Retail and wholesale sector performance

FILE - In this file photo dated Tuesday July 17, 2007, the sign of an Asda store in Wallington, England. It is reported Monday April 30, 2018, Sainsbury's has agreed a merger deal with Walmart Inc.'s U.K. unit, Asda, for 7.3 billion pounds (dollars 10.1 billion U.S.) in cash and stock in a deal that would create Britain's largest supermarket chain, but the deal will be subject to review by Britain's Competition and Markets Authority. (AP Photo/Tom Hevezi, FILE)
April 30, 2018 - 1:09 pm
LONDON (AP) — Walmart is selling its British unit, Asda, to local rival Sainsbury's for 7.3 billion pounds ($10.1 billion), a deal that lets the world's largest retailer focus on online sales in countries where it has stronger growth prospects and faces less-intense competition. The cash and stock...
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FILE - In this file photo dated Tuesday July 17, 2007, the sign of an Asda store in Wallington, England. It is reported Monday April 30, 2018, Sainsbury's has agreed a merger deal with Walmart Inc.'s U.K. unit, Asda, for 7.3 billion pounds (dollars 10.1 billion U.S.) in cash and stock in a deal that would create Britain's largest supermarket chain, but the deal will be subject to review by Britain's Competition and Markets Authority. (AP Photo/Tom Hevezi, FILE)
April 30, 2018 - 10:22 am
LONDON (AP) — Walmart has agreed to sell its British unit, Asda, to local rival Sainsbury's in a 7.3 billion pound ($10.1 billion) deal as the U.S. giant focuses on online sales in countries with higher growth and less intense competition. The cash and stock deal will also reshape Britain's...
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HOLD FOR RELEASE SUNDAY APRIL 22 1 a.m. ; Illustration shows a Tmall and a JD.com hand wrestling for control over online Chinese commerce;
April 22, 2018 - 11:18 pm
SHANGHAI (AP) — It was looking like a banner year for business in China. The U.S. clothing company was expecting a 20 percent jump in online sales on Alibaba's Tmall, thanks to the e-commerce giant's massive reach. But executives soon learned that what Alibaba gives, it can also take away. The...
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South Dakota Attorney General Marty Jackley speaks outside the Supreme Court after the court hears oral arguments on a case involving a rule stemming from two, decades-old Supreme Court cases on state's sales tax collection, Tuesday, April 17, 2018, in Washington. South Dakota v. Wayfair is a case arguing about whether a rule the Supreme Court announced decades ago in a case involving a catalog retailer should still apply in the age of the internet. (AP Photo/Andrew Harnik)
April 17, 2018 - 12:41 pm
WASHINGTON (AP) — The Supreme Court sounded concerned Tuesday about doing away with a rule that has meant consumers don't get charged sales tax on some online purchases. The justices heard arguments in a case that deals with businesses' collection of sales tax on online purchases. Right now, under...
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In this Monday, April 16, 2018 photo, a vendor sells vegetable along a street of Beijing, China’s economic growth held steady at 6.8 percent over a year earlier in the quarter ending in March, buoyed by retail sales and investment, data released Tuesday, April 17, 2018. (AP Photo/Ng Han Guan)
April 17, 2018 - 7:52 am
BEIJING (AP) — China's economic growth held steady in the quarter ending in March amid a worsening trade dispute with U.S. President Donald Trump, buoyed by strong e-commerce and factory output. The world's second-largest economy expanded by 6.8 percent over a year earlier, in line with the quarter...
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In this April 13, 2018, photo, packages from Internet retailers are delivered with the U.S. Mail in a apartment building mail room in Washington. Clicking "checkout" on an online purchase could cost more after a Supreme Court case being argued April 17. (AP Photo/Jessica Gresko)
April 17, 2018 - 6:34 am
WASHINGTON (AP) — The Supreme Court is hearing arguments about whether a rule it announced decades ago in a case involving a catalog retailer should still apply in the age of the internet. The case on Tuesday focuses on businesses' collection of sales tax on online purchases. Right now, under the...
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In this April 13, 2018, photo, packages from Internet retailers are delivered with the U.S. Mail in a apartment building mail room in Washington. Clicking "checkout" on an online purchase could cost more after a Supreme Court case being argued April 17. (AP Photo/Jessica Gresko)
April 17, 2018 - 1:05 am
WASHINGTON (AP) — The Supreme Court is hearing arguments about whether a rule it announced decades ago in a case involving a catalog retailer should still apply in the age of the internet. The case on Tuesday focuses on businesses' collection of sales tax on online purchases. Right now, under the...
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In this April 13, 2018, photo, packages from Internet retailers are delivered with the U.S. Mail in a apartment building mail room in Washington. Clicking "checkout" on an online purchase could cost more after a Supreme Court case being argued April 17. (AP Photo/Jessica Gresko)
April 17, 2018 - 12:38 am
WASHINGTON (AP) — The Supreme Court is hearing arguments about whether a rule it announced decades ago in a case involving a catalog retailer should still apply in the age of the internet. The case on Tuesday focuses on businesses' collection of sales tax on online purchases. Right now, under the...
Read More
In this Monday, April 16, 2018 photo, a vendor sells vegetable along a street of Beijing, China’s economic growth held steady at 6.8 percent over a year earlier in the quarter ending in March, buoyed by retail sales and investment, data released Tuesday, April 17, 2018. (AP Photo/Ng Han Guan)
April 17, 2018 - 12:02 am
BEIJING (AP) — China's economic growth held steady in the quarter ending in March amid a worsening trade dispute with U.S. President Donald Trump, buoyed by growth in e-commerce and factory output. The world's second-largest economy expanded by 6.8 percent over a year earlier, in line with the...
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FILE- In this April 4, 2018, file photo, shoppers stand outside the Bloomingdale's store on Broadway in the Soho neighborhood of New York. On Monday, April 16, the Commerce Department releases U.S. retail sales data for March. (AP Photo/Mary Altaffer, File)
April 16, 2018 - 10:03 am
WASHINGTON (AP) — U.S. consumers bounced back in March and bought more cars, furniture and appliances after three months of declining retail sales. The Commerce Department said retail sales rose 0.6 percent last month, the largest increase since November. Auto sales jumped 2 percent, the most in...
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