Latest Retail industry News

Frankfort’s food desert: what's been lost and what may come

Jan. 16, 2021 12:00 PM EST

FRANKFORT, Ky. (AP) — In December, shortly after the city bought the old Bryant’s Pic-Pac building, Frankfort resident Devin Armstrong started a petition. “You can talk to just about anybody in South Frankfort and if you talk for 15 minutes or so, the need for a grocery here will come...

Gas prices rise to pre-pandemic levels in NJ, around nation

Jan. 16, 2021 10:14 AM EST

TRENTON, N.J. (AP) — Gas prices have increased to pre-pandemic levels in New Jersey and around the nation, analysts say. AAA Mid-Atlantic says the average price of a gallon of regular gas in New Jersey on Friday was $2.52, up eight cents from a week ago. Drivers were paying an average of $2.63 a gallon a...

Evers calls lack of 2nd vaccine doses 'slap in the face'

Jan. 15, 2021 10:06 PM EST

MADISON, Wis. (AP) — Gov. Tony Evers blasted federal officials Friday for promising to release the remainder of their COVID-19 vaccine stockpile when it apparently was already exhausted, calling the pledge a “slap in the face.” Evers has been taking pointed criticism from Republican...

FILE - In this Nov. 5, 2020 file photo, a Target employee places a curbside pickup purchase into the trunk of a customer in Jackson, Miss. The nation’s largest retail trade group says Friday, Jan. 15, 2021,  that holiday sales soared 8.3%, far exceeding its forecast even as the coronavirus kept shoppers away from physical stores.  (AP Photo/Rogelio V. Solis, File)

Retail group: holiday sales up 8.3% amid big spending shift

Jan. 15, 2021 3:07 PM EST

NEW YORK (AP) — The nation’s largest retail trade group said Friday that holiday sales soared 8.3%, far exceeding its forecast even as the coronavirus kept shoppers away from physical stores. The National Retail Federation had expected growth in a range of 3.6% to 5.2% for the November and December...

Pedestrians wearing protective face masks walk past the ancient Agora, in Athens, on Friday, Jan. 15, 2021. Greece's prime minister says the country's retail sector might begin to gradually reopen next week, if the scientists advising the government on the coronavirus pandemic recommend it is safe to do so today. (AP Photo/Petros Giannakouris)

Greece: Lockdown extended indefinitely but stores to reopen

Jan. 15, 2021 1:30 PM EST

ATHENS, Greece (AP) — Greece's government has extended nationwide lockdown measures indefinitely but says retail stores and malls will reopen Monday with strict entrance limits. Civil protection chief Nikos Hardalias said Friday that a nightly curfew, domestic travel restrictions and stay-at-home orders...

A sale sign is displayed near the entrance of a Hallmark store Tuesday, Jan. 12, 2021, in Orlando, Fla.  Retail sales fell for a third straight month, as a surge in virus cases kept people away from stores and restaurants during the holiday shopping season.     The report released Friday is yet another sign that the pandemic is slowing the U.S. economy. Last month, the country lost jobs for the first time since the spring.(AP Photo/John Raoux)

U.S. retail sales fell in December for 3rd straight month

Jan. 15, 2021 12:29 PM EST

NEW YORK (AP) — Americans cut back on spending in December for the third-straight month as a surge in virus cases kept people away from stores during the critical holiday shopping season. The U.S. Commerce Department said Friday that retail sales fell a seasonally adjusted 0.7% in December from the month...

FILE - In this Monday, May 2, 2016, file photo, Jet.com CEO Marc Lore speaks during an interview in Hoboken, N.J.  Lore, Walmart’s e-commerce chief, is leaving the world’s largest retailer, Friday, Jan. 15, 2021, nearly five years after he joined to super charge its online business amid stiffer competition from online leader Amazon. Under Lore’s stewardship, Walmart led the redesign of the company’s website, expanded its online assortment from 10 million to more than 80 million and transformed its delivery network to add two-day and same day delivery.    (AP Photo/Seth Wenig, File)

Walmart's e-commerce chief to leave after nearly 5 years

Jan. 15, 2021 12:07 PM EST

NEW YORK (AP) — Marc Lore, Walmart's e-commerce chief, is leaving the world's largest retailer, nearly five years after he joined to super charge its online business amid stiffer competition from online leader Amazon. Under Lore's stewardship, Walmart led the redesign of the company's website and app,...

U.S. retail sales fell 0.7% in December as shoppers kept away from stores as virus cases rose

Jan. 15, 2021 8:36 AM EST
NEW YORK (AP) — U.S. retail sales fell 0.7% in December as shoppers kept away from stores as virus cases rose.
FILE- In this Aug. 3, 2017, file photo the Dollar General store is pictured in Luther, Okla.  As vaccinations continue across the U.S., some companies are offering financial incentives to encourage their workers to get the shots. Dollar General is one of the first major companies to announce extra pay for workers who get vaccinated. The Tennessee-based retailer said Wednesday, Jan. 13, 2021  it will give employees the equivalent of four hours of pay if they get the vaccine.    (AP Photo/Sue Ogrocki, File)

Instacart, others push incentives to get workers vaccinated

Jan. 14, 2021 7:31 PM EST

As vaccinations continue across the U.S., some companies are offering financial incentives to encourage their workers to get the shots. Instacart Inc., the grocery delivery service, announced Thursday that it would provide a $25 stipend for workers who get the COVID-19 vaccine. It joins others, including Trader...

Kentucky ramps up vaccine rollout as virus deaths top 3,000

Jan. 14, 2021 7:01 PM EST

FRANKFORT, Ky. (AP) — Kentucky will ramp up COVID-19 vaccinations by partnering with Kroger to create inoculation centers that will expand the groups of people receiving shots, Gov. Andy Beshear said Thursday. Renewal of the state's partnership with the grocery store chain — which played a pivotal...