Scratch-Offs carry New Jersey Lottery through sharp sales decline
TRENTON, NJ – New Jersey Lottery sales totaled $3.3 billion for the fiscal year ending Sunday, a decline of $288 million or 7.9 percent from the previous year, but still resulted in…
Jeep to launch two new SUVs in India to boost sales
By Aditi Shah NEW DELHI – Stellantis’ Jeep will launch two new sport-utility vehicles (SUVs) in India this year to boost sales in a market where it has struggled to establish a…
New Zealand retail sales rise in Q4 2021
WELLINGTON – New Zealand retail sales volumes rose a seasonally adjusted 8.6% in the fourth quarter of 2021, data from Statistics New Zealand showed on Friday, compared to a drop of 8.1%…
Moncler 2021 sales top 2 billion euros, beating expectations
MILAN – Sales at Italian luxury outwear maker Moncler grew by 30% in the key final quarter of 2021 and 44% for the full year to well above pre-pandemic levels thanks to…
U.S. new home sales fall in January as prices march higher
WASHINGTON – Sales of new U.S. single-family homes fell slightly more than expected in January, likely as rising mortgage rates and higher prices sidelined some first-time buyers from the market. New home…
Canada January factory sales likely up 1.3% – Statscan flash estimate
OTTAWA – Canadian factory sales most likely rose 1.3% in January from December, largely driven by higher sales in the petroleum and coal product industry, along with wood products, Statistics Canada said…
UK retail sales growth slows in Feb, price pressures mount – CBI
LONDON – British retailers reported slower sales growth in February but said demand was better than normal for the time of year as the Omicron wave of coronavirus cases eased, according to…
Mercedes-Benz to double EV sales in 2022, solidify supplier relationship
BERLIN – Mercedes-Benz aims to double its electric vehicle sales in 2022 and expand its electrified car footprint in relevant markets worldwide, Chief Executive Ola Kaellenius said on Thursday in an earnings…
HeidelbergCement sees higher sales, profits in 2022
HeidelbergCement HEIG.DE, the world’s second-largest cement maker, expects both sales and core profit to rise in 2022 on the back of global infrastructure programmes and continuing demand for new homes. “Due to…
Thai domestic car sales jump 25.81% y/y in January
BANGKOK – Domestic car sales in Thailand rose 25.81% in January from a year earlier to 69,455 units, helped by an easing of coronavirus curbs and government support, the Federation of Thai…
Worldline on a quest for M&A after sales beat, shares shoot up
By Juliette Portala -Worldline’s fourth-quarter sales surpassed market expectations, prompting the French payments company to herald a new year of “conquest” in Europe, with shares rising more than 9%. The group, which…
Cooling home improvement demand may pressure Home Depot, Lowe’s 2022 sales
By Uday Sampath Kumar – Home Depot Inc and Lowe’s Cos Inc may warn of a slowdown in 2022 sales when they report their quarterly results next week to reflect a potential…
Canada January retail sales seen rebounding from December decline
By Julie Gordon OTTAWA – Canadian retail sales most likely rose 2.4% in January from December, preliminary data from Statistics Canada showed on Friday, following on a 1.8% decline in December as…
Japanese investors step up overseas asset sales this year
– Japan’s domestic investors are selling foreign equities and bonds aggressively this year, on concerns over monetary tightening by the world’s major central banks and its impact across global equity and bond…
European Union car sales in January lowest on record -ACEA
BERLIN – New car registrations in the European Union reached a historic low of 682,596 units in January as semiconductor shortages continued to hurt car sales across the region, data from the…
Biden Administration Defies Court Ruling Again, Opts Against Holding Oil Drilling Sales
The Biden administration missed another deadline to hold quarterly onshore oil drilling lease sales after a federal court ruled it was legally required to do so. The Department of the Interior (DOI)…
Kraft Heinz plans more price hikes as sales, earnings beat estimates
By Deborah Mary Sophia and Mehr Bedi -Kraft Heinz Co said on Wednesday it would raise the prices of its snacks and condiments further to counter soaring costs of raw materials and…
New Zealand homes sales and prices ease in January
WELLINGTON – Compounding factors are influencing a decrease in house prices and sales activity in New Zealand, the Real Estate Institute of New Zealand (REINZ) said on Tuesday. Median nationwide house values…
BAT sales jump on vaping, oral nicotine; announces 2 billion stg buyback
LONDON -British American Tobacco on Friday reported a 7% rise in full-year adjusted revenue to 25.7 billion pounds ($34.8 billion), helped by sales of e-cigarettes and oral nicotine. The world’s second-largest tobacco…
Bloods Gang Member Sentenced for Illegal Firearm Sales
NORFOLK, Va. – A Virginia Beach man was sentenced today to 2 years in prison for trafficking firearms in a Virginia Beach apartment complex. According to court documents, on February 11, 2021,…
U.S., Chinese beauty appetite fuel L’Oreal forecast-beating Q4 sales
PARIS -Holiday spending in the U.S. and China helped L’Oreal beat growth expectations over the crucial end-of-year period as consumers splurged on beauty products. Fuelled by North America – the fastest-growing region…
KFC-parent Yum Brands sales boosted by demand for tacos, fried chicken
By Praveen Paramasivam – KFC-parent Yum Brands Inc reported quarterly comparable sales that beat estimates on Wednesday, driven by strong online demand for its tacos and fried chicken as well as new…
New England Compounding Center’s National Sales Director Sentenced
BOSTON – The National Sales Director of the now-defunct New England Compounding Center (NECC) was sentenced today in federal court in Boston in connection with conspiring to defraud the Food and Drug…
South Korea’s Hyundai Motor to take a fresh crack at Japan sales
By Tim Kelly and Maki Shiraki TOKYO – South Korea’s Hyundai Motor Co said on Tuesday it is returning to Japan 12 years after leaving because of poor sales, as growing demand…
Arm deal collapse leaves SoftBank asset sales in disarray
By Sam Nussey TOKYO – The collapse of SoftBank Group Corp’s deal to sell chip designer Arm to Nvidia marks a major setback to the Japanese conglomerate’s efforts to generate funds at…
Porsche expects another record year for sales despite chip shortage – Automobilwoche
BERLIN – Luxury carmaker Porsche AG expects another record year for sales despite the global semiconductor chip shortage, its sales chief was quoted as saying by industry magazine Automobilwoche. “When I look…
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