Financial performance

November 21, 2018 - 2:24 pm
NEW YORK (AP) — In a story Nov. 20 about retailers' earnings, The Associated Press wrongly cited the reason for why TJX Cos.'s third quarter profits were squeezed. It was because of higher freight costs, not e-commerce costs. A corrected version of the story is below: Shoppers spend freely heading...
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November 20, 2018 - 5:40 pm
NEW YORK (AP) — Lowe's Cos. reported disappointing numbers for a key sales measure in the third quarter and said it would exit its Mexico operations in its bid to compete better with home improvement leader Home Depot. The home improvement chain said Tuesday it would also exit its contracting...
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In a photo taken Friday, Nov. 16, 2018, Target employee Lindsay Walker scans an item as she collects merchandise from shelves to prep them for an online order at a Target store in Edison, N.J. Target Corp. reports earnings Tuesday, Nov. 20. (AP Photo/Julio Cortez)
November 20, 2018 - 7:52 am
MINNEAPOLIS (AP) — Target's ramped up investments online and in stores are bringing in shoppers, but they're also bruising the bottom line. Company shares fell sharply before the opening bell Tuesday after Target missed profit expectations for the third quarter, the last look at the retailer's...
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In this Tuesday, Nov. 13, 2018 photo, an employee plays the FAO Premium Piano Dance Mat during a media preview of the new FAO Schwarz store at Rockefeller Center in New York. Three years after it closed its beloved, fantasy land of a toy store on Fifth Avenue, FAO Schwarz makes its return to New York City. The new version will be smaller, but will have familiar attractions including a musical clock tower and the giant piano keyboard mat on which Tom Hanks danced in the film “Big.” (AP Photo/Mary Altaffer)
November 16, 2018 - 5:58 pm
NEW YORK (AP) — Three years after it closed its beloved toy store on Fifth Avenue, FAO Schwarz has returned to New York. A new FAO opened Friday in Manhattan's Rockefeller Center, about 10 blocks from its former home near Central Park. For more than 150 years, FAO Schwarz was known in New York City...
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FILE- In this Nov. 9, 2018, file photo shoppers look at toys at a Walmart Supercenter in Houston. Walmart Inc. reports earnings Thursday, Nov. 15. (AP Photo/David J. Phillip, File)
November 15, 2018 - 1:22 pm
NEW YORK (AP) — Walmart, armed with grocery and other online services, is proving it can do battle with Amazon. The world's largest retailer delivered strong third-quarter results Thursday, extending a streak of sales growth into its 11th straight quarter that showed it's pulling shoppers online...
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FILE- This March 20, 2018, file photo shows the Uber app on an iPad in Baltimore. Uber's net loss widened by $177 million in the third quarter as the ride-hailing giant continued to invest ahead of a planned public stock offering next year. (AP Photo/Patrick Semansky, File)
November 14, 2018 - 5:19 pm
SAN FRANCISCO (AP) — Uber's net loss widened by $177 million in the third quarter as the ride-hailing giant continued to invest ahead of a planned initial public stock offering next year. The San Francisco company lost just over $1 billion from July through September, compared with an $891 million...
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FILE- In this May 16, 2018, file photo, traffic makes it's way past the Macy's flagship store in New York. Macy's Inc. reports earnings Wednesday, Nov. 14. (AP Photo/Mary Altaffer, File)
November 14, 2018 - 12:39 pm
NEW YORK (AP) — Macy's is heading into the crucial holiday season firing on all cylinders, logging its fourth consecutive quarter of sales growth at existing locations and getting strong reactions from customers both online and in its stores. The company also lifted its expectations for annual...
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November 14, 2018 - 6:44 am
HELSINKI (AP) — Danish shipping group A.P. Moller-Maersk is warning that trade tensions between the United States and China could weigh on business. The company said a brewing trade war between the two had created uncertainty and could "reduce global container trade by 0.5 to 2.0 percent during...
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FILE - In this Sept. 10, 2018 file photo, Jim Craig, David Burke and Chris Rayner load generators as people buy supplies at The Home Depot in Wilmington, N.C. Home Depot Inc. reports earnings Tuesday, Nov. 13. (Ken Blevins/The Star-News via AP, File)
November 13, 2018 - 8:11 am
NEW YORK (AP) — Home Depot breezed past all expectations in the third quarter and raised its annual profit expectations again as Americans plow money into their homes, even amid hints that the housing market is cooling. Comparable-store sales, a key indicator of a retailer's health, rose 4.8...
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In this Saturday, Nov. 10, 2018, photo Lauren Ray pets her 9-month-old dog Bear in her Milwaukee home. Ray says she is happy to hear Petco is announcing Tuesday, Nov. 13, that it plans to stop selling dog and cat food and treats with artificial colors, flavors and preservatives, both online and at its 1,500 stores in the U.S. and Puerto Rico by May 2019. She feeds her dog organic food and hopes Petco's change will help her find more varieties at a convenient location. (AP Photo/Carrie Antlfinger)
November 13, 2018 - 5:21 am
Demand for healthy, natural food is extending from humans to their pets. Petco announced Tuesday it will stop selling dog and cat food and treats with artificial colors, flavors and preservatives, both online and at its nearly 1,500 stores in the U.S. and Puerto Rico. "We are making sure we are...
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