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Editorial Results (free)

1. Macy's Q4 results tops analysts' estimates, completes review -

NEW YORK (AP) — Macy's offered an upbeat outlook on Tuesday after reporting strong quarterly results that exceeded Wall Street estimates despite a slew of challenges from inflation to supply chain clogs.

2. COVID-19 variant disrupts holiday travel but not shopping -

NEWARK, N.J. (AP) — The latest COVID-19 variant is upending holiday plans for tens of thousands of travelers — but it didn't do much damage to holiday shopping.

Airlines canceled hundreds more flights Sunday, citing staffing problems tied to COVID-19, as the nation's travel woes extended beyond Christmas, with no clear indication when normal schedules would resume.

3. Macy's, Kohl's post strong results heading into holidays -

NEW YORK (AP) — Department store chains Macy's and Kohl's delivered strong results for the fiscal third quarter as shoppers go back to buying dresses and other goods that fell to the bottom of the shopping list when the pandemic struck.

4. Lordstown Motors' rough road continues; CEO, CFO are out -

The top two executives at Lordstown Motors have resigned as problems at the Ohio electric truck startup mount.

CEO Steve Burns and Chief Financial Officer Julio Rodriguez stepped down, the company said Monday, sending shares already down 40% this year tumbling more than 17%.

5. Stores expect strong sales as children return to classrooms -

NEW YORK (AP) — As more children go back to the physical classroom, families are expected to spend robustly on a wide range of items, particularly trendy clothing like cropped tops, for the critical back-to-school season, according to one key spending measure.

6. Mastercard SpendingPulse: November holiday sales up 5.1% -

NEW YORK (AP) — Retail sales rose 5.1% in November, as spending on home furnishings and consumer electronics helped offset a drop in sales of clothing and at department stores, a widely watched industry gauge shows.

7. Sizing up: As pandemic surges, so do waistlines -

NEW YORK (AP) — When Allison Weiss Brady and Michael Ladin emerged from weeks of locking down during the pandemic, they needed new clothes in new sizes — for different reasons.

Brady, 49, a charity fundraiser from a Philadelphia suburb, had been pulling back on her candy buying sprees during the lockdown and stepped up the cardio workouts at her home gym out of boredom. She lost 20 pounds and went down two sizes. In contrast, Ladin, 58, of Oak Park, Illinois, gained 10 pounds this past spring after sitting around eating chips and dip.

8. Haslam tapped for think tank post -

KNOXVILLE (AP) — Former Tennessee Republican Gov. Bill Haslam has been recommended to join a nonpartisan think tank at the Smithsonian Institution, the White House announced.

The Woodrow Wilson International Center for Scholars advises Congress and the executive branch on global issues, the Knoxville News Sentinel reported. The center was chartered in 1968 to conduct independent research and bring experts and scholars together to shape policy decisions.

9. Lord & Taylor may be put on the block soon -

NEW YORK (AP) — Lord & Taylor, one of the country's oldest department stores, may be put up for sale.

Hudson's Bay, which owns Lord & Taylor and Saks Fifth Avenue, said Monday that it hired a financial adviser to review Lord & Taylor's business and that the process may lead to a sale or merger.

10. A strong economy translates into big holiday sales -

NEW YORK (AP) — Americans buoyed by a strong economy pushed holiday sales growth to a six-year high.

Retail sales rose 5.1 percent between Nov. 1 and Dec. 24 from a year ago, according to Mastercard SpendingPulse, which tracked spending online and in stores across all payment types, including those who paid by cash or check. Total sales topped $850 billion this year, Mastercard said.

11. Lord & Taylor to close storied flagship on Fifth Avenue -

NEW YORK (AP) — Lord & Taylor is abandoning plans to keep a store in the Fifth Avenue flagship it is selling, as the chain's owner closes more stores and focuses on online sales.

The announcement Tuesday comes about seven months after the company said it would sell the century-old building to office space sharing company WeWork. Hudson's Bay Co. said then it would keep less than a quarter of the 11-story building for a Lord & Taylor store.

12. Middle Tennessee's $1M-plus residential transactions for 2017 -

There were 735 homes selling for $1 million or more in Davidson, Williamson, Rutherford, Sumner and Wilson counties in 2017, according to Chandler Reports.

Davidson County had the most with 386, followed by Williamson (316), Sumner (21), Wilson (10) and Rutherford (2).

