Retail and wholesale sector performance

FILE- In this May 30, 2018, file photo shoppers look through the updated cosmetic department at a Target store in San Antonio. Target Corp. reports earnings Wednesday, Aug. 22. (AP Photo/Eric Gay, File)
August 22, 2018 - 11:11 am
NEW YORK (AP) — Target reported strong sales growth both at stores and online, helped by remodeled locations and new delivery services as well as a stronger economy. Like Nordstrom, Walmart and Home Depot, it also raised its outlook as retailers benefit from shoppers spending more freely. The...
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FILE- In this Nov. 9, 2017, file photo, a man pushes a cart while shopping at a Walmart store in North Bergen, N.J. Walmart Inc. reports earnings on Thursday, Aug. 16, 2018. (AP Photo/Julio Cortez, File)
August 16, 2018 - 8:18 am
NEW YORK (AP) — Walmart raised its financial outlook for the year after beating Wall Street's expectations for its fiscal second quarter and seeing the strongest growth in more than a decade in sales at established stores. Its shares surged 10 percent before the opening bell Thursday. The report is...
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FILE- In this July 8, 2018, file photo a rainbow illuminates the sky as 2018 MKZ sedans MKX as they sit outside a Lincoln dealership in Englewood, Colo. On Wednesday, Aug 15, the Commerce Department releases U.S. retail sales data for July. (AP Photo/David Zalubowski, File)
August 15, 2018 - 10:44 am
WASHINGTON (AP) — Americans shopped at a healthy pace in July, buying more cars, clothes and appliances, evidence that consumers are helping drive robust economic growth. Retail sales rose at a 0.5 percent annual rate in July, after a 0.2 percent increase the previous month, the Commerce Department...
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An investor walks in front of trading boards at a private stock market gallery in Kuala Lumpur, Malaysia, Tuesday, Aug. 14, 2018. Most Asian stock markets rose Tuesday after Wall Street declined as Turkey’s central bank struggled to contain a currency crisis that is feeding fears about other emerging markets. (AP Photo/Yam G-Jun)
August 14, 2018 - 5:13 am
BEIJING (AP) — Most global stock markets rebounded Tuesday after Wall Street slid on worries Turkey's currency crisis will hurt other emerging markets. KEEPING SCORE: In early trading, Germany's DAX rose 0.7 percent to 12,441.97 and France's CAC 40 gained 0.4 percent to 5,432.48. London's FTSE 100...
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August 09, 2018 - 2:08 pm
NIWOT, Colo. (AP) — Colorado-based footwear company Crocs Inc. is closing company-owned manufacturing plants in Italy and Mexico by year's end and replacing its chief financial officer. The company announced the outsourcing of additional manufacturing and the closure of a distribution facility in...
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Indian customers stand outside IKEA's first store in India as it opened in Hyderabad, India, Thursday, Aug.9, 2018. Swedish home furnishings giant IKEA opened its first store in India on Thursday, five years after it received approval to invest in the country's single-brand retail sector. (AP Photo/Mahesh Kumar A.)
August 09, 2018 - 7:31 am
HYDERABAD, India (AP) — Band music and loud cheers greeted hundreds of customers as Swedish home furnishings giant IKEA opened its first store in India on Thursday, five years after it received approval to invest in the country's single-brand retail sector. The store in the southern Indian city of...
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July 31, 2018 - 4:05 pm
ATLANTA (AP) — A man who worked as a spokesman for a "darknet" marketplace used for illegal online sales has been sentenced in Atlanta to serve nearly four years in federal prison. Ronald L. Wheeler III of Streamwood, Illinois, pleaded guilty in March to conspiracy to commit access device fraud. A...
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July 19, 2018 - 6:56 am
LONDON (AP) — The British pound has fallen below $1.30 for the first time in ten months after disappointing retail sales news raised further questions over whether the Bank of England will raise interest rates next month. In midday trading Thursday, the pound was down 0.6 percent at $1.2992. Over...
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In this July 3, 2018, photo, a shopper carries bags in San Francisco. On Monday, July 16, the Commerce Department releases U.S. retail sales data for June. (AP Photo/Marcio Jose Sanchez)
July 16, 2018 - 8:56 am
WASHINGTON (AP) — U.S. retail sales rose at a solid pace last month despite higher prices and modest wage gains, a sign of underlying consumer optimism. The Commerce Department said Monday that sales at retailers and restaurants increased 0.5 percent in June, following a big 1.3 percent gain the...
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FILE - In this Jan. 8, 2018, file photo, Wisconsin Gov. Scott Walker speaks in Madison, Wis. A U.S. Supreme Court ruling making it easier to collect online sales taxes could yield billions of dollars for state and local governments _ if they decide to keep it. Rather than spend the windfall on schools, prisons or other government services, some Republican governors and lawmakers are proposing to give it away in the form of additional tax cuts to residents. Walker, running for a re-election this year, has suggested the extra revenue from online sales taxes could be used to expand tax breaks for senior citizens or families with children. (AP Photo/Scott Bauer, File)
June 29, 2018 - 2:46 pm
JEFFERSON CITY, Mo. (AP) — A U.S. Supreme Court ruling making it easier to collect online sales taxes could yield billions of dollars for state and local governments — if they decide to keep it. Rather than spend the windfall on schools, prisons or other government services, some Republican...
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