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…
US new vehicle dealers jump-start holiday sales with better incentives
By Nathan Gomes (Reuters) – American car dealers are set to wrap the year with generous incentives and discounts during winter sales, aiming to clear older vehicle stocks and prepare for the…
Utica Police Conduct Successful Underage Tobacco Sales Operation
UTICA, NY – The Utica Police Department’s Crime Prevention Unit has completed a targeted operation addressing illegal sales of tobacco to minors, following numerous complaints. On December 17th, 2023, the unit employed…
China banks step up sales of bad loans as consumer defaults rise
SHANGHAI/SINGAPORE (Reuters) – Chinese banks are putting bad loans up for sale at a record pace, as regulators push for faster disposal of sour debts amid rising consumer defaults during an ailing…
Darden falls short of sales estimates as fine dining takes a backseat
(Reuters) – Olive Garden owner Darden Restaurants on Friday forecast annual same-store sales largely below estimates and missed Wall Street expectations for second-quarter revenue as its fine dining business remained under pressure.…
GM still planning to end gas-powered vehicle sales by 2035 — CEO
By David Shepardson WASHINGTON (Reuters) – General Motors CEO Mary Barra said Wednesday the Detroit automaker still plans on moving to all electric vehicle sales by 2035 even as it has recently…
US new vehicle sales to rise 1% in 2024 – report
(Reuters) – U.S. new vehicle sales are expected to rise just 1% to 15.7 million units next year, car shopping website Edmunds said on Wednesday, as demand is likely to come under…
Dollarama lifts sales forecast on steady demand for discounted goods
(Reuters) -Dollarama lifted its annual sales forecast on Wednesday, encouraged by strong demand for its household essentials and groceries as inflation-hit consumers turned to discount stores. Consumers grappling with high interest rates…
X’s 2023 ad sales to slump to $2.5 billion – Bloomberg News
(Reuters) -Elon Musk’s social media platform X’s 2023 ad sales are projected to fall to about $2.5 billion, Bloomberg News reported on Tuesday. Several companies including Comcast and Walt Disney paused their…
Global EV sales hit new record in November – Rho Motion
By Nick Carey LONDON (Reuters) – Global sales of battery electric vehicles (BEV) and plug-in hybrids (PHEV) rose 20% versus a year ago as strong growth in North America and China offset…
New Law Seeks to Slash New Jersey Sales Tax by 50% for Small Businesses
TRENTON, NJ – The New Jersey Legislature is considering a bill aimed at providing substantial tax relief to small businesses in the state. The proposed legislation, if enacted, will halve the State…
China car sales growth speeds up in November as price war intensifies
BEIJING/SHANGHAI (Reuters) -China’s passenger vehicle sales rose 25.5% in November from a year earlier, faster than the prior month and extending growth to a fourth month, industry data showed on Friday, as…
Russian exporters increased FX sales to $13.9 billion in November
MOSCOW (Reuters) – Russia’s central bank on Thursday said exporters had increased foreign currency sales to $13.9 billion in November from $12.5 billion in October, as capital controls forced the transfer of…
Apple to launch new iPads, M3 MacBook Air to fight weak sales – Bloomberg News
(Reuters) – Apple is planning to release several new models, including a faster MacBook Air and two updated iPads, early next year to help combat a decline in sales of the devices,…
Jack Daniel’s-maker Brown-Forman cuts annual sales forecast as demand softens
(Reuters) – Brown-Forman cut net sales forecast for 2024 on Wednesday as cost-conscious consumers looked at cheaper alternatives to the whiskey-maker’s more pricier brands in the United States, dragging the company’s shares…
Russian distributor to launch sales of Adidas, Reebok goods- Kommersant
MOSCOW (Reuters) – A Russian distributor of Western sports brands will start selling Adidas and Reebok products as soon as this week, despite the companies’ departure from the market over the war…
Volvo Cars’ November sales rise 8%
COPENHAGEN (Reuters) – Volvo Cars’ sales grew 8% in November from a year earlier to 63,682 cars, the Sweden-based group said on Monday. Volvo Cars, which is majority-owned by China’s Geely, said…
Hamburg Restaurant Owner Pocketed Sales Taxes
HAMBURG, NY – Elder Guadalupe Martinez, a 30-year-old Hamburg resident, admitted to significant financial crimes in Erie County Supreme Court on Thursday. Martinez, who operated the Mexico City restaurant on Camp Road,…
St. Charles County Man Admits Unlicensed Sales of Firearms
ST. LOUIS – A man from St. Charles County, Missouri on Thursday admitted selling firearms without a license, including over 30 that were recovered at or after crimes. Harry Trueblood, 69, pleaded…
Prior Federal Felon Sentenced Again for Crack Sales and Firearm Possession
RALEIGH, N.C. – A Rocky Mount man was sentenced yesterday to 192 months in prison for distribution of cocaine base (“crack”) and possessing a firearm in furtherance of drug trafficking. Tony Lavores…
US existing home sales to stay subdued next year, along with prices: Reuters poll
By Hari Kishan BENGALURU (Reuters) – U.S. existing home sales are forecast to remain subdued next year and beyond as high mortgage rates force homeowners to stay put, according to a Reuters…
Exclusive-How SUSE deviated from its internal controls while warning about sales risk
By Stefania Spezzati and Karin Strohecker LONDON (Reuters) – Software firm SUSE, whose clients include Microsoft and BMW, told investors in January it was tightening its scrutiny of commercial deals. SUSE, whose…
Hong Kong Oct retail sales up 5.6%, helped by inbound tourism
HONG KONG (Reuters) – The continued revival of inbound tourism helped Hong Kong’s retail sales notch up an 11th consecutive month of growth in October, though it was the slowest pace since…
German retail sales rise more than expected in October
(Reuters) – German retail sales rose more than expected in October, increasing by 1.1% compared with the previous month, data showed on Thursday. Analysts polled by Reuters had predicted a 0.4% increase.…
Spain’s Mango chain registers double-digit gains in sales during holiday shopping spree
MADRID (Reuters) – Clothing retailer Mango saw double-digit growth in sales during the recent Black Friday and Cyber Monday shopping events, when the Spanish family-owned company marketed discounts of up to 50%…
Shopping Under the Influence: New Jersey Governor Demands Alcohol Sales at Shopping Malls
TOMS RIVER, NJ – Governor Phil Murphy is digging a line in the sand on New Jersey’s liquor reform agenda, and the hill he’s willing to die on is having booze sold…
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