Latest Retail sales News

Virginia marijuana legalization timetable has many confused

Jun. 18, 2021 13:04 PM EDT

RICHMOND, Va. (AP) — Virginia's road to legalizing simple possession of marijuana has had some twists and turns, so it's not surprising that advocacy groups have been flooded with calls from people trying to understand exactly what will be allowed under state law as of July 1. ...

UK retail sales dip as lockdown easing allows socializing

Jun. 18, 2021 11:00 AM EDT

LONDON (AP) — Retail sales in Britain slipped back in May as people ventured out to spend money at restaurants and pubs following the easing of coronavirus lockdown restrictions, official figures showed Friday. The Office of National Statistics found that retail sales...

Asian shares mixed in quiet trading ahead of US Fed decision

Jun. 15, 2021 23:26 PM EDT

TOKYO (AP) — Asian shares were mixed in quiet trading Wednesday ahead of a U.S. Federal Reserve meeting that may give clues on what lies ahead with its massive support for markets. Japan released data that showed its trade surplus jumped 49.6% in May from the previous...

May retail sales fell 1.3% as Americans spend less on goods

Jun. 15, 2021 11:29 AM EDT

NEW YORK (AP) — Retail sales fell in May, dragged down by a decline in auto sales and a shift by Americans to spend more on vacations and other services instead of goods. Total sales dropped a seasonally adjusted 1.3% in May from the month before, the U.S. Commerce...

US retail sales fell 1.3% in May as Americans bought fewer cars, furniture and electronics

Jun. 15, 2021 08:38 AM EDT
NEW YORK (AP) — US retail sales fell 1.3% in May as Americans bought fewer cars, furniture and electronics.

This Week: Retail sales, Fed policy update, Kroger earns

Jun. 14, 2021 01:15 AM EDT

A look at some of the key business events and economic indicators upcoming this week: SIZING UP RETAIL SALES The Commerce Department issues its May tally of U.S. retail sales Tuesday. Economists predict sales fell a seasonally...

Target's profit surges as Americans cast restrictions aside

May. 19, 2021 13:06 PM EDT

NEW YORK (AP) — Target's sales and profits surged in the first quarter as its customers, emerging from the pandemic, returned in big numbers to its stores for dresses, cosmetics and luggage. Sales at stores opened at least a year jumped 18% in the three-month period...

Missouri lawmakers pass longtime priorities

May. 18, 2021 17:02 PM EDT

JEFFERSON CITY, Mo. (AP) — Missouri's Republican-led Legislature this year pushed through a number of longtime priorities that failed for years and, in some cases, decades. Successes from the legislative session that ended Friday include bills to create a prescription...

How major US stock indexes fared Tuesday

May. 18, 2021 16:24 PM EDT

An afternoon drop led by big technology stocks left major market indexes broadly lower on Wall Street Tuesday. The S&P 500 lost 0.9%, with most of those losses coming in the last hour of trading. Apple, Facebook and Google’s parent company all lost 1% or more....

Walmart sales still strong as pandemic eases, stimulus helps

May. 18, 2021 10:34 AM EDT

NEW YORK (AP) — Walmart raised its annual earnings forecast on Tuesday after delivering better-than-expected results in the first quarter that showed shoppers, flush with U.S. stimulus payments, splurged on clothing, as well as lawn and garden items. Sales at stores...