Retail and wholesale

October 15, 2019 - 12:48 am
BERLIN (AP) — Online fashion retailer Zalando says it wants at least 40% of its senior managers to be women within four years, following recent criticism that all five members of its management board are men. The Berlin-based company said Tuesday that it "aims for a balanced representation of women...
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October 11, 2019 - 11:37 am
NEW YORK (AP) — The head of a popular independent bookstore in California will soon be CEO of the American Booksellers Association. The trade group announced Friday that Allison K. Hill will succeed Oren Teicher, who earlier this year said he was stepping down. Hill, currently president and CEO of...
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FILE - In this July 21, 2018, file photo Allbirds co-founder Tim Brown speaks at OZY Fest in Central Park in New York. Online shoe brand Allbirds plans to more than double its store count next year, hoping to reach shoppers who want to touch and try on their wool shoes. (Photo by Evan Agostini/Invision/AP, File)
October 08, 2019 - 12:06 pm
NEW YORK (AP) — Online shoe brand Allbirds plans to more than double its store count next year, hoping to reach shoppers who want to touch and try on its wool shoes. The company said Tuesday that it plans to open 20 stores in 2020, bringing its total number of stores to about 35 by the end of the...
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October 03, 2019 - 5:45 pm
ST. LOUIS (AP) — Schnuck Markets Inc., one of the Midwest’s largest grocery store chains, will stop selling cigarettes, chewing tobacco and other tobacco products as of Jan. 1. Suburban St. Louis-based Schnucks announced the move Thursday. Schnucks is the largest grocer in the St. Louis area and...
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FILE - In this Nov. 9, 2019, file photo shoppers make their way through the toy isles at a Walmart Supercenter in Houston. The National Retail Federation, the nation’s largest retail trade group, announced on Thursday, Oct. 3, 2019, that it is forecasting that holiday sales will rise between 3.8% and 4.2% even as uncertainty looms over an escalating trade war with China. (AP Photo/David J. Phillip, File)
October 03, 2019 - 9:23 am
NEW YORK (AP) — The National Retail Federation, the nation’s largest retail trade group, forecasts that holiday sales will rise between 3.8% and 4.2% even as uncertainty looms over an escalating trade war with China. The holiday sales forecast, announced Thursday, marks an increase from the...
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October 03, 2019 - 1:02 am
COPENHAGEN, Denmark (AP) — Low-cost fashion retailer Hennes & Mauritz AB says its third-quarter profit jumped 25% to 5 billion kronor on strong summer sales as the Swedish group’s recovery is well underway after a strategy shift. The Stockholm-based group says its quarterly sales increased by...
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FILE - This Jan. 11, 2018 file photo shows Judge Dan Polster in his office, in Cleveland. Attorneys representing eight drug distributors, pharmacies and retailers facing trial for their roles in the national opioid crisis are seeking to disqualify the federal judge overseeing their cases saying he’s shown clear bias in his efforts to obtain a multi-billion dollar global settlement. The motion was filed late Friday, Sept. 13, 2019, in U.S. District Court in Cleveland, where Judge Dan Polster presides over most of the 2,000 lawsuits filed by state, local and tribal governments. Polster has not responded. (AP Photo/Tony Dejak, File)
October 01, 2019 - 1:07 pm
COLUMBUS, Ohio (AP) — A group of drug retailers and distributors asked an Ohio federal appeals court Tuesday to disqualify the judge overseeing national opioid litigation after the judge himself denied their requests. Walmart, Walgreens, CVS, Rite Aid and drug distributors AmerisourceBergen,...
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A box of Maximum Strength Zantac tablets is shown at a pharmacy, Monday, Sept. 30, 2019, in Miami Beach, Fla. CVS has halted sales of the popular heartburn treatment and the store generic version after warnings by U.S. health regulators. (AP Photo/Wilfredo Lee)
September 30, 2019 - 1:14 pm
CVS has halted sales of popular heartburn treatment Zantac and its generic store brand after warnings by U.S. health regulators. It's the latest precautionary move by retailers and manufacturers after the U.S. Food and Drug Administration recently warned consumers about a potentially dangerous...
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FILE - In this Tuesday, May 7, 2019, file photo, women select clothing at an American fast fashion retailer Forever 21 which is offering clearance discounts at a shopping mall after it pulled out from China's market, in Beijing. Low-price fashion chain Forever 21, a one-time hot destination for teen shoppers that fell victim of its own rapid expansion and changing consumer tastes, announced Sunday, Sept. 29, 2019, that it has filed for Chapter 11 bankruptcy protection. (AP Photo/Andy Wong, File)
September 29, 2019 - 7:42 pm
NEW YORK (AP) — Low-price fashion chain Forever 21, a one-time hot destination for teen shoppers that fell victim to its own rapid expansion and changing consumer tastes, has filed for Chapter 11 bankruptcy protection. The privately held company based in Los Angeles said Sunday it will close up to...
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September 29, 2019 - 7:37 pm
NEW YORK (AP) — Low-price fashion chain Forever 21, a one-time hot destination for teen shoppers that fell victim to its own rapid expansion and changing consumer tastes, has filed for Chapter 11 bankruptcy protection. The privately held company based in Los Angeles said Sunday it will close up to...
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