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Consumer Goods

American retail sales top estimates

Consumers indulged in more retail sales than expected in January, a positive sign for retailers after a disappointing holiday season.Last month's sales climbed 0.2 percent to $449.9 billion from December, the Commerce Department said Friday. Wall Street analysts had...

Date: 02/13/2016 | Business Wire


Sears analyst says company isn’t viable

Sears Holdings Corp., the department-store chain run by hedge-fund magnate Eddie Lampert, plunged as much as 8.9 percent after an analyst warned that the company is no longer “viable as a retailer in its current form.”

Date: 02/09/2016 | Business Wire


Many optimistic despite slower U.S. job growth

WASHINGTON — Consider looking past January's so-so job growth. At first glance, Friday's government report on U.S. hiring was a downer — 151,000 added jobs, well below the pace of the previous few months.Yet once you take a fuller view, a brighter picture of the...

Date: 02/06/2016 | Business Wire


Home Depot to hire more than 80,000

NEW YORK — Home Depot is on a hiring spree.

Date: 02/04/2016 | Business Wire


U.S. consumer spending flat, savings rate at 3-year high

WASHINGTON — U.S. consumers kept their spending flat in December and instead boosted their savings rate to the highest level in three years.

Date: 02/01/2016 | Business


3 generations, 75 years

Bob and Cory Long carry on the legacy at Judd & Black

Date: 01/27/2016 | Business


Wal-Mart to give pay raises to most workers

NEW YORK — The vast majority of Wal-Mart’s U.S. employees will get raises as part of the world’s largest retailer’s previously announced commitment to invest in its workforce as it faces pressure from labor-backed groups and seeks to retain workers in a tighter labor force.

Date: 01/21/2016 | Business Wire


Walmart to shutter 269 stores, 154 of them in the USA

NEW YORK — Walmart is doing some rare pruning.The world’s largest retailer is closing 269 stores, including 154 in the U.S. that includes all of its locations under its smallest-format concept store called Walmart Express. The other big chunk is in its challenging Brazilian market.

Date: 01/15/2016 | Business


Tesla software update allows self-parking, limits speed

DETROIT — Some Tesla Motors vehicles can park themselves without a driver inside with a software update beamed to customers over the weekend.

Date: 01/11/2016 | Nation & World


Gas prices fall a penny over 3 weeks

CAMARILLO, Calif. — The average price of gasoline has dropped a penny over the past three weeks, to $2.05 a gallon.Industry analyst Trilby Lundberg said Sunday that with the slight decline the price remains the lowest since 2009.

Date: 01/10/2016 | Nation & World


U.S. wholesale businesses cut stockpiles 0.3 percent

WASHINGTON — U.S. wholesale businesses trimmed their stockpiles for the second straight month in November, while their sales plunged by the largest amount in 10 months.

Date: 01/09/2016 | Business Wire


Toys R Us holds its own against online holiday competition

NEW YORK — Toys R Us reported stronger holiday sales despite intense competition from online retailers such as Amazon.com.

Date: 01/09/2016 | Business Wire


Seattle gun store owner moving because of new tax

SEATTLE — The owner of one of Seattle’s few gun stores says he’s moving his business to avoid paying a new tax.

Date: 01/06/2016 | Northwest


$2 gasoline not jump-starting economy

WASHINGTON — If low oil prices are a gift to U.S. consumers, why isn't the U.S. economy growing faster?After all, cheap crude pumps money into consumers' pockets much the same way a tax cut would. The drop in oil prices this year has been like a $290 billion tax cut,...

Date: 12/30/2015 | Business Wire


Holiday spending increases by 7.9% percent

NEW YORK — Americans spent more on items like furniture during the holidays this year, with online shopping in particular seeing a big spike, according to a report released Monday.Overall spending rose 7.9 percent from a year ago, according to the MasterCard...

Date: 12/29/2015 | Business Wire


Amazon reportedly eyes air cargo business in Europe

SEATTLE — Amazon.com may be considering expanding air cargo operations in Europe as well as the United States, according to a report in London's Evening Standard newspaper.The paper reports that the online retail giant "has...

