Latest Retail industry News

FILE - In this Jan. 29, 2020, file photo, Tony Bonczewski repairs a heel on a customer's shoe at his cobbler shop in Wilkes-Barre, Pa. Small business owners have received some upbeat news on the economy this month. Retail sales figures released Friday showed that consumers were inspired by unseasonably warm weather to spend on their homes in January, but that overall sales growth was modest. (Aimee Dilger/The Times Leader via AP, File)

US small businesses are getting upbeat news on the economy

Feb. 18, 2020 3:29 PM EST

Small business owners have received some upbeat news on the economy this month. Retail sales figures released Friday showed that consumers were inspired by unseasonably warm weather to spend on their homes in January, but that overall sales growth was modest. The Commerce Department reported a 0.3% gain last...

FILE - This June 25, 2019, file photo shows the entrance to a Walmart in Pittsburgh. Walmart is reporting  disappointing fourth-quarter profits and sales. The nation's largest retailer says that sales at its U.S. stores heading into the holiday season were weaker than expected. It also said that social unrest in Chile hurt its business. (AP Photo/Gene J. Puskar, File)

A rare miss for Walmart to end the year

Feb. 18, 2020 2:58 PM EST

NEW YORK (AP) — Walmart reported disappointing fourth-quarter profits and sales after a sluggish and shortened holiday shopping season. Violent social protests in Chile, where there are hundreds of Walmart stores, cut into international sales. Walmart also delivered a weak profit forecast for the year and...

The top 10 Apple Books on the iTunes Store

Feb. 18, 2020 1:03 PM EST

Apple Book charts for week ending February 16, 2020: (Rank, Book Title by Author Name, ISBN, Publisher) 1. Summer of '79 by Elin Hilderbrand - 9780316541800 - (Little, Brown and Company) 2. Open Book by Jessica Simpson - 9780062899989 - (Dey Street Books) 3. The Bedroom Experiment by Kendall Ryan - No ISBN...

This Oct. 20, 2019 photo released by  412 Food Rescue shows a volunteer using the Food Rescue Hero app to check in at a Pittsburgh grocery store to pick up donated food. While millions of people struggle with food insecurity and hunger nationwide, the USDA estimates that more than 30% of the food in America is wasted each year.  (Monica Godfrey-Garrison/412 Food Rescue via AP)

Apps help volunteers get excess food to the hungry

Feb. 18, 2020 12:48 PM EST

Food waste and hunger are two enormous problems that some non-profit groups say can be addressed together by getting the extra food to the people who need it. New apps are making that easier. The USDA estimates that more than 30% of the food in America is wasted each year. Besides food waste at home, there is...

FILE - This Sept. 9, 2019, file photo shows reading material on a Southwest Airlines plane at the Tampa International Airport in Tampa, Fla. The Southwest Companion Pass, a benefit of the Southwest Rapid Rewards program allows pass holders to bring one companion on flights for at least a full calendar year free of airline charges (not including taxes and fees). (AP Photo/Mike Stewart, File)

Millennial Money: Make your brand loyalty pay off

Feb. 18, 2020 11:16 AM EST

Blogger Dani Austin of Dallas, Texas, logged into her Southwest Airlines account a few days before the end of 2019. Shortly after, she and her husband, Jordan Joseph Ramirez, flew to Las Vegas (and back home) in less than 72 hours. The spontaneous trip was part of a last-ditch attempt to try to earn the...

A customer steps out of a Pier 1 Imports store which was having a closeout sale, Monday, Feb. 17, 2020, in Larchmont, N.Y. Home goods retailer Pier 1 Imports Inc. filed for bankruptcy protection Monday after years of sliding sales. The Fort Worth, Texas-based company, which was founded in 1962, has recently struggled with increased competition from online retailers such as Wayfair. (AP Photo/Julie Jacobson)

Pier 1 files for bankruptcy protection amid online challenge

Feb. 17, 2020 7:17 PM EST

Pier 1 Imports Inc. — the once-trendy supplier of home goods like papasan chairs and throw pillows — filed for bankruptcy protection Monday after years of sliding sales. The Fort Worth, Texas-based company has been struggling with increased competition from budget-friendly online retailers like...

FILE - In a Feb. 14, 2020 file photo, employees wear face masks as they stand in a reopened Apple Store in Beijing. Apple Inc. is warning investors that it won't meet its second-quarter financial guidance because the viral outbreak in China has cut production of iPhones. The Cupertino, California-based company said Monday, Feb. 17, 2020 that all of its iPhone manufacturing facilities are outside Hubei province, and all have been reopened, but production is ramping up slowly. (AP Photo/Mark Schiefelbein, File)

Apple warns China virus will cut iPhone production, sales

Feb. 17, 2020 5:18 PM EST

CUPERTINO, Calif. (AP) — Apple Inc. is warning investors that it won't meet its second-quarter financial guidance because the viral outbreak in China has cut production of iPhones. The Cupertino, California-based company said Monday that all of its iPhone manufacturing facilities are outside Hubei...

FILE - In this Monday, July 18 2007, file photo, Charlie Williams, a resident of Canton, Ga., and working in Gallup, N.M., takes a drag of a cigarette at the El Rancho Hotel in Gallup, N.M. Vaping shops and other tobacco retail outlets in New Mexico would be licensed and regulated by the state for the first time, under a proposal headed toward a decisive state House vote. The Senate-approved bill would license retail tobacco vendors and apply administrative sanctions against prohibited sales to youths under age 21. A House panel on health policy endorsed the bill Monday, Feb. 17, 2020, setting up a House floor vote. (Brian Leddy/Gallup Independent via AP)

Legislators seek enforcement of age limits on tobacco sales

Feb. 17, 2020 4:16 PM EST

SANTA FE, N.M. (AP) — Vaping shops and other tobacco retail outlets in New Mexico would be licensed and regulated by the state for the first time, under a proposal headed toward a decisive state House vote. The proposal from Democratic legislators responds to rising rates of vaping among children and young...

In this March 27, 2019 file photo, a man leaves a supermarket in the East Village neighborhood of Manhattan carrying his groceries in a plastic bag. New York retailers have begun giving up single-use plastic bags as the state prepares for the March 1, 2020, implementation of a ban aimed at reducing pollution. But some worry the state's new regulations include a loophole that could potentially allow stores to phase in plastic bags thick enough to be considered multiuse. (AP Photo/Mary Altaffer, File)

Some worry if New York's coming plastic bag ban is enough

Feb. 17, 2020 3:41 PM EST

ALBANY, N.Y. (AP) — New York retailers have begun giving up single-use plastic bags as the state prepares for the March 1 implementation of a ban aimed at reducing pollution, but many of those who support a move away from plastic are worried the new law doesn't go far enough. The law bars many types of...

Gas prices dip in northern New England, rise nationwide

Feb. 17, 2020 9:22 AM EST

CONCORD, N.H. (AP) — Gas prices are going up nationwide, but not in northern New England. The lastest GasBuddy.com survey shows Maine gas prices falling half a cent per gallon the last week to an average of $2.41. The average price in New Hampshire is $2.38 per gallon, a penny lower than last week. In...