Tag: Retail and wholesale sector performance
Missouri set to require online stores to collect taxes
JEFFERSON CITY, Mo. — Missouri is set to become the last state to require out-of-state online stores to collect sales taxes on residents' purchases...
Farmers file antitrust lawsuit against big ag companies
BOISE, Idaho — A group of farmers has filed an antitrust case against several big agricultural companies, contending the companies worked together to ban...
South Africa bans liquor sales over Easter to prevent surge
JOHANNESBURG — South Africa will restrict the sale of alcohol and limit the size of religious and social gatherings over Easter to prevent the...
February retail sales fall 3% after soaring the month before
NEW YORK — Americans spent less last month, partly due to bad weather in parts of the country that kept shoppers away from stores....
Coupang, the Amazon of South Korea, makes its debut on NYSE
The biggest IPO in years is rolling out Thursday on the New York Stock Exchange where Coupang, the South Korean equivalent of Amazon in...
Oh, what a birthday week for Dr. Seuss books
NEW YORK — Oh, the books that sold last week by Dr. Seuss.
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From job cuts to online commerce, virus reshaped US economy
WASHINGTON — At first, it was expected to be brief. At least that was the hope.
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Luxury seller Saks to spinoff website into separate company
NEW YORK — Saks Fifth Avenue is spinning off its website into a separate company, with the hopes of expanding that business at a...
Online sales soar in 4th quarter for retailer Ahold Delhaize
THE HAGUE, Netherlands — Online sales at retailer Ahold Delhaize soared nearly 72% in the final quarter of 2020, the company said Wednesday, as...
Online grocery shopping drives up sales at Ocado
LONDON — Ocado, one of the biggest internet-only grocery retailers, said Tuesday that sales rose 35% during the last fiscal year as the COVID-19...