Date: 12/28/2015 | Business Wire


Amazon shipping, Christmas Eve deliveries set record

TRENTON, N.J. — Online retailer Amazon has been a prime beneficiary of more consumers doing their holiday shopping online and procrastinating.

Date: 12/28/2015 | Business Wire


What is Boxing Day and how did it get its name?

LONDON — In Britain and other countries like Australia and Canada, the day after Christmas is a secular national holiday known as Boxing Day. Here’s a brief look at some theories about how the holiday got its name and how people celebrate it:NO NEED FOR BOXING GLOVES

Date: 12/26/2015 | Business Wire


Have sales of gift cards peaked?

As last-minute shoppers scramble to find Christmas presents, many will choose a reliable standby: the gift card.Nearly three out of four Americans are expected to buy the cards this holiday season, with overall gift-card sales totaling $26 billion, according to the National...

Date: 12/25/2015 | Business Wire


Retailers cut shipping fees to counter weak sales

NEW YORK — Stung by a spending slowdown, more retailers are offering free online shipping, giving consumers a holiday gift but cutting into profits.

Date: 12/24/2015 | Business Wire


More than buyer must beware

Whether out of convenience, habit, a sense of loyalty or a combination of those, most of us do our grocery shopping at the same one or two stores and even have our favorite checkers there.For many, that was thrown into turmoil this year with Haggen's failed acquisition of...

Date: 12/15/2015 | Editorials


Retails sales rise in November as shopping picks up

WASHINGTON — Holiday shoppers are off to a solid but unspectacular start as retail sales registered a modest gain in November.The Commerce Department said Friday that retail sales rose a seasonally adjusted 0.2 percent to $448 billion last month. This marks an...

Date: 12/11/2015 | Business Wire


Men’s Wearhouse struggles continue, stock tumbles

NEW YORK — Men’s Wearhouse’s is struggling as it tries to figure out the best strategy for its business since buying rival Jos. A. Bank.

Date: 12/11/2015 | Business Wire


U.S. adds 211,000 jobs in November; Dow soars

WASHINGTON — If the Federal Reserve needed any final evidence that the economy is ready for higher interest rates, it got it on Friday.

Date: 12/04/2015 | Business Wire


Sears narrows loss, but sales still slump in 3rd quarter

CHICAGO — The parent of struggling retailers Sears and Kmart reported third-quarter 2015 results Thursday that showed it narrowing its losses despite a nearly 20 percent drop in sales.

Date: 12/04/2015 | Business Wire


Outdoor sporting goods chain Cabela’s may be hunting for a buyer

OMAHA, Neb. — Cabela's, the outdoor sporting goods chain known for its elaborate in-store wildlife displays, may be seeking a buyer.The retailer has been under pressure since late October when the investment firm Elliott Management started pushing for money-generating...

Date: 12/02/2015 | Business Wire


Target discounts bring success, some headaches

NEW YORK — Target Chief Executive Officer Brian Cornell has gotten more aggressive with holiday discounts during his second year of a turnaround effort, a strategy that is undercutting some rivals on price while also bringing headaches.

Date: 12/02/2015 | Business Wire


Tommie Copper to pay for infomercial claims

Tommie Copper infomercials said the company's compression clothing would relieve severe and chronic pain and inflammation.The Federal Trade Commission, however, said Tuesday that Tommie Copper, whose products have been pitched by talk show host Montel Williams, needs...

Date: 12/01/2015 | Business Wire


Could malls lose their stores to downtowns?

First there was "Black Friday." Then there was "Cyber Monday." The holiday shopping markers plod through the calendar like a procession of Groundhog Days. The big difference is that Punxsutawney Phil the groundhog sometimes offers surprise. Will he see his shadow...

