Latest Retail sales News

US retail sales rose 0.6% in June, better than decline seen

Jul. 16, 2021 12:33 PM EDT

Americans spent more last month on clothing, electronics and dining out as the economy opened up and pandemic-related restrictions were lifted. Retail sales rose a seasonal adjusted 0.6% in June from the month before, the U.S. Commerce Department said Friday. The...

US retail sales rose 0.6% in June as Americans spent more on clothing, electronics and dining out

Jul. 16, 2021 08:35 AM EDT
NEW YORK (AP) — US retail sales rose 0.6% in June as Americans spent more on clothing, electronics and dining out.

This Week: Delta earns, industrial production, retail sales

Jul. 12, 2021 01:03 AM EDT

A look at some of the key business events and economic indicators upcoming this week: LESS RED Delta Air Lines reports its second-quarter results Wednesday. Wall Street expects the company narrowed its loss in the April-June...

Chinese ride service Didi told to take app off online stores

Jul. 04, 2021 09:57 AM EDT

BEIJING (AP) — Ride-hailing service Didi Global Inc., which made its U.S. stock market debut last week, was ordered Sunday by Chinese regulators to remove its app from online stores while the company overhauls its handling of customer data. Dozens of social media and...

Asian shares higher, but China down after tough talk from Xi

Jul. 02, 2021 03:30 AM EDT

TOKYO (AP) — Shares were mostly higher in Asia on Friday, though markets in Shanghai and Hong Kong declined a day after the Chinese Communist Party marked its centenary with tough talk by Chinese President Xi Jinping. On Wall Street on Thursday, the benchmark S&P...

Gap to close all UK, Ireland stores; shifts business online

Jul. 01, 2021 08:56 AM EDT

LONDON (AP) — In another blow to Britain's retail sector, American clothing company Gap said that it will close all of its stores in the U.K. by the end of the year as it moves its business exclusively online. The closures will take place in a phased manner by the end...

Parson signs bill requiring online sales tax collection

Jun. 30, 2021 16:15 PM EDT

JEFFERSON CITY, Mo. (AP) — Gov. Mike Parson on Wednesday signed a bill to require out-of-state online stores to collect sales taxes on purchases made by Missouri residents starting in 2023. Missouri is the last state with a sales tax to approve such a requirement....

Connecticut governor signs recreational marijuana into law

Jun. 22, 2021 14:53 PM EDT

HARTFORD, Conn. (AP) — Gov. Ned Lamont on Tuesday signed a bill making Connecticut the 19th state to legalize recreational use of marijuana, which remains an illegal drug under federal law. People age 21 and older will be allowed to possess and consume marijuana...

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...