Retail industry

FILE - This Oct. 21, 2016, file photo shows a CVS drugstore and pharmacy location in Philadelphia. CVS swung back to a profit in the second quarter and easily beat expectations thanks in part to its acquisition of the health insurer Aetna. The drugstore on Wednesday, Aug. 7, 2019 reported profits of $1.94 billion, or $1.49 per share. Earnings, adjusted for one-time items, were $1.89 per share, which was 19 cents better than expected, according to a survey by Zacks Investment Research.(AP Photo/Matt Rourke, File)
August 07, 2019 - 10:31 am
CVS Health swung back to a profit in the second quarter, thanks to an influx of health insurance revenue, and the company raised its 2019 forecast beyond Wall Street expectations. Shares of the drugstore chain and pharmacy benefit manager outpaced the broader market in Wednesday trading after the...
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FILE- In this Dec. 8, 2017 file photo, UK's Union Flag, left, and the EU flag, flap in the wind outside EU headquarters in Brussels. On Thursday, Aug. 1, 2019 the European Union has told Britain's new Europe adviser David Frost that it is not prepared to renegotiate the Brexit agreement, three months before the country is due to leave the 28-nation bloc. (AP Photo/Virginia Mayo, File)
August 07, 2019 - 5:14 am
LONDON (AP) — The U.K. food industry is asking the government to set aside competition rules so companies can coordinate supply decisions to combat shortages in the event Britain leaves the European Union without an agreement on future trade relations. The Food and Drink Federation said Wednesday...
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FILE - In this July 16, 2019, file photo a pedestrian reflect in a store window at Barneys department store in New York. has filed for Chapter 11 bankruptcy protection, becoming the latest retailer unable to withstand the consumer shift to online shopping and high rents. Barneys said it’ll use the bankruptcy process to review store leases to best optimize its operations. The company also announced Tuesday, Aug. 6, that it has secured $75 million in new capital to facilitate a going concern sale process. (AP Photo/Bebeto Matthews, File)
August 06, 2019 - 6:59 am
NEW YORK (AP) — Barneys New York is filing for Chapter 11 bankruptcy protection, the latest retailer to buckle as shoppers move online and real estate costs soar. The iconic clothier founded almost a century ago will keep the doors open at its 10-story Madison Avenue store, but its secured $75...
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In this June 4, 2019 photo, job applicant Esta Williams, center, uses Tracy Simeton's back to fill out a questionnaire as they wait in line at the Seminole Hard Rock Hotel & Casino Hollywood during a job fair in Hollywood, Fla. On Friday, Aug. 2, the U.S. government issues the July jobs report. (AP Photo/Wilfredo Lee, File)
August 02, 2019 - 9:30 am
WASHINGTON (AP) — U.S. employers slowed their hiring in July but still added a solid 164,000 jobs to an economy that appears poised to extend its decade-long expansion. The unemployment rate remained at 3.7% for a second straight month, the government said Friday. Average hourly earnings rose 3.2%...
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FILE - In a Thursday, March 3, 2016 file photo, Agriculture Commissioner Mike Strain sits in the Senate Finance Committee ahead of a hearing in Baton Rouge, La. Louisiana's first medical marijuana products are one step away from pharmacies, with final testing planned for this week. Agriculture Commissioner Mike Strain, whose department oversees the therapeutic cannabis program, said if the product collected Monday, July 29, 2019 from GB Sciences is free of contaminants, medical marijuana could reach patients early next week. (AP Photo/Melinda Deslatte, File)
August 01, 2019 - 7:37 pm
BATON ROUGE, La. (AP) — Medical marijuana is expected to start reaching select pharmacy shelves in Louisiana on Tuesday, after the state agriculture department completed final testing and cleared therapeutic cannabis for release to patients. Agriculture Commissioner Mike Strain announced Thursday...
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In this June 25, 2019 photo a sign is displayed outside a McDonald's restaurant in Pittsburgh. McDonald's Corp. reports financial earnings on Friday, July 26. (AP Photo/Gene J. Puskar)
July 26, 2019 - 11:09 am
NEW YORK (AP) — McDonald's newly modernized stores and growth in delivery helped the world's largest hamburger chain serve up the biggest increase in global sales at established locations during the second quarter in seven years. The Chicago-based chain reported a 6.5 % gain in sales at locations...
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In this July 10, 2019, photo customers visit at a Starbucks in Minneapolis. Starbucks Corp. reports financial earnings on Thursday, July 25, 2019. (AP Photo/Jim Mone)
July 25, 2019 - 4:57 pm
SEATTLE (AP) — Starbucks Corp. served up an extra frothy third quarter, zooming past Wall Street's forecasts thanks to new drinks and growing loyalty. Based on the strong results, the Seattle-based coffee giant raised its full-year earnings guidance. It now expects adjusted earnings of $2.80 to $2...
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FILE - This Monday, June 17, 2019, file photo, shows 5-mg pills of Oxycodone. Two Ohio counties are asking a judge to find that drugmakers and distributors were not allowed to ship suspicious orders of controlled substances to pharmacies. If a judge sides with the request from Cuyahoga and Summit counties, it would clear the way for the governments to assert that drug companies ignored the regulations as a nationwide opioid crisis continued to grow. (AP Photo/Keith Srakocic)
July 19, 2019 - 5:56 pm
COLUMBUS, Ohio (AP) — Two Ohio counties are asking a judge to find that drugmakers and distributors were not allowed to ship suspicious orders of controlled substances to pharmacies. If a judge sides with the request from Cuyahoga and Summit counties, it would clear the way for their governments to...
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Eddie Davis walks past tributes on his way to his son Jeremy's gravestone, who died from the abuse of opioids, Wednesday, July 17, 2019, in Coalton, Ohio. Newly released prescription opioid statistics underscore how widespread pill use has been in towns and small cities of America’s Appalachian region. In Jackson County, an average yearly total of 107 opioid pills for every resident were distributed over a seven-year period. (AP Photo/John Minchillo)
July 18, 2019 - 12:29 pm
JACKSON, Ohio (AP) — The numbers are staggering: An average yearly total of 107 opioid pills per resident were distributed over a seven-year period in this rural county deep in Appalachia. The newly released federal data is shocking even to people who live here in Jackson County, where nearly...
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European Commissioner for Competition Margrethe Vestager, center, speaks with European Commissioner for Economic and Financial Affairs Pierre Moscovici, second left, and European Commissioner for Migration and Home Affairs Dimitris Avramopoulos, left, during the weekly college meeting at EU headquarters in Brussels, Wednesday, July 3, 2019. (AP Photo/Virginia Mayo)
July 17, 2019 - 3:52 pm
BRUSSELS (AP) — While the U.S. Congress talks about reining in big tech companies, Europe is taking action. The European Union said Wednesday it is investigating whether Amazon uses data from independent retailers to gain an unfair advantage, a decision that could lead to changes in how the...
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