Latest Retail industry News

Big plastic user Japan fights waste ahead of G-20 summit

Jun. 25, 2019 11:36 PM EDT

TOKYO (AP) — Japan has a plastic problem. In a country where cleanliness and neat packaging have long been considered good service, almost everything, from single bananas to individual pieces of vegetables, pastries, pens and cosmetics is sold plastic-wrapped. But as world leaders descend on Osaka for the...

The Latest: Lawyers pause plan to divide opioid settlement

Jun. 25, 2019 1:05 PM EDT

CLEVELAND (AP) — The Latest on a plan to divide money among local governments in the case of a settlement of lawsuits over the toll of opioids (all times local): 1 p.m. Differences between state and local governments on how to handle any future settlement with the drug industry over the toll of opioids...

JetBlue sues Walmart over name of shopping service, Jetblack

Jun. 24, 2019 2:46 PM EDT

NEW YORK (AP) — JetBlue Airways is asking a judge to block Walmart from calling its new text-message personal-shopping service Jetblack, saying the name infringes on the airline's trademarks. JetBlue sued Walmart in federal district court in New York on Friday. New York-based JetBlue says it has invested...

Walgreens to provide drug disposal packets free to customers

Jun. 24, 2019 12:32 PM EDT

Walgreens is making it easier for customers to dispose of unused drugs safely. The drugstore chain said Monday that it will offer at several thousand stores packets that customers can use to turn medications into a useless gel before throwing them away at home. The DisposeRx packets will be available for free at...

Average US price of gas drops 11 cents per gallon to $2.73

Jun. 23, 2019 4:35 PM EDT

CAMARILLO, Calif. (AP) — The average U.S. price of regular-grade gasoline dropped 11 cents per gallon (3.8 liters) over the past two weeks, to $2.73. Industry analyst Trilby Lundberg of the Lundberg Survey says Sunday that lower crude oil prices contributed to the drop at the pump. Oil prices rose last...

A retail rainbow: Vendors mark LGBTQ Pride on sales racks

Jun. 23, 2019 8:46 AM EDT

NEW YORK (AP) — Major retailers have diversified their inventory for Pride month, selling apparel and other goods that celebrate LGBTQ culture to mark the 50th anniversary of the Stonewall uprising . In New York City, Macy's flagship store is adorned with rainbow-colored Pride tribute windows, set in the...

California to illegal pot shops: We're coming for you

Jun. 21, 2019 8:31 PM EDT

LOS ANGELES (AP) — California is planning to intensify its enforcement against the state's thriving illegal marijuana market, including launching an ad campaign Friday that urges consumers to seek out licensed shops with safe products. The state has been under pressure by the legal industry to do more to...

Why US-China trade war risks hurting firms in both countries

Jun. 17, 2019 1:33 PM EDT

WASHINGTON (AP) — U.S. businesses are imploring President Donald Trump not to expand his tariffs to $300 billion in goods from China that have so far been spared in his trade war with Beijing. These companies warn that the additional tariffs would drive up prices for consumers, squeeze profits and leave...

Target's tech trouble clogs stores with long checkout lines

Jun. 15, 2019 5:59 PM EDT

SAN FRANCISCO (AP) — A glitch stalled checkout lines at Target stores worldwide Saturday, exasperating shoppers and potentially eating into sales at a prime time for retailers, the day before Father's Day. The roughly two-hour outage periodically prevented Target's cashiers from scanning merchandise or...

US retail sales rose 0.5% in May, led by online shopping

Jun. 14, 2019 9:21 AM EDT

WASHINGTON (AP) — Americans stepped up their retail spending last month, a sign that recent worries about cautious consumers dragging on growth may have been overdone. The Commerce Department said Friday that retail sales rose 0.5% in May, after a smaller gain of 0.3% in the previous month. April's figure...