Sections
sales
Sales are activities related to selling or the number of goods or services sold in a given time period.
(source: en.wikipedia.org)
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629InnovationSubaru CEO Says Electric Vehicle Demand Is Lagging
Americans don’t seem to be showing much interest in electric vehicles, according to Subaru CEO Tomomi Nakamura, cited by The Wall Street...
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3.1KRetailFiserv: What The 2019 Holiday Shopping Data Says About 2020 Spend
’Tis the season for … looking back at 2019 holiday sales trends, and figuring out what they mean for payments and commerce...
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1.5KEarningsTarget Posts Surprisingly Sluggish Same-Store Sales Growth
Retailers having a less than festive holiday season saleswise has become an increasingly repetitive storyline in early 2020, as the earnings results...
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1.8KCommerceLenovo Leads PC Sales Spike With 24 Pct Market Share
The annual global sale of PCs saw its first gain since 2011, when sales went up 1.7 percent, according to the International Data...
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1.7KRetailDespite Amazon Relationship, Kohl’s Has Sour Holiday Season
The year is off to a less-than-stellar start for Kohl’s. The retail chain has yet to report its fourth-quarter or full-year 2019...
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1.6KAppleChina Sees 18 Pct. Jump In iPhone Sales
There was an 18 percent spike in iPhone sales in China in the month of December, according to a report by Reuters....
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1.4KRetailHoliday Shoppers May Have Favored Non-Mall Retailers
Department store chains in the United States might have experienced another disappointing holiday season, with the category of retailers that includes Macy’s,...
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1.7KEarningsPier 1 To Close Nearly Half Its Stores On Big Q3 Loss
Pier 1 said on Monday (Jan. 6) that it intends to close nearly half of its 942 locations, according to CNBC, fueling...
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2.5KAppleApple Shares Spike To Record High
The new year started off well for Apple, which saw its share price crossing the $300 mark for the first time on...
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1.6KNext-Gen Sales TaxDeep Dive: How Not To Lose A Bundle On Bundled Taxes
Merchants frequently package products together into eye-catching bundles, selling everything from laptops with preloaded software to charcuterie gift baskets. Bundling can give...
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1.5KRestaurant innovationNew Chipotle Stores To Feature Drive-Throughs, Walk-Up Windows
Chipotle announced on Thursday (Dec. 19) that it is testing out a different restaurant design in effort to keep its billion-dollar digital...
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2.4KEarningsFedEx Sees Shares Slide After Slashing Profit Forecasts
FedEx saw a drop in its shares during after-hours trading in New York on Tuesday (Dec. 17), with shares dipping 6.5 percent...
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2.5KRetailCostco Sees Sales Boost Amid Brick-and-Mortar Focus
Costco, the big-box membership retail store, has seen its sales continuously rise throughout the holiday season, according to a report by The...
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1.2KRetailDiscounts, Lower Same-Store Sales Hit Hudson’s Bay Results
The latest results of the department store operator Hudson’s Bay Company showed the impact of discounts at its Saks Fifth Avenue operations,...
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1.3KRetailOct. Retail Sales Drop 0.6 Pct. In Euro Zone
With the negative impact from trade, the economy of the eurozone expanded at a modest rate in Q3, as retail sales dropped...
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4.1KInternationalStarbucks Expects To See Slowing Growth In China
Starbucks has, once again, warned that its China comparable sales could rise 1 percent during the fiscal year. “We have picked up...
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1.5KRetailCyber Monday Sales Expected To Reach $9.4B
Seeking to maintain the momentum of a record $11.6 billion in online sales on Black Friday and Thanksgiving, U.S. retailers started Cyber...
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2.6KNext-Gen Sales TaxThe Economic Case For Remote Sales Tax Uniformity
Small and medium-sized businesses (SMBs) struggle to meet new remote sales tax laws that vary across 43 states — a consequence of...
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1.7KEarningsSluggish Sales Sink Macy’s Earnings
The mall has not been kind to Macy’s, or at least that was the takeaway from the retailer’s earnings report released earlier...
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1.5KRetailTarget’s Online Sales Jump 31 Pct. In The Quarter
Offering a “safe haven” of sorts after multiple retailers unsettled investors, Target Corp. increased its full-year outlook on profitability as well as strong sales....
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2.5KRetailQ3 Retail Earnings Show Mixed Bag Of Consumer Spending
Consumer spending shows mixed demand as the holiday shopping season gets underway, The Wall Street Journal (WSJ) reported on Tuesday (Nov. 19)....
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2.3KRetailLoyalty Firm Punchh Raises $40M For Brick-and-Mortar Analytics
As eCommerce rises in popularity – currently accounting for about 11 percent of retail sales, which is an increase of about 14.8...
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4.5KAmazonNike To Pull Product Listings From Amazon
Nike announced that it is parting ways with Amazon and will no longer sell its products on the eCommerce marketplace, ending a...
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1.6KeCommerceAlibaba: First Hour Of Singles’ Day Rakes In $12B
China’s Alibaba rang up over $12 billion in sales in less than 90 minutes during its Singles Day shopping bonanza, Reuters reported...
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2.5KRetailWith Fewer Shopping Days, Retailers Ramp Up Sales, Delivery
Thanksgiving lands on Nov. 28, which is six days later than last year. That means retailers have a whole week less to...
