Latest Retail industry News

Average US gas price up 8 cents over 2 weeks to $2.05

May. 31, 2020 2:04 PM EDT

CAMARILLO, Calif. (AP) — The average U.S. price of regular-grade gasoline rose 8 cents over the past two weeks, to $2.05 per gallon. Industry analyst Trilby Lundberg of the Lundberg Survey says Sunday that the jump comes as crude oil costs rise and gasoline demand increases amid widespread easing of...

Maryland bike shops shift into higher gear during pandemic

May. 31, 2020 9:00 AM EDT

BALTIMORE (AP) — Memorial Day was no holiday for Joe Traill. The owner of Joe’s Bike Shop in Mount Washington and his staff of six employees experienced a deluge of customers, bike orders and repairs on May 25. “We have shortened hours, and it seemed like it only compressed a day’s...

As panic buying slows, grocers consider post-pandemic world

May. 31, 2020 12:01 AM EDT

GREENVILLE, S.C. (AP) — South Carolina is no stranger to panic buying. With a strong hurricane season returning each year and people running to the store to stock up on milk and bread if there’s even a single snowflake in the forecast — frantic trips to the grocery store are second nature....

LL Bean awards grants for park projects

May. 30, 2020 11:59 AM EDT

FREEPORT, Maine (AP) — L.L. Bean is awarding grants for creation and improvement of outdoor spaces in New Jersey, New York and Vermont. The retailer, in partnership with The Trust for Public Lands, announced the $50,000 grants for each of the projects. In Newark, New Jersey, the grant will help create an...

Levi Nayman, right, enjoys a drink and live music at a restaurant called

Pop-up bar scene, tanning salon test shutdown rules in NYC

May. 30, 2020 11:25 AM EDT

NEW YORK (AP) — What passes for a pandemic-era speakeasy these days in New York City isn’t secret at all. On the sidewalks throughout the city, restaurants and bars that have only been allowed to offer takeout orders since March have been bending the rules by setting up outdoor tables and allowing...

Hardik Kalra stocks meat in a cooler at a local super market, Friday, May 29, 2020, in Des Moines, Iowa. As if trips to the grocery store weren't nerve-racking enough, shoppers lately have seen the costs of meat, eggs and even potatoes soar as the coronavirus has disrupted processing plants and distribution networks. (AP Photo/Charlie Neibergall)

US food prices see historic jump and are likely to stay high

May. 30, 2020 11:09 AM EDT

DES MOINES, Iowa (AP) — As if trips to the grocery store weren’t nerve-wracking enough, U.S. shoppers lately have seen the costs of meat, eggs and even potatoes soar as the coronavirus has disrupted processing plants and distribution networks. Overall, the cost of food bought to eat at home...

Gas prices tick up again in New Jersey, around nation

May. 30, 2020 9:42 AM EDT

TRENTON, N.J. (AP) — Gas prices ticked upward again in New Jersey and around the nation, but analysts don't expect gasoline to become as expensive as it was last summer. AAA Mid-Atlantic says the average price of a gallon of regular gas in New Jersey on Friday was $2.02, up a penny from a week ago. The...

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...

A customer wears mask as he waits for his order at a Starbucks in Northbrook, Ill., Friday, May 29, 2020. Every region of Illinois met the criteria to move into Phase 3 of reopening Friday, May 29. Most of the state will do so, but Chicago will have to wait until June 3 to partially reopen. Starting Friday, more businesses will be allowed to reopen and people can start gathering in small groups while social distancing. (AP Photo/Nam Y. Huh)

Illinois enters new reopening phase; Pritzker urges caution

May. 29, 2020 7:19 PM EDT

SPRINGFIELD, Ill. (AP) — Gov. J.B. Pritzker warned Illinois residents on Friday to remain vigilant even as the state began to loosen restrictions intended to curb the deadly coronavirus, and he expressed gratitude for the actions taken over the last 10 weeks. With a slowly declining number of new cases of...

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...