Retail industry

August 17, 2018 - 6:14 pm
BOULDER, Colo. (AP) — Colorado will allow alcohol sales in the general concourse areas at Folsom Field for the first time in more than two decades. The university said Friday that after a four-year trial of limited beer and wine sales through "beer gardens," the sales will be extended to the...
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FILE- In this Nov. 9, 2017, file photo, a man pushes a cart while shopping at a Walmart store in North Bergen, N.J. Walmart Inc. reports earnings on Thursday, Aug. 16, 2018. (AP Photo/Julio Cortez, File)
August 16, 2018 - 6:59 pm
NEW YORK (AP) — Walmart raised its financial outlook for the year on Thursday after beating Wall Street's expectations for the quarter and seeing the strongest growth in more than a decade in sales at established stores. Its shares rose more than 9 percent. The upbeat report indicates that Walmart'...
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A self-driving Nuro vehicle parks outside a Fry's supermarket, which is owned by Kroger, as part of a pilot program for grocery deliveries Thursday, Aug. 16, 2018, in Scottsdale, Ariz. Kroger Co. has chosen the Phoenix suburb as a test market for delivering groceries using driverless cars. The Toyota Prius will be used for the deliveries, manned by a human to monitor its performance. During phase two in the fall, deliveries will be made by a completely autonomous vehicle, called an R1, with no human aboard. (AP Photo/Ross D. Franklin)
August 16, 2018 - 4:29 pm
SCOTTSDALE, Ariz. (AP) — At a time when big-box retailers are trying to offer the same conveniences as their online competitors, the biggest U.S. grocery chain is testing the use of driverless cars to deliver groceries in a Phoenix suburb. Kroger's pilot program launched Thursday morning with a...
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FILE- In this May 16, 2018, file photo, a man enters the JC Penney store at the Manhattan mall in New York. J.C. Penney Co. reports earnings Thursday, Aug. 16. (AP Photo/Mary Altaffer, File)
August 16, 2018 - 10:17 am
NEW YORK (AP) — J.C. Penney reported a bigger-than-expected loss in its fiscal second quarter as a key sales metric fell well short of Wall Street's view. The department store operator also cut its full-year forecast again, and its shares plunged 24 percent. The dismal report, released Thursday,...
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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, Aug. 15. (AP Photo/Mary Altaffer, File)
August 15, 2018 - 11:33 am
NEW YORK (AP) — Macy's raised its annual profit forecast as the department store reported an unexpected increase in a key sales measure. The Cincinnati department store chain has now reported its third straight quarter of higher sales at existing stores after a three-year slump. But shares on...
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FILE- In this July 8, 2018, file photo a rainbow illuminates the sky as 2018 MKZ sedans MKX as they sit outside a Lincoln dealership in Englewood, Colo. On Wednesday, Aug 15, the Commerce Department releases U.S. retail sales data for July. (AP Photo/David Zalubowski, File)
August 15, 2018 - 10:44 am
WASHINGTON (AP) — Americans shopped at a healthy pace in July, buying more cars, clothes and appliances, evidence that consumers are helping drive robust economic growth. Retail sales rose at a 0.5 percent annual rate in July, after a 0.2 percent increase the previous month, the Commerce Department...
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August 14, 2018 - 5:40 pm
NEW YORK (AP) — Kroger will start to sell some of its products to Chinese shoppers through a website owned by internet giant Alibaba, the latest move by the supermarket chain to boost its digital business. Cincinnati-based Kroger is working to catch up with Walmart and with Amazon.com, which bought...
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FILE - In this Aug. 1, 2017, file photo, store greeter Danny Olivar, right, lends a hand to a customer to heft an air conditioning unit from a rapidly declining stock at a Home Depot store ahead of an expected heat wave in Seattle. The Home Depot Inc. reports earnings Tuesday, Aug. 14, 2018. (AP Photo/Elaine Thompson, File)
August 14, 2018 - 2:50 pm
ATLANTA (AP) — Home Depot handily beat expectations during the second quarter, bouncing back from a slow start to the year when terrible weather cooled construction projects. The world's biggest home improvement retailer boosted its full-year profit and revenue forecasts Tuesday. Higher mortgage...
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Specialist Fabian Caceres, left, and trader Michael Capolino confer on the floor of the New York Stock Exchange, Tuesday, Aug. 14, 2018. Stocks are broadly higher and recovering some of their recent losses as concerns about Turkey's financial stability eased. (AP Photo/Richard Drew)
August 14, 2018 - 1:53 pm
NEW YORK (AP) — U.S. stocks are rallying Tuesday as worries about Turkey's currency crisis eased. Retailers and smaller companies are making some of the biggest gains. Global markets have taken two days of losses as investors worried that Turkey's troubles might spread. KEEPING SCORE: The S&P...
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An investor walks in front of trading boards at a private stock market gallery in Kuala Lumpur, Malaysia, Tuesday, Aug. 14, 2018. Most Asian stock markets rose Tuesday after Wall Street declined as Turkey’s central bank struggled to contain a currency crisis that is feeding fears about other emerging markets. (AP Photo/Yam G-Jun)
August 14, 2018 - 8:16 am
BEIJING (AP) — Most global stock markets steadied Tuesday as worries subsided over Turkey's currency crisis and its potential impact on other countries. KEEPING SCORE: Germany's DAX rose 0.2 percent to 12,376 and France's CAC 40 was up less than 0.1 percent to 5,414 after economic growth figures...
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