Latest Transportation and shipping News
Japan’s exports rise nearly 8% in February on strong shipments of cars and machinery
TOKYO (AP) — Japan’s exports rose 7.8% in February from a year earlier on strong shipments of cars and electrical machinery, the government said Thursday. Exports in February totaled 8.2 trillion yen ($55 billion), marking the third straight month of growth, according to...
Want to feel special? Stores and restaurants with paid memberships are betting on it
NEW YORK (AP) — How much does it cost to feel special? At Chuck E- Cheese, the family entertainment and pizza chain, the price is $7.99, $11.99 or $29.99 per month. At the other end of the spectrum, the founder of a shopping app called Long Story Short wants to charge members...
Target launches new paid membership program in a bid to drive sales at a time of cautious spending
NEW YORK (AP) — Target, looking for ways to reverse a sales malaise, is getting into Amazon territory: the paid membership game. The Minneapolis discounter said Tuesday the new paid program, called Target Circle 360, will offer unlimited free same-day delivery in as little as an...
Saks CEO Marc Metrick on how he's tackling online return fraud, a growing industrywide issue
NEW YORK (AP) — At Saks Fifth Avenue’s return area at its Manhattan flagship, shoppers now see a camera and signage highlighting the enhanced video surveillance and a new policy: customers must now show a photo ID. The company is also looking at ways to better scrutinize returned...
The RealReal: Q4 Earnings Snapshot
SAN FRANCISCO (AP) — SAN FRANCISCO (AP) — The RealReal Inc. (REAL) on Thursday reported a loss of $21.7 million in its fourth quarter. On a per-share basis, the San Francisco-based company said it had a loss of 21 cents. Losses, adjusted for stock option expense and restructuring...
Family Dollar Stores agrees to pay $41.6M for rodent-infested warehouse in Arkansas
LITTLE ROCK, Ark. (AP) — Family Dollar Stores, a subsidiary of Dollar Tree Inc., pleaded guilty Monday to holding food, drugs, cosmetics and other items under “insanitary” conditions at a now-closed, rodent-infested distribution center in West Memphis, Arkansas, federal prosecutors said. ...
Senators urge Biden to end duty-free treatment for packages valued at less than $800
WASHINGTON (AP) — Two U.S. senators looking to crack down on the number of packages from China that enter the country duty-free are calling on President Joe Biden to take executive action, saying U.S. manufacturers can’t compete with low-cost competitors they say rely on forced labor and state...
Georgia Senate backs $5 billion state spending increase, including worker bonuses and roadbuilding
ATLANTA (AP) — Georgia's Senate is supporting changes to the state budget that would add $5 billion in spending, including money for bonuses already paid to state employees and teachers, additional roadbuilding, new dental and medical schools, and paying down some state debts. The...
Home Depot: Fiscal Q4 Earnings Snapshot
ATLANTA (AP) — ATLANTA (AP) — The Home Depot Inc. (HD) on Tuesday reported fiscal fourth-quarter profit of $2.8 billion. The Atlanta-based company said it had net income of $2.82 per share. The results surpassed Wall Street expectations. The average estimate of 15...
Mexico will likely elect a woman as its next president, but money to govern is already being spent
MEXICO CITY (AP) — Mexico is almost certain to elect its first female president in June — both leading candidates are women — but it’s almost equally as certain that she won’t have much room to act independently of outgoing President Andrés Manuel López Obrador. The...