Retail and wholesale

March 15, 2019 - 11:15 am
FREEPORT, Maine (AP) — L.L. Bean enjoyed a small increase in sales in the past year, enough so that it's restoring for its 5,400 eligible workers, officials said Friday. The Maine-based retailer's revenues grew by 1 percent, nearly flat at $1.6 billion, in a changing and challenging environment for...
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FILE - In this April 11, 2018, file photo, a high school student uses a vaping device near a school campus in Cambridge, Mass. U.S. health regulators are moving ahead with a plan to keep e-cigarettes out of the hands of teenagers by restricting sales of most flavored products in convenience stores and online. (AP Photo/Steven Senne, File)
March 13, 2019 - 2:15 pm
WASHINGTON (AP) — U.S. health regulators are moving ahead with a plan designed to keep e-cigarettes out of the hands of teenagers by restricting sales of most flavored products in convenience stores, gas stations, pharmacies and other retail locations. The new guidelines, first proposed in November...
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This photo provided by the FDA shows Claire's Eyeshadows. Claire’s is recalling Claire's Eyeshadows and two other makeup products after U.S. regulators warned people not to use them because of possible asbestos. Last week, the Food and Drug Administration said product samples tested positive for asbestos but that Claire’s refused to issue a recall. The retailer at the time disputed the test results but said it removed the products from its stores. Now, it’s also recalling the products, which were sold between October 2016 and March 2019. (FDA via AP)
March 13, 2019 - 10:03 am
NEW YORK (AP) — The retailer Claire's is recalling three makeup products after U.S. regulators warned they might contain asbestos. Last week, the Food and Drug Administration said product samples tested positive for asbestos but that Claire's refused to recall any products that might still be in...
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The Boeing logo appears above a trading post on the floor of the New York Stock Exchange before the opening bell, Monday, March 11, 2019. Boeing shares were predicted to fall at the open on Wall Street after the crash Sunday of a 737 Max 8 plane in Ethiopia that killed all 157 people aboard. (AP Photo/Richard Drew)
March 11, 2019 - 12:02 pm
NEW YORK (AP) — The latest on developments in financial markets (all times local): 11:55 a.m. Technology stocks are powering broad gains on Wall Street, although a drop in Boeing is weighing on the Dow Jones Industrial Average. Apple is up 3.2 percent after an analyst upgraded the stock, while...
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FILE- In this July 6, 2018, file photo prospective customers confer with sales associates as a Model 3 sits on display in a Tesla showroom in the Cherry Creek Mall in Denver. Tesla is walking back its plan to close most retail stores worldwide in a move the company says will force it to raise prices on most of its electric vehicles. The company still will move to online-only sales, but now says it won't close as many stores as originally thought. Tesla announced last month that it would shutter most of its stores to cut costs so it could sell its lower-priced Model 3 for $35,000. (AP Photo/David Zalubowski, File)
March 11, 2019 - 11:27 am
DETROIT (AP) — Tesla is walking back plans to close most of its showrooms worldwide and announced price hikes for most of its electric vehicles. Tesla announced last month that it would shutter most of its stores to cut costs so it could sell its lower-priced Model 3 for $35,000. The company...
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FILE- In this Jan. 7, 2019, file photo a customer shops in a Sears store in the Brooklyn borough of New York. On Monday, March 11, the Commerce Department releases U.S. retail sales data for December and January. (AP Photo/Mark Lennihan, File)
March 11, 2019 - 9:00 am
WASHINGTON (AP) — U.S. retail sales rose slightly in January after a sharp drop in December, reflecting caution taken by consumers amid a government shutdown and volatile stock market. Retail sales increased just 0.2 percent, the Commerce Department said Monday, after a sharp fall of 1.6 percent in...
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March 10, 2019 - 4:53 pm
CAMARILLO, Calif. (AP) — The average U.S. price of regular-grade gasoline is up 6 cents a gallon (3.8 liters) over the past two weeks, to $2.50. Industry analyst Trilby Lundberg of the Lundberg Survey says Sunday that the price at the pump is 9 cents lower than it was a year ago. The highest...
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March 09, 2019 - 7:02 am
BOSTON (AP) — A Massachusetts doctor who pleaded with CVS to change its on-hold jingle is getting his wish. The Boston Globe reports a spokeswoman for the pharmacy chain said Friday the company is in the process of updating its voice-response phone system, including the on-hold music that Dr...
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FILE- In this Tuesday, March 5, 2019, file photo specialist Matthew Grenier works on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EST on Friday, March 8. (AP Photo/Richard Drew, File)
March 08, 2019 - 4:56 pm
Another wave of selling on Wall Street Friday left the S&P 500 with its worst weekly showing since January and its eighth loss in the last nine days. The sell-off, which lost some strength toward the end of the day, followed a surprisingly weak jobs report and more signs that the global economy...
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FILE- This June 15, 2017, file photo, shows Kroger grocery store shopping carts with the store's name in Flowood, Miss. Kroger reports financial results Thursday, March 7, 2019. (AP Photo/Rogelio V. Solis, File)
March 07, 2019 - 3:30 pm
CINCINNATI (AP) — Kroger's costly modernization plan may eventually help it compete with retailers like Walmart. But in the meantime, it's a big drag on profits. The supermarket chain's shares fell sharply Thursday after it reported weaker-than-expected fourth quarter earnings and disappointing...
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