13. Top Middle Tennessee residential sales for November 2017 -

Top residential real estate sales, November 2017, for Davidson, Williamson, Rutherford, Wilson and Sumner counties, as compiled by Chandler Reports.

14. Holiday shopping: Desire for deals, but some impulse buying -

NEW YORK (AP) — As shoppers have bought TVs and toys so far this holiday season, they've shown a desire for deals but also an inclination for some impulse spending, retail experts say.

Shoppers were on track to spend more compared to last year. The National Retail Federation trade group called spending so far "robust," and reiterated its forecast that holiday sales will rise by up to 4 percent.

15. Retail group: Sales to grow 3.7 percent to 4.2 percent -

NEW YORK (AP) — Despite a bumpy holiday season, chains like The Limited shutting down and department stores such as Macy's closing stores, the largest retail trade group says it's still optimistic that sales will grow this year — especially online.

16. Banks lead stock surge as investors hope for regulation cuts -

NEW YORK (AP) — Banks and other financial companies made big gains Friday after President Donald Trump moved to scale back regulations on the financial industry. Other stocks also rose as investors were also pleased that employers hired workers at a faster pace in January.

17. Haslam's trustee appointments -

Gov. Bill Haslam's appointments to boards of trustees for Tennessee State University, Middle Tennessee State University, Tennessee Tech, Austin Peay, University of Memphis and East Tennessee State:

18. Wal-Mart buying online retailer newcomer Jet.com -

NEW YORK (AP) — Wal-Mart is buying fast-growing online retailer Jet.com for $3 billion in cash plus $300 million in stock, scooping up a newcomer that launched a year ago with the intention of challenging online leader Amazon.

19. Kasich makes fundraising stops in Tennessee -

NASHVILLE (AP) - Republican presidential candidate John Kasich said Tuesday that his visit to Tennessee is aimed at avoiding having to scramble for support in the state's March 1 primary if he emerges as a strong contender from the earliest contests.

20. Belmont’s Littlejohn named Professor of the Year -

Belmont’s Ronnie Littlejohn, professor of philosophy and director of the University’s Asian Studies program, has been named as the 2015 Tennessee Professor of the Year, an award selection determined by The Carnegie Foundation for the Advancement of Teaching and the Council for Advancement and Support of Education (CASE).

21. Owners of Neiman Marcus sell chain for $6 billion -

NEW YORK (AP) — Luxury merchant Neiman Marcus is getting a new owner.

Ares Management and Canadian Pension Plan Investment Board announced Monday they are buying the luxury chain Neiman Marcus for $6 billion. The two new owners will hold an equal economic interest in Neiman Marcus, and the company's management will retain a minority stake.

22. Tiffany 2Q profit rises, helped by China growth -

NEW YORK (AP) — Tiffany & Co.'s fiscal second-quarter net income climbed a stronger than expected 16 percent, driven by strong sales in China. The high-end jewelry company also boosted its full-year earnings forecast.

23. Why the stock market is having a chilly August -

NEW YORK (AP) — It's been a chilly August for the stock market.

At the start of the month, the Dow Jones industrial average and Standard & Poor's 500 index hit all-time highs. Now the market is down 4 percent from its peak, and August is on track to be the Dow's worst month since May 2012.

24. Stocks drop for fourth day in a row -

NEW YORK (AP) — U.S. stocks dropped for a fourth day in a row Monday as investors continued to express worry about the recent rise in bond yields. Banking stocks also dragged down the broader market.

25. Hudson's Bay buying Saks for about $2.4 billion -

NEW YORK (AP) — Don't let the global economy fool you: Luxury is hardly dead.

Saks Inc. agreed to sell itself to Hudson's Bay Co., the Canadian parent of upscale retailer Lord & Taylor, for about $2.4 billion in a deal that will bring luxury to more North American locales.

26. Stocks decline as a busy week for markets begins -

NEW YORK (AP) — Three days before the end of the month, a blistering rally in stocks appears to be fading.

The stock market edged lower Monday as investors waited for a series of big economic reports due out this week. A string of big-name merger deals wasn't enough to push indexes higher.

27. Gov. Haslam struggles to meet Pilot recusal pledge -

NASHVILLE (AP) — Tennessee Gov. Bill Haslam has struggled almost from the start of his administration to fulfill a campaign pledge to avoid handling matters relating to Pilot Flying J, the family-owned truck stop chain run by his brother, Cleveland Browns owner Jimmy Haslam.

