Latest Retail and wholesale News

A flu vaccine is administered to National Foundation for Infectious Diseases (NFID) staff members in Bethesda, Md., on Wednesday, Sept. 30, 2020. (AP Photo/Federica Narancio)

High demand for flu shots? Experts hope to avoid 'twindemic'

Oct. 1, 2020 11:31 AM EDT

October is prime time for flu vaccinations, and the U.S. and Europe are gearing up for what experts hope is high demand as countries seek to avoid a “twindemic” with COVID-19. “There's considerable concern as we enter the fall and winter months and into the flu season that we'll have that...

FILE - In this May 31, 2013, file photo, an H&M store is shown in New York. A German privacy watchdog said Thursday that it is fining clothing retailer H&M 35.3 million euros ($41 million) the company was found to have spied on some of its employees in Germany. (AP Photo/Mark Lennihan, File)

German privacy watchdog fines H&M $41M for spying on workers

Oct. 1, 2020 7:51 AM EDT

BERLIN (AP) — A German privacy watchdog said Thursday that it is fining clothing retailer H&M 35.3 million euros ($41 million) after the company was found to have spied on some of its employees in Germany. Hamburg’s data protection commissioner said in a statement that the Swedish company...

Los Angeles Lakers' LeBron James (23) watches his shot along with Denver Nuggets' Jerami Grant (9) during the second half of an NBA conference final playoff basketball game Saturday, Sept. 26, 2020, in Lake Buena Vista, Fla. The Lakers won 117-107 to win the series 4-1. (AP Photo/Mark J. Terrill)

James, Herro see popularity rise in the NBA playoffs

Sep. 30, 2020 9:42 PM EDT

LAKE BUENA VISTA, Fla. (AP) — LeBron James’ popularity, even in his 17th season, cannot be argued. The NBA released jersey-sales and social media data Wednesday, with the Los Angeles Lakers’ star forward atop both lists. James had the top-selling jersey, measured by online sales through the...

This undated photo provided by Amazon shows the Amazon One device at an Amazon Go store in Seattle. Amazon has introduced the new palm recognition technology in a pair of Seattle stores and sees broader uses in places like stadiums and offices.  Customers at the stores near Amazon's campus in Washington can flash a palm for entry and to buy goods. (Amazon via AP)

Amazon sees broad audience for its palm recognition tech

Sep. 29, 2020 6:03 PM EDT

SEATTLE (AP) — Amazon has introduced new palm recognition technology in a pair of Seattle stores and sees a broader potential audience in stadiums, offices and other gated or secured locations. Customers at the stores near Amazon's campus in Washington can flash a palm for entry into secured areas and buy...

FILE - This Oct. 8, 2019 file photo shows the Apple Pay app on an iPhone in New York. Using contactless payments for in-person retail transactions offers convenience and security benefits, but amid the coronavirus pandemic, hygiene might be the best reason yet. “Contactless” usually means tap-to-pay credit and debit cards, smartphone digital wallets or retailer apps. (AP Photo/Jenny Kane, File)

Millennial Money: Try touchless payment to avoid dirty money

Sep. 29, 2020 4:53 PM EDT

If you’re looking for a self-improvement task in this pandemic era, try teaching yourself to use contactless payments with your phone or “tap-to-pay” credit and debit cards. Any germaphobe will tell you that the surfaces of bills and coins have always been gross. And handing your credit card...

The crew on a lobster boat hauls traps at sunrise, Monday, Sept. 21, 2020, off Portland, Maine. The state's lobster fishermen braced for a difficult summer this year due to the coronavirus pandemic, but the season was unexpectedly decent. (AP Photo/Robert F. Bukaty)

Maine lobster business salvaged its summer despite pandemic

Sep. 26, 2020 8:30 AM EDT

PORTLAND, Maine (AP) — Maine's lobster fishermen braced for a difficult summer this year because of the coronavirus pandemic, but then the unexpected happened. They kept catching lobsters, and people kept buying them. The pandemic has posed significant challenges for the state's lobster fishery, which is...

FILE - In this Aug. 27, 2018, file photo, a patched sign stands at the construction site for the Consumer Financial Protection Bureau's new headquarters in Washington. California created what supporters called its own nation-leading, state-level version of the federal Consumer Financial Protection Bureau after critics said the Trump administration significantly weakened national protections, Friday, Sept. 25, 2020. The legislation that Gov. Gavin Newsom signed into law changes the existing Department of Business Oversight into the Department of Financial Protection and Innovation in what proponents said is the first such move by any state. (AP Photo/Andrew Harnik, File)

California expands financial protections after US rollback

Sep. 25, 2020 6:58 PM EDT

SACRAMENTO, Calif. (AP) — California on Friday created what supporters call its own nation-leading, state-level version of the federal Consumer Financial Protection Bureau after critics said the Trump administration significantly weakened national protections. The legislation that Gov. Gavin Newsom signed...

FILE - In this Wednesday, March 21, 2018 file photo, The logo of the German car manufacturer BMW is visible at the headquarters during the earnings press conference in Munich, Germany. BMW will pay an $18 million fine to settle allegations that it inflated its U.S. monthly sales numbers for five straight years. The Securities and Exchange Commission said Thursday, Sept. 24, 2020 that the German luxury automaker kept a reserve of unreported sales that it drew on to meet monthly targets from 2015 to 2019.(AP Photo/Matthias Schrader, File)

BMW fined $18 million for inflating monthly US sales figures

Sep. 24, 2020 5:43 PM EDT

DETROIT (AP) — BMW will pay an $18 million fine to settle allegations that it inflated its monthly U.S. sales numbers for five straight years. The Securities and Exchange Commission said Thursday that the German luxury automaker kept a reserve of unreported sales that it drew on to meet monthly targets...

E.W. Scripps, Darden rise; Accenture, Penn National fall

Sep. 24, 2020 4:34 PM EDT

NEW YORK (AP) — Stocks that moved heavily or traded substantially Thursday: Owens & Minor Inc., up $6.52 to $20.31. The medical supplies distributor raised its profit forecast for the year because of better demand and productivity. Darden Restaurants Inc., up $7.31 to $97.31. The owner of Olive Garden...

This is the sign on a Rite Aid Pharmacy in Pittsburgh, Pa., Tuesday, April 14, 2020.  Rite Aid topped Wall Street expectations for the fiscal second quarter, Thursday, Sept. 24,  and gave a revised annual forecast, one quarter after withdrawing it due to COVID-19 uncertainty. (AP Photo/Gene J. Puskar)

Rite Aid tops Street 2Q expectations, revises forecast

Sep. 24, 2020 9:14 AM EDT

Rite Aid topped Wall Street expectations for the fiscal second quarter and gave a revised annual forecast, one quarter after withdrawing it due to COVID-19 uncertainty. The drugstore chain said Thursday that its quarterly loss shrank to $13.2 million from $79.3 million in the previous year’s quarter. An...