Retail industry

FILE - This June 29, 2016 file photo shows a Target store in Hialeah, Fla. Target shoppers took full advantage of the retailer’s pickup and drive up services over the holiday season, climbing 60 percent from a year earlier and making up a quarter of the chain’s online sales for the November-December period. Target Corp. also announced Thursday, Jan. 9, 2019 that sales at stores open at least a year increased 5.7 percent in the period, up from 3.4 percent a year earlier. (AP Photo/Alan Diaz)
January 10, 2019 - 2:51 pm
NEW YORK (AP) — Many investors had expected department stores to enjoy robust sales over the holidays in light of a U.S. economy buoyed by low unemployment, higher wages, strong consumer confidence and cheap gas. So when Macy's and Kohl's reported lackluster numbers on Thursday, they were taken...
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Sen. Bernie Sanders, I-Vt., center, joined from left by Sen. Richard Blumenthal, D-Conn., Rep. Peter Welch, D-Vt., Rep. Elijah Cummings, D-Md., and Sen. Cory Booker, D-N.J., speaks to reporters as he prepares to introduce new legislation that aims to reduce what Americans pay for prescription drugs, especially brand-name drugs deemed "excessively priced," during a news conference on Capitol Hill in Washington, Thursday, Jan. 10, 2019. (AP Photo/J. Scott Applewhite)
January 10, 2019 - 1:34 pm
WASHINGTON (AP) — Challenging President Donald Trump to make good on his pledge to cut prescription drug prices, congressional liberals proposed legislation Thursday to bring U.S. prices in line with the much lower costs in other countries. The Democratic bills stand little chance of becoming law...
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FILE - In this March 4, 2018 file photo, Jeff Bezos and wife MacKenzie Bezos arrive at the Vanity Fair Oscar Party in Beverly Hills, Calif. Bezos says he and his wife, MacKenzie, have decided to divorce after 25 years of marriage. Bezos, one of the world’s richest men, made the announcement on Twitter Wednesday, Jan. 9, 2019. (Photo by Evan Agostini/Invision/AP, File)
January 09, 2019 - 5:56 pm
SEATTLE (AP) — Amazon CEO Jeff Bezos and his wife, MacKenzie, are divorcing, ending a 25-year marriage that played a role in the creation of an e-commerce company that made Bezos one of the world's wealthiest people. The decision to divorce comes after a trial separation, according to a statement...
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January 09, 2019 - 1:34 am
DHAKA, Bangladesh (AP) — Thousands of garment workers staged demonstrations to demand better wages for the fourth straight day on Wednesday, shutting down factories on the outskirts of Bangladesh's capital Dhaka. The Daily Star newspaper reported that one protesting worker was shot dead and three...
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Assemblyman Phil Ting, D-San Francisco, displays a long paper receipt as he discusses his bill to require businesses to offer electronic receipts, Tuesday, Jan. 8, 2019, in Sacramento, Calif. Under the legislation customers could receive a paper receipt on request. (AP Photo/Rich Pedroncelli)
January 08, 2019 - 6:25 pm
SACRAMENTO, Calif. (AP) — California would become the first state to require businesses to offer electronic receipts unless customers ask for paper copies under legislation proposed on Tuesday. Many businesses and consumers already are moving toward e-receipts, said Democratic Assemblyman Phil Ting...
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FILE- In this Tuesday, Jan. 1, 2019, file photo, an empty shopping cart sits in the snow outside a Sears store in the Streets of Southglenn mall in Littleton, Colo. Sears is getting another reprieve from liquidation after its chairman and largest shareholder revised his bid to save the iconic brand. The Hoffman Estates, Illinois-based retailer says it has accepted Eddie Lampert's bid through an affiliate of his ESL hedge fund that could keep 425 stores open and save tens of thousands of workers, according to a hearing on Tuesday, Jan. 8, 2019, at the bankruptcy court in White Plains, N.Y. (AP Photo/David Zalubowski, File)
January 08, 2019 - 2:33 pm
NEW YORK (AP) — Sears received another lifeline after the company's chairman and largest shareholder promised to line up the necessary financing to the struggling department store chain afloat. The reprieve came Tuesday after what Sears lawyers described to a bankruptcy judge in New York as "round-...
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January 03, 2019 - 6:53 pm
NEW YORK (AP) — "Death Wish" novelist Brian Garfield, whose murderous classic about a right-wing vigilante launched a film franchise starring Charles Bronson, has died at age 79. Garfield died "peacefully" on Dec. 29 at his home in Pasadena, California, literary agent Judy Coppage said. He is...
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January 01, 2019 - 9:22 am
ASHGABAT, Turkmenistan (AP) — A law sharply limiting the sale of alcohol has gone into effect in the former Soviet republic of Turkmenistan, whose authoritarian president has made physical fitness a top initiative. The law that took effect Tuesday forbids the sale of alcoholic drinks including beer...
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In this Wednesday, Dec. 19, 2018 photo attorney Brian Blatz sits on the roof deck at his office in Los Angeles. When California broadly legalized marijuana on Jan. 1, Blatz with a background in banking and health care had been working for a year to set up a trucking firm . On its website, Long Beach, California-based Verdant Distribution made clear its ambition: to be the nation's pre-eminent business for transporting cannabis. But the choppy rollout of California's legal market saddled the company with costly delays, and it was undone in the end by an abrupt state rule change that allowed just about any marijuana business to become its own distributor, undercutting the need for stand-alone companies like Verdant to do the job. (AP Photo/Richard Vogel)
December 30, 2018 - 8:41 pm
LOS ANGELES (AP) — It was supposed to be a great year for marijuana entrepreneur Brian Blatz. When California broadly legalized pot on Jan. 1, the lawyer with a background in banking and health care had been working for a year to set up a trucking company that would whisk fragrant marijuana buds,...
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In this Nov. 2, 2018 photo, a sign in the window at Sears promises that "This isn't goodbye," at the Livingston Mall in Livingston, N.J. Sears is closing 80 more stores as it teeters on the brink of liquidation. The 130-year old retailer set a deadline of Friday, Dec. 28, 2018 for bids for its remaining stores to avert closing down completely. (AP Photo/Ted Shaffrey)
December 29, 2018 - 12:03 am
NEW YORK (AP) — Sears Chairman Eddie Lampert's hedge fund said it submitted a last-minute bid Friday valued at $4.4 billion to keep the struggling retailer from being liquidated. Transform Holdco LLC, an affiliate of the ESL Investments hedge fund that Lampert heads, said it hoped to keep 425...
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