 2019, file photo customers shop at a Kohl's store in Colma, Calif. Retail sales fell 0.5% in February 2020 indicating the consumer sector was slowing even before the coronavirus struck with force in the United States. The Commerce Department reported Tuesday, March 17, 2020 that the February drop in sales followed a solid 0.6% gain in January. (AP Photo/Jeff Chiu, File)
1010 WINS Newsroom
March 17, 2020 - 12:05 pm
WASHINGTON (AP) — Retail sales fell 0.5% in February, the largest drop in more than a year, indicating that the consumer sector was slowing even before the coronavirus struck with force in the United States. Economists said they were looking for even weaker numbers in coming months. The Commerce...
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In this Tuesday, March 10, 2020, security guards patrolling the quiet Wangfujing shopping, a usually popular tourist spot before the new coronavirus outbreak in Beijing. China's consumer spending and other business activity fell even more than expected in January and February due to its virus outbreak, adding to the ruling Communist Party's challenges as it tries to revive the world's second-largest economy. (AP Photo/Andy Wong)
1010 WINS Newsroom
March 16, 2020 - 3:52 am
BEIJING (AP) — China’s consumer spending and factory activity fell more than expected in January and February as it fought a virus outbreak, prompting some forecasters to warn this year’s economic growth might slump to its lowest level since the 1970s. Retail sales fell 20.5% from a year ago after...
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FILE - In this Aug. 27, 2013, file photo, workers load large containers of nectarines for sorting at Eastern ProPak Farmers Cooperative in Glassboro, N.J. U.S. wholesale prices fell 0.6% in February 2020, the biggest decline in five years, led by a sharp drop in energy costs. The Labor Department said the decline in its producer price index, which measures price pressures before they reach the consumer, followed a 0.5% rise in January. It was the sharpest decline since a similar 0.6% drop in January 2015. (AP Photo/Mel Evans, File)
1010 WINS Newsroom
March 12, 2020 - 8:49 am
WASHINGTON (AP) — U.S. wholesale prices fell 0.6% in February, the biggest decline in five years, led by a sharp drop in energy costs. The Labor Department said the decline in its producer price index, which measures price pressures before they reach the consumer, followed a 0.5% rise in January...
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FILE - In this Feb. 5, 2020, file photo workers sort through tomatoes after they are washed before being inspected and packed, in Florida City, Fla. On Wednesday, Feb. 19, the Labor Department releases the Producer Price Index for January. (AP Photo/Wilfredo Lee, File)
1010 WINS Newsroom
February 19, 2020 - 9:04 am
WASHINGTON (AP) — U.S. producer prices climbed last month at fastest pace since October 2018 as higher prices for services more than offset a drop in the cost of energy. The Labor Department said Wednesday that its producer price index, which measures inflationary pressures before they reach the...
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In this Tuesday, Feb. 18, 2020, photo, a delivery worker for Chinese e-commerce giant JD.com prepares for the morning round of deliveries from a distribution center in Beijing, China. JD and rivals including Pinduoduo, Miss Fresh and Alibaba Group's Hema are scrambling to fill a boom in orders while protecting their employees. E-commerce is one of the few industries to thrive after anti-virus controls starting in late January closed factories, restaurants, cinemas, offices and shops nationwide and extinguished auto and real estate sales. (AP Photo/Ng Han Guan)
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February 18, 2020 - 10:47 pm
BEIJING (AP) — Wang Feng, house-bound by China’s virus outbreak, counts on the parka-clad delivery drivers of e-commerce giant JD.com to keep her kitchen stocked. Demand for online food vendors has surged since China’s government told the public to stay home as part of the most sweeping anti-...
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FILE - In this Jan. 29, 2020, file photo, Tony Bonczewski repairs a heel on a customer's shoe at his cobbler shop in Wilkes-Barre, Pa. Small business owners have received some upbeat news on the economy this month. Retail sales figures released Friday showed that consumers were inspired by unseasonably warm weather to spend on their homes in January, but that overall sales growth was modest. (Aimee Dilger/The Times Leader via AP, File)
1010 WINS Newsroom
February 18, 2020 - 3:29 pm
Small business owners have received some upbeat news on the economy this month. Retail sales figures released Friday showed that consumers were inspired by unseasonably warm weather to spend on their homes in January, but that overall sales growth was modest. The Commerce Department reported a 0.3...
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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)
1010 WINS Newsroom
February 18, 2020 - 10:54 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, where there are hundreds of Walmart stores, cut into international sales. Walmart also delivered a weak profit forecast for the...
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FILE - In this Jan. 22, 2020, file photo a person walks by a retail clothing store in Valley West Mall in West Des Moines, Iowa. On Friday, Feb. 14, the Commerce Department releases U.S. retail sales data for January. (AP Photo/Andrew Harnik, File)
1010 WINS Newsroom
February 14, 2020 - 8:35 am
WASHINGTON (AP) — U.S. retail sales rose a modest 0.3% in January, a slight improvement over December, as unseasonably warm weather boosted sales at hardware stores and furniture stores. The Commerce Department said Friday that the January advance followed a 0.2% rise in sales in December. The...
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