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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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eCommerceMercadoLibre Gross Merchandise Volume Soars 73 Pct In April
Buenos Aires-based eCommerce market MercadoLibre has seen a boost thanks to the pandemic, with shares climbing above $1,000 and sales spiking, Bloomberg...
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eCommerceAlibaba And JD.com Net $136B In China’s Biggest Annual Shopping Event
China’s biggest online shopping event since COVID-19 put fear into the Asian economy netted $136.5 billion for two of the nation’s eCommerce...
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RetailRetail Sales Fell Only 5.6 Pct In May As Consumer Spending Improves
Consumer spending in the United States gradually increased last month as shoppers arose from lockdown. Mastercard figures indicated that retail sales in...
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RetailReopened Macy’s Stores Exceed Expectations, But Chain Still Expects Big 1Q Losses
Macy’s Inc. reported that its reopened stores are “performing better than anticipated” in its preliminary first-quarter 2020 financial results. The department store...
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RetailAdidas Sales Rebound In China With Return To Growth
After lockdown restrictions were removed, Adidas’ China sales have bounced back faster than anticipated, fostering hopes that the brand can start to...
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AppleJudge: Part Of Shareholder Lawsuit Against Apple Can Proceed
Apple will have to face a judge over accusations that it fraudulently concealed falling iPhone demands and lost shareholders billions of dollars,...
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RetailCampbell Soup Sales Keep Steaming Along During Pandemic
For many more Americans than usual, COVID-19 woes mean that “soup’s on!” Now, the Campbell Soup Company’s top executive predicts that his...
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RetailExpress Inc. Net Sales Drop 53 Pct Amid Pandemic
As it took “decisive actions” to maintain liquidity, Express Inc. reported “continued momentum” with its The EXPRESSway Forward long-term strategy, as a...
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EconomyPandemic Leads To Short-Term Rental Sell-Off
The coronavirus pandemic has many smaller property owners looking to unload their properties to save money, which could lead to big owners...
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RetailPapa John’s Sees Comparable N. America Sales Jump 33 Pct
As Papa John’s seeks to meet “extraordinary demand,” the quick-service restaurant (QSR) reported that May comparable sales jumped 33.5 percent in North...
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RetailBig-Box Retail CEOs Say Stimulus Checks Boosted Sales
If you want to know whether stimulus checks are working to rebuild the economy, just ask the world’s largest retailer. Walmart U.S. CEO...
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EarningsAlibaba’s GMV Tops $1T As Mobile Orders Surge
Alibaba Group Holding Co. reported results on Friday (May 22) that showed continued pivots to online commerce and mobile shopping, amid lockdowns...
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RetailRoss Stores Begins Reopening After Reporting Sales Drop
Amid the ongoing spread of the pandemic throughout the country, Ross Stores, Inc. reported total Q1 sales of $1.8 billion compared to $3.8...
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RetailRestaurant Sales Start To Rebound As Diners Return
It’s the news many have been waiting to bite into. While fast-food chains with drive-throughs were more prepared than dine-in restaurants to...
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RetailPandemic Drives Cross-Currents In Cosmetics Sales
Can’t go to the office. Can’t go out to dinner. In some places, people are still discouraged from leaving the house. And...
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RetailConsumers Still Dicey On Mall Visits
With an existential crisis in the balance, all eyes have been on mall reopenings this week and consumers’ reactions to them. So...
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WalmartWalmart Consumer Foot Traffic Rebounds After March Drop
Panic buying at supermarkets peaked in mid-March as the pandemic turned shoppers into hoarders emptying shelves of toilet paper, disinfectant wipes and...
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RetailWhy Retailers Must Focus On Data-Driven Recovery
Clean stores, check. Customer reopening communications that clearly state when and how business will be conducted, check. Now that reopening protocol has...
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RetailData Drop: eCommerce Numbers Steal Relevance
Is the retail industry looking at the wrong numbers? It could be. While last week’s 16 percent overall spending drop lit up...
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RetailSales Of Outdoor Furniture, Decor Up As US Consumers Plan Staycations
The coronavirus has made it likely that this summer will look very different from summers past, and rising sales of outdoor furniture...
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RetailRetail Sales Weaker Than Expected, Deepening Recovery Concerns
The experts were expecting a weak retail sales report when the numbers hit the wires earlier today (May 15) – but even...
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RetailRetail And Food Service Sales Plummet 16 Pct. For April
Retail sales plummeted by a record 16.4 percent in April, according to the latest U.S. Census Bureau data, as many businesses are running...
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RetailWine For The Win: Consumers Stock Up With Online Retail
Consumers may not have returned to their pre-crisis shopping behaviors, but they are setting records for drinking wine. Every online wine company...
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RetailData: Luxury Goods Sales May Drop 35 Pct This Year
Neiman Marcus’s bankruptcy filing on Thursday (May 7) may go unnoticed by many consumers. Amid lockdowns and a global economic collapse not...
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B2B PaymentsAgicap Closes Funding Round With $16M
Agicap, a French Software-as-a-Service (SaaS) startup that works with business cash flow data, announced the end of a funding round that netted...
