Latest Retail and wholesale News

Markets shake off doldrums as traders get back to buying

May. 17, 2022 16:57 PM EDT

NEW YORK (AP) — Stocks bounced back after a lackluster start to the week with a broad rally Tuesday as traders got back to buying again after a mostly miserable few weeks on Wall Street. The S&P 500 rose 2%, with more than 90% of the companies in the benchmark index notching...

Apple-Books-Top-10

May. 17, 2022 13:18 PM EDT

US Bestseller List - Paid Books Book Title by Author Name - ISBN - (Publisher) 1. The Summer Place by Jennifer Weiner - 9781501133596 - (Atria Books) 2. Book Lovers by Emily Henry - 9780593334843 - (Penguin Publishing Group) 3. It Ends...

Apple-Apps-Top-10

May. 17, 2022 13:17 PM EDT

App Store Top Paid iPhone Apps: 1. Minecraft, Mojang 2. Bloons TD 6, Ninja Kiwi 3. HotSchedules, HotSchedules 4. Geometry Dash, RobTop Games AB 5. Rovio Classics: Angry Birds, Rovio Entertainment Oyj ...

Walmart Q1 profit dragged down as inflation takes a bite

May. 17, 2022 11:20 AM EDT

NEW YORK (AP) — Walmart reported stronger sales for its fiscal first quarter, but its profit took a beating as the nation's largest retailer grappled with surging inflation on food and fuel and higher costs from a snarled global supply chain. The company also on Tuesday cut its...

Retail sales rise 0.9% in April as consumers show resilience

May. 17, 2022 11:13 AM EDT

WASHINGTON (AP) — U.S. retail sales rose 0.9% in April, a solid increase that underscores Americans' ability to keep ramping up spending even as inflation persists at nearly a 40-year high. The increase was driven by greater sales of cars, electronics, and at restaurants, the...

US retail sales rise 0.9% in April in sign of consumer resilience amid high inflation

May. 17, 2022 08:38 AM EDT
WASHINGTON (AP) — US retail sales rise 0.9% in April in sign of consumer resilience amid high inflation.

Home Depot overcomes slow start to year, rising home prices

May. 17, 2022 07:04 AM EDT

Home Depot's first-quarter sales improved despite a slow spring start and the home improvement chain raised its full-year guidance. Revenue increased about 4% to $38.91 billion, easily beating Wall Street expectations, according to a survey of analysts by Zacks Investment Research. ...

Workers start union push at Trader Joe's in Massachusetts

May. 16, 2022 16:25 PM EDT

Employees are seeking to unionize at a Trader Joe's grocery store in western Massachusetts, joining a nationwide surge of labor organizing among retail and food service workers. Organizers at the store in Hadley sent an open letter to company CEO Dan Bane dated Saturday citing...

Review: A landmark NYC police standoff in 'Hold Your Fire'

May. 16, 2022 13:16 PM EDT

When there are so many fictional, burly varieties of heroes so regularly on movie screens, it's jarring to see that the genuine article can be a humble, gaunt former traffic cop who believed in the power of talking. Harvey Schlossberg, who had a doctorate in psychology, is one of the...

This Week: US retail sales, home sales, Deere & Co. earns

May. 16, 2022 00:17 AM EDT

A look at some of the key business events and economic indicators upcoming this week: SIZING UP RETAIL SALES The Commerce Department serves up its monthly tally of U.S. retail sales Tuesday. Economists predict sales at restaurants, shops and other...