Retail industry

March 09, 2019 - 6:02 am
BOSTON (AP) — A Massachusetts doctor who pleaded with CVS to change its on-hold jingle is getting his wish. The Boston Globe reports a spokeswoman for the pharmacy chain said Friday the company is in the process of updating its voice-response phone system, including the on-hold music that Dr...
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FILE- In this Tuesday, March 5, 2019, file photo specialist Matthew Grenier works on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EST on Friday, March 8. (AP Photo/Richard Drew, File)
March 08, 2019 - 3:56 pm
Another wave of selling on Wall Street Friday left the S&P 500 with its worst weekly showing since January and its eighth loss in the last nine days. The sell-off, which lost some strength toward the end of the day, followed a surprisingly weak jobs report and more signs that the global economy...
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FILE- In this Feb. 15, 2019, file photo trader John Panin works on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EST on Wednesday, March 6. (AP Photo/Richard Drew, File)
March 06, 2019 - 2:03 pm
Stocks marched lower on Wall Street in Wednesday afternoon trading, placing the market on track for its third straight loss. Health care, technology and energy companies accounted for the bulk of the market's slide, offsetting gains in materials and utilities stocks. Several retailers also rose...
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FILE - This Aug. 19, 2014 photo shows the Family Dollar store in Ridgeland, Miss. Dollar Tree is closing up to 390 Family Dollar stores this year and rebranding about 200 others under the Dollar Tree name. The company closed 84 Family Dollar stores in the fourth quarter, 37 more than originally planned. (AP Photo/Rogelio V. Solis, File)
March 06, 2019 - 12:58 pm
NEW YORK (AP) — Dollar Tree Inc. is closing up to 390 Family Dollar stores this year and rebranding about 200 others under the Dollar Tree name. The company also slashed the value of its struggling Family Dollar chain, booking a $2.73 billion charge in its fiscal fourth quarter. That led to a...
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FILE- In this Nov. 22, 2018, file photo people stream inside of Target at the beginning of the Black Friday period in Charleston, W.V. Retailers like Walmart, Target and Best Buy that have been responding faster to a more competitive landscape with expanded delivery services and spruced up stores are enjoying strong sales. (Craig Hudson/The Charleston Gazette-Mail via AP, File)
March 05, 2019 - 2:53 pm
NEW YORK (AP) — The 2018 holiday season turned out to be a mixed bag for retailers, with some of them defying a gloomy government report in December that raised concerns that shoppers were hunkering down everywhere. Retailers like Walmart, Target and Best Buy that have been responding faster to a...
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March 05, 2019 - 6:00 am
MINNEAPOLIS (AP) — Strong online sales, traffic growth in newly remodeled stores and expanded delivery options pushed target beyond most expectations in the crucial fourth quarter, when retailers ring up holiday sales. The Minneapolis retailer reported a 31 percent spike in comparable digital sales...
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March 04, 2019 - 2:48 pm
A top U.S. regulator wants to meet with Walgreens leaders to discuss whether the drugstore chain has a problem with illegal tobacco sales to minors. Scott Gottlieb of the Food and Drug Administration said Monday Walgreens is a top violator among drugstores that sell tobacco products including...
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March 04, 2019 - 4:02 am
LONDON (AP) — The CEO of fashion retailer Ted Baker has resigned after allegations that he enforced a "hugging" culture at the company. Ray Kelvin had been forced to take a leave of absence last year following the allegations of harassment. Kelvin denies the allegation. Executive Chairman David...
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This combination of images shows Walmart greeters, clockwise from top left, John Combs in Vancouver, Wash., Ashley Powell in Galena, Ill., Mitchell Hartzell in Hazel Green, Ala., and Adam Catlin in Selinsgrove, Pa. Combs, Powell, Hartzell and Catlin are among disabled Walmart greeters threatened with job loss as Walmart transforms the greeter position into one that’s more physically demanding. After more than a week of backlash, Greg Foran, president and CEO of Walmart's U.S. stores, said in a memo to store managers Thursday, Feb. 28, 2019, that "we are taking some specific steps to support" greeters with disabilities. (Rachel Wasser/Tamara Ambrose/Gina Hopkins/Holly Catlin via AP)
March 01, 2019 - 4:57 pm
Walmart endured more than a week's worth of bad publicity before announcing publicly that it was making "every effort" to find a role for disabled workers who had been threatened with job loss as the retailer gets rid of greeters at 1,000 stores. Amid a fierce backlash, Greg Foran, president and...
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FILE- In this Feb. 15, 2019, file photo trader Tommy Kalikas works on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EST on Friday, March 1. (AP Photo/Richard Drew, File)
March 01, 2019 - 3:58 pm
Health care and technology companies helped lift U.S. stocks higher Friday, breaking a three-day losing streak for the S&P 500 and giving the benchmark index its fifth consecutive weekly gain. Renewed optimism for a potential resolution to the U.S.-China trade conflict helped put investors in a...
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