Latest Retail industry News

A passenger waits to check his luggage at Belgrade Nikola Tesla Airport, Serbia, Thursday, May 21, 2020. Serbia's national carrier Air Serbia has resumed commercial flights as the government eased the lockdown against the new coronavirus. Crisis authorities have said the situation in the country has stabilized despite virus clusters in the southern area. (AP Photo/Darko Vojinovic)

Nations ease more restrictions, air travel opening up more

May. 29, 2020 9:00 PM EDT

The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed. Following are developments Friday related to the national and global response, the work place and the spread of the virus. ________________________ BY LAND AND BY SEA: Passenger traffic has resumed at the main...

In this Thursday, May 28,2020 photo Virginia Binkerhoff stands outside the Just Dandy women's clothing store she owns in downtown Cheyenne, Wyo. The cancellation of this summer's Cheyenne Frontier Days rodeo and cowboy festival due to the coronavirus portends more hard times ahead for businesses struggling in Wyoming's capital city. (AP Photo/Mead Gruver)

No rodeo festival dashes Wyoming city's hopes amid COVID-19

May. 29, 2020 5:56 PM EDT

CHEYENNE, Wyo. (AP) — The Just Dandy women's clothing store in downtown Cheyenne has endured fire, flooding, recessions and so far the coronavirus pandemic, but will this year's cancellation of the city's famous cowboy-and-rodeo festival, Cheyenne Frontier Days, be the daddy-of-'em-all disaster? “I...

In this May 21, 2020, photo, grave diggers bury a body at Radwan Cemetery in Aden, Yemen. At a cemetery in Yemen’s largest southern city, dozens of fresh graves are a testament to a spike in deaths amid the coronavirus pandemic. The cemetery workers who bury them don’t know what killed the newly deceased. But there’s no denying that there's been an increasing number of people getting sick in the port city of Aden — likely from the coronavirus. (AP Photo)

The Latest: UN urges $2.4 billion in aid for war-torn Yemen

May. 29, 2020 1:31 AM EDT

The Latest on the coronavirus pandemic. The new coronavirus causes mild or moderate symptoms for most people. For some, especially older adults and people with existing health problems, it can cause more severe illness or death. TOP OF THE HOUR: — UN urgently appeals for $2.4 billion to help Yemen cope...

Shoppers walks past a Nordstrom window display at The Grove shopping center Wednesday, May 27, 2020, in Los Angeles. California moved to further relax its coronavirus restrictions and help the battered economy. Retail stores, including those at shopping malls, can open at 50% capacity. (AP Photo/Marcio Jose Sanchez)

Nordstrom's 1Q sales fell 40% as pandemic shuttered stores

May. 28, 2020 6:13 PM EDT

NEW YORK (AP) — Upscale department store retailer Nordstrom reported Thursday that its sales plunged nearly 40% in its fiscal first quarter when the pandemic forced a temporary shutdown of its stores. The Seattle-based company, however, said it has improved its financial flexibility by reducing inventory...

Suits accuse retail chains of flooding Ohio with painkillers

May. 28, 2020 5:42 PM EDT

CLEVELAND (AP) — Five retail chains flooded two Ohio counties with tens of millions of prescription painkillers through their pharmacies while taking few if any steps to stop drugs from being illegally diverted, according to updated lawsuits unsealed in U.S. District Court in Cleveland. The counties are...

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41 million jobs lost; homebound gear up to get out, way out

May. 28, 2020 5:24 PM EDT

The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed. Following are developments Thursday related to the national and global response, the work place and the spread of the virus. ________________________ IMMOBILIZED: Job cuts in the transportation industry have arrived...

Sales associate Alex Guralnik, of Newton, Mass., right, hands a bag containing recreational cannabis product to a customer outside New England Treatment Access medical and recreational marijuana dispensary, Tuesday, May 26, 2020, in Brookline, Mass. Sales of recreational cannabis products to the public was allowed to open Monday, May 25 in Massachusetts after being closed for about two months due to the coronavirus pandemic. (AP Photo/Steven Senne)

Buzz kill: Pot shops reopen, but some fear another shutdown

May. 28, 2020 1:06 PM EDT

BOSTON (AP) — Marijuana shops in many states have enjoyed brisk business during the coronavirus pandemic. In New England? Not so much. Recreational shops reopened this week in Massachusetts with strict regulations after being ordered shut down the past two months. Now, some worry that state officials could...

FILE - In this March 30, 2020 file photo, bicyclists pass in front of a closed Macy's department store in Santa Ana, Calif.  The future of the post-pandemic retail economy in the U.S. looks boxy and digital. The pandemic has divided potential winners and losers from the economic shock, with Wall Street looking more favorably at e-commerce retailers and companies with well-established online sales.  (AP Photo/Chris Carlson, File)

Target, Walmart outbox department stores in reshaped world

May. 28, 2020 11:50 AM EDT

NEW YORK (AP) — The future of the post-pandemic retail economy in the U.S. looks both boxy and digital. The pandemic is dividing the industry into potential winners and losers, with Wall Street looking more favorably at e-commerce retailers and companies with well-established online sales. That means...

IKEA manager charged for firing Pole over anti-gay remarks

May. 28, 2020 11:41 AM EDT

WARSAW, Poland (AP) — A Polish prosecutor has charged an IKEA manager with violating the religious rights of an employee sacked for voicing strong objections, within the company, to a corporate event supporting tolerance for LGBT people last year. The Catholic employee at a Polish branch of the Swedish...

This undated photo provided by Nuro shows a package delivered to a Nuro vehicle. CVS Health said Thursday, May 28, 2020 it will partner with Silicon Valley robotics company Nuro on deliveries of medicines and other products to customers near a Houston-area store/ (Nathan Lindstrom/Nuro via AP)

CVS Health tests self-driving vehicle prescription delivery

May. 28, 2020 10:56 AM EDT

CVS Health will try delivering prescriptions with self-driving vehicles in a test that begins next month. The drugstore chain said Thursday that it will partner with the Silicon Valley robotics company Nuro to deliver medicines and other products to customers near a Houston-area store. A CVS spokesman said the...