Stories by Anne D'Innocenzio

Wednesday, Aug 17, 2016

Target cuts outlook after quarterly sales fall

NEW YORK - Target cut its profit forecast and a key sales outlook Wednesday as it saw fewer customers in its stores and acknowledged it didn't push the second part of its "Expect More, Pay Less" ...
By Anne D'Innocenzio

Sunday, Aug 14, 2016

Deep-fried Twinkies heading to freezers

NEW YORK - The deep-fried Twinkie is jumping from the state fair to the home freezer. Hostess Brands, the maker of lunchbox treats like Ho Hos, is launching packaged "Deep Fried Twinkies" starting ...
By Anne D'Innocenzio

Saturday, Aug 13, 2016

Department stores seek to recapture appeal

NEW YORK - Depar­tment stores trying to recapture their appeal to consumers are making plans to provide more experiences like spas and restaurants, and offer exclusive selections to transform ...
By Anne D'Innocenzio

Thursday, Aug 11, 2016

Macy's to close 100 stores

Macy's plans to close about 100 stores next year and boost its online investments, the nation's largest department store chain said Thursday, as it tries to become more nimble in an increasingly ...
By Anne D'Innocenzio

Tuesday, Aug 9, 2016

Wal-Mart buying retailer in $3.3 billion deal

NEW YORK - Wal-Mart is buying fast-growing online retailer for $3 billion in cash plus $300 million in stock, scooping up a company that launched a year ago with the intention of ...
By Anne D'Innocenzio

Saturday, July 30, 2016

Parents try to break gender stereotypes in kids' clothing

NEW YORK - Pink for girls. Truck motifs for boys. A growing number of parents want to get outside those parameters when it comes to dressing their kids.
By Anne D'Innocenzio

Friday, June 3, 2016

Wal-Mart shareholder meeting comes at crossroads

FAYETTEVILLE, Ark. - Wal-Mart's CEO urged employees on Friday to reimagine its future in a fast-shifting retail landscape.
By Anne D'Innocenzio

Wednesday, May 11, 2016

Macy's slashes forecasts as sales slump

NEW YORK - Macy's is acknowledging that there will be no consumer splurge anytime soon. A gloomy holiday shopping season across much of the retail spectrum has seeped into a spring funk.
By Anne D'Innocenzio

Thursday, May 5, 2016

Wal-Mart is bringing back greeters

NEW YORK — Wal-Mart is bringing back greeters to a majority of its 5,000 U.S. stores.
By Anne D'Innocenzio

Friday, Feb. 26, 2016

Shares rise on upbeat revenue outlook

NEW YORK — Beware the underdog. J.C. Penney Co. delivered strong fourth-quarter results, wrapping up a year when it stole market share from rivals.
By Anne D'Innocenzio

Thursday, Feb. 18, 2016

Wal-Mart spending on its workers, stores and online

Wal-Mart is spending billions of dollars to pay its hourly workers more and spruce up its stores and online services. But its fourth-quarter results show that it'll take time to fix its business.
By Anne D'Innocenzio

Wednesday, Jan. 20, 2016

Wal-Mart announces raises for more than 1.2 million

NEW YORK — Wal-Mart is giving raises to the vast majority of its U.S. employees as part of its previously announced investment in its workforce.
By Anne D'Innocenzio

Friday, Jan. 15, 2016

Wal-Mart to shutter more than 260 stores

The closures include 154 stores in the U.S. that includes all of its locations under its smallest-format concept store called Wal-Mart Express.
By Anne D'Innocenzio

Thursday, Jan. 7, 2016

JC Penney emerges stronger from holiday

J.C. Penney reported a 3.9 percent increase in comparable-store sales during the holiday, while Macy's and Gap saw declines.
By Anne D'Innocenzio

Thursday, Dec. 31, 2015

Target's turnaround efforts are winning shoppers back

NEW YORK — Target’s efforts to draw shoppers back into its stores are paying off. Annabel Bernardo, who cut back after she felt it lost its fashion edge. Now, Bernardo, is back.
By Anne D'Innocenzio

Thursday, Dec. 10, 2015

Wal-Mart launches mobile payment system

Wal-Mart Stores said it's launching its own mobile payment system that will allow shoppers to pay with any major credit or debit card or its own store gift card through its existing smartphone app ...
By Anne D'Innocenzio

Thursday, Nov. 26, 2015

Expect to see cheaper sweaters, pricier toys this holiday season

Lack of must-have items, big discounts on winter clothes and pricey toys define the holidays.
By Anne D'Innocenzio

Sunday, Oct. 18, 2015

Stores work to speed up deliveries to shoppers

BETHELEHEM, Pa. - Christmas won't come early this year, but the gifts might.
By Anne D'Innocenzio

Friday, Oct. 16, 2015

Walmart, others respond to online shoppers' demands for speedy delivery

BETHELEHEM, Pa. - Just in time for the holiday shopping season, Amazon, Wal-Mart, Macy’s and other retailers are working behind the scenes to make sure they can deliver online orders to ...
By Anne D'Innocenzio

Thursday, Oct. 8, 2015

Holiday sales seen rising 3.7 percent

Americans are expected to spend at a slower pace than last year during the crucial winter holidays, weighed down by sluggish wage growth and other factors, according to the nation's largest retail ...
By Anne D'Innocenzio
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19 plead innocent in Irish Traveler case
COLUMBIA -- Nineteen of 22 people indicted in the federal case involving Irish Travelers and Murphy Village entered not guilty pleas Tuesday and received $25,000 unsecured bonds.