Retail industry

November 19, 2019 - 5:26 am
Home Depot had a rocky third quarter, with revenue and a key sales figure missing analysts’ expectations. The home improvement company also cut its forecasts for full-year revenue and comparable sales. Shares dropped 5.8% before the market open on Tuesday. For the three months ended Nov. 3, Home...
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Cars block a street during a protest against a rise in gasoline prices, in the central city of Isfahan, Iran, Saturday, Nov. 16, 2019. Demonstrators angered by a 50% increase in government-set gasoline prices blocked traffic in major cities and occasionally clashed with police Saturday after a night of demonstrations punctuated by gunfire. (AP Photo)
November 16, 2019 - 7:26 pm
DUBAI, United Arab Emirates (AP) — Protesters angered by Iran raising government-set gasoline prices by 50% blocked traffic in major cities and occasionally clashed with police Saturday after a night of demonstrations punctuated by gunfire, in violence that reportedly killed at least one person...
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In this Nov. 6, 2019, photo, people shop at Books & Books, a locally owned business, in the Coconut Grove neighborhood in Miami. On Friday, Nov. 15, the Commerce Department releases U.S. retail sales data for October. (AP Photo/Lynne Sladky)
November 15, 2019 - 7:55 am
WASHINGTON (AP) — Americans stepped up their shopping last month, spending more online and buying more cars, evidence that consumers can still drive the economy’s growth. The Commerce Department said Friday that retail sales rose 0.3% in October, rebounding from a 0.3% drop the previous month...
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FILE - In this Nov. 9, 2018, file photo shoppers look at televisions at a Walmart Supercenter in Houston. Walmart Inc. reports earnings Thursday, Nov. 14, 2019. (AP Photo/David J. Phillip, File)
KNSS News
November 14, 2019 - 10:18 am
NEW YORK (AP) — Walmart is offering some holiday cheer heading into the crucial Christmas shopping season even as many of its traditional peers struggle. The nation’s largest retailer raised its annual profit expectations on Thursday after reporting strong third-quarter results helped by its...
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November 12, 2019 - 3:28 am
BRUSSELS (AP) — The European Union's top court ruled Tuesday that EU countries must oblige retailers to identify products made in Israeli settlements with special labels, in a ruling likely to spark anger in Israel. The European Court of Justice said in a statement that "foodstuffs originating in...
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In this photo taken Sunday, Nov. 10, 2019, shoppers react as they take part in a promotion ahead of Nov. 11 Singles day in Beijing. Chinese online shoppers hunt bargains on Singles Day, a holiday invented in the 1990s that has become the world's busiest day for online commerce. (AP Photo/Ng Han Guan)
November 11, 2019 - 6:45 pm
BEIJING (AP) — Chinese e-commerce giants Alibaba and JD.com reported nearly $70 billion in sales Monday on Singles Day, an annual marketing event that is the world's busiest online shopping day. The day was a temporary relief to retailers that face fading demand as Chinese consumers tighten their...
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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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This image released by Random House shows "Olive. Again," by Elizabeth Strout. Oprah Winfrey has chosen Strout’s novel as her next book club read. (Random House via AP)
November 07, 2019 - 7:45 am
NEW YORK (AP) — Oprah Winfrey has chosen Elizabeth Strout's "Olive, Again," the follow-up to Strout's Pulitzer Prize winning "Olive Kitteridge," as her next book club read. In a statement provided Thursday to The Associated Press, Winfrey praised Strout's plain-spoken title character for teaching...
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FILE - In this May 30, 2019, file photo, signs advertise new products available inside a CVS store with the new HealthHUB in Spring, Texas. CVS Health reports financial results Wednesday, Nov. 6. (AP Photo/David J. Phillip, File)
November 06, 2019 - 7:01 am
CVS Health revenue surged more than 36% in the third quarter, nearly a year after acquiring one of the nation's largest health insurers. The drugstore chain and pharmacy benefit manager also said Wednesday that it filled more prescriptions as net income climbed 10% to $1.53 billion in a performance...
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FILE - In this Nov. 22, 2018, file photo people wait in line in front of an adjacent pet store for a Best Buy store to open for an early Black Friday sale on Thanksgiving Day in Overland Park, Kan. Black Friday is Nov. 29, 2019, but it might as well be the whole month of November. (AP Photo/Charlie Riedel, File)
November 05, 2019 - 7:26 am
My husband and I have a Thanksgiving routine. Before the family arrives or the turkey is carved, we gather in the living room. As Christmas music plays in the background, he turns on his laptop, and I mine. That's when the deal hunt begins. Some people cringe at the thought of shopping on...
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