Retail and wholesale sector performance

FILE - In this July 4, 2019, photo, Chinese magazines with front covers featuring Chinese President Xi Jinping and U.S. President Donald Trump on trade war are placed for sale at a roadside bookstand in Hong Kong. China on Thursday, Aug. 15, 2019 threatened retaliation if Washington steps up their war over trade and technology by going ahead with planned Sept. 1 tariff hikes on additional Chinese imports. (AP Photo/Andy Wong, File)
August 15, 2019 - 8:03 am
HONG KONG (AP) — Hong Kong's government announced tax cuts and higher social spending Thursday to reverse a deepening economic slump aggravated by anti-government protests and the U.S.-Chinese tariff war. The territory's financial secretary, Paul Chan, cut this year's official growth forecast to...
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FILE - This Aug. 6, 2019, file photo shows Dominion Energy's Scott Solar farm in Powhatan, Va. On Friday, Aug. 9, the Labor Department reports on U.S. producer price inflation in July. (AP Photo/Steve Helber, File)
August 09, 2019 - 8:39 am
WASHINGTON (AP) — U.S. wholesale prices ticked up just 0.2% in July, the latest sign that inflationary pressures are largely in check. The Labor Department said Friday that the producer price index — which measures price changes before they reach the consumer — increased 1.7% last month compared...
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FILE- In this May 19, 2019, file photo, a line of unsold 2019 CX-5 sports-utility vehicles sits at a Mazda dealership in Littleton, Colo. On Friday, June 14, the Commerce Department releases U.S. retail sales data for May. (AP Photo/David Zalubowski, File)
June 14, 2019 - 8:58 am
WASHINGTON (AP) — Americans stepped up their retail spending last month, a sign that low unemployment and modest wage gains are encouraging consumers to shop. The Commerce Department said Friday that retail sales rose 0.5% in May, after a smaller gain of 0.3% in the previous month. April's figure...
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FILE- In this Feb. 17, 2019, file photo rows of unsold 2019 Escape sports-utility vehicles sit in long rows at a Ford dealership in Broomfield, Colo. On Wednesday, May 15, the Commerce Department releases U.S. retail sales data for April. (AP Photo/David Zalubowski, File)
May 15, 2019 - 9:07 am
WASHINGTON (AP) — U.S. retail sales declined last month, as Americans cut back their spending on clothes, appliances, and home and garden supplies. Sales dropped 0.2% in April, the Commerce Department said Wednesday, after a big 1.7% jump in March. Car sales dropped 1.1% last month and sales at...
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FILE- This May 2, 2017, file photo shows corporate signage at Macy's flagship store in New York. Macy's Inc. reports financial results Wednesday, May 15, 2019. (AP Photo/Bebeto Matthews, File)
May 15, 2019 - 9:04 am
NEW YORK (AP) — Macy's put up its sixth consecutive quarter of increases in comparable store sales fueled by its robust online business. The department store chain also smashed estimates for first quarter profits. Shares rose in premarket trading on Wednesday. Macy's report offered encouraging news...
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FILE- In this March 4, 2019, file photo a worker cleans a jet bridge before passengers boarded an Alaska Airlines flight to Portland, Ore., at Paine Field in Everett, Wash. U.S. employers are expected to have delivered a solid month of job growth in April, buoyed by a resilient economy that has confounded concerns that 2019 would begin with a slowdown. Another decent hiring gain would highlight the economy’s steady health just months after many analysts had expressed fear that growth was poised to weaken and a recession might soon occur. (AP Photo/Ted S. Warren, File)
May 03, 2019 - 5:12 pm
NEW YORK (AP) — The overall economy is adding jobs, but there's one spot that appears to be in a funk: retail. Overall, U.S. employers added 263,000 jobs in April, according to the government data released Friday. The retail sector lost 12,000 jobs that same month. That decline wasn't a blip; the...
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FILE - In this April 21, 2018, file photo a bud tender displays a jar of cannabis at the High Times 420 SoCal Cannabis Cup in San Bernardino, Calif. Businesses inside and outside the multibillion-dollar cannabis industry are using April 20, or “420,” to roll out marketing and social media messaging aimed at connecting with marijuana enthusiasts. (AP Photo/Richard Vogel, File)
April 19, 2019 - 8:57 pm
LOS ANGELES (AP) — Marijuana users have for decades celebrated their love of the drug on April 20, but the once counter-culture celebration that was all about getting stoned now is so mainstream Corporate America is starting to embrace it. No, Hallmark doesn't yet have a card to mark "420." But...
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In this undated photo provided by Best Buy, the company's chief financial and strategic transformation officer, Corie Barry, poses for a portrait. Best Buy announced that Barry, 43, will become the company's CEO effective June 11, taking over from current CEO Hubert Joly, who will become executive chairman of the board after stepping down. (Best Buy via AP)
April 15, 2019 - 1:46 pm
NEW YORK (AP) — The executive credited with reviving a struggling Best Buy is stepping aside. Hubert Joly, 59, is handing leadership of the reinvigorated electronics retailer to longtime executive Corie Barry, 43, as part of the company's succession plan effective June 11. Barry, who is currently...
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FILE - In this Aug. 29, 2018, file photo, a customer tries a free sample of a pain cream that contains cannabidiol (CBD) for her arthritis at Minnesota Hempdropz in Maplewood, Minn. Mainstream retailers are leaping into the world of products like skin creams and oils that tout such benefits as reducing anxiety and helping you sleep. The key ingredient is CBD, or cannabidiol, a compound derived from hemp and marijuana that doesn’t cause a high. (Jean Pieri/Pioneer Press via AP, File)
April 15, 2019 - 7:49 am
NEW YORK (AP) — Mainstream retailers are leaping into the world of products like skin creams and oils that tout such benefits as reducing anxiety and helping you sleep. The key ingredient? CBD, or cannabidiol, a compound derived from hemp and marijuana that doesn't cause a high. Retailers are...
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FILE- In this Feb. 26, 2019, file photo Federal Reserve Chairman Jerome Powell testifies before the Senate Banking, Housing and Urban Affairs Committee on monetary policy on Capitol Hill in Washington. On Wednesday, March 20, the Federal Reserve releases its latest monetary policy statement after a two-day meeting. (AP Photo/Kevin Wolf, File)
March 20, 2019 - 3:22 pm
WASHINGTON (AP) — The Latest on the Federal Reserve's monetary policy meeting (all times local): 3:10 p.m. Federal Reserve Chairman Jerome Powell explained Wednesday why he thinks a recent stumble in the U.S. economy's growth will be temporary. Consumers appeared to pull back this winter, with...
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