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FILE - Shoppers walk through Macy's on Nov. 26, 2021, in New York. Americans slowed their spending from November to December as a trifecta of product shortages, surging prices and a surge of the highly contagious omicron curtailed spending. Retail sales fell 1.9% in December compared with the previous month when sales increased 0.3%, the U.S. Commerce Department said Friday, Jan. 14, 2022. (AP Photo/Brittainy Newman, File)
Jan 14, 2022

December retail sales slip after a record holiday shopping season

After spending robustly early in the holiday season, consumers sharply slowed their purchases from November to December.

Dec 14, 2021

Wholesale inflation jumps record 9.6% over past 12 months

Prices at the wholesale level surged by a record 9.6% in November from a year earlier.

Gift cards for food and beverage businesses sit on display for sale at a retail store in Dallas on Nov. 16, 2021. The holidays have always been defined by disappointing out-of-stock messages on the most popular items. Many shoppers will turn more to gift cards if they don't like what they see. (AP Photo/LM Otero)
Dec 2, 2021

Holiday shoppers navigate shortages with mixed results

The pandemic-induced supply chain snarls have created unprecedented shortages across all types of products this holiday season.

Nov 22, 2021

Target to keep stores closed on Thanksgiving for good

Target will not open its stores on Thanksgiving, making permanent a shift to the unofficial start of the holiday season that was suspended in the pandemic.

Nov 18, 2021

CVS Health to close hundreds of drugstores over next 3 years

CVS Health will close hundreds of drugstores over the next three years.

Ginger Pigg in her gift boutique The Perfect Pigg in Cumming, Georgia on Oct. 22, 2021. She says she is struggling to get products to her store in a timely way. The boxes in the foreground are shopping bags that took 14 weeks to arrive when they normally would have arrived in 4 weeks. (AP Photo/Ben Gray)
Oct 27, 2021

‘Buy it when you see it’: Retailers dread holiday shortages amid supply bottlenecks

Because of bottlenecks in the global supply chain, many stores are scrambling to try to get all the inventory they can ahead of the crucial holiday shopping season.

In this July 21, 2021, photo, a consumer shops as she wears a mask at a retail store in Morton Grove, Illinois. (AP Photo/Nam Y. Huh)
Sep 28, 2021

Consumer confidence slides for third consecutive month

U.S. consumer confidence declined for the third straight month in September as the delta variant of the coronavirus extends the life of the pandemic.

Aug 24, 2021

Walmart to launch delivery service for other businesses

Walmart says it will start commercializing its delivery service, using contract workers, autonomous vehicles and even drones to deliver other retailers' products.

Jul 28, 2021

New CDC guidelines set off rush to reimpose mask mandates

States and businesses scrambled to change course after the federal government issued new guidance calling for the return of mask wearing in COVID hot spots.

Jul 27, 2021

CDC reverses course on indoor masks in some parts of US

The Centers for Disease Control and Prevention reversed course Tuesday on some masking guidelines, recommending that even vaccinated people return to wearing masks indoors in parts of the U.S. where the coronavirus is surging. Citing new information about the ability of the delta variant to spread among vaccinated people, the CDC also recommended indoor masks […]

Jun 15, 2021

Retail sales fell 1.3% in May, as chip shortage dings auto industry

Retail sales fell in May, dragged down by a decline in auto sales and a shift by Americans to spend more on vacations and other services instead of goods.

Oct 5, 2020

Pandemic pushes retailers to start holiday shopping season early

Add last-minute holiday shopping to the list of time-honored traditions being upended by the coronavirus pandemic. Retailers are kicking off the holiday season earlier than ever this year in hopes of avoiding big in-store crowds and shipping bottlenecks in November and December. Stores like Best Buy, Macy’s, and Target typically offer their biggest Black Friday […]

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