Latest Retail sales News

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...

This combination photo shows Jennifer Salgado, 42, of Bloomfield, N.J., with a pack of macarons, left, and a bag of peas she ordered during coronavirus lockdown. Millions of people have helped online retail sales surge as consumer spending fell off rapidly when businesses shut down. Salgado snapped up 96 macarons from a bulk-buying store, along with 24 pounds of frozen peas. (Jennifer Salgado via AP)

Worry, haste, retail therapy: What have we bought and why?

May. 26, 2020 10:15 AM EDT

NEW YORK (AP) — Between technical glitches and food worries, retail therapy and sheer amnesia, something has happened to shopping during the pandemic that can be summed up thusly: rubber chickens. Melissa Jean Footlick bought some while sheltering at home in San Diego with her husband and three dogs. She's...

FILE - In this March 30, 2020 file photo, bicyclists pass in front of a closed Macy's department store in Santa Ana, Calif. Macy’s warned Thursday, May 21 that it could lose more than a $1 billion during its first quarter after the coronavirus pandemic paralyzed retail operations worldwide. (AP Photo/Chris Carlson)

Pandemic highlights big box stores' ability to pivot

May. 21, 2020 5:05 PM EDT

NEW YORK (AP) — Late last year, Best Buy began testing curbside pickup at select stores as a way to respond to customer needs. But that was then. The pandemic accelerated the company's plans and what was supposed to take months instead took just 48 hours, with Best Buy rolling out curbside pickup at nearly...

A woman wearing a face mask walks past a bank's electronic board showing the Hong Kong share index at Hong Kong Stock Exchange Thursday, May 21, 2020. Asian stock markets are mixed after Wall Street rose amid Chinese trade tension with Washington and Australia. Investors looked ahead to Friday’s meeting of China’s legislature for details of possible new steps by Beijing to stimulate its virus-battered economy.(AP Photo/Vincent Yu)

Asian stocks mixed amid China tension with US, Australia

May. 21, 2020 12:20 AM EDT

Asian stock markets were mixed Thursday after Wall Street rose despite trade tensions between China and Washington and Australia. Investors were looking ahead to Friday’s meeting of China’s legislature for details of possible new steps by Beijing to stimulate its virus-battered economy. Benchmarks...

FILE - In this March 22, 2020 file photo, customers wearing masks walk into a Lowe's home improvement store in the Canoga Park section of Los Angeles.  Lowe’s move to revamp its outdated online business in recent months paid off during the first quarter, as shut-in shoppers shifted to its online services for supplies for their do-it-yourself home projects during the pandemic. The nation’s second-largest home improvement retailer behind Home Depot saw an 80% increase in online sales for the quarter, reported Wednesday, May 20. (AP Photo/Mark J. Terrill)

Lowe's retooled online business pays off during the pandemic

May. 20, 2020 12:29 PM EDT

NEW YORK (AP) — Lowe's Cos.'s move to revamp its outdated online business in recent months paid off in the first quarter, as shoppers shut in because of the pandemic shifted to online services for supplies for their do-it-yourself home projects. The nation's second-largest home improvement retailer behind...

FILE - In this April 6, 2020 file photo, a customer wearing a mask carries his purchases as he leaves a Target store during the coronavirus pandemic, in the Brooklyn borough of New York. Online sales at Target more than doubled as the pandemic put millions in lockdown during the first quarter, revealing further the critical role big box stores played in getting supplies to an immobilized population.  The Minneapolis company reported Wednesday, May 20 that comparable-store sales, which include online purchases, rose 10.8% for the three-month period that ended May 2.  (AP Photo/Mark Lennihan, File)

Big box rules: Target's online push readied it for pandemic

May. 20, 2020 10:12 AM EDT

NEW YORK (AP) — Online sales at Target more than doubled as the pandemic put millions in lockdown during the first quarter, revealing further the critical role big box stores played in getting supplies to an immobilized population. The Minneapolis company reported Wednesday that comparable-store sales,...

Labor will stop giving reporters early look at economic data

May. 19, 2020 5:36 PM EDT

WASHINGTON (AP) — The U.S. Labor Department says it is ending its long-standing system of allowing news reporters to review government economic data, including high-profile reports on unemployment, retail sales and inflation, before the data is publicly released. The department for decades has given news...

FILE - In this March 31, 2020 file photo, a woman pulls groceries from a cart to her vehicle outside of a Walmart store in Pearl, Miss.  Walmart became a lifeline to millions of people as the coronavirus spread, and its profit and sales surged during the first quarter, topping almost all expectations.  (AP Photo/Julio Cortez, File)

Walmart becomes a pandemic lifeline, online sales surge 74%

May. 19, 2020 4:46 PM EDT

NEW YORK (AP) — Walmart emerged as one of the few lifelines to millions of people as the coronavirus spread, leading to surging profit and sales for the world's largest retailer. Online sales in the U.S. jumped 74% for its fiscal first quarter that ended April 30, which captured the brunt of the...

A cyclist wearing a mask pedals past other vehicles during extended lockdown in Kochi, southern Kerala state, India, Monday, May 18, 2020. India on Monday saw a slow trickle of people returning outdoors and thin traffic on its roads in some states, a day after the federal government extended the nationwide coronavirus lockdown to May 31 but eased many restrictions to restore economic activity. (AP Photo/R S Iyer)

Some traffic returns to roads as India eases virus lockdown

May. 18, 2020 9:35 AM EDT

NEW DELHI (AP) — People trickled outdoors and thin traffic returned to roads in some Indian states on Monday, a day after the federal government extended the nationwide coronavirus lockdown to May 31 but eased many restrictions to restore economic activity. Small shops and other businesses were reopened in...

Tina Nguyen, a nurse at at the International Community Health Services clinic in Seattle's International District, examines a nose swab while conducting walk- and drive-up testing for COVID-19, Friday, May 15, 2020. As testing supplies for coronavirus have become more abundant, the clinic has been able to offer testing to anyone in the community by appointment if they are experiencing symptoms. (AP Photo/Ted S. Warren)

Most US states fall short of recommended testing levels

May. 15, 2020 10:10 PM EDT

WASHINGTON (AP) — As businesses reopened Friday in more of the U.S., an overwhelming majority of states still fall short of the COVID-19 testing levels that public health experts say are necessary to safely ease lockdowns and avoid another deadly wave of outbreaks, according to an Associated Press...