Retail industry

FILE - In this July 17, 2018, file photo UPS employee Liz Perez unloads packages for delivery in Miami. On Monday, July 15, 2019, the first day of Amazon Prime Day's 48-hour sales event, large retailers, those that generated annual revenue of at least a billion dollars, enjoyed a 64% increase in online sales compared with an average Monday, according to Adobe Analytics, which measures 80 of the top 100 retailers on the web in the U.S. (AP Photo/Lynne Sladky, File)
July 16, 2019 - 1:04 pm
NEW YORK (AP) — The gravitational pull of Amazon Prime Day is so strong on shoppers it's benefiting other retailers as well, according to an early analysis from a key data group. On Monday, the first day of its 48-hour sales event, large retailers, those that generated annual revenue of at least a...
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Julie Wainwright, center, CEO of The RealReal, celebrates her company's IPO at the Nasdaq opening bell, Friday, June 28, 2019 in New York. The online reseller of luxury brand clothing and accessories is based in San Francisco. (AP Photo/Mark Lennihan)
June 28, 2019 - 11:05 am
NEW YORK (AP) — Shares of The RealReal jumped on their first day of trading Friday, as the secondhand-fashion online retailer tests investors' appetite for the staying power of online marketplaces for pre-owned discounted Gucci and other luxury goods. The San Francisco company, founded in 2011 by...
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In this June 17, 2019, photo, a salesclerk puts goods into a paper bag after a customer purchased them, at a Seven-Eleven store in Yokohama, near Tokyo. Seven & i Holdings Co., a major Japanese convenience store operator, announced on May, 2019, a plan to replace all plastic shopping bags with paper by 2030 and all plastic packaging with paper, biodegradable or other reusable materials at its nearly 21,000 stores nationwide. Japan, as host of the Group of 20 Summit this weekend, hopes to lead the world in reducing plastic waste. (AP Photo/Koji Sasahara)
June 26, 2019 - 8:37 pm
TOKYO (AP) — Japan has a plastic problem. In a country where cleanliness and neat packaging have long been considered good service, almost everything, from single bananas to individual pieces of vegetables, pastries, pens and cosmetics is sold plastic-wrapped. But as world leaders descend on Osaka...
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A sign for Philadelphia Energy Solutions stands at the refining complex in Philadelphia, Wednesday, June 26, 2019. The owner of the largest oil refinery complex on the East Coast is telling officials that it will close the facility after a fire last week set off explosions and damaged the facility. Philadelphia Mayor Jim Kenney said in a statement Wednesday that Philadelphia Energy Solutions had informed him of its decision to shut down the facility in the next month. The more than 1,000 workers there will be impacted, the mayor said. (AP Photo/Matt Rourke)
June 26, 2019 - 2:07 pm
The largest oil refinery on the East Coast will close after a devasting fire last week that set off explosions and damaged equipment, and consumers could see gas prices rise as summer travel hits full swing, officials and analysts said Wednesday. Philadelphia Energy Solutions has decided to shut...
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(AP Photo/J. Scott Applewhite)
June 26, 2019 - 10:35 am
WASHINGTON (AP) — The Supreme Court is striking down a Tennessee law that makes it hard for outsiders to break into the state's liquor sales market. The court voted 7-2 Wednesday in ruling that a state requirement that someone live in Tennessee for two years to be eligible for a license to sell...
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Customers wait on a long check out line at a Target store in San Francisco on Saturday, June 15, 2019. Target suffered a technological glitch that stalled checkout lines at its stores worldwide Saturday, exasperating shoppers and eating into sales at a prime time for retailers. The outage periodically prevented Target's cashiers from scanning merchandise or processing transactions. Self-checkout registers also weren't working at times, causing massive lines in some stores. (AP Photo/Michael Liedtke)
June 15, 2019 - 5:58 pm
SAN FRANCISCO (AP) — A glitch stalled checkout lines at Target stores worldwide Saturday, exasperating shoppers and potentially eating into sales at a prime time for retailers, the day before Father's Day. The roughly two-hour outage periodically prevented Target's cashiers from scanning...
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FILE- In this May 19, 2019, file photo, a line of unsold 2019 CX-5 sports-utility vehicles sits at a Mazda dealership in Littleton, Colo. On Friday, June 14, the Commerce Department releases U.S. retail sales data for May. (AP Photo/David Zalubowski, File)
June 14, 2019 - 8:58 am
WASHINGTON (AP) — Americans stepped up their retail spending last month, a sign that low unemployment and modest wage gains are encouraging consumers to shop. The Commerce Department said Friday that retail sales rose 0.5% in May, after a smaller gain of 0.3% in the previous month. April's figure...
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FILE- In this June 6, 2019, file photo specialist John Parisi, left, works with traders on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Thursday, June 13. (AP Photo/Richard Drew, File)
June 13, 2019 - 10:48 am
NEW YORK (AP) — U.S. stocks edged higher in early trading Thursday on Wall Street as a spike in oil prices boosted energy stocks following a suspected attack on two oil tankers in the strategic Strait of Hormuz. U.S. oil rose 3.2% and Brent crude, the international benchmark, gained 2.8%. The gains...
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FILE - In this Feb. 20, 2019, file photo a mannequin wears a red dress inside the Saks Fifth Avenue's flagship midtown Manhattan store in New York. A group of shareholders of Saks Fifth Avenue's parent is making an offer to take the struggling department store chain private. The offer was announced Monday, June 10. (AP Photo/Kathy Willens, File)
June 10, 2019 - 11:26 am
NEW YORK (AP) — A group of shareholders of Saks Fifth Avenue's parent is making an offer to take the struggling department store chain private. The offer, announced Monday, is being led by Hudson's Bay Executive Chairman Richard Baker, Rhone Capital LLC, WeWork Property Advisors, Hanover Investment...
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FILE - This Aug. 31, 2017 file photo, shows a Barnes and Noble Booksellers store in Pittsburgh. The beleaguered bookseller is being sold to Elliott Management Corp. in a $476 million deal. Elliott will pay $6.50 per share. That’s an approximately 9% percent premium to the company’s Thursday closing price of $5.96. The transaction is valued at about $683 million, including debt. (AP Photo/Gene J. Puskar, File)
June 07, 2019 - 2:09 pm
Barnes & Noble is being acquired by a hedge fund for $476 million and will be taken private. The national chain that many blamed for the demise of independent bookstores has been ravaged by Amazon.com and other online sellers, but remains a critical outlet for publishers. On Friday, it was...
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