Latest Retail industry News

Ecuador: Agreement ends 18 days of strikes

Jun. 30, 2022 16:59 PM EDT

QUITO, Ecuador (AP) — Ecuador’s government and the country’s main Indigenous group reached an agreement Thursday to end 18 days of often-violent strikes that had virtually paralyzed the country and killed at least four people. The deal, which includes a decrease in the price of...

Connecticut abortion law, tax changes to take effect Friday

Jun. 30, 2022 16:37 PM EDT

HARTFORD, Conn. (AP) — Connecticut's first major abortion-related legislation in years, which aims to legally protect providers and patients from other states’ bans on the procedure, will take effect Friday. The legislation was passed by the Connecticut General Assembly in late...

OPEC+ oil boost likely not much help to high gasoline prices

Jun. 30, 2022 10:22 AM EDT

NEW YORK (AP) — The OPEC oil cartel and allied producing nations decided Thursday to boost production of crude by an amount that will likely do little to relieve high gasoline prices at the pump and energy-fueled inflation plaguing the global economy. The increase of 648,000...

Walgreens earnings slide as number of vaccinations wane

Jun. 30, 2022 09:40 AM EDT

A big opioid settlement and a COVID-19 vaccine slowdown dragged on third-quarter earnings for Walgreens, but the drugstore chain still topped expectations. Net income slid to $289 million in the quarter that ended May 31, the company said Thursday. That’s down from about $1.2...

RH cuts outlook weeks after previous guidance, shares slide

Jun. 30, 2022 09:33 AM EDT

Shares of RH tumbled 9% at the opening bell Thursday after the luxury furniture store chain cut its sales expectations just weeks after issuing guidance to its investors, blaming worsening macro-economic conditions and rising mortgage rates. After predicting earlier this month that...

Amazon, Rite Aid cap purchase of emergency contraceptives

Jun. 29, 2022 22:51 PM EDT

NEW YORK (AP) — Amazon is limiting how many emergency contraceptives consumers can buy, joining other retailers who put in place similar caps following the Supreme Court decision overruling Roe v. Wade. Amazon's limit, which temporarily caps purchase of the contraceptives at three...

Some Missouri hospitals briefly halt emergency contraception

Jun. 29, 2022 18:34 PM EDT

A large Missouri hospital chain briefly stopped providing emergency contraception amid confusion over whether the state's abortion ban could put doctors at risk of criminal charges for providing the medication, even for sexual assault victims. St. Luke’s Health Kansas City said in...

Bed Bath & Beyond CEO ousted after another dour quarter

Jun. 29, 2022 17:41 PM EDT

Bed Bath & Beyond's CEO was ousted Wednesday as the home goods retailer struggles to figure out what people want to buy. Board member Sue Gove will take over as interim CEO, the company said Wednesday, replacing Mark Tritton. Bed Bath & Beyond hired Tritton in late 2019....

Apple-Books-Top-10

Jun. 28, 2022 11:12 AM EDT

US Bestseller List - Paid Books Book Title by Author Name - ISBN - (Publisher) 1. The Summer I Turned Pretty by Jenny Han - 9781416999171 - (Simon & Schuster Books for Young Readers) 2. It’s Not Summer Without You by Jenny Han - 9781442413856 -...

Editorial Roundup: Illinois

Jun. 28, 2022 07:13 AM EDT

Arlington Heights Daily Herald. June 25, 2022. Editorial: Signage war will just sow more confusion about gas taxes If the courts side with the Illinois legislature, by the end of next week signs could be popping up at gas stations all over the state. They will explain...