Economy Aug 20 Target CEO Brian Cornell to step down as company struggles with poor sales numbers By Anne D'Innocenzio, Associated Press
Economy Jul 11 Watch 6:20 How the toy industry is feeling the effects of Trump’s tariffs President Trump is dialing up the pressure on several countries in pursuit of trade deals. Trump dismissed a warning from Hasbro’s CEO that toy prices will rise if the U.S. continues to hike tariffs. William Brangham discussed the tariffs and… By William Brangham, Diane Lincoln Estes
Economy May 15 Walmart will raise prices due to tariff costs Executives at the $750 billion company told industry analysts Thursday that they're doing everything in their power to absorb the higher costs from tariffs ordered by Trump. Given the magnitude of the duties, however, the highest since the 1930s, higher… By Anne D'Innocenzio
Economy Dec 30 The retail trends, winners and losers of 2024 Value was in vogue in 2024. Shoppers and restaurant patrons in the U.S. were choosy about where and how to spend their money as they wrestled with high housing and food prices. By Anne D'Innocenzio, Dee-Ann Durbin, Associated Press
Economy Oct 18 Driving retail spending, wealthier Americans are powering U.S. economy One key reason is a relatively simple one: Wealthier consumers, boosted by strong gains in income, home equity and stock market wealth, have increasingly driven the spending. By Christopher Rugaber, Associated Press
Aug 15 Americans spent more at retailers in July despite higher prices By Christopher Rugaber, Anne D'Innocenzio, Associated Press Americans stepped up spending at retailers last month by the most in a year and a half, easing concerns that the economy might be weakening under the pressure of higher prices and elevated interest rates. Continue reading
Nov 23 Retailers hoping for Black Friday boon even as shopping slowdown is expected By Anne D'Innocenzio, Associated Press NEW YORK (AP) — Retailers are kicking off the unofficial start of the holiday shopping season on Friday with a bevy of discounts and other enticements. Continue reading
Apr 23 Bed Bath & Beyond files for bankruptcy protection after failing to secure funding By Anne D'Innocenzio, Associated Press Bed Bath & Beyond — one of the original big box retailers known for its seemingly endless offerings of sheets, towels and kitchen gadgets — filed for bankruptcy protection, following years of dismal sales and losses and numerous failed turnaround… Continue reading
Oct 14 As rent and food prices rise, retail sales remained flat in September By Anne D'Innocenzio The pace of sales at U.S. retailers was unchanged in September from August as rising prices for rent and food chipped away at money available for other things. Continue reading
Sep 15 Retail sales climb 0.3 percent in Aug. from July, even as inflation remains high By Anne D'Innocenzio U.S. retail sales rose an unexpected 0.3 percent last month after falling 0.4 percent in July, the Commerce Department said Thursday. Excluding business at gas stations, sales rose 0.8 percent. Continue reading