Retail and wholesale sector performance

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 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 - 10:01 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 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 - 9:04 am
NEW YORK (AP) — Macy's put up its sixth consecutive quarter of increases in comparable store sales fueled by its robust online business. The department store chain also smashed estimates for first quarter profits. Shares rose in premarket trading on Wednesday. Macy's report offered encouraging news...
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FILE- In this March 4, 2019, file photo a worker cleans a jet bridge before passengers boarded an Alaska Airlines flight to Portland, Ore., at Paine Field in Everett, Wash. U.S. employers are expected to have delivered a solid month of job growth in April, buoyed by a resilient economy that has confounded concerns that 2019 would begin with a slowdown. Another decent hiring gain would highlight the economy’s steady health just months after many analysts had expressed fear that growth was poised to weaken and a recession might soon occur. (AP Photo/Ted S. Warren, File)
May 03, 2019 - 5:12 pm
NEW YORK (AP) — The overall economy is adding jobs, but there's one spot that appears to be in a funk: retail. Overall, U.S. employers added 263,000 jobs in April, according to the government data released Friday. The retail sector lost 12,000 jobs that same month. That decline wasn't a blip; the...
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FILE - In this April 21, 2018, file photo a bud tender displays a jar of cannabis at the High Times 420 SoCal Cannabis Cup in San Bernardino, Calif. Businesses inside and outside the multibillion-dollar cannabis industry are using April 20, or “420,” to roll out marketing and social media messaging aimed at connecting with marijuana enthusiasts. (AP Photo/Richard Vogel, File)
April 19, 2019 - 8:57 pm
LOS ANGELES (AP) — Marijuana users have for decades celebrated their love of the drug on April 20, but the once counter-culture celebration that was all about getting stoned now is so mainstream Corporate America is starting to embrace it. No, Hallmark doesn't yet have a card to mark "420." But...
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In this undated photo provided by Best Buy, the company's chief financial and strategic transformation officer, Corie Barry, poses for a portrait. Best Buy announced that Barry, 43, will become the company's CEO effective June 11, taking over from current CEO Hubert Joly, who will become executive chairman of the board after stepping down. (Best Buy via AP)
April 15, 2019 - 1:46 pm
NEW YORK (AP) — The executive credited with reviving a struggling Best Buy is stepping aside. Hubert Joly, 59, is handing leadership of the reinvigorated electronics retailer to longtime executive Corie Barry, 43, as part of the company's succession plan effective June 11. Barry, who is currently...
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FILE - In this Aug. 29, 2018, file photo, a customer tries a free sample of a pain cream that contains cannabidiol (CBD) for her arthritis at Minnesota Hempdropz in Maplewood, Minn. Mainstream retailers are leaping into the world of products like skin creams and oils that tout such benefits as reducing anxiety and helping you sleep. The key ingredient is CBD, or cannabidiol, a compound derived from hemp and marijuana that doesn’t cause a high. (Jean Pieri/Pioneer Press via AP, File)
April 15, 2019 - 7:49 am
NEW YORK (AP) — Mainstream retailers are leaping into the world of products like skin creams and oils that tout such benefits as reducing anxiety and helping you sleep. The key ingredient? CBD, or cannabidiol, a compound derived from hemp and marijuana that doesn't cause a high. Retailers are...
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The Boeing logo appears above a trading post on the floor of the New York Stock Exchange before the opening bell, Monday, March 11, 2019. Boeing shares were predicted to fall at the open on Wall Street after the crash Sunday of a 737 Max 8 plane in Ethiopia that killed all 157 people aboard. (AP Photo/Richard Drew)
March 11, 2019 - 12:02 pm
NEW YORK (AP) — The latest on developments in financial markets (all times local): 11:55 a.m. Technology stocks are powering broad gains on Wall Street, although a drop in Boeing is weighing on the Dow Jones Industrial Average. Apple is up 3.2 percent after an analyst upgraded the stock, while...
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FILE- In this July 6, 2018, file photo prospective customers confer with sales associates as a Model 3 sits on display in a Tesla showroom in the Cherry Creek Mall in Denver. Tesla is walking back its plan to close most retail stores worldwide in a move the company says will force it to raise prices on most of its electric vehicles. The company still will move to online-only sales, but now says it won't close as many stores as originally thought. Tesla announced last month that it would shutter most of its stores to cut costs so it could sell its lower-priced Model 3 for $35,000. (AP Photo/David Zalubowski, File)
March 11, 2019 - 10:05 am
DETROIT (AP) — Tesla is walking back plans to close most of its showrooms worldwide and announced price hikes for most of its electric vehicles. Tesla announced last month that it would shutter most of its stores to cut costs so it could sell its lower-priced Model 3 for $35,000. The company...
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