ANNE D’INNOCENZIO

Retail reporter

D’Innocenzio writes about retail, trends, the consumer economy and hourly workers for The Associated Press.

Retailers coax Black Friday shoppers into stores with big discounts and giveaways

Retailers in the U.S. have used giveaways and bigger-than expected discounts to reward shoppers who ventured out on Black Friday.

Why retailers still see Black Friday as the high point of the holiday shopping season

After weeks of plugging increasingly inviting discounts, retailers in the United States and several other countries are preparing for prime time.

Best Buy posts another quarterly sales drop while Kohl’s sees slump deepen

Best Buy, the nation’s largest consumer electronics chain, reported another quarterly drop in sales as Americans continued to tighten their purse strings on appliances and gadgets to focus on essentials.

Walmart becomes latest — and biggest — company to roll back its DEI policies

Walmart, the world’s largest retailer, is rolling back its diversity, equity and inclusion policies, joining a growing list of major corporations that have done the same after coming under attack by conservative activists.

Kohl’s names Michaels CEO Ashley Buchanan to assume top job, effective Jan. 15

Department store retailer Kohl’s Inc. says Michaels CEO and retail veteran Ashley Buchanan will take over its top job, effective January 15.

A tale of two retailers: Target reports sluggish spending while Walmart has a stellar quarter

Target has reported sluggish sales and slumping profits in the fiscal third quarter as inflation-weary customers curtailed their spending on apparel and other non-essential items.

Walmart heads into official start of holiday season with strong momentum after robust 3Q results

Walmart ratcheted up sales and profits again in the third quarter with its comparatively low prices proving a powerful draw for shoppers seeking to cut spending where they could.

Grocery chains vie for a place on Thanksgiving tables with turkey dinner deals and store brands

With Thanksgiving less than two weeks away, food retailers are trying to tempt Americans who haven’t recovered from recent price inflation.

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.

Steve Madden to cut goods imported from China by up to 45% as it prepares for Trump’s tariff pledge

Shoe brand Steve Madden will be cutting the goods that it imports from China by as much as 45% next year as it prepares for the return of President-elect Donald Trump who has pledged to slap steep tariffs across the board on imports from other countries.

Home Depot’s 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. He was 95.

TV screens are getting bigger as technology improves and prices fall

For some television viewers, size apparently does matter. Forget the 65-inch TVs that were considered bigger than average just a few years ago.

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.

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.

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.

US convenience stores look abroad for the secret to decent food

By tempting customers’ palates with fresh deli sandwiches and build-your-own burgers, humble food marts want to become an alternative to fast-food restaurants for busy Americans.

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.

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 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.

Why stores are throwing out the traditional retail calendar

Inflationary-weary shoppers still may wait until the first weather snap to get a basic sweater. But when it comes to seasonal items, a growing number of consumers are increasingly wanting to jump on scents and flavors from Halloween to Christmas earlier and earlier.

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.

Walmart employees to get expanded cancer treatment options with the Mayo Clinic

Walmart’s employees and their dependents are being offered expanded cancer treatment with doctors at the Mayo Clinic through the retailer’s insurance coverage.

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.

Are digital tools a way for companies to retain hourly workers?

The COVID-19 pandemic and the resetting of the economy that followed it made hourly workers more aware of their value.

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.

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

Attention, Kmart shoppers, the end is near! The erstwhile retail giant renowned for its Blue Light Specials is shuttering its last full-scale store in mainland United States.

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.

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.

Restaurants are catering to a growing number of solo diners

A growing number of restaurant customers are choosing to eat alone. Restaurant reservation site OpenTable says solo dining reservations in the U.S. increased 29% over the last two years.

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.

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