Retail sales

Shoppers pass an Indigo Friday 40% Off sign Saturday, Nov. 28, 2020, on Chicago's famed Magnificent Mile shopping district. (AP Photo/Charles Rex Arbogast)
AP Newsroom
November 28, 2020 - 4:27 pm
Black Friday online sales hit a new record this year as pandemic-wary Americans filled virtual carts instead of real ones. Consumers spent an estimated $9 billion on U.S. retail websites on Black Friday, according to Adobe Analytics, which tracks online shopping. That was a 22% increase over the...
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FILE - This Tuesday, Feb. 3, 2015 file photo shows a RadioShack store in Dallas. RadioShack, the nearly century-old electronics retailer ubiquitous in malls for decades, has been pulled from brink of death — again. It’s the most prized name in the basket of retail brands that entrepreneur investors Alex Mehr and Tai Lopez have scooped up for a relative pittance since the coronavirus pandemic landed on U.S. shores. (AP Photo/Tony Gutierrez, File)
November 24, 2020 - 5:40 pm
SILVER SPRING, Md. (AP) — RadioShack, a fixture at the mall for decades, has been pulled from brink of death, again. It's the most prized name in the basket of brands that entrepreneur investors Alex Mehr and Tai Lopez have scooped up since the coronavirus pandemic bowled over the U.S. retail...
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A real estate brokerage sign stands in front of a house, Tuesday, Oct. 6, 2020, in Norwood, Mass. On Thursday, Nov. 19, U.S. long-term mortgage rates fell this week, reaching record lows for the 13th time this year amid fresh signs of weakness in the pandemic-ravaged economy. (AP Photo/Steven Senne)
November 19, 2020 - 12:12 pm
WASHINGTON (AP) — U.S. long-term mortgage rates fell this week, reaching record lows for the 13th time this year amid fresh signs of weakness in the pandemic-ravaged economy. Mortgage buyer Freddie Mac reported Thursday that the average rate on the 30-year benchmark loan declined to 2.72% from 2.84...
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November 17, 2020 - 3:06 pm
WASHINGTON (AP) — Federal Reserve Chair Jerome Powell said Tuesday that the nationwide surge in confirmed coronavirus could slow the economy in the months ahead by discouraging consumers from spending. “We’re seeing states begin to impose some activity restrictions," Powell said in an online...
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November 17, 2020 - 8:52 am
NEW YORK (AP) — Retail sales in the U.S. grew a slower-than-expected 0.3% in October, even as retailers offered early holiday discounts online and in stores. Analysts had expected the number to rise 0.5%. October's growth was much smaller than in September, when it rose 1.6%, the U.S. Commerce...
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FILE - In this Nov. 5, 2020 file photo, a woman pushes a shopping cart to enter a Walmart in Rolling Meadows, Ill. Walmart turned out another stellar quarter as the world’s largest retailer powers through a pandemic that has felled other national chains. The Bentonville, Arkansas-based retailer delivered a 56% increase in its fiscal third-quarter profits while revenue rose 5.3%. (AP Photo/Nam Y. Huh, File)
November 17, 2020 - 7:39 am
NEW YORK (AP) — Walmart turned out another stellar quarter as the world’s largest retailer powers through a pandemic that has felled other national chains. Third-quarter profits surged 56% and revenue hit $133.75 billion, a 5.3% increase. Both were better that Wall Street had projected. Online...
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A delivery man passes by an ad for the Nov. 11 Sales Day in Beijing, China on Oct. 28, 2020. Chinese consumers are expected to spend tens of billions on everything from fresh food to luxury goods during this year's Singles' Day online shopping festival, as the country recovers from the coronavirus pandemic. (AP Photo/Ng Han Guan)
November 10, 2020 - 4:06 am
HONG KONG (AP) — Chinese consumers are expected to spend tens of billions on everything from fresh food to luxury goods during this year’s Singles’ Day online shopping festival, as the country recovers from the pandemic. The shopping festival, which is the world’s largest and falls on Nov. 11 every...
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November 09, 2020 - 5:24 pm
SEATTLE (AP) — A former Microsoft worker was sentenced Monday to nine years in prison for a scheme to steal $10 million in digital currency — money authorities said he used to buy a $160,000 car and a lakefront home. Volodymyr Kvashuk, a 26-year-old Ukrainian citizen living in Renton, Washngton,...
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November 04, 2020 - 6:42 am
THE HAGUE, Netherlands (AP) — Soaring online sales amid the global coronavirus pandemic boosted global retailer Ahold Delhaize's earnings in the third quarter, the company said Wednesday. Net sales at the company which owns the Stop & Shop, Food Lion and Hannaford stores in the United States...
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FILE - In this Wednesday, Oct. 14, 2020 file photo, the American Flag hangs outside the New York Stock Exchange in New York. Stocks are opening higher on Wall Street, putting the market on track to end a choppy week of trading slightly higher. If the gains hold, the S&P 500 would mark its third straight weekly gain. In the first few minutes of trading Friday, Oct. 16 the benchmark index was up 0.4%. (AP Photo/Frank Franklin II)
October 16, 2020 - 11:52 am
Stocks are broadly higher in midday trading Friday, placing the market on track to close out a choppy week on Wall Street with modest gains. The S&P 500 was up 0.5%, clawing back all its losses from a day earlier. If the gains hold, the benchmark index would mark its third straight weekly gain...
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