Date: 12/01/2015 | Opinion Columnists


Kitsap artist’s shirt designs worn by Carrot Top

KITSAP — On a trip to Vegas eight years ago, Eric Orn went to see Carrot Top.The Central Kitsap screen-printer and artist made his own T-shirt to wear to the show, depicting the comedian on a gambling chip.He was stopped by security before he got in the door.

Date: 11/28/2015 | Northwest


Black Friday begins to fizzle out

NEW YORK — The annual ritual of Black Friday, as we know it, is over.Gone are the throngs of frenzied shoppers camping out for days ahead of the big sales bonanza on the day after Thanksgiving. And forget the fisticuffs over flat-screen TVs.

Date: 11/27/2015 | Business Wire


States boost REI's Black Friday 'OptOutside' plan

Exactly one month ago, outdoor retailer REI announced its campaign to get its employees and customers outside for the day. And a number of states jumped on board.All 143 REI stores are closed for the day, though its 12,000 employees are still being paid, according to the...

Date: 11/27/2015 | Business Wire


It's holiday shopping time

Retailers are pushing sales earlier

Date: 11/27/2015 | Business


Reasons to shop on Saturday

Despite announcements by several retailers that are bucking the trend of stores opening on Thanksgiving for the start of the holiday shopping season, including REI, Nordstrom and Costco, it can seem like a losing battle when Macy's, Sears, Target, Walmart and other major retailers no...

Date: 11/25/2015 | Editorials


Agency: 19 people ill in E. coli outbreak tied to Costco

SEATTLE — Nineteen people in seven states, including Montana, Utah and Colorado, have contracted E. coli in an outbreak linked to chicken salad bought at Costco, federal health officials said Tuesday.

Date: 11/24/2015 | Northwest


U.S. economy outperforms 3rd quarter estimates

WASHINGTON — The U.S. economy grew at a faster pace over the summer than initially estimated, a positive sign that could help convince Federal Reserve policymakers to raise a key interest rate next month.

Date: 11/24/2015 | Business Wire


Amish man runs marathon in traditional garb

HARRISBURG, Pa. — An Amish man turned heads as he whizzed by fellow runners at a recent marathon — not because of his speed but because of his unusual racing attire.Leroy Stolzfus, 22, finished the 26.2-mile Harrisburg Marathon on Nov. 8 in just over three hours...

Date: 11/21/2015 | Nation & World


What’s the best day to shop for gifts online?

The holiday shopping season is about to begin in full force. But you may not want to wait until Black Friday to start hunting for deals — especially if you’re shopping online.

Date: 11/20/2015 | Business Wire


Dinosaur claws join annual list of dangerous toys

BOSTON — Dinosaur claws inspired by the movie “Jurassic World” and a quick-folding trampoline are among the items on a consumer watchdog group’s annual list of hazardous toys released Wednesday.

Date: 11/18/2015 | Business Wire


VW owners, think twice before accepting that $500 check offer

Judy Sexton took a road trip in September. On her three-day drive to Nebraska, fuel costs were no problem. Her 2014 diesel Volkswagen Jetta gets more than 40 miles per gallon.

Date: 11/15/2015 | Julie Muhlstein


J.C. Penney sales up 6.4% but its stock plunges

PLANO, Texas — J.C. Penny reported stronger-than-expected sales for the third-quarter, but the department store operator's failure to raise its forecast for the year appeared to add to worries that upcoming holiday shopping season could turn out to be a dud for retailers.

Date: 11/13/2015 | Business Wire


Three takeaways from sizzling U.S. jobs report

WASHINGTON — Employers shrugged off worries about the U.S. economy downshifting, adding a whopping 271,000 non-farm jobs in October and raising worker pay in the process.The unemployment rate in October dipped slightly to 5 percent, and measures of stress in the job...

Date: 11/06/2015 | Business Wire


Amazon opens 1st brick-and-mortar bookstore at U Village

SEATTLE — Online retail giant Amazon opened its first brick-and-mortar bookstore on Tuesday, two decades after it began selling books over the Internet and helped drive a number of shops out of business.

