Retail industry

FILE- This May 3, 2017, file photo shows the Target logo on a store in Upper Saint Clair, Pa. An aggressive campaign at Target to let customers do more online is paying off. The retailer on Wednesday, May 22, 2019, exceeded first quarter expectations on just about every level, saying the same day services it's rolled out in recent years drove more than 25 percent of comparable sales growth. (AP Photo/Gene J. Puskar, File)
May 22, 2019 - 10:32 am
NEW YORK (AP) — An aggressive campaign at Target to let customers do more online is paying off. The retailer exceeded first quarter expectations on just about every level, saying the same day services it's rolled out, including picking up online orders at the store, drove more than 25% of...
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FILE - In this May 16, 2018 file photo, a man enters the JC Penney store at the Manhattan mall in New York. J.C. J.C. Penney Co. (JCP) on Tuesday, May 21, 2019. reported a loss of $154 million in its fiscal first quarter. The Plano, Texas-based company said it had a loss of 48 cents per share. Losses, adjusted for one-time gains and costs, came to 46 cents per share. The results missed Wall Street expectations. (AP Photo/Mary Altaffer, File)
May 21, 2019 - 12:53 pm
NEW YORK (AP) — The outlook for department stores got murkier Tuesday after J.C. Penney and Kohl's reported fiscal first quarter results that showed they struggled at the start of the year. Penney, which has been trying to turn around its business for several years after a disastrous reinvention...
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FILE - In this Aug. 14, 2018 file photo shows a Home Depot store in Passaic, N.J. Home Depot is reporting better than expected profit and revenue for the first quarter, though bad weather early in the year and an extra week in the fiscal year dampened the home improvement retailer’s comparable store sales. Those sales, watched closely by industry analysts, rose 2.5%, short of the 4.2% they were expecting, according to a survey by Zacks Investment Research. (AP Photo/Ted Shaffrey, File)
May 21, 2019 - 7:53 am
ATLANTA (AP) — Home Depot is reporting better than expected profit and revenue for the first quarter despite a damp start to 2019. That inclement weather and an extra week in the previous fiscal year dampened the home improvement retailer's comparable store sales. Comparable store sales, a key...
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May 20, 2019 - 7:09 pm
NEW YORK (AP) — Dressbarn, the women's clothing chain that's been around for nearly 60 years, is closing all 650 of its stores. The company's chief financial officer, Steven Taylor, said Dressbarn has not been operating at an "acceptable level of profitability in today's retail environment." Its...
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FILE - In this April 24, 2019, file photo a Walmart associate works at a Walmart Neighborhood Market in Levittown, N.Y. Walmart Inc. reports earnings on Thursday, May 16. (AP Photo/Mark Lennihan, File)
May 16, 2019 - 12:28 pm
NEW YORK (AP) — Walmart warned on Thursday that higher tariffs on imports from China will mean higher prices. The comments came after the nation's largest retailer reported its best sale performance at its established U.S. namesake stores for the fiscal first quarter in nine years. It marked 19...
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FILE - In this May 9, 2019, file photo traders Gregory Rowe and Benjamin Tuchman work on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Friday, May 24. (AP Photo/Richard Drew, File)
May 15, 2019 - 1:21 pm
NEW YORK (AP) — Stocks shook off an early slump and marched higher in afternoon trading Wednesday, led by solid gains in Microsoft, Facebook and Google. The flip-flop marked the latest reversal for a stock market that has been whipsawed by worries over the worsening trade relationship between China...
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FILE- This May 2, 2017, file photo shows corporate signage at Macy's flagship store in New York. Macy's Inc. reports financial results Wednesday, May 15, 2019. (AP Photo/Bebeto Matthews, File)
May 15, 2019 - 12:26 pm
NEW YORK (AP) — Macy's customers may finally start to feel the impact of President Donald Trump's trade war with China. Like many department stores and general merchandise retailers, Macy's had been left largely unscathed by the first several rounds of tariffs since they focused more on industrial...
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FILE- In this Feb. 17, 2019, file photo rows of unsold 2019 Escape sports-utility vehicles sit in long rows at a Ford dealership in Broomfield, Colo. On Wednesday, May 15, the Commerce Department releases U.S. retail sales data for April. (AP Photo/David Zalubowski, File)
May 15, 2019 - 9:07 am
WASHINGTON (AP) — U.S. retail sales declined last month, as Americans cut back their spending on clothes, appliances, and home and garden supplies. Sales dropped 0.2% in April, the Commerce Department said Wednesday, after a big 1.7% jump in March. Car sales dropped 1.1% last month and sales at...
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FILE - This June 1, 2017, file photo, shows a Walmart sign at a store in Hialeah Gardens, Fla. Walmart is rolling out next-day delivery on its most popular items, raising the stakes in the retail shipping wars. The nation’s largest retailer says Tuesday, May 13, 2019, it's been building its own network of more efficient e-commerce distribution centers to enable the faster delivery. (AP Photo/Alan Diaz, File)
May 14, 2019 - 9:55 am
NEW YORK (AP) — Walmart is rolling out free next-day delivery on its most popular items, increasing the stakes in the retail shipping wars with Amazon. The nation's largest retailer said Tuesday it's been building a network of more efficient e-commerce distribution centers to make that happen. The...
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FILE- In this May 31, 2018, file photo customers enter the Apple store in New York. The Supreme Court is allowing consumers to pursue an antitrust lawsuit that claims Apple has unfairly monopolized the market for the sale of iPhone apps. (AP Photo/Mark Lennihan, File)
May 14, 2019 - 7:47 am
WASHINGTON (AP) — Consumers can pursue a lawsuit complaining that iPhone apps cost too much, the Supreme Court ruled on Monday, adding to Apple's woes that already include falling iPhone sales and a European investigation. The lawsuit could have major implications for the tech giant's handling of...
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