Business

Walmart Delivers in Second Quarter

NEW YORK — Walmart raised its annual outlook after a strong second quarter for the world’s largest retailer, thanks in part to strong online grocery deliveries.

Anne D’Innocenzio | Associated Press
August 15, 2019
Government, Business

Bankruptcy Judge Gives Sears Another Chance

A bankruptcy judge on Feb. 7 approved a $5.2 billion plan by Sears’ chairman and biggest shareholder to keep the iconic business going.

Anne D’Innocenzio | Associated Press
February 8, 2019
Business, Logistics

Walmart Expands Offerings in Bid to Stay in Retail Race With Amazon

NEW YORK — Walmart may be bruised by Amazon, but it’s learning how to fight back.

Anne D’Innocenzio | Associated Press
November 16, 2018
Business

Sears Files for Chapter 11 Bankruptcy Amid Plunging Sales, Massive Debt

NEW YORK — Sears filed for Chapter 11 bankruptcy protection Oct. 15, buckling under its massive debt load and staggering losses. The question now is whether a smaller version of the company that once towered over the American retail landscape can remain viable or whether the iconic brand will be forced out of business

Anne D’Innocenzio | Associated Press
October 15, 2018
Business

Four Reasons Why Shoppers Are in the Mood to Spend

NEW YORK — The store isn’t dead for Home Depot, Kohl’s, Best Buy or Target. Many traditional chains have posted strong sales, both online and at stores, as people are in a mood to spend.

Anne D’Innocenzio | Associated Press
August 29, 2018