Apparel and accessories retail

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)
March 17, 2020 - 8:19 am
WASHINGTON (AP) — Retail sales fell 0.5% in February, indicating the consumer sector was slowing even before the coronavirus struck with force in the United States. The Commerce Department reported Tuesday that the February drop in sales followed a solid 0.6% gain in January. The February decline...
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A parking lot attendant walks through a typically full parking lot now largely empty over people staying home due to the worldwide coronavirus pandemic in Dubai, United Arab Emirates, Monday, March 16, 2020. For most people, the new coronavirus causes only mild or moderate symptoms. For some it can cause more severe illness. (AP Photo/Jon Gambrell)
KNSS News
March 16, 2020 - 1:36 pm
Global markets and businesses big and small opened the week to a landscape seemingly altered by the coronavirus pandemic. National retail chains have closed all stores. Banks are taking steps to keep cash on hand, lots of it. Markets in Asia, Europe and the U.S. are plunging. Following is a quick...
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FILE - This June 25, 2019, file photo shows the entrance to a Walmart in Pittsburgh. Walmart, the nation’s largest retailer and private employer, said late Saturday, March 14, 2020, it is limiting store hours to ensure they can keep sought-after items such as hand sanitizer in stock amid the coronavirus pandemic. (AP Photo/Gene J. Puskar, File)
March 15, 2020 - 10:02 pm
WASHINGTON (AP) — United Airlines will slash 50% of its flying capacity in April and May and warns the cuts could extend into the peak summer travel season as the impact of the new coronavirus on airlines grows more dire. Bookings are plummeting and cancellations soaring as the virus continues to...
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CEO of Swedish telecom giant Ericsson, Borje Ekholm talks to the media after presenting the company's 2019 full year result at the Ericsson headquarters in Stockholm, Sweden, on Friday Jan. 24, 2020. (Fredrik Sandberg / TT via AP)
February 07, 2020 - 4:27 pm
BEIJING (AP) — More than a month after the outbreak of China's deadly virus, the economic damage is being felt by more businesses and is threatening the outlook for the global economy. In a report Friday, the Federal Reserve warned that the virus represents an international risk. “The recent...
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FILE - In this Jan. 22, 2020, file photo a store front is closed below an Express retail clothing store in Valley West Mall in West Des Moines, Iowa. On Tuesday, Jan. 28, the Conference Board reports on U.S. consumer confidence for January. (AP Photo/Andrew Harnik, File)
KNSS News
February 03, 2020 - 8:33 am
A consortium of buyers, including mall owners Simon Property Group and Brookfield Property Partners, is bidding $81 million for Forever 21, the ubiquitous mall staple that filed for bankruptcy protection in September. Simon and Brookfield are Forever 21's biggest landlords. The other bidder is...
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January 27, 2020 - 8:46 am
BERLIN (AP) — A German privacy watchdog says it has opened an investigation into clothing retailer H&M amid evidence that the Swedish retailer had committed “massive data protection breaches” by spying on its customer service representatives in Germany. Hamburg's data protection commissioner...
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January 16, 2020 - 4:25 pm
NEW YORK (AP) — Gap Inc. says it no longer intends to spin off Old Navy as a separate public company. The retailer said Thursday that its board scuttled the move after determining it would be too costly and complex, especially given the company's recent struggles. Its stock was up about 7% in after...
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FILE - This April 10, 2012 file photo shows the production department at fashion giant Inditex's headquarters where Zara fashion garments are designed in La Coruna, Spain. Inditex, the retail giant that owns Zara, H&M and many other brands, announced a sustainability pledge in July, for example, saying it wants all its clothes to be made from sustainable or recycled fabrics by 2025. (AP Photo/Jesus Sancho, File)
December 26, 2019 - 11:18 am
LONDON (AP) — Sustainability in fashion is a hot button topic, with retailers large and small racing to prove their green credentials, but the desire for new attire churns and the industry remains one of the world's largest polluters as climate activists and watchdogs sound alarms. The industry is...
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FILE - In this Nov. 21, 2013, file photo, with the Empire State building in the background, the Macy's logo is illuminated on the front of the department store in New York. Macy's Inc. (M) on Thursday, Nov. 21, 2019, reported fiscal third-quarter net income of $2 million. The Cincinnati-based company said it had net income of 1 cent per share. Earnings, adjusted for one-time gains and costs, came to 7 cents per share. (AP Photo/Mark Lennihan, File)
KNSS News
November 21, 2019 - 4:04 pm
NEW YORK (AP) — There’s more trouble for the nation’s malls heading into the crucial holiday shopping season. A slew of mall-based clothing retailers delivered weak third-quarter earnings reports in recent days, the latest indication of shoppers’ increasing shift online and away from traditional...
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FILE- In this Sept. 28, 2015, file photo Art Peck, CEO of Gap, speaks at the Clinton Global Initiative in New York. Peck is stepping down as the company continues to grapple with slumping sales. Peck, who has been CEO since 2015, will be temporarily replaced by Gap's non-executive chairman of the board Robert Fisher. (AP Photo/Mark Lennihan, File)
November 07, 2019 - 7:42 pm
NEW YORK (AP) — Gap announced Thursday that CEO Art Peck is stepping down as the company struggles to turn around a long-standing sales slump. The San Francisco-based retailer also lowered its earnings outlook for the year as sales at the Gap, Banana Republic and Old Navy fell in the most recent...
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