Latest Holiday shopping News

A woman a boy purchase face masks in Hong Kong, Saturday, Feb, 1, 2020. China’s death toll from a new virus has risen over 250 and a World Health Organization official says other governments need to prepare for“domestic outbreak control” if the disease spreads. (AP Photo/Kin Cheung)

China death toll reaches 259; WHO warns countries to prepare

Feb. 1, 2020 4:35 PM EST

BEIJING (AP) — China’s death toll from a new virus rose to 259 on Saturday and a World Health Organization official said other governments need to prepare for“domestic outbreak control” if the disease spreads in their countries. Beijing criticized Washington’s order barring...

FILE - In this Dec. 17, 2019, file photo an Amazon robot sends a package down a chute, transporting packages from workers to chutes that are organized by zip code, at an Amazon warehouse facility in Goodyear, Ariz. reports financial results on Thursday, Jan. 30, 2020. (AP Photo/Ross D. Franklin, FIle)

Amazon's latest milestone: 150 million Prime members

Jan. 30, 2020 7:11 PM EST

NEW YORK (AP) — Amazon had another prime holiday season. The online retailer said Thursday it has more than 150 million Prime members worldwide who pay $119 a year for faster shipping and other perks. That's up 50% from the last time Amazon disclosed the number in 2018. It also surpasses Netflix, which has...

In this Tuesday, Jan. 28, 2020 photo, a shop worker and a deliveryman ride an escalator at a nearly empty shopping mall in Beijing. Fears of a virus outbreak have kept many indoors and at home in China's capital. Cultural landmarks such as the Great Wall and Forbidden City have closed their doors to visitors, nearly deserted shopping malls have reduced their operating hours, and restaurants that remain open draw just a handful of customers. (AP Photo/Mark Schiefelbein)

AP Photos: Beijing hunkers down amid virus outbreak

Jan. 29, 2020 7:17 AM EST

BEIJING (AP) — In a normal year, the city of Beijing springs to life in the closing days of the annual weeklong Lunar New Year holiday as families leave home to shop, dine and visit tourist attractions. But this is not a normal year. Fears of a virus outbreak have kept many indoors and at home in...

FILE- In this Nov. 23, 2018, file photo shoppers browse the aisles during a Black Friday sale at a Target store in Newport, Ky. Comparable stores sales at Target fell well below the previous year, joining a growing list of retailers reporting a meager performances during the critical holiday shopping season. Target said Wednesday, Jan. 15, 2020, that it had weaker-than-expected sales of electronics, toys and some home good. Those sales climbed 1.4% in the November-December period, compared with a 5.7% increase a year earlier.  (AP Photo/John Minchillo, File)

Target, like other retailers, did not have a Merry Christmas

Jan. 15, 2020 1:06 PM EST

Target reported a rare shortfall in holiday sales, raising concerns about the challenges ahead for the traditional retail industry even as the economy remains strong. Target's disappointing growth of 1.4% percent for November and December, dragged down by toys and electronics, fell well below the previous year....

Delta, JPMorgan rise; GameStop, Boston Scientific fall

Jan. 14, 2020 4:43 PM EST

NEW YORK (AP) — Stocks that moved heavily or traded substantially on Tuesday: Delta Air Lines Inc., up $1.96 at $61.45. The airline beat Wall Street's fourth-quarter profit forecasts following a strong holiday travel season. GameStop Corp., down 72 cents at $4.71. The video game retailer's sales plunged...

FILE - In this Tuesday, Nov. 5, 2019 file photo shoppers browse the Holiday Lane section at the Macy's flagship store, in New York. Macy's is closing nearly 30 stores in coming weeks, though the company reported some improvement in comparable-stores sales during the crucial holiday shopping season.  Macy's sales at stores opened at least a year fell 0.6% during the November and December period, which was not as bad as most industry analysts had anticipated. Shares rose more than 2% in early trading Wednesday, Jan. 8, 2020.   (AP Photo/Richard Drew, File)

Macy's closing stores despite upbeat holiday sales numbers

Jan. 8, 2020 2:51 PM EST

NEW YORK (AP) — Macy's is closing 29 stores in coming weeks despite the company reporting some improvement in comparable-stores sales during the crucial holiday shopping season. In an email to The Associated Press, the Cincinnati-based retailer said the store closures include 28 Macy’s locations...

FILE - In this Dec. 16, 2019, file photo a shopping district is decorated for the holidays in Santa Clarita, Calif. On Tuesday, Dec. 31, the Conference Board reports on U.S. consumer confidence for December. (AP Photo/Marcio Jose Sanchez, File)

US consumer confidence ticked down in December

Dec. 31, 2019 10:34 AM EST

BALTIMORE (AP) — U.S. consumer confidence slipped ever so slightly in December, as expectations fell about economic growth over the next six months. The Conference Board said Tuesday that its consumer confidence index edged down to 126.5 from November's reading of 126.8. Americans felt largely confident...

People raise their cellphones lights as they form a human chain on New Year's eve in Hong Kong, Tuesday, Dec. 31, 2019. Months of pro-democracy protests have brought “sadness, anxiety, disappointment and even rage,” the city’s leader Carrie Lam said in a News Year’s address Tuesday. Protests that began in June over a proposed extradition law have spread to include demands for more democracy and other grievances. (AP Photo/Vincent Yu)

Revelers, protesters to see in the new year in Hong Kong

Dec. 31, 2019 8:14 AM EST

HONG KONG (AP) — New Year's revelers and pro-democracy protesters were flocking to sites across Hong Kong on Tuesday to see out 2019. The semi-autonomous Chinese city has toned down the usually raucous celebrations this year amid continuing demonstrations that began in June in opposition to proposed...

FILE - In this Dec. 11, 2019, file photo specialists Anthony Rinaldi, James Denaro and Gregg Maloney, left to right, work on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EST on Friday, Dec. 27. (AP Photo/Richard Drew, File)

US stocks nearly flat; S&P 500 notches 5th weekly gain

Dec. 27, 2019 5:08 PM EST

Major U.S. stock indexes ended essentially flat Friday after a day of mostly listless trading. Even so, the S&P 500 closed out the week with its fifth straight weekly gain. The benchmark index squeaked out a tiny gain that was good enough for its 35th record high this year. The Dow Jones Industrial Average...

Currency traders watch monitors at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Friday, Dec. 27, 2019. Asian stocks followed Wall Street higher on Friday amid optimism U.S.-Chinese trade relations are improving. (AP Photo/Ahn Young-joon)

Global markets mostly higher amid trade optimism

Dec. 27, 2019 8:02 AM EST

BEIJING (AP) — Global stock markets moved mostly higher on Friday amid optimism that U.S.-Chinese trade relations are improving and on early reports that online Christmas shopping was up over last year in the U.S. European markets rose in midday trading and Wall Street was primed for more gains after...