Date: 11/03/2015 | Business Wire


Holiday spending: Consumers to fill kids' closets, update homes

What hasn't changed: the American consumer swinging into action during the holiday season. What has: the things we're opening our wallets to buy. (Hint: It's not just gifts.)While shoppers say they plan to spend 12.5 percent more this holiday season, they say they plan to...

Date: 10/31/2015 | Business Wire


Why the REI co-op can skip Black Friday

Jena McGregorThe Washington Post

Date: 10/29/2015 | Business Wire


REI bucks Black Friday shopping, will close stores that day

KENT — Outdoor retailer Recreational Equipment, Inc., known as REI, has announced it will buck Black Friday and close its 143 stores on the Friday after Thanksgiving.

Date: 10/26/2015 | Business Wire


J. Crew ends on-call scheduling for U.S. workers

ALBANY, N.Y. — J. Crew has agreed to end on-call scheduling at stores nationwide, after similar moves by several other major retailers, New York’s attorney general said Friday.

Date: 10/24/2015 | Business Wire


Thomas Stemberg, founder of Staples superstore, dies

BOSTON — A former grocery business executive who founded Staples Inc. and revolutionized the office supplies retail business has died in Massachusetts. Thomas Stemberg was 66.

Date: 10/24/2015 | Business Wire


Best Buy to drop all shipping charges starting Sunday

NEW YORK — Best Buy, the nation’s largest consumer electronic chain, will drop all restrictions for free shipping for the holiday season, underscoring big changes in what customers have come to expect when they shop.

Date: 10/22/2015 | Business Wire


Retailers work to speed up holiday deliveries

BETHLEHEM, Pa. — Christmas won't come early this year, but the gifts might.Just in time for the winter holiday shopping season, Amazon, Macy's, Wal-Mart and other retailers are working behind the scenes to make sure they can deliver online orders to shoppers faster.

Date: 10/17/2015 | Business Wire


Apple Pay will expand to Starbucks, KFC, Chili’s

Soon, Starbucks lattes and KFC fried chicken will just be a tap away with Apple Pay.

Date: 10/10/2015 | Business Wire


Oregon sells $11 million in marijuana in 5 days

SALEM, Ore. — Retailers sold more than $11 million of marijuana during Oregon’s first week of legal recreational sales, outpacing the early business done in other states that have legalized pot, according to the Oregon Retailers of Cannabis Association.

Date: 10/09/2015 | Business Wire


Trade groups forecast strong holiday sales season

Retailers are in for a strong, yet competitive holiday season, according to two forecasts Thursday.

Date: 10/09/2015 | Business Wire


Sleep Country changes name, retires earworm jingle

If you've spent any time in the Northwest, you've probably had this jingle stuck in your head:"Sleep Country U-S-A! Why buy a mattress anywhere else?"Well, the jingle is being retired.Sleep Country USA, which bills itself as the...

Date: 10/07/2015 | Business


Wal-Mart cuts HQ 'to become a more agile company'

NEW YORK — Wal-Mart laid off 450 workers at its headquarters Friday as the world's largest retailer attempts to become more nimble so that it can better compete with the likes of Amazon.com.There are more than 18,000 people who work at the headquarters in Bentonville,...

Date: 10/03/2015 | Business Wire


J.C. Penney slashes U.S. pension obligations 35%

J.C. Penney Co. reached a deal with about 12,000 retirees and beneficiaries to accept a lump-sum payment and settle pension obligations, helping reduce the amount that the department-store chain will have to pay by as much as 35 percent.

Date: 10/02/2015 | Business Wire


Oregon begins recreational marijuana sales

PORTLAND, Ore. — Excited shoppers looking to score some of the first recreational marijuana sold legally in Oregon bought up baggies of bud early Thursday, taking advantage of door-buster prices and other deals.Some of the more than 250 dispensaries that already offer...

Date: 10/01/2015 | Business Wire


Parties, discounts to mark start of pot sales in Oregon

PORTLAND, Ore. — Discounts on pot, free food for folks with the munchies and live music will usher in a historic day for Oregon and for marijuana advocates across the country on Thursday, as recreational sales of the drug that is still illegal under federal law begin in the state.

