Tag: Retail industry
5 ways to help small businesses recover from the pandemic
When the COVID-19 pandemic hit, communities around the U.S. rallied to help small businesses by launching “shop local” initiatives, purchasing gift cards and starting...
Nervous workers struggle to adjust to new mask policies
NEW YORK — An abrupt relaxation of mask policies has left workers at some retail and grocery stores reeling as they try to sort...
Target’s 1Q profit surges as shoppers go out and spend
NEW YORK — Target Corp. on Wednesday reported that its sales and profits surged in its fiscal first quarter thanks to shoppers eager to...
UK inflation spikes as retailers respond to lockdown easing
LONDON — Britain’s inflation rate more than doubled in April as energy prices soared and clothing retailers hiked prices as the country's coronavirus lockdown...
Five Below to build distribution center in central Indiana
INDIANAPOLIS — Discount retailer Five Below will locate a Midwest distribution center in central Indiana, creating more than 470 new jobs by the end...
New year, same results; Home depot sales boom in 1Q
An overcharged housing market is keeping aisles full at Home Depot and on Tuesday, the company reported soaring sales that blew past Wall Street...
Walmart blows past expectations for the first quarter
NEW YORK — Walmart blew past Wall Street projections in the first quarter with U.S. stimulus payments to Americans helping to boost sales and...
Retailer results so far show people are going out, spending
NEW YORK — At Walmart, sales of teeth whitener are popping as customers take their masks off. So are travel items. Macy's says that...
Biden tax returns: He paid 25.9% rate and earned $607,336
WASHINGTON — President Joe Biden has said the wealthy should pay more in taxes — and 25.9% of his income went to the federal...
Retail sales were flat in April as stimulus spending wanes
NEW YORK — Retail sales in the U.S. were flat in April, after soaring in March, when many Americans received $1,400 stimulus checks that...
