Latest Retail industry News

In this Wednesday, May 13, 2020, photo, Amy Witt, owner of the Velvet Window, steam-sanitizes clothes that had been tried on by customers, in Dallas. Small businesses are navigating a new way to work with customers amid concerns of the spread of the coronavirus. (AP Photo/LM Otero)

Forced to adapt, businesses rethink how they make money

May. 24, 2020 10:24 AM EDT

NEW YORK (AP) — Many business owners are changing the way they make money as they attempt to recoup revenue lost to the coronavirus outbreak. The changes can look subtle; for example, when owners of clothing stores decide to beef up their internet business. But often such adjustments involve an entire...

Macy’s to reopen most Hawaii locations for in-store shopping

May. 23, 2020 3:29 PM EDT

HONOLULU (AP) — Macy's Inc. has reopened 11 department store locations in Hawaii with new safety guidelines after temporary closures caused by the coronavirus pandemic. The New York-based company made the announcement Friday saying stores statewide will reopen for in-store shopping, curbside delivery and...

Record-low Memorial Day travel expected despite low prices

May. 23, 2020 10:02 AM EDT

TRENTON, N.J. (AP) — Analysts expect travel numbers for this year's Memorial Day weekend are likely to set a record low despite the cheapest prices in the pump in nearly two decades. AAA Mid-Atlantic says the average price of a gallon of regular gas in New Jersey on Friday was $2.01, up a penny from a week...

With the exception of the cleaning staff, the center court at Westmoreland Mall in Hempfield, Pa., near Pittsburgh, remains clear of large crowds on Monday, March 18, 2020, despite some businesses in the mall remaining open during the coronavirus pandemic. (Steve Adams/Pittsburgh Tribune-Review via AP)

Malls look toward rocky future following pandemic

May. 23, 2020 3:05 AM EDT

PITTSBURGH (AP) — America’s once-dazzling shopping industry is facing blow after blow as department stores anchoring malls across the country file for bankruptcy, a move that could leave already struggling shopping malls permanently in the dark. Sales have plummeted, with a record 16% drop in retail...

In this Thursday, May 21, 2020 photo provided by the Michigan Office of the Governor, Michigan Gov. Gretchen Whitmer speeks during a news conference in Lansing, Mich. Whitmer is relaxing coronavirus restrictions to lift a ban on nonessential medical and dental procedures, reopen retail shops and let residents gather in groups of 10 or less. The small social gatherings can start immediately. Retails stores and auto dealerships can reopen by appointment only starting Tuesday. Medical, dental and veterinary offices can resume nonessential procedures beginning May 29. (Michigan Office of the Governor via AP, Pool)

Whitmer OKs nonessential health procedures, small gatherings

May. 22, 2020 12:17 AM EDT

LANSING, Mich. (AP) — Gov. Gretchen Whitmer on Thursday further relaxed stay-at-home restrictions, saying a ban on nonessential health procedures would be lifted next week and that groups of up to 10 people can gather immediately ahead of the Memorial Day weekend. Retailers can reopen by appointment only,...

FILE - In this Aug. 15, 2019, file photo shoppers enter the TJ Maxx store in Manchester, N.H. TJX Companies Inc., parent of T.J. Maxx and other discount stores reports financial results on Wednesday, Feb. 26, 2020. (AP Photo/Charles Krupa, File)

Retailers reopening more stores, tourism expanding

May. 21, 2020 7:04 PM EDT

The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed. Following are developments Thursday related to national and global response, the work place and the spread of the virus. ________________________ RETAIL ROUNDUP: Macy’s warns it could lose more than a $1...

Missouri mayors want lawmakers to act on online sales tax

May. 21, 2020 6:31 PM EDT

KANSAS CITY, Mo. (AP) — A group of Missouri mayors is asking Gov. Mike Parson to call lawmakers back to work to ensure that the state collects online sales taxes, the Kansas City Star reported Thursday. The mayors asked Parson to call a special session so lawmakers can pass a bill to require out-of-state...

Joey Johnson, AKA Captain Corona, directs traffic at The South Congregational Church Food Pantry, Wednesday, May 20, 2020, in Pittsfield, Mass. The food pantry served about 500 families with pickups Wednesday and Thursday mornings and delivered boxes to others. Additionally, the pantry operates a kitchen that serves up to 100 people per meal to go. (Ben Garver/The Berkshire Eagle via AP)

COVID-19 cases top 90,000; Baker: DOJ push to open churches

May. 21, 2020 5:42 PM EDT

BOSTON (AP) — The number of individuals in Massachusetts diagnosed with confirmed cases of COVID-19 surged past 90,000 on Thursday as the state reported more than 1,100 new cases. The number of confirmed COVID-19-related deaths since the start of the pandemic climbed to more 6,148 as another 82 deaths were...

FILE - In this March 30, 2020 file photo, bicyclists pass in front of a closed Macy's department store in Santa Ana, Calif. Macy’s warned Thursday, May 21 that it could lose more than a $1 billion during its first quarter after the coronavirus pandemic paralyzed retail operations worldwide. (AP Photo/Chris Carlson)

Pandemic highlights big box stores' ability to pivot

May. 21, 2020 5:05 PM EDT

NEW YORK (AP) — Late last year, Best Buy began testing curbside pickup at select stores as a way to respond to customer needs. But that was then. The pandemic accelerated the company's plans and what was supposed to take months instead took just 48 hours, with Best Buy rolling out curbside pickup at nearly...

Clarification: Kroger Bonus Pay story

May. 21, 2020 10:29 AM EDT

CINCINNATI, Ohio (AP) — In a story published May 16, 2020, The Associated Press reported on a call by the United Food and Commercial Workers International union to grocery store chains asking to extend hazard pay for workers during the COVID-19 pandemic. The story should have made clear that the letter...