Date: 09/30/2015 | Northwest


Haggen asks for permission to close more stores

SEATTLE — Grocery store chain Haggen has asked a bankruptcy court for permission to close 100 stores, which could result in more than 5,000 jobs lost in the Southwest alone.

Date: 09/25/2015 | Northwest


Holiday sales growth seen slowing as pay stays stagnant

NEW YORK — Retail sales may increase as much as 4 percent this holiday season, less than last year’s gain, as shoppers’ wages remain stagnant, according to Deloitte LLP.

Date: 09/24/2015 | Business Wire


Critics of Cascade Locks bottled water plant in Oregon aim for ballot

SALEM, Ore. (AP)— Critics of a plan to build a bottled water plant in Cascade Locks said Monday that they hope to take their case to the voters of Hood River County.

Date: 09/21/2015 | Northwest


Renton IKEA starts construction on larger store at same site

RENTON — Demolition of the parking garage at the Renton IKEA store began Thursday morning to make way for a new, larger store.A pair of excavators began tearing down the 365,000-square-foot structure in front of a small crowd that gathered to watch the store’s iconic blue walls fall.

Date: 09/17/2015 | Business


Portland State University gets $3.5M to study e-cigarettes

PORTLAND, Ore. — Chemists at Portland State University have been granted $3.5 million in federal funding to study the potential dangers of e-cigarettes.

Date: 09/14/2015 | Northwest


Survey: U.S. gasoline price drops 27 cents over 3 weeks

CAMARILLO, Calif. — The U.S. average price of gasoline dropped 27 cents over the past three weeks, to $2.44 a gallon.Industry analyst Trilby Lundberg said Sunday that the pump price fell even though crude oil prices gained strength, as gasoline supply outweighed demand.

Date: 09/13/2015 | Nation & World


E-commerce invades old-school mattress business

Even as online shopping has exploded, the process of buying a mattress has remained remarkably — even stubbornly — consistent: Trek to a department store or a strip-mall shop. Have a salesperson rattle off their big holiday-weekend deals. Lie on a few mattresses for a minute...

Date: 09/10/2015 | Business Wire


Heineken taking 50 percent stake in craft brewer Lagunitas

NEW YORK — Heineken is taking a 50 percent stake in California brewer Lagunitas, giving the Dutch brewer access to the growing craft beer market.Lagunitas Craft Brewing Co. is the fifth-largest craft brewer in the U.S. by volume. Its beers include Lagunitas IPA, Hop Stoopid and Maximus.

Date: 09/09/2015 | Business Wire


Tiffany triumphs in Costco dispute

A federal court says Costco violated federal trademark laws when it sold engagement rings labeled “Tiffany” that were not those of Tiffany & Co.High-end retailer Tiffany & Co. sued Costco in 2013 over the matter.

Date: 09/08/2015 | Business Wire


Macy’s says it will close 35 to 40 stores in early 2016

NEW YORK — Macy’s says it will close 35 to 40 stores in early 2016, or as much as 5 percent of its namesake stores.

Date: 09/08/2015 | Business Wire


Peak barbecue? Those days are behind us

If you're planning to fire up your grill in the backyard on Labor Day weekend, spare a moment to consider that you're partaking in a tradition in slow decline.While two-thirds of U.S. households will likely barbecue outdoors over the next three days, according to market...

Date: 09/05/2015 | Business Wire


Lululemon: Should yoga pants hug you?

Lululemon customers will soon face a potentially awkward question when choosing workout pants: Do you want to feel “hugged” or merely “held-in”?

Date: 09/02/2015 | Business Wire


Canada retail sales gain signals growth in GDP

OTTAWA — Canadian retail sales rose faster than economists forecast in June, a sign the economy grew that month for the first time this year.

