Retail sales

January 31, 2019 - 5:11 am
STOCKHOLM (AP) — Swedish low-cost fashion brand Hennes & Mauritz AB said Thursday its fourth-quarter profit dropped about 10 percent to 3.5 billion kronor ($390 million) as consumers continued to shift to online shopping. The Stockholm-based group retailer said quarterly sales increased by 12...
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FILE - This June 29, 2016 file photo shows a Target store in Hialeah, Fla. Target shoppers took full advantage of the retailer’s pickup and drive up services over the holiday season, climbing 60 percent from a year earlier and making up a quarter of the chain’s online sales for the November-December period. Target Corp. also announced Thursday, Jan. 9, 2019 that sales at stores open at least a year increased 5.7 percent in the period, up from 3.4 percent a year earlier. (AP Photo/Alan Diaz)
January 10, 2019 - 3:51 pm
NEW YORK (AP) — Many investors had expected department stores to enjoy robust sales over the holidays in light of a U.S. economy buoyed by low unemployment, higher wages, strong consumer confidence and cheap gas. So when Macy's and Kohl's reported lackluster numbers on Thursday, they were taken...
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Shoppers walk the halls at the Roosevelt Field Mall on Wednesday, Dec. 26, 2018 in Garden City, N.Y. Retail sales rose 5.1 percent between Nov. 1 and Dec. 24 from a year ago, according to Mastercard SpendingPulse, which tracked spending online and in stores across all payment types, including those who paid by cash or check. (Howard Schnapp/Newsday via AP)
December 26, 2018 - 5:47 pm
NEW YORK (AP) — Americans buoyed by a strong economy pushed holiday sales growth to a six-year high. Retail sales rose 5.1 percent between Nov. 1 and Dec. 24 from a year ago, according to Mastercard SpendingPulse, which tracked spending online and in stores across all payment types, including those...
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Anti-Brexit demonstrators wave flags outside the houses of Parliament in London, Wednesday Dec. 19, 2018. (AP Photo/Tim Ireland)
December 20, 2018 - 10:15 am
LONDON (AP) — The Bank of England warned Thursday that uncertainties related to Brexit have "intensified considerably" since early November and weighing on the U.K. economy. While unanimously deciding to keep the bank's main interest rate unchanged at 0.75 percent, as expected, the nine-member rate...
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December 14, 2018 - 2:37 pm
WASHINGTON (AP) — President Donald Trump says China's economy is feeling the pressure of his tariffs, and he thinks a "big and very comprehensive deal" could happen. Trump asserts in a tweet that China's economy is "growing much slower than anticipated because of our Trade War." China on Friday...
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FILE- In this Nov. 23, 2018, file photo a shopper walks through Dolphin Mall while shopping on Black Friday in Miami. On Friday, Dec. 14, the Commerce Department releases U.S. retail sales data for November. (AP Photo/Lynne Sladky, File)
December 14, 2018 - 8:33 am
WASHINGTON (AP) — U.S. retail sales increased a slight 0.2% in November, as strong sales tied to holiday shopping were offset by lower gasoline prices. The Commerce Department said Friday that retail sales have climbed a solid 5.3% so far this year. In November, non-store retail sales — a category...
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A woman is reflected on the electronic board of a securities firm in Tokyo, Friday, Dec. 14, 2018. Asian markets tumbled on Friday after China reported weaker-than-expected economic data, stirring up worries about the state of the world's second largest economy. (AP Photo/Koji Sasahara)
December 14, 2018 - 4:36 am
SINGAPORE (AP) — European and Asian indexes wobbled on Friday after British Prime Minister Theresa May failed to get assurances for a Brexit divorce deal at an EU summit in Brussels. China reported weaker-than-expected economic data, stirring up worries about the state of the world's second largest...
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FILE- In this Dec. 6, 2018, file photo specialist Peter Mazza works at his post on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EST on Thursday, Dec. 13. (AP Photo/Richard Drew, File)
December 13, 2018 - 10:59 pm
SINGAPORE (AP) — Asian markets tumbled on Friday after China reported weaker-than-expected economic data, stirring up worries about the state of the world's second largest economy. KEEPING SCORE: Japan's Nikkei 225 index slid 1.7 percent to 21,439.16 and the Kospi in South Korea lost 1.2 percent to...
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This May 3, 2018, photo shows boxes on a conveyor belt during a tour of the Amazon fulfillment center in Aurora, Colo. The explosion in online shopping has led to porch pirates and stoop surfers swiping holiday packages from unsuspecting residents. The cops in one New Jersey city are trying to catch the thieves with some trickery of their own. (AP Photo/David Zalubowski)
December 11, 2018 - 5:43 pm
The explosion in online shopping has led to porch pirates and stoop surfers swiping holiday packages from unsuspecting residents. The cops in one New Jersey city are trying to catch the thieves with some trickery of their own. Police in Jersey City, across the Hudson River from New York, are...
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People wait in line to buy televisions as they shop during an early Black Friday sale at a Best Buy store on Thanksgiving Day Thursday, Nov. 22, 2018, in Overland Park, Kan. (AP Photo/Charlie Riedel)
November 24, 2018 - 6:39 am
NEW YORK (AP) — It would have been easy to turn on their computers at home over plates of leftover turkey and take advantage of the Black Friday deals most retailers now offer online. But across the country, thousands of shoppers flocked to stores on Thanksgiving or woke up before dawn the next day...
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