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RetailVerizon Withdraws Revenue Outlook Amid Loss Of Sales, Subscribers
Verizon Communications Inc. said that as most of its stores shuttered following the COVID-19 lockdown, more than 500,000 retail postpaid net losses...
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GoogleGoogle Slows Hiring, Cuts Marketing Amid COVID-19
The coronavirus’ impact has not eluded Google, which announced a hiring freeze and a slashing of marketing budgets on Thursday (April 23). The...
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RetailThe Edge Desk Capitalizes On Growing Work-From-Home Market
Some products were just made for these times. Take, for example, The Edge Desk. In January of this year, it was just...
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RetailCoca-Cola Volumes Drop 25 Pct As COVID-19 Softens Demand
Amid the coronavirus pandemic, Coca-Cola said the shuttering of eateries, stadiums and cinemas has negatively impacted its business. The firm’s worldwide volumes...
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eCommerceVroom CEO: Giving The Auto Industry A Long Overdue Digital Tune-Up
In the world of the coronavirus pandemic, good news is a relative concept. For example, a recent round of headlines touted “stronger...
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RetailiPhone Sales Projected To Fall 36 Pct — Goldman Says Sell
As it lowered its recommendation on Apple Inc.‘s stock from neutral to sell, Goldman Sachs noted that the tech firm could lose one-third...
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RetailWalmart Doubles March 2019’s eCommerce Grocery Sales
There’s a silver lining for at least one retailer amid the coronavirus pandemic. A new survey found that Walmart Inc., the nation’s...
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RetailIn China, Pent-Up Demand For Cosmetics A Blip Or Trend?
Emerging from lockdown, Chinese consumers may be opening up (digital) wallets and purses … though gradually. Against that backdrop, South China Morning...
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RetailMcDonald’s Sales Drop; CEO Takes 50 Pct. Pay Cut
Not surprisingly, McDonald’s Corp. posted a dive in sales for the first quarter as its stores closed and the company relied on...
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RetaileCommerce Numbers Spike Across Categories
As March sales and earnings reports start to show up this week, new data indicate that eCommerce sales for essential and nonessential...
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RetailEtsy Provides Some Clues On March Retail Numbers
The first of what is expected to be a series of informal retail reports on March results was delivered Thursday afternoon (April...
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CoronavirusRestaurant Order Volume Falls 36 Pct Amid Coronavirus Closures
In much of the United States, restaurants have been ordered closed, except perhaps for takeout service, amid the coronavirus pandemic. For example,...
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B2B PaymentsAllSurplus Launches Program For SMBs To Sell Excess Equipment
AllSurplus, the marketplace for selling off various extra assets and items, wants to help businesses list and sell their own surplus items...
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RetailSmartphone Sales See Biggest Drop Ever In Feb.
Research and consulting firm Strategy Analytics has released a report stating that global smartphone shipments dropped 38 percent year on year in...
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RetailUS Retail Spending Dropped 0.5 Pct. In Feb.
As consumer spending started to decelerate prior to COVID-19 containment measures, U.S. retail sales declined last month in the biggest drop in...
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RetailDollar Tree Plans Renovations Amid Strong Q4 Results
Dollar Tree’s fourth-quarter earnings were better than expected, as the company continues its upgrades to the Family Dollar portfolio and launches new...
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RetailSales Of Plant-Based Foods Hit $5B In 2019
Consumers’ appetites for plant-based food is apparently surging, as the market for those products hit a new high of $5 billion last...
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EarningsSame-Day Services Soar In Mixed Q4 For Target
Target’s Q4 earnings report was something of a mixed bag in terms of outcomes. Earnings per share came in ahead of expectations at...
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RetailSmileDirectClub Aims To Boost Growth Via Healthcare Partnerships
After SmileDirectClub Inc registered a larger-than-expected loss with greater spending to market its teeth aligners, the eCommerce dental firm said it is...
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RetailLowe’s Posts Mixed Results Amid Online Revamp
As Lowe’s homes in on growing online shopping and bringing in more professional contractors and homebuilders, the home improvement retailer registered mixed...
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EarningsThe RealReal Tops $1B In GMV In 2019
As its gross merchandise volume (GMV) topped $1 billion for 2019, The RealReal Inc. reported a contribution profit per order of $19.72 and buyer...
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RetailStreaming Makes Up 80 Pct Of Music Industry Sales
Streaming services from companies like Spotify, Apple and Amazon have helped to fuel an increase in sales and profitability for the music...
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EarningsMacy’s Touts A Turnaround After Q4 Earnings Beat
After four consecutive quarters of progressively declining results, Macy’s managed to surprise the markets on Tuesday (Feb. 25) with an unexpected beat...
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RetailDomino’s Established US Restaurant Sales Rise 3.4 Pct
With a focus on new marketing efforts and quicker delivery, Domino’s Pizza Inc. has seen its profit and same-store U.S. sales come...
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RetailGroupon To Stop Merchandise Sales And Concentrate On Experiences
As it faces a competitive retail market, Groupon Inc. intends to discontinue its sale of merchandise by the close of 2020. The...