Date: 08/22/2015 | Business Wire


Gap’s earnings meet analysts’ estimates

Gap Inc., the largest apparel-focused retailer in the United States, reported second-quarter profit that met analysts’ estimates as the company revamps its flagship brand.

Date: 08/22/2015 | Business Wire


Providence partners with Walgreens on in-store clinics

CHICAGO — Walgreens is teaming up with a large hospital network for the first time to open a handful of new in-store clinics, as the drugstore chain looks for a more cost-effective and collaborative approach to expand its health care services.

Date: 08/20/2015 | Business Wire


Is it really that hard to work at Amazon?

Silicon Valley wasted no time in reacting to a New York Times article on what it's like to work at Amazon. The story featured depictions of people pushed to extremes, staff crying at desks and "redrawing the boundaries of what is acceptable."The Seattle-based...

Date: 08/18/2015 | Business Wire


LED lightbulb savings outshine solar and wind power

Utility and power grid managers in the United States are learning that the best way to cut carbon emissions and improve efficiency is the easiest: Just change your lightbulbs.The nation's largest grid, serving more than 61 million customers from Washington to Chicago, is...

Date: 08/15/2015 | Business Wire


J.C. Penney narrows loss, tops expectations

DALLAS — J.C. Penney reported a better second quarter than analysts expected, narrowing its loss and posting a 4.1 percent same-store sales increase. Its stock traded higher after an upbeat conference call with analysts Friday morning to review results.

Date: 08/15/2015 | Business Wire


Rite Aid stores will now accept Apple Pay

SAN FRANCISCO — Rite Aid stores will start accepting Apple’s mobile payment system, Apple Pay, later this month after initially shunning the service in favor of a rival system.

Date: 08/12/2015 | Business Wire


Shopping seasons off kilter

Halloween decorations are now appearing in a store near you. (It's not an apparition.) It must be early August. Of course, all items related to summer — from outdoor furniture to swimsuits — were gone from store shelves in early July. Our weird consumer society dictates this...

Date: 08/10/2015 | Editorials


Expansion of gun sale background checks in Oregon takes effect Sunday

PORTLAND, Ore. — The new Oregon law requiring background checks for private gun transactions will take effect Sunday amid plenty of uncertainty.Nobody really knows how many private sales occur in Oregon and there is heated debate about whether the new law will be widely ignored or not.

Date: 08/06/2015 | Northwest


Salmonella outbreak that may be tied to pork grows

SEATTLE — The state Department of Health says the number of Salmonella cases that may be tied to pork products has grown in Washington, with at least 90 people reported to have gotten sick.

Date: 07/31/2015 | Northwest


Procter & Gamble sales dip on softer volume

CINCINNATI — Procter & Gamble's sales fell for the sixth straight quarter as the world's bigger consumer goods company was weighed down by softer sales volume and unfavorable currency exchange rates.The maker of products including Tide, Pampers and Charmin said...

Date: 07/31/2015 | Business Wire


Safeway closure leaves no anchor store at Mill Creek shopping center

MILL CREEK — The shelves of the Safeway here are mostly bare as the grocer gets ready to close the store for good Saturday.Safeway spokeswoman Tairsa Worman said the store at 13314 Bothell-Everett Highway is shutting down because it wasn't as profitable as other...

Date: 07/25/2015 | Local News


After 2 deaths, including Snohomish boy, warnings about Ikea dressers

NEW YORK — After Ikea chests tipped over and fatally injured two boys, including a boy from Snohomish, safety regulators say consumers should stop using Ikea's dressers and chests for children unless the products are mounted to a wall.The Swedish furniture giant is...

Date: 07/22/2015 | Northwest


Bratwurst battle brewing in federal court in Milwaukee

MILWAUKEE — Two Wisconsin sausage companies are battling in court over who can use the term “backyard brat.”

Date: 07/21/2015 | Business Wire


Rocker Neil Young offers support to Vermont food label law

MONTPELIER, Vt. — Rocker Neil Young is lending his support to the state’s efforts to label foods containing genetically modified ingredients.

