Latest Apparel and accessories retail News

Amazon heads to the mall with prototype clothing store

Jan. 20, 2022 11:48 AM EST

NEW YORK (AP) — First, Amazon competed with malls. Now, it’s moving inside one. The online retailing giant said Thursday that it plans to open a clothing store in a Southern California mall later this year. It's the latest foray into brick-and-mortar for Amazon,...

Rising inflation tightens squeeze on consumers

Jan. 20, 2022 10:26 AM EST

Retail sales took an unexpected dip in December in what could be a signal that persistently rising inflation is prompting a pullback in consumer spending. Consumers paid more for everything from groceries to cars in 2021 as companies passed along the costs of pricier raw materials...

News crew guard dies after being shot in attempted robbery

Nov. 27, 2021 18:54 PM EST

OAKLAND, Calif. (AP) — A security guard has died after he was shot while he protected a San Francisco Bay Area television news crew covering a smash-and-grab theft, part of a rash of organized retail crime in the region. “We are devastated by the loss of security...

Holiday season moves into high gear but challenges remain

Nov. 25, 2021 07:04 AM EST

NEW YORK (AP) — Buoyed by solid hiring, healthy pay gains and substantial savings, shoppers are returning to stores and splurging on all types of items. But the big question is: How much will supply shortages, higher prices and staffing issues dampen their mood this...

LA luxury mall latest to be hit by smash-and-grab thieves

Nov. 23, 2021 23:13 PM EST

LOS ANGELES (AP) — A group of thieves smashed windows at a department store at a luxury mall in Los Angeles, triggering a police pursuit just days after high-end stores throughout the San Francisco Bay Area were targeted. The latest incident in a national trend of...

Best Buy, Medtronic fall; Dollar Tree, Dycom rise

Nov. 23, 2021 16:21 PM EST

Stocks that traded heavily or had substantial price changes Tuesday: Best Buy Co., down $16.99 to $121.01. The consumer electronic chain's gross profit margins tightened during the third quarter. Dycom Industries Inc., up $16.41...

Organized thieves hit high-end Bay Area stores amid trend

Nov. 22, 2021 20:03 PM EST

SAN FRANCISCO (AP) — Groups of thieves, some carrying crowbars and hammers, smashed glass cases and window displays and ransacked high-end stores throughout the San Francisco Bay Area, stealing jewelry, sunglasses, suitcases and other merchandise before fleeing in waiting cars during a...