Latest Retail industry News

This undated photo provided by Amazon shows the Amazon One device at an Amazon Go store in Seattle. Amazon has introduced the new palm recognition technology in a pair of Seattle stores and sees broader uses in places like stadiums and offices.  Customers at the stores near Amazon's campus in Washington can flash a palm for entry and to buy goods. (Amazon via AP)

Amazon sees broad audience for its palm recognition tech

Sep. 29, 2020 6:03 PM EDT

SEATTLE (AP) — Amazon has introduced new palm recognition technology in a pair of Seattle stores and sees a broader potential audience in stadiums, offices and other gated or secured locations. Customers at the stores near Amazon's campus in Washington can flash a palm for entry into secured areas and buy...

Governor: 10 p.m. alcohol ban under review, other aid on way

Sep. 29, 2020 6:02 PM EDT

COLUMBUS, Ohio (AP) — The state's ban on alcohol sales after 10 p.m. is under review and aid could be on the way to small businesses hurt by the economic slowdown during the pandemic, Ohio Gov. Mike DeWine said Tuesday. The Republican governor said he understands the impact the ban — meant to slow...

FILE - This Oct. 8, 2019 file photo shows the Apple Pay app on an iPhone in New York. Using contactless payments for in-person retail transactions offers convenience and security benefits, but amid the coronavirus pandemic, hygiene might be the best reason yet. “Contactless” usually means tap-to-pay credit and debit cards, smartphone digital wallets or retailer apps. (AP Photo/Jenny Kane, File)

Millennial Money: Try touchless payment to avoid dirty money

Sep. 29, 2020 4:53 PM EDT

If you’re looking for a self-improvement task in this pandemic era, try teaching yourself to use contactless payments with your phone or “tap-to-pay” credit and debit cards. Any germaphobe will tell you that the surfaces of bills and coins have always been gross. And handing your credit card...

Two men plead not guilty in death of Mississippi store owner

Sep. 28, 2020 9:38 AM EDT

HATTIESBURG, Miss. (AP) — Two of the five men accused of fatally shooting a Mississippi grocery store owner were arraigned in court Friday. Eric “Lil E” Williams and Jatyran “Tug” Tuggle pleaded not guilty to conspiracy to commit armed robbery and capital murder in the 2019...

Task force OKs allowing 100% capacity for retailers

Sep. 27, 2020 10:22 AM EDT

CONCORD, N.H. (AP) — The governor's economic reopening task force has approved updated guidance allowing full capacity at retail stores, which have been hard hit by the coronavirus pandemic. Retailers have been limited to half capacity, and while some sectors like garden centers have done well, some...

Gas prices drop more in NJ, tick up across nation overall

Sep. 26, 2020 12:20 PM EDT

TRENTON, N.J. (AP) — Gas prices dropped further in New Jersey but ticked up across the nation on average, analysts say. AAA Mid-Atlantic says the average price of a gallon of regular gas in New Jersey on Friday was $2.17, down two cents from last week. The national average price for a gallon of regular...

FILE - In this Aug. 27, 2018, file photo, a patched sign stands at the construction site for the Consumer Financial Protection Bureau's new headquarters in Washington. California created what supporters called its own nation-leading, state-level version of the federal Consumer Financial Protection Bureau after critics said the Trump administration significantly weakened national protections, Friday, Sept. 25, 2020. The legislation that Gov. Gavin Newsom signed into law changes the existing Department of Business Oversight into the Department of Financial Protection and Innovation in what proponents said is the first such move by any state. (AP Photo/Andrew Harnik, File)

California expands financial protections after US rollback

Sep. 25, 2020 6:58 PM EDT

SACRAMENTO, Calif. (AP) — California on Friday created what supporters call its own nation-leading, state-level version of the federal Consumer Financial Protection Bureau after critics said the Trump administration significantly weakened national protections. The legislation that Gov. Gavin Newsom signed...

FILE - In this Wednesday, March 21, 2018 file photo, The logo of the German car manufacturer BMW is visible at the headquarters during the earnings press conference in Munich, Germany. BMW will pay an $18 million fine to settle allegations that it inflated its U.S. monthly sales numbers for five straight years. The Securities and Exchange Commission said Thursday, Sept. 24, 2020 that the German luxury automaker kept a reserve of unreported sales that it drew on to meet monthly targets from 2015 to 2019.(AP Photo/Matthias Schrader, File)

BMW fined $18 million for inflating monthly US sales figures

Sep. 24, 2020 5:43 PM EDT

DETROIT (AP) — BMW will pay an $18 million fine to settle allegations that it inflated its monthly U.S. sales numbers for five straight years. The Securities and Exchange Commission said Thursday that the German luxury automaker kept a reserve of unreported sales that it drew on to meet monthly targets...

This is the sign on a Rite Aid Pharmacy in Pittsburgh, Pa., Tuesday, April 14, 2020.  Rite Aid topped Wall Street expectations for the fiscal second quarter, Thursday, Sept. 24,  and gave a revised annual forecast, one quarter after withdrawing it due to COVID-19 uncertainty. (AP Photo/Gene J. Puskar)

Rite Aid tops Street 2Q expectations, revises forecast

Sep. 24, 2020 9:14 AM EDT

Rite Aid topped Wall Street expectations for the fiscal second quarter and gave a revised annual forecast, one quarter after withdrawing it due to COVID-19 uncertainty. The drugstore chain said Thursday that its quarterly loss shrank to $13.2 million from $79.3 million in the previous year’s quarter. An...

A currency trader watches monitors at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Thursday, Sept. 24, 2020. Asian shares were mostly lower Thursday as caution again after a retreat on Wall Street driven by a decline in technology shares.(AP Photo/Ahn Young-joon)

Asian shares fall as caution sets in after Wall St retreat

Sep. 23, 2020 11:05 PM EDT

Asian shares were mostly lower Thursday as caution set in after a retreat on Wall Street driven by a decline in technology shares. Market players are feeling less optimistic about action from the U.S. Federal Reserve and Congress to help the U.S. economy amid the distractions of the presidential election and the...