Retail industry

April 30, 2020 - 7:01 am
Most McDonald’s restaurants in the U.S. and China are now open for drive-thru and delivery, but global lockdown orders still took a bite out of the company’s first quarter sales. McDonald’s said Thursday its sales fell 6% to $4.71 billion in the January-March period. Declines have persisted in...
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President Donald Trump listens during a meeting with Gov. Ron DeSantis, R-Fla., on the coronavirus response, in the Oval Office of the White House, Tuesday, April 28, 2020, in Washington. (AP Photo/Evan Vucci)
April 28, 2020 - 8:50 pm
WASHINGTON (AP) — President Donald Trump took executive action Tuesday to order meat processing plants to stay open amid concerns over growing coronavirus cases and the impact on the nation's food supply. The order uses the Defense Production Act to classify meat processing as critical...
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April 28, 2020 - 4:52 pm
Starbucks said Tuesday that its global sales plunged in the first three months of the year as coronavirus-related shutdowns crippled its global operations. The Seattle-based coffee giant said 98% of its stores in China have reopened, but many are operating with reduced hours and seating. In the U.S...
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People wearing protective face mask as a precaution against the spread of the new coronavirus jog at Chalputepec park in Mexico City, Sunday, April 26, 2020. (AP Photo/Fernando Llano)
April 27, 2020 - 9:27 pm
MEXICO CITY (AP) — Mexico's government continued its tug of war with businesses on Monday, pledging to reopen factories vital to the U.S. economy while shaming others that refuse to close under lockdown measures decreed to fight the spread of the coronavirus. President Andrés Manuel López Obrador...
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Gabrielle Schmees, 29, and Diego Grassano, 31, kiss wearing protective masks on the day of their wedding at the Gerald D. Hines Waterwall Park on Monday, April 27, 2020, in Houston. Because of COVID-19, the couple decided to postpone their official wedding and have a small one at the Waterwall Park until December when they can have the official one with all of their family and friends. (Marie De Jesus/Houston Chronicle via AP)
April 27, 2020 - 7:30 pm
Restaurants opened up to dine-in patrons in at least three states Monday and the governor of Texas allowed movie theaters, malls and eateries to start letting customers trickle into their establishments later this week. Across the country, an ever-changing patchwork of loosening stay-home orders...
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FILE - In this April 2, 2020 file photo, "For Sale By Owner" and "Closed Due to Virus" signs are displayed in the window of a store in Grosse Pointe Woods, Mich. Business filings under Chapter 11 of the federal bankruptcy law rose sharply in March, and attorneys who work with struggling companies are seeing signs that more owners are contemplating the possibility of bankruptcy. Government aid my simply be too little too late. (AP Photo/Paul Sancya, File)
AP Newsroom
April 26, 2020 - 12:24 pm
NEW YORK (AP) — The billions of dollars in coronavirus relief targeted at small businesses may not prevent many of them from ending up in bankruptcy court. Business filings under Chapter 11 of the federal bankruptcy law rose sharply in March, and attorneys who work with struggling companies are...
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Lam Wing-kee, one of five shareholders and staff at the Causeway Bay Book shop in Hong Kong, thanks to the press on the opening day of his shop in Taipei, Taiwan, Saturday, April 25, 2020. The part-owner of the Hong Kong bookstore specializing in texts critical of China’s leaders reopened his shop in Taiwan on Saturday after fleeing Hong Kong due to legal troubles, saying he was grateful for the opportunity to make China's Communist rulers “less than happy." (AP Photo/Chiang Ying-ying)
April 25, 2020 - 5:35 am
TAIPEI, Taiwan (AP) — The part-owner of a Hong Kong bookstore specializing in texts critical of China’s leaders reopened his shop in Taiwan on Saturday after fleeing Hong Kong due to legal troubles, saying he was grateful for the chance to make China's Communist rulers “less than happy." The...
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A man carries a riffle and stands with salon owner Shelley Luther, left, and others at a shopping center in Dallas, Friday, April 24, 2020. (AP Photo/LM Otero)
April 24, 2020 - 9:55 pm
DALLAS (AP) — A handful of Texas businesses reopened Friday in defiance of state guidance in the fight against the coronavirus, which allows retailers to offer “to go” service but leaves other restrictions in place. In Dallas, hair salon owner Shelley Luther was issued a citation at midday but she...
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April 24, 2020 - 1:55 pm
NEW YORK (AP) — Federal prosecutors charged a New York retailer Friday with hoarding tons of disposable masks, surgical gowns and hand sanitizer in a Long Island warehouse and selling the items at huge markups. Amardeep “Bobby” Singh, 45, was charged with violating the Defense Production Act of...
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Volkswagen cars stand at a parking area during the production restart of the plant of the German manufacturer Volkswagen AG (VW) in Zwickau, Germany, Thursday, April 23, 2020. Volkswagen starts with step-by-step resumption of production. The car company are completely converting the plant in Zwickau from 100 percent combustion engine to 100 percent electric. (AP Photo/Jens Meyer)
April 23, 2020 - 3:39 pm
The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed. Following are developments Thursday related to the global economy, the work place and the spread of the virus. ________________________ ALTERED STATE OF RETAIL: Retail stores are largely closed across...
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