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Walgreens Boots Alliance shares fell to a new low after the pharmacy chain abandoned its 2020 financial targets, saying the viral pandemic made it impossible to forecast results. The Deerfield, Illinois-based chain of nearly 19,000 stores in 25 countries said that before the COVID-19 disease…

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Department stores have enough cash to last as much as eight months while their doors remain temporarily closed, according to one analysis. J.C. Penney and Nordstrom are better positioned during the coronavirus crisis because they have enough cash to go that long, but Kohl’s and Macy’s could …

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NEW YORK (AP) — Some Instacart and Amazon warehouse workers walked off the job Monday demanding greater safeguards against the coronavirus, even as both companies are speed-hiring hundreds of thousands of new workers to handle a surge in delivery orders.

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NEW YORK (AP) — Macy's says it will temporarily stop paying tens of thousands of employees who were thrown out of work when the chain closed its stores in response to collapsing sales during the pandemic.

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The spreading coronavirus has put many people out of work. But some companies are still hiring. Most are retailers like Walmart and Amazon, which are staying open so people can buy groceries or order cleaning supplies. Others are fast food restaurants seeing a spike in demand. The jobs come …

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QUINCY, Mass. (AP) — Grocery stores across the U.S. are installing protective plastic shields at checkouts to help keep cashiers and shoppers from infecting one another with the coronavirus.

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The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed as it continues to spread across the world. Here is a look at some of the latest developments Wednesday related to the global economy, particular economic sectors, and the workplace:

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With outbreak-related layoffs expected to surge, at least two major retailers are hiring in a big way. Walmart, the nation's largest retailer, said late Thursday that it plans to hire 150,000 U.S. hourly workers for its stores and distribution centers through the end of May as online orders …

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Less than three months ago came the first reports of cases of pneumonia related to a virus first detected in Wuhan, China. The outbreak of the virus that causes COVID-19 has caused unprecedented disruptions that have brought an unparalleled shock to the global economy.

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WASHINGTON (AP) — President Donald Trump on Sunday called on Americans to cease hoarding groceries and other supplies, while one of the nation's most senior public health officials called on the nation to act with more urgency to safeguard their health as the coronavirus outbreak continued t…

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NEW YORK (AP) — Guests are jittery, travel is tangled, and soon-to-be brides and grooms are facing tough choices because of the coronavirus outbreak: postpone, cancel or forge ahead with their weddings?

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The virus outbreak has proved to be a boon for sales of medical masks and hand sanitizer, but has also sharply driven up prices. Store shelves at pharmacies and general retailers like Costco and Walmart are being emptied of the products as the virus continues its spread and drives more peopl…

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Build-A-Bear Workshop saw its shares drop to a new low for the year after it said the spreading COVID-19 disease meant it could not provide financial guidance for the current fiscal year. The St. Louis-based company operates over 500 stores across the U.S. and internationally where children …

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U.S. shoppers may find barer shelves during back-to-school shopping because of the coronavirus outbreak. Chinese factories are a key supplier for U.S. retailers, and many shut down because of the virus. They’re slowly ramping up again now, but there may still be production delays, Cowen &…

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Target offered a solid annual profit outlook on Tuesday, saying that it hasn’t seen anything related to the spreading new virus so far that would affect its financial targets. The Minneapolis retailer’s outlook came alongside strong fourth-quarter profits, though sales were held back by weak…

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Shares of online furniture retailer Wayfair Inc. plunged on Friday after the company reported a bigger than expected loss. Investors are questioning how Wayfair, which has yet to have a profitable quarter, will ever make money. Wayfair reported a loss of $330.2 million in the fourth quarter,…

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LOS ANGELES (AP) — Joe Coulombe envisioned a new generation of young grocery shoppers emerging in the 1960s, one that wanted healthy, tasty, high-quality food they couldn't find in most supermarkets and couldn't afford to buy in the few high-end gourmet outlets.

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NEW YORK (AP) — J.C. Penney Co. dumped more bad news on investors Thursday, estimating that sales for the current year at established stores would be down more than Wall Street expected.

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NEW YORK (AP) — The nation's largest retail trade group forecasts that retail sales should grow between 3.5% and 4.1% to more than $3.9 trillion this year despite uncertainty from the lingering trade war, the new virus and the presidential election.

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NEW YORK (AP) — Lowe's Cos. delivered weaker-than-expected sales for its fiscal fourth quarter and offered an annual forecast that came below Wall Street expectations.

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Sprouts Farmers Market’s shares surged Friday for one of the biggest gains in company history after the natural food store chain handily beat Wall Street’s fourth-quarter profit and revenue forecasts. Sprouts also gave investors a surprisingly strong 2020 forecast. The Phoenix-based chain ra…

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Amazon’s smart speakers, with its Alexa voice assistant built in, were still on top during the during the holiday season. But smart speakers made by Chinese tech companies are growing at a faster pace. Amazon sold 15.8 million smart speakers in the last three months of 2019, up 16% from the …

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Blue Apron shares sank Wednesday after the meal kit maker said it would shutter a facility and is considering a range of strategic alternatives, including a possible sale of its business. The struggling company has faced tough competition from online rivals and grocers alike. Blue Apron said…

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NEW YORK (AP) — Victoria's Secret, which once defined sexy with its leggy supermodels prancing around in their bras and oversized angel wings, is being sold as women increasingly look for styles that more realistically fit their body types.