Latest Retail industry News

Asian shares mixed as Fed leaves rates unchanged

Dec. 11, 2019 9:58 PM EST

TOKYO (AP) — Asian shares were mixed Thursday, after a wobbly day on Wall Street following the Federal Reserve announcement it would leave interest rates unchanged. Japan's benchmark Nikkei 225 edged up 0.2% in early trading to 23,433.83, while Australia's S&P/ASX 200 lost 0.7% to 6,706.90. South...

Jersey City victims remembered as dedicated, charitable

Dec. 11, 2019 7:53 PM EST

JERSEY CITY, N.J. (AP) — The victims of Tuesday's shooting in Jersey City included a veteran police officer, a mother of three, a rabbinical student and a store employee. ___ THE POLICE DETECTIVE Detective Joseph Seals, 40, was a married father of five. Jersey City police officials said Seals led the...

Massachusetts officials rescind ban on vaping product sales

Dec. 11, 2019 7:24 PM EST

BOSTON (AP) — Retailers in Massachusetts will once again be allowed to sell unflavored vaping products after state officials on Wednesday ended an emergency ban on their sale and approved new restrictions on flavored vaping products. The state’s Public Health Council on Wednesday voted to rescind a...

Ollie's, Cummins post gains while GameStop, Home Depot fall

Dec. 11, 2019 4:39 PM EST

NEW YORK (AP) — Stocks that moved substantially or traded heavily on Wednesday: Ollie's Bargain Outlet Holdings Inc., up $9.03 to $69.33 The retailer named John Swygert as its new CEO and reported surprisingly strong third-quarter profit and revenue. Schlumberger Ltd., up $1.06 to $38.40 The oilfield...

Tips for using flexible spending dollars before year's end

Dec. 11, 2019 4:33 PM EST

TRENTON, N.J. (AP) — Still have money set aside for medical expenses that you need to spend by the end of the year? There are plenty of ways to meet the deadline for flexible spending accounts, and you don't need to buy big-ticket items. You can use up the balance on everyday purchases like bandages and...

Indie booksellers persevere despite Amazon, rising costs

Dec. 11, 2019 11:12 AM EST

NEW YORK (AP) — Pete Mulvihill has felt optimistic enough about selling books that he bought a third bookstore within the past two months. “The industry is much better than it was — the last four to five years have been pretty healthy,” says Mulvihill, who owns three Green Apple Books...

Buttigieg discloses ex-clients as fundraising swing begins

Dec. 10, 2019 10:48 PM EST

NEW YORK (AP) — Facing intense pressure to answer questions about his work in the private sector, Democratic presidential contender Pete Buttigieg on Tuesday disclosed a roster of former consulting clients that include a major health insurance provider, a nationwide electronics retailer, the U.S....

Stitch Fix, Auto Zone gain; Casey's, Designer Brands fall

Dec. 10, 2019 4:43 PM EST

NEW YORK (AP) — Stocks that moved substantially or traded heavily on Tuesday: Agilent Technologies Inc., up $1.31 to $82.93 Hedge fund Pershing Square Capital Management disclosed a stake of 2.9 million shares in the scientific instrument maker. NortonLifeLock Inc., up 88 cents to $26.28 The software...

Illini sell more beer than expected at home football games

Dec. 10, 2019 4:25 PM EST

CHAMPAIGN, Ill. (AP) — Football fans have been thirstier than expected, University of Illinois athletic officials said. Memorial Stadium beer sales totaled roughly $488,000 during home games this season, The (Champaign) News-Gazette reported. When school officials announced plans earlier this year to sell...

Agencies to share data after illness linked to pot retailers

Dec. 10, 2019 2:22 PM EST

Two Massachusetts agencies have agreed to share data with each other to investigate whether six probable cases of vaping-related lung illnesses are linked to state-licensed marijuana retailers, as health officials suggested last week. The state's Cannabis Control Commission and the Department of Public Health...