Retail and wholesale

FILE - In this Wednesday, March 21, 2018 file photo, The logo of the German car manufacturer BMW is visible at the headquarters during the earnings press conference in Munich, Germany. BMW will pay an $18 million fine to settle allegations that it inflated its U.S. monthly sales numbers for five straight years. The Securities and Exchange Commission said Thursday, Sept. 24, 2020 that the German luxury automaker kept a reserve of unreported sales that it drew on to meet monthly targets from 2015 to 2019.(AP Photo/Matthias Schrader, File)
September 24, 2020 - 5:43 pm
DETROIT (AP) — BMW will pay an $18 million fine to settle allegations that it inflated its monthly U.S. sales numbers for five straight years. The Securities and Exchange Commission said Thursday that the German luxury automaker kept a reserve of unreported sales that it drew on to meet monthly...
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Currency traders work at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Wednesday, Sept. 23, 2020. Asian markets were mostly lower on Wednesday as investors kept a wary eye on how the coronavirus pandemic will affect the economic outlook. (AP Photo/Ahn Young-joon)
September 23, 2020 - 12:03 am
Asian markets were mostly lower on Wednesday as investors kept a wary eye on how the coronavirus pandemic will affect the economic outlook. Stocks slipped Wednesday in Japan, Hong Kong and Seoul but rose in Sydney after the government reported retail sales fared better than expected. Overnight, the...
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FILE - In this file photo dated Tuesday, Sept. 4, 2018, a Nike company logo is displayed outside a Nike store in Charlotte, N.C. Nike appears to have recovered from its pandemic slump, posting a solid quarterly profit driven by soaring online sales of its sneakers and workout apparel. The world's largest sports apparel maker on Tuesday, Sept. 22, 2020 reported a net profit of $1.5 billion profit, or 95 cents per share, in the three-month period ending Aug. 31, up 11% from the same 2019 quarter. (AP Photo/Chuck Burton, file)
September 22, 2020 - 6:32 pm
NEW YORK (AP) — Nike appears to have recovered from its pandemic slump, posting a solid quarterly profit driven by soaring online sales of its sneakers and workout apparel. The world's largest sports apparel maker on Tuesday reported a net profit of $1.5 billion profit, or 95 cents per share, in...
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FILE - In this June 22, 2016 file photo, a waitress serves customers beer at a restaurant in Dubai, United Arab Emirates. In mid-September 2020, Abu Dhabi, the conservative capital of the United Arab Emirates, eliminated its licensing system for alcohol purchases allowing Muslims previously barred from obtaining licenses to be able to purchase from retailers. (AP Photo/Kamran Jebreili, File)
September 21, 2020 - 8:09 am
DUBAI, United Arab Emirates (AP) — Abu Dhabi, the conservative capital of the United Arab Emirates, is eliminating its licensing system for alcohol purchases for drinkers after Dubai repeatedly loosened its own rules to boost sales and tourism amid the ongoing coronavirus pandemic. The emirate's...
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Shoppers walk at the Village Pointe shopping mall in Omaha, Neb., Tuesday, June 16, 2020. American shoppers ramped up their spending on store purchases by a record 17.7% from April to May, delivering a dose of energy for retailers that have been reeling since the coronavirus shut down businesses, flattened the economy and paralyzed consumers during the previous two months. (AP Photo/Nati Harnik)
September 16, 2020 - 8:43 am
NEW YORK (AP) — Americans kept spending in August, but the pace of that growth is slowing as millions of people who lost jobs have now lost a $600 a week boost in their unemployment checks. Retail sales rose 0.6% last month, the fourth consecutive month of growth, the U.S. Commerce Department said...
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FILE - In this Dec. 18, 2014 file photo, a Federal Express driver returns to his truck after delivering a package to a business in Springfield, Ill. FedEx earned $1.25 billion in its latest quarter, as online shopping remained popular among customers avoiding stores and shipments between businesses improved. The delivery giant reported Tuesday, Sept. 15, 2020 that it brought in $19.3 billion in revenue during the three months that ended Aug. 31, FedEx's fiscal first quarter. (AP Photo/Seth Perlman, File)
September 15, 2020 - 7:18 pm
NEW YORK (AP) — FedEx's profit jumped 67% in its latest quarter, as online shopping soared among customers avoiding stores and shipments between businesses improved. The delivery giant reported Tuesday that it earned $1.25 billion during the three months that ended Aug. 31, FedEx's fiscal first...
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This Sept. 4, 2020, photo, shows Regio, a Mexican toilet paper brand, on the shelf at a CVS in New York. Demand for toilet paper has been so high during the pandemic that in order to keep their shelves stocked, retailers across the country are buying up foreign toilet paper brands, mostly from Mexico. (AP Photo/Joseph Pisani)
September 15, 2020 - 10:32 am
NEW YORK (AP) — Toilet paper is back on store shelves. But you may not recognize some of the brands. Demand for toilet paper has been so high during the pandemic that in order to keep their shelves stocked, retailers are buying up foreign toilet paper brands, mostly from Mexico. Major chains,...
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People wearing face masks walk past a bank's electronic board showing the Hong Kong share index in Hong Kong, Tuesday, Sept. 15, 2020. Asian stocks were mixed Tuesday after Wall Street rose on a flurry of corporate deals and China's economic activity improved. (AP Photo/Vincent Yu)
September 15, 2020 - 12:05 am
Asian stocks were mixed Tuesday after Wall Street rose on a flurry of corporate deals and China's economic activity improved. Tokyo declined while Hong Kong and Seoul gained. Shanghai was little-changed. Wall Street's S&P 500 index closed 1.3% higher, driven by gains for technology, health care...
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FILE - In this Aug. 13, 1998 file photo, Terence Conran celebrates the opening of his new restaurant "Coq d'Argent" in London. Terence Conran, the pioneering British designer, retailer and restaurateur, who built a furniture empire around the world and founded The Design Museum in London, has died at 88. His family said Conran died peacefully Saturday, Sept. 12, 2020 at his home west of London. (Matthew Fearn/PA via AP, file)
September 12, 2020 - 3:14 pm
LONDON (AP) — Terence Conran, the British designer, retailer and restaurateur who built a furniture empire around the world, founded The Design Museum in London and modernized the everyday lives of British people, has died at 88. Conran, who was knighted in 1983 for his services to design and...
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FILE - In this Jan. 28, 2020 file photo, CEO of LVMH Bernard Arnault presents the group's 2019 results during a press conference, in Paris. The luxury goods giant is ending its takeover deal of luxury jewelry retailer Tiffany & Co., citing in part the threat of proposed U.S. tariffs on French goods. (AP Photo/Thibault Camus, File)
September 10, 2020 - 9:11 am
PARIS (AP) — It's an ugly spat for such a glamorous industry: French luxury powerhouse LVMH and U.S. jeweler Tiffany & Co. are blaming each other for the collapse of what would have been the sector's biggest-ever buyout deal. Paris-based LVMH had announced Wednesday it was abandoning the $14.5...
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