The Los Angeles Post
U.S. World Business Lifestyle
Today: March 13, 2025
Today: March 13, 2025
ANNE D’INNOCENZIO

ANNE D’INNOCENZIO

Staff Writer

Latest From ANNE D’INNOCENZIO

Business|News

Five Below's CEO and president steps down amid weak sales

Five Below says its CEO and President Joel Anderson has stepped down amid languishing sales at the discount retailer catering to teens

Business|Technology

Small businesses grapple with global tech outages created by CrowdStrike

Businesses from airlines to hospitals have been grappling with faulty software update that caused technological havoc worldwide on Friday

Business|Education|Fashion and Beauty|Lifestyle|Technology|US

Stores lure back-to-school shoppers with deals and 'buy now, pay later' plans

Mass market retailers in the U.S. are plying shoppers with offers for computers, clothes and other back-to-school essentials at affordable prices

Stores lure back-to-school shoppers with deals and 'buy now, pay later' plans
Business|Economy|Finance|News|US

Walmart grows more optimistic about 2024 as bargains prove a powerful lure for the inflation weary

Walmart had another quarter of strong sales that topped almost all expectations with its comparatively low prices proving a powerful draw for millions who have struggled with rising costs for housing, groceries and almost everything else

Walmart grows more optimistic about 2024 as bargains prove a powerful lure for the inflation weary
Business|Economy|Finance|News|US

US shoppers sharply boosted spending at retailers in July despite higher prices

Americans stepped up spending at retailers last month by the most in a year and a half, easing concerns that the economy might be weakening under the pressure of higher prices and elevated interest rates

US shoppers sharply boosted spending at retailers in July despite higher prices
Business|Economy|Finance|Lifestyle

A tale of two retailers: Target reverses sales slump while Macy's reports another quarterly decline

Grocery aisle deals for cash-strapped customers and an emphasis on affordable but stylish clothes has helped Target reverse a year-long sales slump

A tale of two retailers: Target reverses sales slump while Macy's reports another quarterly decline
Business|Economy|Finance|News

Macy's swings to a second quarter profit, but sales surprisingly weak as customers grow cautious

Macy’s swung back to a profit in its second quarter but suffered yet another sales decline as inflationary weary shoppers rein in spending, with their focus increasingly on buying the essentials

Macy's swings to a second quarter profit, but sales surprisingly weak as customers grow cautious
Business|Finance|Technology|US

Best Buy reports another drop in quarterly sales amid cautious buying but business is stabilizing

Best Buy, the nation’s largest consumer electronics chain, reported another quarterly drop in sales due to Americans pulling back on purchases of appliances and consumer-electronics gadgets to focus on essentials

Best Buy reports another drop in quarterly sales amid cautious buying but business is stabilizing
Food|Lifestyle

Party of one: Restaurants are catering to a growing number of solo diners

A growing number of restaurant customers are choosing to eat alone

Party of one: Restaurants are catering to a growing number of solo diners
Business|Economy|Finance

US retail sales ticked up last month in sign of ongoing consumer resilience

Americans spent a bit more at retailers last month, providing a small boost to the economy just as the Federal Reserve considers how much to cut its key interest rate

US retail sales ticked up last month in sign of ongoing consumer resilience
News|US|World

Biden administration seeks to ban Chinese, Russian tech in US autonomous vehicles

The U.S. Commerce Department is seeking a ban on the sale of connected and autonomous vehicles in the U.S. that are equipped with Chinese and Russian software and hardware with the stated goal of protecting national security and U.S. drivers

Biden administration seeks to ban Chinese, Russian tech in US autonomous vehicles
Business|Economy|News|US

Kmart's blue light fades to black with the shuttering of its last full-scale US store

Attention, Kmart shoppers, the end is near

Kmart's blue light fades to black with the shuttering of its last full-scale US store
Business|Economy|News|US

The US could see shortages and higher retail prices if a dockworkers strike drags on

