Apparel and accessories retail

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 - 8:42 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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October 17, 2019 - 1:03 pm
NEW YORK (AP) — An Atlanta businessman and former NBA referee was spared prison time Thursday after pleading guilty in a college basketball scandal that paid bribes to steer top athletes to certain schools and money managers. Rashan Michel wiped his eyes when U.S. District Judge Loretta A. Preska...
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FILE - In this July 21, 2018, file photo Allbirds co-founder Tim Brown speaks at OZY Fest in Central Park in New York. Online shoe brand Allbirds plans to more than double its store count next year, hoping to reach shoppers who want to touch and try on their wool shoes. (Photo by Evan Agostini/Invision/AP, File)
October 08, 2019 - 3:06 pm
NEW YORK (AP) — Online shoe brand Allbirds plans to more than double its store count next year, hoping to reach shoppers who want to touch and try on its wool shoes. The company said Tuesday that it plans to open 20 stores in 2020, bringing its total number of stores to about 35 by the end of the...
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A Forever 21 store is shown, Monday, Sept. 30, 2019, in Aventura, Fla. The low-price fashion chain, a one-time hot destination for teen shoppers that fell victim to its own rapid expansion and changing consumer tastes, has filed for Chapter 11 bankruptcy protection. (AP Photo/Wilfredo Lee)
September 30, 2019 - 5:14 pm
NEW YORK (AP) — For years, teens flocked to Forever 21's massive stores at the nation's malls for its speedy take on fashion, like its $5 shimmery halter tops and $25 dresses. But the chain that helped popularize so-called fast fashion has moved too slow for a new generation of young customers. The...
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FILE - In this Aug. 25, 2019, file photo, a long line of unsold Clubman sports-utility vehicles sit at a Mini dealership in Highlands Ranch, Colo. On Friday, Sept. 13, the Commerce Department releases U.S. retail sales data for August. (AP Photo/David Zalubowski, File)
September 13, 2019 - 2:10 pm
WASHINGTON (AP) — U.S. retail sales rose moderately in August, driven higher by a jump in auto buying and healthy online sales, evidence that consumers are still spending enough to support growth. The Commerce Department said Friday that retail sales increased 0.4% last month, down from a strong 0...
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FILE - In this April 14, 2018 file photo, a man wears an unloaded pistol during a pro gun-rights rally in Austin, Texas. In a letter sent to the Senate on Thursday, Sept. 12, 2019, CEOs from businesses including Airbnb, Twitter and Uber asked Congress to pass a bill to require background checks on all gun sales and a strong red flag law that would allow courts to issue life-saving extreme risk protection orders. (AP Photo/Eric Gay, File)
September 12, 2019 - 5:59 pm
Big companies have been dipping their toes into America's gun debate for a few years. Now, some are diving in. The CEOS of 145 companies — including Airbnb, Uber, DoorDash, Gap and Twitter — sent a letter to the U.S. Senate Thursday seeking expanded background checks and "red flag" laws, which let...
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FILE - In this Oct. 4, 2018, file photo signs advertising the closing of a Lord & Taylor store are displayed in New York, Thursday. Lord & Taylor, one of the nation’s oldest department stores, is being sold for $100 million. The retailer’s owner, Hudson's Bay Co., says it reached a deal with online rental clothing company Le Tote Inc. (AP Photo/Seth Wenig, File)
August 28, 2019 - 11:22 am
NEW YORK (AP) — Lord & Taylor, one of the nation's oldest department stores, is being sold for $100 million to a rental clothing company. Le Tote Inc. is buying the company from Hudson's Bay Co., which gets a minority stake in Le Tote and will control two seats on its board. Lord & Taylor,...
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FILE - This Aug. 23, 2018, file photo shows a window display at a Gap Kids clothing store in Winter Park, Fla. The Gap Inc. reports financial results Thursday, Aug. 22. (AP Photo/John Raoux, File)
August 22, 2019 - 6:53 pm
NEW YORK (AP) — Gap Inc.'s fiscal second quarter profits fell 43%, dragged down by costs related to store closings and the restructuring of its business. The beleaguered San Francisco-based chain also reported comparable sales declines at its three top brands, including at Old Navy, once a bright...
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FILE - In this June 3, 2019, file photo a shopping cart sits in the parking lot of a Target store in Marlborough, Mass. Target Corp. reports financial results Wednesday, Aug. 21. (AP Photo/Bill Sikes, File)
August 21, 2019 - 4:55 pm
NEW YORK (AP) — The divide between retail winners and losers is widening. That became even more evident Wednesday with the latest batch of earnings reports: Big-box stores and off-price retailers have been responding faster to shoppers' increasing shift online with expanded deliveries and better...
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FILE - In this May 16, 2018, file photo, traffic makes its way past a logo J.C. Penney store outside the Manhattan mall in New York. J.C. Penney Co. reports financial results Thursday, Aug. 15..(AP Photo/Mary Altaffer, File)
August 15, 2019 - 12:05 pm
Shares of J.C. Penney surged after the ailing department store cut its quarterly losses in half and announced that it would begin selling used clothing to staunch fading sales. Retailers have been searching for ways to get people back into its stores in the decade since the global economic downturn...
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