Retail industry

FILE- In this Feb. 22, 2018, file photo, a shopper loads her car after shopping at a Walmart in Pittsburgh. Walmart Inc. reports earnings on Thursday, May 17, 2018. (AP Photo/Gene J. Puskar, File)
May 17, 2018 - 6:15 pm
NEW YORK (AP) — Walmart's improving store experience and rebounding online sales helped to power first-quarter results. The world's largest retailer reported Thursday that both revenue and profits beat Wall Street estimates. Sales at stores opened at least a year rose a solid 2.1 percent. It's an...
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In this Wednesday, May 16, 2018, photo, the JC Penney logo is seen hanging outside the Manhattan mall in New York. J.C. Penney Co. reports earnings on Thursday, May 17. (AP Photo/Mary Altaffer)
May 17, 2018 - 8:34 am
NEW YORK (AP) — J.C. Penney cut its outlook for the year as it trims costs to help offset declining revenue. The company's first-quarter loss is along the lines of what analysts had expected, and revenue topped expectations. But its outlook for the year is short of most projections. Shares slid 11...
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FILE- In this April 26, 2018, file photo, Vincent Pepe enjoys some fresh air outside the New York Stock Exchange where he works in the Financial District in New York. The U.S. stock market opens at 9:30 a.m. EDT on Wednesday, May 16. (AP Photo/Kathy Willens, File)
May 16, 2018 - 4:37 pm
U.S. stocks notched solid gains Wednesday, recouping some of the market's losses from a day earlier. Technology and health care companies drove much of the rebound, outweighing losses in safe-play stocks like utilities and real estate investment trusts. Small-company stocks fared better than the...
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FILE- This May 2, 2017, file photo shows corporate signage at Macy's flagship store in Manhattan, in New York. Macy's Inc. reports earnings Wednesday, May 16, 2018. (AP Photo/Bebeto Matthews, File)
May 16, 2018 - 12:06 pm
NEW YORK (AP) — With shoppers in a mood to spend, particularly on clothing, Macy's surpassed profit and revenue expectations for the first quarter of the year and raised its outlook. The company reported its second straight quarter of higher sales at existing stores after a three-year funk. Its...
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FILE- In this April 19, 2017, file photo, specialist Anthony Rinaldi is reflected in a screen at his post on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Tuesday, May 15, 2018. (AP Photo/Richard Drew, File)
May 15, 2018 - 12:09 pm
U.S. stocks moved broadly lower in midday trading Tuesday, led by declines in technology, health care and consumer-focused companies. The slide put the Dow Jones industrial average on track to end an eight-day winning streak. Banks rose as bond prices fell, sending yields to their highest level in...
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FILE- In this March 28, 2018, file photo, a man walks in front of a Sears sign in San Bruno, Calif. In a move announced Monday, May 14, Sears Holdings Corp. says a special committee of its board is starting a formal process to explore the sale of its Kenmore brand and related assets. (AP Photo/Jeff Chiu, File)
May 14, 2018 - 11:28 am
NEW YORK (AP) — Sears Holdings Corp. is considering selling its storied Kenmore brand along with other related assets. The ailing company, which operates department stores under the Sears and Kmart names, says a special committee of its board is starting a formal process to explore the sale. The...
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California Treasure John Chiang, a member of the California State Teacher's Retirement System Investment Committee, discusses his proposal to lobby gun retailers to stop selling weapons and accessories in other states that are banned in California, Wednesday, May 9, 2018, in West Sacramento, Calif. The board voted to approve the measure. (AP Photo/Rich Pedroncelli)
May 09, 2018 - 8:26 pm
WEST SACRAMENTO, Calif. (AP) — One of the largest public pension funds in the nation voted Wednesday to use its financial might to pressure gun retailers across the country to stop selling military-style assault weapons and accessories like rapid-fire "bump stocks" used at the 2017 Las Vegas mass...
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FILE - In this June 30, 2011, file photo, a United Parcel Service driver delivers packages from Amazon.com in Palo Alto, Calif. Shoppers will be able to buy any brand of tires on Amazon.com, have them shipped to a Sears Auto Center and then bring in their car to get them installed. It's the latest deal between Sears and Amazon as the struggling department store operator seeks to boost sales. (AP Photo/Paul Sakuma, File)
May 09, 2018 - 1:35 pm
NEW YORK (AP) — Shoppers will be able to buy any brand of tires on Amazon.com, have them shipped to a Sears Auto Center and then bring in their car to get them installed. It's the latest deal between Sears and Amazon as the struggling department store operator seeks to boost sales. Last year,...
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FILE - This June 1, 2017, file photo, shows a Walmart sign at a store in Hialeah Gardens, Fla. Walmart says it will pay about $16 billion for a majority stake in India’s leading e-commerce company Flipkart, giving the world’s largest retailer a formidable presence in a fast-growing economy. (AP Photo/Alan Diaz, File)
May 09, 2018 - 8:53 am
BENTONVILLE, Ark. (AP) — Walmart is breaking into India's massive and growing consumer market, spending $16 billion for a controlling stake in the online retailer Flipkart, whose delivery drivers, with their motorcycles and oversized backpacks, have become ubiquitous across the nation of 1.3...
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George Barrett, left, executive chairman of the board, Cardinal Health, Inc., Dr. Joseph Mastandrea, chairman of the board, Miami-Luken, Inc., John Hammergren, chairman, president, and CEO, McKesson Corporation, J. Christopher Smith, former president and CEO, H.D. Smith Wholesale Drug Company, and Steven Collis, chairman, president, and CEO, AmerisourceBergen Corporation, are sworn in before they testify during a hearing of the Committee on Energy and Commerce, Subcommittee on Oversight and Investigations, about the opioid epidemic, on Capitol Hill, Tuesday, May 8, 2018 in Washington. (AP Photo/Alex Brandon)
May 08, 2018 - 3:58 pm
WASHINGTON (AP) — Top executives of the nation's leading wholesale drug distributors told Congress under oath Tuesday that their companies didn't help cause the nation's deadly opioid epidemic, drawing bipartisan wrath that included one lawmaker suggesting prison terms for some company officials...
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