Retail industry

FILE - This Oct. 15, 2018 file photo shows a sign for a Sears Outlet department store is displayed in Norristown, Pa. Multiple media outlets reported early Wednesday, Jan. 16, 2019, that billionaire Eddie Lampert has won a bankruptcy auction after strengthening his bid in several days of negotiations with creditors. Lampert, Sears’ chairman and largest shareholder, upped his offer to more than $5 billion and added a $120 million cash deposit through an affiliate of his ESL hedge fund. (AP Photo/Matt Rourke, File)
January 16, 2019 - 12:26 pm
NEW YORK (AP) — Sears will live on— at least for now. The company's chairman and largest shareholder, Eddie Lampert, won a bankruptcy auction for Sears, averting liquidation of the iconic chain, according to a source familiar with the negotiations. The person agreed to speak on condition of...
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William Rucker and his grandson Justice, 4, say hello to a robot named Marty as it cleans the floors at a Giant grocery store in Harrisburg, Pa., Tuesday, Jan. 15, 2019. On Monday, the Carlisle-based Giant Food Stores announced new robotic assistants will be arriving at all 172 Giant stores by the middle of this year. The chain's parent company says it plans to eventually deploy the robots to nearly 500 stores. (AP Photo/Matt Rourke)
January 15, 2019 - 6:00 pm
SEEKONK, Mass. (AP) — A wheeled robot named Marty is rolling into nearly 500 grocery stores to alert employees if it encounters spilled granola, squashed tomatoes or a broken jar of mayonnaise. But there could be a human watching from behind its cartoonish googly eyes. Badger Technologies CEO Tim...
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Protestors gather near a burning tire during a demonstration over the hike in fuel prices in Harare, Zimbabwe, Tuesday, Jan. 15, 2019. A Zimbabwean military helicopter on Tuesday fired tear gas at demonstrators blocking a road and burning tires in the capital on a second day of deadly protests after the government more than doubled the price of fuel in the economically shattered country. (AP Photo/Tsvangirayi Mukwazhi)
January 15, 2019 - 6:25 am
HARARE, Zimbabwe (AP) — A Zimbabwean military helicopter on Tuesday fired tear gas at demonstrators blocking a road and burning tires in the capital on a second day of deadly protests after the government more than doubled the price of fuel in the economically shattered country. Soldiers moved in...
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In this image provided by Karen Pulfer Focht, Doug Ketchum and his wife Mary pose with their daughter Stacie as their Memphis liquor store, Kimbrough Wine & Spirits. The U.S. Supreme Court is set to hear a dispute over Tennessee’s residency requirements for liquor store owners. Doug and Mary Ketchum moved from Utah to Memphis and say Tennessee makes it almost impossible for someone to break into the liquor business from out of state. (Karen Pulfer Focht)
January 15, 2019 - 12:37 am
MEMPHIS, Tenn. (AP) — Doug and Mary Ketchum chose Memphis, Tennessee, as a place to live with their disabled adult daughter because it has clearer air than their former home in Utah. That was the easy part. Their decision to support themselves by buying a liquor store has been considerably more...
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In this image provided by Karen Pulfer Focht, Doug Ketchum and his wife Mary pose with their daughter Stacie as their Memphis liquor store, Kimbrough Wine & Spirits. The U.S. Supreme Court is set to hear a dispute over Tennessee’s residency requirements for liquor store owners. Doug and Mary Ketchum moved from Utah to Memphis and say Tennessee makes it almost impossible for someone to break into the liquor business from out of state. (Karen Pulfer Focht)
January 15, 2019 - 12:34 am
MEMPHIS, Tenn. (AP) — Doug and Mary Ketchum chose Memphis, Tennessee, as a place to live with their disabled adult daughter because it has clearer air than their former home in Utah. That was the easy part. Their decision to support themselves by buying a liquor store has been considerably more...
