Passers-by in Pittsburgh, Pennsylvania, walk in front of an American Apparel store. The company filed for bankruptcy protection in 2014, one of eight retail bankruptcies that occurred that year — a number that was reached just six months into 2015.  (Keith Srakocic/AP)
Passers-by in Pittsburgh, Pennsylvania, walk in front of an American Apparel store. The company filed for bankruptcy protection in 2014, one of eight retail bankruptcies that occurred that year -- a number that was reached just six months into 2015. (Keith Srakocic / The Associated Press)

Seismic retail changes shorten the life cycle of many fashion brands

The web has been a double-edged sword for fashion brands — both a way to reach a worldwide audience for their wares, and a giant emporium where shoppers can click to a rival site in seconds.

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US gas prices down a penny over 2 weeks, to $2.34 a gallon

CAMARILLO, Calif. (AP) — The average price of a gallon of regular-grade gasoline dipped about a penny nationally during the past two weeks, to $2.34. Industry analyst Trilby Lundberg said Sunday that the price drop comes as crude oil prices also slipped during the same period. Gas in San Francisco was the highest in the...