Retail and wholesale sector performance

January 31, 2019 - 5:11 am
STOCKHOLM (AP) — Swedish low-cost fashion brand Hennes & Mauritz AB said Thursday its fourth-quarter profit dropped about 10 percent to 3.5 billion kronor ($390 million) as consumers continued to shift to online shopping. The Stockholm-based group retailer said quarterly sales increased by 12...
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FILE - This June 29, 2016 file photo shows a Target store in Hialeah, Fla. Target shoppers took full advantage of the retailer’s pickup and drive up services over the holiday season, climbing 60 percent from a year earlier and making up a quarter of the chain’s online sales for the November-December period. Target Corp. also announced Thursday, Jan. 9, 2019 that sales at stores open at least a year increased 5.7 percent in the period, up from 3.4 percent a year earlier. (AP Photo/Alan Diaz)
January 10, 2019 - 5:08 pm
NEW YORK (AP) — It was supposed to be a great holiday shopping season. Many investors had expected department stores to enjoy robust sales in light of a U.S. economy buoyed by low unemployment, higher wages, strong consumer confidence and cheap gas. So when Macy's and Kohl's reported lackluster...
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Shoppers walk the halls at the Roosevelt Field Mall on Wednesday, Dec. 26, 2018 in Garden City, N.Y. Retail sales rose 5.1 percent between Nov. 1 and Dec. 24 from a year ago, according to Mastercard SpendingPulse, which tracked spending online and in stores across all payment types, including those who paid by cash or check. (Howard Schnapp/Newsday via AP)
December 26, 2018 - 5:47 pm
NEW YORK (AP) — Americans buoyed by a strong economy pushed holiday sales growth to a six-year high. Retail sales rose 5.1 percent between Nov. 1 and Dec. 24 from a year ago, according to Mastercard SpendingPulse, which tracked spending online and in stores across all payment types, including those...
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FILE- In this Nov. 29, 2018, file photo trader Timothy Nick works on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EST on Friday, Dec. 14. (AP Photo/Richard Drew, File)
December 14, 2018 - 4:09 pm
NEW YORK (AP) — The latest on developments in financial markets (all times local): 4 p.m. Stocks ended the week with a steep loss on Wall Street as the S&P 500 dropped to its lowest level since April. The benchmark index is now down almost 3 percent for the year. New concerns about slowing...
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A woman is reflected on the electronic board of a securities firm in Tokyo, Friday, Dec. 14, 2018. Asian markets tumbled on Friday after China reported weaker-than-expected economic data, stirring up worries about the state of the world's second largest economy. (AP Photo/Koji Sasahara)
December 14, 2018 - 4:36 am
SINGAPORE (AP) — European and Asian indexes wobbled on Friday after British Prime Minister Theresa May failed to get assurances for a Brexit divorce deal at an EU summit in Brussels. China reported weaker-than-expected economic data, stirring up worries about the state of the world's second largest...
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FILE- In this Dec. 6, 2018, file photo specialist Peter Mazza works at his post on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EST on Thursday, Dec. 13. (AP Photo/Richard Drew, File)
December 13, 2018 - 10:59 pm
SINGAPORE (AP) — Asian markets tumbled on Friday after China reported weaker-than-expected economic data, stirring up worries about the state of the world's second largest economy. KEEPING SCORE: Japan's Nikkei 225 index slid 1.7 percent to 21,439.16 and the Kospi in South Korea lost 1.2 percent to...
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This image taken from video shows an Amazon package containing a GPS tracker on the porch of a Jersey City, N.J. residence after its delivery Tuesday, Dec. 11, 2018. The explosion in online shopping has led to porch pirates and stoop surfers swiping holiday packages from unsuspecting residents. The cops in one New Jersey city are trying to catch the thieves with some trickery of their own. (AP Photo/Robert Bumsted)
December 12, 2018 - 9:18 am
The explosion in online shopping has led to porch pirates and stoop surfers swiping holiday packages from unsuspecting residents. The cops in one New Jersey city are trying to catch the thieves with some trickery of their own. Police in Jersey City, across the Hudson River from New York, are...
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FILE- In this Sept. 19, 2018, file photo a tractor operator picks potatoes at Brett Jensen Farms outside of Idaho Falls, Idaho. On Tuesday, Dec. 12, the Labor Department reports on U.S. producer price inflation in November. (John Roark/The Idaho Post-Register via AP, File)
December 11, 2018 - 9:20 am
WASHINGTON (AP) — U.S. wholesale prices barely rose last month as a sharp decline in the cost of gas offset pricier freight trucking services and mobile phone plans. The Labor Department said Tuesday that the producer price index — which tracks cost changes before they reach the consumer —...
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People wait in line to buy televisions as they shop during an early Black Friday sale at a Best Buy store on Thanksgiving Day Thursday, Nov. 22, 2018, in Overland Park, Kan. (AP Photo/Charlie Riedel)
November 24, 2018 - 6:39 am
NEW YORK (AP) — It would have been easy to turn on their computers at home over plates of leftover turkey and take advantage of the Black Friday deals most retailers now offer online. But across the country, thousands of shoppers flocked to stores on Thanksgiving or woke up before dawn the next day...
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November 21, 2018 - 2:24 pm
NEW YORK (AP) — In a story Nov. 20 about retailers' earnings, The Associated Press wrongly cited the reason for why TJX Cos.'s third quarter profits were squeezed. It was because of higher freight costs, not e-commerce costs. A corrected version of the story is below: Shoppers spend freely heading...
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