28. Stocks fall on news Fed weighed cutting stimulus -

NEW YORK (AP) — Stocks fell in afternoon trading Wednesday on news that several Federal Reserve policymakers in a meeting earlier this month favored cutting back on stimulus programs as early as June if the economy continued to improve.

The release of minutes of the April 30-May 1 meeting reversed a surge earlier in the day on hopes that the Fed was a long way from stopping its stimulus efforts.

29. Gov. Haslam's former boss to oversee Pilot probe -

NASHVILLE (AP) — Brad Martin, the newly appointed interim president of the University of Memphis who once hired Gov. Bill Haslam as an executive at Saks Inc., was named Wednesday by Pilot Flying J to oversee an internal investigation into FBI allegations of fraudulent business practices involving rebates to trucking customers.

30. Discounts abound as stores try to salvage season -

NEW YORK (AP) — When it comes to fat holiday discounts, better late than never.

This holiday shopping season, many stores haven't been offering the same blockbuster deals as they have in years past. Instead, they've dangled offers of free shipping and no-fee layaways to lure shoppers.

31. Stocks end lower after a strong week -

NEW YORK (AP) — Wall Street came back to work after the Thanksgiving weekend and faced leftover worries about the "fiscal cliff" and the European debt crisis. Stocks retreated after one of their best weeks of the year.

32. Storm's cost may hit $50B; rebuilding to ease blow -

WASHINGTON (AP) — Superstorm Sandy will end up causing about $20 billion in property damages and $10 billion to $30 billion more in lost business, according to IHS Global Insight, a forecasting firm.

33. The noisiest shareholder activist takes a break -

Evelyn Y. Davis is the world's most famous shareholder activist. She's also the most outspoken, the most outrageous, the most intelligent, the most confident, the most charming.

Just ask her.

34. After weak June, retailers to sweat out summer -

NEW YORK (AP) — Retailers could be sweating it out this summer.

Shoppers, worried about jobs and the economy, pulled back on spending in June, slowing sales for most retailers to the weakest pace since 2009. And that could leave merchants on edge, wondering if Americans will spend more when the back-to-school season starts in late July.

35. Retailers report tepid sales for June -

NEW YORK (AP) — Shoppers, worried about jobs and the overall economy, pulled back on spending in June, resulting in tepid sales results for many retailers.

The reports raise concerns about Americans' ability to spend during the back-to-school shopping season, which starts later this month.

36. Retailers report positive March sales -

NEW YORK (AP) — Retailers from discounter Target to department-store chain Macy's reported better-than-expected sales in March in the latest sign that Americans are feeling better about the economy.

37. Dow breaks 13,000 but can't hold gains -

NEW YORK (AP) — It came and went in a flash each time, a number on a board for mere seconds, but its symbolic power couldn't be dismissed.

The Dow Jones industrial average, powered higher all year by optimism that the economic recovery is finally for real, crossed 13,000 on Tuesday for the first time since May 2008.

38. Retailers deliver solid sales gains for January -

NEW YORK (AP) — Americans were shopping in January, but not every store was feeling the love.

Retailers reported mixed sales results for the month in a sign that U.S. consumers continue to be cautious about when and where they spend their money in the shaky economy

39. Holiday discounts crimp retailers' profits -

NEW YORK (AP) — The 2011 holiday shopping season will go down in the record books as the year the Grinch stole stores' profits.

Many retailers sacrificed their bottom lines by pushing heavy discounts to shoppers bent on getting a good deal in a challenging economy. That created a sharp divide between stores that won the battle for wallets, and those that didn't.

40. Holiday discounts crimp retailers' profits -

NEW YORK (AP) — Many retailers delivered solid sales gains for December, but heavy discounts needed to get shoppers to buy exacted a high price, clouding the holiday shopping season.

Merchants had to mark down coats and other gifts to get shoppers to buy in a challenging economy. A mild start to winter also didn't help, wilting shoppers' appetite for cold-weather merchandise. That resulted in a string of retailers reducing their earnings outlooks.

41. Retailers report solid finale to holidays -

NEW YORK (AP) — Many retailers are reporting solid sales gains for December, capping a decent holiday season, but shoppers bent on discounts exacted a high price.

Merchants had to mark down coats and other gifts to get shoppers to buy in a challenging economy. A mild winter also didn't help, wilting shoppers' appetite for cold-weather merchandise. That resulted in a string of retailers, including Target Corp., Kohl's Corp., J.C. Penney Co. and The Children's Place Retail Stores Inc., reducing their earnings outlooks.