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FILE- In this Nov. 17, 2004, file photo Kmart chairman Edward Lampert listens during a news conference to announce the merger of Kmart and Sears in New York. As Sears teeters on the brink of collapse, there’s one man at the center of the fight for the future of the iconic retailer. Lampert plays several, often conflicting, roles in what could be the final chapter for the company that began as a mail order watch business 132 years ago. He’s been chairman, CEO, landlord, lender, and largest shareholder all at the same time. If the company survives, he wins. If it ends up liquidating, he also wins. (AP Photo/Gregory Bull, File)
January 14, 2019 - 12:04 am
NEW YORK (AP) — As Sears teeters on the brink of collapse, one man stands at the center of the fight for the future of the iconic retailer. Eddie Lampert plays several often-conflicting roles in what could be the final chapter for the company that began as a mail order watch business 132 years ago...
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FILE - In this Aug.9, 2018, file photo, Indian customers return after shopping at IKEA's first store in India as it opened in Hyderabad, India. Swedish home furnishings giant Ikea announced plans on Friday, Jan. 11, 2019, to open its first New Zealand store. The company said it would build the store near the largest city of Auckland over the next few years, and would open a pop-up store to give customers a taste of what was to come before the flagship store opened. (AP Photo/Mahesh Kumar A., File)
January 10, 2019 - 10:35 pm
WELLINGTON, New Zealand (AP) — Swedish home furnishings giant Ikea announced plans on Friday to open its first New Zealand store. The company said it would build the store near the largest city of Auckland over the next few years, and would open a pop-up store to give customers a taste of what was...
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FILE - This June 29, 2016 file photo shows a Target store in Hialeah, Fla. Target shoppers took full advantage of the retailer’s pickup and drive up services over the holiday season, climbing 60 percent from a year earlier and making up a quarter of the chain’s online sales for the November-December period. Target Corp. also announced Thursday, Jan. 9, 2019 that sales at stores open at least a year increased 5.7 percent in the period, up from 3.4 percent a year earlier. (AP Photo/Alan Diaz)
January 10, 2019 - 5:08 pm
NEW YORK (AP) — It was supposed to be a great holiday shopping season. Many investors had expected department stores to enjoy robust sales in light of a U.S. economy buoyed by low unemployment, higher wages, strong consumer confidence and cheap gas. So when Macy's and Kohl's reported lackluster...
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Sen. Bernie Sanders, I-Vt., center, joined from left by Sen. Richard Blumenthal, D-Conn., Rep. Peter Welch, D-Vt., Rep. Elijah Cummings, D-Md., and Sen. Cory Booker, D-N.J., speaks to reporters as he prepares to introduce new legislation that aims to reduce what Americans pay for prescription drugs, especially brand-name drugs deemed "excessively priced," during a news conference on Capitol Hill in Washington, Thursday, Jan. 10, 2019. (AP Photo/J. Scott Applewhite)
January 10, 2019 - 2:34 pm
WASHINGTON (AP) — Challenging President Donald Trump to make good on his pledge to cut prescription drug prices, congressional liberals proposed legislation Thursday to bring U.S. prices in line with the much lower costs in other countries. The Democratic bills stand little chance of becoming law...
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FILE - In this March 4, 2018 file photo, Jeff Bezos and wife MacKenzie Bezos arrive at the Vanity Fair Oscar Party in Beverly Hills, Calif. Bezos says he and his wife, MacKenzie, have decided to divorce after 25 years of marriage. Bezos, one of the world’s richest men, made the announcement on Twitter Wednesday, Jan. 9, 2019. (Photo by Evan Agostini/Invision/AP, File)
January 09, 2019 - 6:56 pm
SEATTLE (AP) — Amazon CEO Jeff Bezos and his wife, MacKenzie, are divorcing, ending a 25-year marriage that played a role in the creation of an e-commerce company that made Bezos one of the world's wealthiest people. The decision to divorce comes after a trial separation, according to a statement...
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