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3.1KeCommerceEastern Europe Online Retail Sales Continue Double-Digit Growth
According to the Eastern Europe B2C E-Commerce and Online Payment Market 2019 report, online retail sales in Eastern European countries continue a...
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3.1KEarningsDunkin’ Doubles Down On Digital With Rewards, Ordering
With digital initiatives in multi-tender rewards and mobile guest checkout, Dunkin’ ended the third quarter with over 12 million loyalty members contributing approximately...
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2.2KEarningsMondelēz Touts Q3 eCommerce Growth, Strives For Smaller-Portion Options
With strong eCommerce growth and improvements on its return on digital investment, Mondelēz International, Inc. posted better-than-expected third-quarter results. Chairman and Chief Executive Officer...
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3.9KVISAVisa’s Kereere: eComm Firms Say X-Border Growth Critical — But Daunting
A new study from Visa finds 87 percent of eCommerce execs see cross-border growth as critical for their top lines — but,...
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3.6KEarningsChipotle Drives Digital To Q3 Wins
Get ready for more digital drive-throughs in the world of quick-service restaurants (QSRs). That was one of the main messages on Tuesday...
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2.4KRetailMcDonald’s Misses Q3 Earnings Estimates Amid Delivery Push
As the quick-service restaurant (QSR) company aims to bring in more diners, McDonald’s is reaching for price increases and deals. It used promotions,...
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1.6KInternationalAmid China’s Slowdown, Consumers Root For The Home Team (Of Retailers)
In retail and in eCommerce, to make inroads into a new market is challenging … especially if consumers root for the home...
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2.4KeCommerceIndia’s Festive Season Fails To Revive Slowing Economy
India’s biggest festive season, which runs from the start of October until the end of November, has failed to revive the economy...
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2.6KRetailBRC Reports 1.3 Pct Drop In September UK Sales
After the British Retail Consortium (BRC) indicated the weakest growth in eCommerce and high street spending since the survey began in the...
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2.7KDeliveryDeliveroo Expansion Triggers Big Revenue Growth, Losses
Food delivery company Deliveroo saw huge revenue growth in 2018, but its losses also grew as it expanded and poured money into...
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2.1KAppleJPMC Boosts Apple Price Target On Strong iPhone 11 Demand
The iPhone 11 rolled out just over a week ago, and Apple CEO Tim Cook told the German newspaper Bild that the...
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2.8KAmazonIndia’s Festive Season Starts Strong For Flipkart, Amazon
Both Amazon and Flipkart announced record sales on the opening day of their annual festive season sales in India. The sales launched...
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2.8KAppleFew Turnout For iPhone 11 Debut In China
Shanghai and Beijing Apple stores were relatively quiet when the new iPhone 11 hit shelves on Friday (Sept. 20), Reuters reported. Previous...
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2.0KRetailAnalyst Boosts iPhone 11 Shipment Forecast
With the help of Chinese consumers, increased demand for new iPhones is coming out ahead of the expectations of one analyst. Ming-Chi...
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2.0KRetailAuto Purchases Boost Retail Sales In August
While purchases of building supplies and new vehicles gave U.S. retail sales a large boost in August, many other stores noted declining...
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4.9KSubscriptionsPeloton’s IPO To Test Subscription Model’s Fitness
Peloton is coming to market with its IPO. A look at the S-1 filing reveals an embrace of the razor/razor blade model...
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4.7KRetailForever 21 Considers Bankruptcy As Mall Sales Decline
One source has revealed that Forever 21 might be filing for bankruptcy. The retailer has been looking into ways to restructure its...
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3.5KInternationalHuawei Expects US Restrictions To Slash Smartphone Revenue By $10B
Huawei said that revenue loss from U.S. trade restrictions will hit it for about $10 billion, which is $20 billion less than...
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2.5KSizzle/FizzleKohl’s Third-Time’s-No-Charm Fizzle
Third time’s no charm. Three quarterly reports, three straight declines in quarterly sales for Kohl’s. Beyond the vagaries and volatility in stock...
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3.3KRetailThe Big Winners (And Losers) Of Retail Earnings Season
As the results from the nation’s most prominent names in retail came rolling in for Q2, one could not help but think...
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2.0KEarningsNordstrom’s Mixed Earnings Enough To Bolster Investors
While Nordstrom’s overall earnings report couldn’t quite be classified as a home run, the better-than-expected results were enough to bolster investors and...
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3.0KRetailRestaurant Industry Sales Projected To Reach $863B In 2019
As more consumers spend a larger part of their budgets on dining, U.S. Census Bureau data noted that sales at establishments for...
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3.8KEarningsAlibaba’s Core Commerce Sales Gain 44 Pct.
Alibaba posted results that topped expectations as eCommerce sales continued to surge by double-digit percentages, and the company made strides in tapping...
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3.3KRetailBoA: Amazon’s Prime Day Boosted Retail Sales In July
A new report has revealed that Amazon’s Prime Day — along with promotions by other retailers — led to a boost in...
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2.8KRetailPrime Day 2019 Was Amazon’s All-Time Biggest Shopping Event
Amazon said this year’s Prime Day was its biggest shopping day ever, even bigger than any previous Black Friday and Cyber Monday...
