Retail and wholesale sector performance

July 14, 2017 - 8:35 am
WASHINGTON (AP) — Americans curtailed their shopping in June, with less spending at restaurants, department stores and gasoline stations. The spending pullback came despite a healthy job market and suggests that economic growth may remain sluggish. The Commerce Department says retail sales fell 0.2...
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FILE - This May 3, 2017 file photo shows a Target logo on a store in Upper Saint Clair, Pa. Target is boosting its guidance for the second quarter after its campaign to revitalize the brand pushed sales higher and increased customer traffic. The Minneapolis discounter said Thursday, July 13, that it expects a modest increase in sales at existing stores, reversing a downward trend that has lingered for four consecutive quarters. (AP Photo/Gene J. Puskar, File)
July 13, 2017 - 11:12 am
NEW YORK (AP) — Target boosted its guidance for the second quarter after its campaign to revitalize the brand pushed sales higher and boosted customer traffic. The rosier outlook pushed the entire beleaguered retail sector higher, with the indexes that track department stores and specialty retail...
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German Chancellor Angela Merkel shows sympathy for injured German economy minister Brigitte Zypries when arriving for the weekly cabinet meeting in Berlin, Germany, Wednesday, July 5, 2017. (AP Photo/Ferdinand Ostrop)
July 05, 2017 - 5:18 am
LONDON (AP) — Economic growth across the 19-country eurozone was even higher than previously thought during June, according to a closely watched survey Wednesday, in yet more evidence of momentum in the single currency bloc. Financial information firm IHS Markit said its main purchasing managers'...
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In this June 28, 2017, photo, Alessandro Cesario, the director of cultivation, looks at marijuana plants at the Desert Grown Farms cultivation facility in Las Vegas. Frenzied activity at these facilities have been focused on one goal: Getting ready for the start of recreational marijuana sales Saturday in Nevada. (AP Photo/John Locher)
July 01, 2017 - 3:06 am
LAS VEGAS (AP) — Nevada has become the fifth state in the U.S. with stores selling marijuana for recreational purposes. People began buying pot early Saturday, just months after voters approved legalization in November. It's the fastest turnaround from the ballot box to retail sales in the nation...
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FILE- This June 21, 2017, file photo shows a sign on the Mynt Cannabis Dispensary across the street from Harrah's hotel-casino in downtown Reno, Nev. The Mynt is one of at least four medical marijuana dispensaries in Reno that have received the necessary local licenses and are ready to start selling marijuana for recreational use on July 1 as long as they get their anticipated state license. (AP Photo/Scott Sonner, File)
June 27, 2017 - 6:03 pm
RENO, Nev. (AP) — Sin City will launch its latest legal vice by week's end. Lines are expected Saturday outside some medical marijuana dispensaries in Las Vegas and other Nevada cities that will begin selling pot for recreational use for the first time since voters approved it in November. It's the...
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This May 3, 2017, photo shows a Target logo on a store in Upper Saint Clair, Pa. Target Corp. reports earnings, Wednesday, May 17, 2017. (AP Photo/Gene J. Puskar)
May 17, 2017 - 4:44 pm
NEW YORK (AP) — Target, Wal-Mart and Amazon are engaged in a game of shipping tag, each trying to adjust their free threshold and other shipping strategies to a level that can lure shoppers away from one of the other. Minneapolis-based Target has the furthest to go as it tries to put itself in...
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In this Thursday, March 23, 2017, photo, a workman operates a loom while manufacturing composite parts for joints in aircrafts at Bally Ribbon Mills in Bally, Pa. On Thursday, May 11, 2017, the Labor Department reports on U.S. producer price inflation in April. (AP Photo/Matt Rourke)
May 11, 2017 - 9:01 am
WASHINGTON (AP) — Inflation at the wholesale level jumped in April by the largest amount in three months, fueled by rising prices of food and energy. The Labor Department said Thursday that its producer price index, which measures inflation before it reaches the consumer, rose 0.5 percent in April...
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April 20, 2017 - 9:54 am
MINNEAPOLIS (AP) — A federal judge has blocked a sound engineer from releasing unpublished music by Prince after the late superstar's estate objected. George Ian Boxill worked with Prince on five tracks in 2006, and made at least one recording — called "Deliverance" — available Wednesday for online...
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April 19, 2017 - 11:57 am
LONDON (AP) — Burberry shares plunged Wednesday after the U.K. luxury goods maker reported disappointing sales figures, with the fall in the pound in particular boosting spending by tourists in Britain. The company said that sales in the second half of its fiscal year fell 1 percent when stripping...
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April 19, 2017 - 5:50 am
LONDON (AP) — Burberry shares plunged Wednesday after the U.K. luxury goods maker reported disappointing sales figures. The company said Wednesday that second-half sales fell 1 percent after stripping out the effect of favorable moves in currency exchange rates. While Burberry reported double-digit...
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