42. AP Interview: Haslam reflects on 1st year -

NASHVILLE (AP) - Gov. Bill Haslam took on teachers and lawyers to win battles to toughen tenure and cap lawsuit damages since his January inauguration, but he didn't have as much success uprooting Occupy protesters.

43. Retailers report solid gains for September -

NEW YORK (AP) — September offered the latest sign that Americans will shop, but only when they think they're getting a deal.

The International Council of Shopping Centers said Thursday that revenue rose 5.5 percent in September, with several retailers including Target, Limited Brands and Kohl's posting strong gains as consumers snagged discounted merchandise.

44. Retailers report solid gains for September -

NEW YORK (AP) — September offered the latest sign that Americans will shop, but only when they think they're getting a deal.

The International Council of Shopping Centers said Thursday that revenue rose 5.5 percent in September, with several retailers including Target, Limited Brands and Kohl's posting strong gains as consumers snagged discounted merchandise.

45. In the US, two housing markets and two directions -

In America, it's starting to feel as if there are two housing markets. One for the rich and one for everyone else.

Consider foreclosure-ravaged Detroit. In the historic Green Acres district, a haven for hipsters, a pristine, three-bedroom brick Tudor recently sold for $6,000 — about what a buyer would have paid during the Great Depression.

46. Economy shows signs of moving past August shocks -

WASHINGTON (AP) — U.S. consumers and businesses are not so worried that the economy is about to tumble into a recession after all.

Manufacturing grew a little slower in August than the previous month, but it didn't contract as some had feared. Shoppers spent more at retail stores during the crucial back-to-school season. And fewer people applied for unemployment benefits last week, a sign that layoffs have slowed.

47. Retail sales rose 0.5 percent in July -

WASHINGTON (AP) — Consumers spent more on autos, furniture, clothing and gas in July, pushing up retail sales by the largest amount in four months. The gain signaled that Americans are a little more confident in the economy and could helped dispel fears that the country is headed for another recession.

48. Retailers report solid sales gains for July -

NEW YORK (AP) — The back-to-school season got off to a strong start as discounts and high temperatures in July drove shoppers to air-conditioned malls. But merchants worry that momentum won't continue through the remainder of the second-biggest shopping period of the year as the weather gets cold and the deals dry up.

49. Retailers report solid sales gains for July -

NEW YORK (AP) — Many retailers posted solid sales during the kickoff to the back-to-school season as deep discounts and sweltering heat in July drove shoppers to air conditioned malls. But merchants worry that momentum won't continue throughout the remainder of the second-biggest shopping period of the year.

50. US retailers post strong June sales -

NEW YORK (AP) — American consumers who were enticed by warmer weather and deep discounts of up to 80 percent on summer merchandise went on a buying binge in June, helping many retailers deliver the most robust revenue gains for that month since 1999.

51. Opry Mills’ decision to rebuild seen as good sign for retail -

When the May 2010 floodwaters receded, Nashville set about rebuilding downtown landmarks and emptying sodden basements. But out on Briley Parkway, Opry Mills just dried out and sat vacant.

A post-flood lawsuit between Simon Property Group, which owns a majority stake in the joint venture entity that owns the mall, and its property insurers and broker left the property in limbo. For its part, Simon held that the $50 million payout it received was $150 million shy of what it was rightfully owed, and once it got that cash it would begin to rebuild the property.

52. Shopper spending surprisingly strong in March -

NEW YORK (AP) — Shoppers shrugged off higher gas prices and cool temperatures to give retailers a surprisingly solid March.

Revenue reports Thursday from retailers from Costco to Victoria's Secret extend the streak of strong spending from late last year and suggest that an improving economy and recent job growth are outweighing pressure from higher pump prices.

53. Retailers report solid gains in February -

NEW YORK (AP) — Shoppers braved February's chill to hand retailers surprisingly strong sales gains, extending the momentum from a strong holiday season and providing evidence of a strengthening economic recovery.

54. Shoppers shook off snow, retailers gained in January -

NEW YORK (AP) — Retailers reported surprisingly solid January revenue gains Thursday that swept away fears that snowstorms in much of the country had chilled sales.

The reports, which are being compared with a respectable January 2010, offer encouraging signs that consumer spending is maintaining the momentum of the strong holiday season.