U.S. ports from Maine to Texas are closed due to a strike by the union representing about 45,000 dockworkers

The US could see shortages and higher retail prices if a dockworkers strike drags on
Business|Finance|Stock Markets

Nike's quarterly sales and profits slump as it faces shoppers' sluggish demand for its products

Nike has reported a slump in sales and profits for its fiscal first quarter as the sportswear giant wrestles with shoppers’ sluggish demand for new sneaker models

Nike's quarterly sales and profits slump as it faces shoppers' sluggish demand for its products
Business|Economy|News|US

The US could have seen shortages and higher retail prices if a dockworkers strike had dragged on

The union representing striking U.S. dockworkers has reached a deal to suspend the strike until Jan. 15 to provide time to negotiate a new contract

The US could have seen shortages and higher retail prices if a dockworkers strike had dragged on
Business|Economy|Finance|US

US retail trade group expects holiday season sales to grow more slowly

The largest retail trade group in the United States says it expects consumers to spend more during the upcoming holiday season but the growth in sales to be slower than last year due to concerns over persistent inflation and prices

US retail trade group expects holiday season sales to grow more slowly
Business|Economy|Finance|Stock Markets|US

US shoppers spent more at retailers last month in latest sign consumers are driving growth

Americans stepped up their purchases at retailers last month as low unemployment, steady pay gains and rising stock and home values helped sustain their willingness to spend despite higher prices

US shoppers spent more at retailers last month in latest sign consumers are driving growth
Business|Crime|Finance|Health|Stock Markets|US

Walmart reaches settlement deal for shareholder lawsuits over its handling of opioids

Walmart says it has reached a proposed settlement pact related to three lawsuits filed by shareholders on behalf of the company over the handling of prescription opioids

Walmart reaches settlement deal for shareholder lawsuits over its handling of opioids
Business|Food|Lifestyle|Travel|US

Will US convenience stores find the secret to selling better food?

Americans who think of petrified hot dogs, frozen burritos and salty snacks when they imagine getting food at a gas station or truck stop may be pleasantly surprised during their next road trip: U.S. convenience stores are offering them more and better — though not necessarily healthier — choices

Will US convenience stores find the secret to selling better food?
Business|Fashion and Beauty|Finance|US

Merger of handbag makers Tapestry, Capri halted as judge sides with FTC in antitrust case

A U.S. District judge has halted the merger between makers of Coach and Michael Kors handbags, saying it would reduce competition and hurt consumers

Business|Technology|Travel|US

American Airlines tests boarding technology that audibly shames line cutters

American Airlines is testing a new technology at three airports across the country during the boarding process that aims to cut down on passengers who try to jump the line

American Airlines tests boarding technology that audibly shames line cutters
Business|Finance|US

Tapestry, Capri file notice to appeal court decision blocking their $8.5 billion merger

Tapestry and Capri Holdings have filed their notice to jointly appeal the decision by a U.S. District judge to temporarily halt the merger between the makers of Coach and Michael Kors handbags, according to a court filing Monday

Tapestry, Capri file notice to appeal court decision blocking their $8.5 billion merger
Arts|Business|Entertainment|Lifestyle|Technology

A TV as big as a bed? With the holidays approaching, stores stock more supersize sets

For some television viewers, size apparently does matter

A TV as big as a bed? With the holidays approaching, stores stock more supersize sets
Business|Lifestyle|US

Bernie Marcus, The Home Depot co-founder and billionaire philanthropist, dies at 95

Bernard “Bernie” Marcus, the co-founder of The Home Depot, a billionaire philanthropist, and a big Republican donor, has died

Bernie Marcus, The Home Depot co-founder and billionaire philanthropist, dies at 95
Business|Economy|Finance|US

Retail sales up solidly in October as Americans showed continued willingness to spend

Americans stepped up their spending at retailers last month in the latest sign that healthy consumer spending is driving the economy’s steady growth

Retail sales up solidly in October as Americans showed continued willingness to spend

Follow