Date: 07/20/2015 | Business Wire


Wal-Mart helped push manufacturing overseas. Now it wants to reverse that

BENTONVILLE, Ark. - The group cheer at Wal-Mart's third annual U.S. manufacturing summit - convened to find more American-made products - was greeted with a voice from another era."Almost anything can be made by Americans, in this country, and be done...

Date: 07/18/2015 | Business Wire


Amazon calls Prime Day a hit; some customers grumble

Amazon.com said it sold more products during its Prime Day event Wednesday than on last year’s Black Friday, a sign the promotion was a success despite complaints that the deals were subpar.

Date: 07/17/2015 | Business Wire


Families plan to spend less on back-to-school purchases

Another survey on back-to-school shopping is out — this time showing that parents plan to trim spending this year compared to last.

Date: 07/16/2015 | Business Wire


Amazon takes heat for ‘lame’ deals on ‘Prime Day’

It was billed as Black Friday in July, but some customers are saying the discounts offered for Amazon.com Inc.’s Prime Day are more like yard sale finds.

Date: 07/15/2015 | Business Wire


Milk supplies overwhelm U.S. dairies

CHICAGO — There’s so much milk flowing out of U.S. cows these days that some is ending up in dirt pits because dairies can’t find buyers.

Date: 07/03/2015 | Business Wire


Costco confirms Lynnwood store opening in August

LYNNWOOD — Costco says that the new store here is set to open in August.The company has declined to answer questions from media, but on its website the Lynnwood location now is listed among planned openings.The store is being built at the old high school site north of Alderwood mall.

Date: 06/18/2015 | Business


U.S. gasoline prices rise 3 cents to $2.87 a gallon

CAMARILLO, Calif. — U.S. gasoline prices have risen again but at a slower pace.The average price of regular jumped 3 cents a gallon in the past two weeks to $2.87 a gallon.

Date: 06/14/2015 | Nation & World


Target boosts dividend, doubles share buybacks

MINNEAPOLIS — Target Corp. is increasing its dividend by 7.7 percent and doubling its share buyback program from $5 billion to $10 billion. The quarterly dividend will rise to 56 cents per share, up from 52 cents."Given our outlook for capital expenditures and...

Date: 06/11/2015 | Business Wire


U.S. gas prices rise 4 cents a gallon; big hikes may be ending

CAMARILLO, Calif. — The average price of gasoline has increased 4 cents a gallon over the past two weeks to $2.84 a gallon.Still, that’s a tiny increase compared to the 35-cent jump recorded over the previous five weeks.

Date: 05/31/2015 | Nation & World


Amazon rolls out free same-day delivery

In another blow to bricks-and-mortar retail stores, Amazon.com is launching free same-day delivery for Prime members in 14 metropolitan areas.

Date: 05/28/2015 | Business Wire


Tiny beads a persistent threat

Most of us give little thought to what we wash down the drain each morning after scrubbing our faces and brushing our teeth, but some of it — specifically tiny bits of plastic called microbeads — hangs out in streams, lakes and seas and finds its way into the food chain.

Date: 05/28/2015 | Editorials


Gap doesn’t top profit estimates

Gap Inc. failed to top analysts' quarterly profit estimates for the first time in almost eight years, a sign its namesake brand remains mired in a slump.Earnings declined to 56 cents a share, the San Francisco company said Thursday. Though that matched analysts' predictions,...

Date: 05/23/2015 | Business Wire


Smartphone, TV sales propel Best Buy profit

MINNEAPOLIS — Strong sales of TVs, appliances and smartphones drove Best Buy Co. to better-than-expected results in its first quarter, offsetting slower sales of computers and tablets.

Date: 05/22/2015 | Business Wire


Oso General Store in danger of closing

OSO — The owner of the Oso General Store is struggling to keep her business afloat just three months after opening.

Date: 05/20/2015 | Business Wire


Target tops Wal-Mart in race for turnaround

NEW YORK — Target is beating Wal-Mart in the race to beef up sales.

Date: 05/20/2015 | Business Wire




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