Retail industry

Specialist David Haubner, left, and trader Thomas McCauley work on the floor of the New York Stock Exchange, Tuesday, Feb. 5, 2019. Stocks are opening higher on Wall Street as investors welcomed some strong earnings reports from U.S. companies. (AP Photo/Richard Drew)
February 05, 2019 - 2:24 pm
Stocks marched higher in late-afternoon trading Tuesday, placing the market on track to extend its four-day winning streak. Investors welcomed strong earnings reports from a range of U.S. companies, including several luxury retailers. Ralph Lauren and Estee Lauder surged after reporting earnings...
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FILE- In this Jan. 30, 2019, file photo a buyer wanders between display walls of coats at the Outdoor Retailer & Snow Show in the Colorado Convention Center in Denver. The National Retail Federation, the nation's largest retail trade group, is forecasting that retail sales could grow between 3.8 percent and 4.4 percent to more than $3.8 trillion this year as shoppers remain in a mood to spend in a strong economy. (AP Photo/David Zalubowski, File)
February 05, 2019 - 12:43 pm
NEW YORK (AP) — The National Retail Federation, the nation's largest retail trade group, forecasts that retail sales should grow between 3.8 percent and 4.4 percent to more than $3.8 trillion this year as shoppers remain in the mood to spend in a strong economy and job market. The forecast,...
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February 04, 2019 - 1:42 pm
BOSTON (AP) — In a story Jan. 31 about a lawsuit filed by Massachusetts against drugmaker Purdue Pharma, The Associated Press erroneously described the type of business the company McKinsey conducts. It is the management consulting firm, not a drug distributor. Also, the AP erroneously reported the...
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FILE- In this Dec. 28, 2018, file photo trader Jonathan Corpina, right works on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EST on Friday, Feb. 1. (AP Photo/Richard Drew, File)
February 01, 2019 - 3:56 pm
Stocks capped a bumpy day of trading Friday with modest gains, extending the market's winning streak to its third straight day. Gains in technology companies, energy stocks and banks outweighed losses in retailers and elsewhere in the market. Major indexes were higher much of the morning as...
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In this Wednesday, Jan. 30, 2019, photograph, buyers pass by a sign in the Patagonia exhibit at the Outdoor Retailer & Snow Show in the Colorado Convention Center in Denver. Major players in the outdoor industry jumped into the political fight over national monuments two years ago and now have added climate change and sustainable manufacturing to their portfolio. (AP Photo/David Zalubowski)
January 31, 2019 - 12:11 pm
DENVER (AP) — Two years after jumping into a fight with the Trump administration over public lands, the U.S. outdoor industry is turning up the political pressure — though its impact is difficult to measure. Thousands of manufacturers and retailers gathered in Denver starting Wednesday for the...
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Lollipops handmade in the EU are displayed at the international candy fair ISM in Cologne, Germany, Wednesday, Jan. 30, 2019. Approx. 5 % of German production of sweets, with a value of around 800 million Euro, is exported to the important United Kingdom market. (AP Photo/Martin Meissner7
January 31, 2019 - 10:43 am
COLOGNE, Germany (AP) — German gummy bears, chocolate and licorice are popular sweets in Britain, but aficionados there might have to start stockpiling if they don't want to go cold turkey when the country leaves the European Union. German candy retailers are worried that exporting sweets to the...
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January 31, 2019 - 4:11 am
STOCKHOLM (AP) — Swedish low-cost fashion brand Hennes & Mauritz AB said Thursday its fourth-quarter profit dropped about 10 percent to 3.5 billion kronor ($390 million) as consumers continued to shift to online shopping. The Stockholm-based group retailer said quarterly sales increased by 12...
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FILE- In this Aug. 8, 2018, file photo employees stand in McDonald's Chicago flagship restaurant. McDonald's reports earnings Wednesday, Jan. 30, 2019. (AP Photo/Nam Y. Huh, File)
January 30, 2019 - 11:38 am
McDonald's says modernized stores and growth in delivery helped bring in more customers globally last year, but lower store traffic in the U.S. remains a concern. The world's biggest hamburger chain said sales rose 4.4 percent at established locations in the fourth quarter and 4.5 percent for the...
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National security adviser John Bolton speaks as Treasury Secretary Steven Mnuchin listens during a press briefing at the White House, Monday, Jan. 28, 2019, in Washington. (AP Photo/ Evan Vucci)
January 28, 2019 - 3:13 pm
WASHINGTON (AP) — The Latest on U.S. sanctions on the state-owned oil company of Venezuela (all times local): 4 p.m. Treasury Secretary Steven Mnuchin says he doesn't expect U.S. consumers to see higher prices at the gas pumps as a result of new sanctions on Venezuela. The Trump administration...
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January 22, 2019 - 5:20 am
BRUSSELS (AP) — The European Commission has fined Mastercard 570 million euros ($648 million) for stopping retailers from looking for better card payment terms at banks around Europe. The Commission, which polices competition, said Tuesday that Mastercard's rules prior to 2015 forced retailers to...
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