Retail industry

A sale sign is displayed near the entrance of a Hallmark store Tuesday, Jan. 12, 2021, in Orlando, Fla. Retail sales fell for a third straight month, as a surge in virus cases kept people away from stores and restaurants during the holiday shopping season. The report released Friday is yet another sign that the pandemic is slowing the U.S. economy. Last month, the country lost jobs for the first time since the spring.(AP Photo/John Raoux)
January 15, 2021 - 7:45 am
NEW YORK (AP) — Retail sales fell for a third straight month as a surge in virus cases kept people away from stores during the holiday shopping season. The report released Friday is yet another sign that the pandemic is slowing the U.S. economy. Last month, the country lost jobs for the first time...
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FILE- In this Aug. 3, 2017, file photo the Dollar General store is pictured in Luther, Okla. As vaccinations continue across the U.S., some companies are offering financial incentives to encourage their workers to get the shots. Dollar General is one of the first major companies to announce extra pay for workers who get vaccinated. The Tennessee-based retailer said Wednesday, Jan. 13, 2021 it will give employees the equivalent of four hours of pay if they get the vaccine. (AP Photo/Sue Ogrocki, File)
January 14, 2021 - 2:50 pm
As vaccinations continue across the U.S., some companies are offering financial incentives to encourage their workers to get the shots. Instacart Inc., the grocery delivery service, announced Thursday that it would provide a $25 stipend for workers who get the COVID-19 vaccine. It joins others,...
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FILE - This Nov. 12, 2018 file photo hows a store sign at a Petco store in Chicago. Petco, the San Diego-based pet store chain, went public again Thursday, Jan. 14, 2021 hoping to bank on people’s obsession with their furry friends. Petco’s stock, which opened at $18 Thursday, rose 66% to $29.89 in afternoon trading, valuing the company at more than $6 billion. (AP Photo/Kiichiro Sato, File)
January 14, 2021 - 12:51 pm
NEW YORK (AP) — Petco, the pet store chain, went public again Thursday, hoping to cash in on people's obsessions with their furry pets. Petco’s stock, which opened at $18 Thursday, soared 60% to $29.26 in afternoon trading, valuing the company at more than $6 billion. It raised $864 million, after...
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January 14, 2021 - 12:14 pm
NEW YORK (AP) — Shares of Poshmark Inc. soared in their debut trading in the public markets Thursday, a testament to the strength of the online marketplace for second-hand goods even during a pandemic. The company, founded in 2011 by Manish Chandra, debuted on the Nasdaq Stock Market and is listed...
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FILE — In this Aug. 20, 2020 file photo, Connecticut Attorney General William Tong speaks to the media during a watch party for the Democratic National Convention, at Dunkin' Donuts Park, in Hartford, Conn. Connecticut authorities are investigating whether Amazon's e-book deals with certain publishers are anticompetitive and violate antitrust laws, state Attorney General William Tong said Thursday, Jan. 14, 2021. (AP Photo/Jessica Hill, File)
January 14, 2021 - 12:02 pm
HARTFORD, Conn. (AP) — Connecticut authorities are investigating whether Amazon's e-book deals with certain publishers are anticompetitive and violate antitrust laws, state Attorney General William Tong said Thursday. Tong released only a few details of the probe. He said the state attorney general...
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January 14, 2021 - 3:29 am
PARIS (AP) — France's government says it opposes the proposed 16.2 billion-euro ($19.6 billion) takeover of French supermarket chain Carrefour by Canadian convenience store group Couche-Tard. Labor Minister Elisabeth Borne said Thursday on radio Europe 1 that she is “opposed to a takeover." That...
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A senior is vaccinated against COVID-19 at a New York State vaccination site in the Jacob K. Javits Convention Center, Wednesday, Jan. 13, 2021, in New York. New York state expanded COVID-19 vaccine distribution Tuesday to people 65 and over, increasing access to an already short supply of doses being distributed. (AP Photo/Mary Altaffer)
January 13, 2021 - 1:26 pm
More Americans are now eligible to get a COVID-19 vaccine but they may still face a wait for their first shot even as supplies increase. Drugstore pharmacists are now doling out the shots in many states, and sports arenas and fairgrounds are planning big clinics. This latest push is focused for now...
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January 07, 2021 - 7:30 am
Walgreens Boots Alliance lost $308 million in its first fiscal quarter due to a big charge tied to its ownership stake in the drug wholesaler AmerisourceBergen. The drugstore chain also saw COVID-19 continue to eat away at its business, particularly in the United Kingdom, but the company’s overall...
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Shoppers wear masks as they walk around a shopping precinct in Sydney, Australia, Sunday, Jan. 3, 2021. Masks have been made mandatory in shopping centers, on public transport, in entertainment venues such as a cinema, and fines will come into effect on Monday as the state government responds to the COVID-19 outbreak on Sydney's northern beaches, which is suspected to have also caused new cases in neighboring Victoria state. (AP Photo/Mark Baker)
January 06, 2021 - 10:37 pm
CANBERRA, Australia — Australia is advancing the start of its coronavirus vaccination program to mid-February, with plans to inoculate 15% of the population by late March. The government had argued there was no reason for an emergency rollout that cut short usual regulatory processes as has...
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FILE - This June 25, 2019, file photo shows the sign outside a Walgreens Pharmacy in Pittsburgh. Walgreens Boots Alliance will sell its pharmaceutical wholesaler business to AmerisourceBergen in $6.5 billion cash and stock deal. The drugstore chain says the deal will let it invest in and focus on its retail business, which has been hurt by sales declines during the COVID-19 pandemic. (AP Photo/Gene J. Puskar, File)
KNSS News
January 06, 2021 - 11:15 am
Walgreens Boots Alliance will sell its pharmaceutical wholesale business to AmerisourceBergen in a $6.5 billion cash and stock deal. Pharmaceutical wholesalers essentially act as middlemen, purchasing drugs from manufacturers and then distributing them to customers like drugstore chains, hospitals...
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