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…
IKEA stores owner Ingka confident price cuts will help drive sales
By Marie Mannes STOCKHOLM (Reuters) – Ingka Group, the owner of most IKEA stores, said on Wednesday it was confident further price cuts would help drive sales volumes in the year to…
Discounts drew crowds but Black Friday week sales gain softest in years -report
By Amina Niasse NEW YORK (Reuters) – U.S. in-store retail sales swelled last week by the most since December courtesy of aggressive discounts, but the year-over-year sales gain for the week covering…
Australia Oct retail sales slip as consumers hold off for Black Friday sales
SYDNEY (Reuters) – Australian retail sales unexpectedly slipped in October as consumers cut back on everything but food, though analysts believe many were merely saving some money to splurge on Black Friday…
Most US retail ETFs extend gains on record holiday shopping sales
By Suzanne McGee and Bansari Mayur Kamdar (Reuters) – Exchange-traded funds (ETFs) tracking U.S. retailers outpaced the broader stock market on Monday, with most posting gains amidst record holiday sales. Shoppers and…
Black Friday Sales Show Modest Increase, E-Commerce Gains Prominence
NEW YORK – Mastercard SpendingPulse reported a 2.5% increase in U.S. retail sales on Black Friday compared to last year, excluding automotive sales. This figure, not adjusted for inflation, fell short of…
US Black Friday sales rise 2.5% -Mastercard Spendingpulse
(Reuters) – Mastercard Spendingpulse said on Saturday that U.S. retail sales on Black Friday rose 2.5% year-over-year excluding automotive sales, not adjusted for inflation. In September, Mastercard SpendingPulse, which measures in-store and…
Exclusive-Chinese car sales boom in Russia levels off amid shaky local recovery
By Gleb Stolyarov and Alexander Marrow MOSCOW (Reuters) – Chinese car sales in Russia appear to have peaked as domestic production recovers after the exodus of Western automakers, data shared with Reuters…
US new vehicle sales to rise in November on strong demand – report
(Reuters) – New vehicle sales in the United States are expected to rise in November, a report from industry consultants showed on Wednesday, as demand for the latest models remains strong and…
EU October car sales up 14.6%, EV sales jump more than 36%
By Nick Carey LONDON (Reuters) – New car sales in the European Union rose 14.6% in October, boosted in part by a big jump in sales of fully electric cars, while hybrid…
Analysis-Hybrid vehicle sales surge in China, posing fresh threat to foreign automakers
SHANGHAI (Reuters) – As EV makers in China wage an intense price war to prop up slowing demand, Chinese brands with strong hybrid lineups are emerging as winners, attracting consumers with vehicles…
Bath & Body Works trims sales forecast as demand slows into holiday season
(Reuters) – Bath & Body Works lowered its annual sales forecast on Thursday on signs of slowing demand ahead of the crucial holiday season, as customers cut back spending on non-essential items…
New Zealand house prices dip in October, sales activity steadily improving -REINZ
By Lucy Craymer WELLINGTON (Reuters) – New Zealand house prices fell slightly in October but sales activity is showing a steady improvement on 2022, the Real Estate Institute of New Zealand (REINZ)…
South African retail sales rise 0.9% year on year in September
JOHANNESBURG (Reuters) – South African retail sales rose 0.9% year on year in September after declining by a revised 0.3% in August, Statistics South Africa figures showed on Wednesday. On a month-on-month…
Brazil’s BRF upbeat on Q4 domestic sales, chicken exports outlook
By Ana Mano SAO PAULO (Reuters) – Brazilian food processor BRF SA is optimistic with the outlook for sales during the final quarter of 2023 based on the strength of its well-known…
Global EV sales stay strong, China hits record despite end of subsidies
(Reuters) – Electric-vehicle sales are seeing continued strength globally with China reporting record monthly sales in October despite the end of subsidies, according to market research firm Rho Motion. China ended an…
Known Gang Member Arrested in NYC for Drug Sales and Illegal Firearms Possession
NEW YORK, NY – A gang member was arrested in New York City by the NYPD 5th Precinct’s Public Safety Team for involvement in drug sales and possession of illegal firearms. The…
China smartphone market perks up as sales of new Xiaomi model off to roaring start
By Yelin Mo and Brenda Goh BEIJING (Reuters) – Xiaomi’s sales of more than 1 million units of its latest flagship smartphone in the week since its launch are a fresh sign…
Jewellery maker Pandora raises sales forecast after Q3 profit beat
COPENHAGEN (Reuters) – Danish jewellery maker Pandora reported a smaller than expected drop in third-quarter profit on Wednesday as more shoppers came to its stores, and raised its full-year sales outlook, sending…
Emerson Electric misses estimates for fourth-quarter sales, profit
(Reuters) – U.S. industrial conglomerate Emerson Electric Co on Tuesday reported fourth-quarter sales and profit below Wall Street estimates, hit by supply chain disruptions. Shares of the company were down 8.3% in…
Vertex Pharma misses sales estimates on weak demand for older CF treatments
(Reuters) – Vertex Pharmaceuticals missed Wall Street estimates for third-quarter sales on Monday, hurt by weaker-than-expected demand for its older cystic fibrosis (CF) treatments. The drugmaker recorded a 35.4% fall in sales…
SpaceX eyes $15 billion in sales next year on Starlink strength – Bloomberg News
(Reuters) – SpaceX is on track to book revenue of about $9 billion this year across its rocket launch and Starlink businesses with sales projected to rise to around $15 billion in…
Foxconn sticks to strong end-of-year sales outlook
TAIPEI (Reuters) -Taiwan’s Foxconn, the world’s largest contract electronics maker and a major Apple supplier, on Sunday stuck to its previous outlook of strong year-end holiday sales, and said customers were buying…
Mexican retailer Femsa plans to complete asset sales next year, cut debt
(Corrects to $47 billion from $47 million, the remittances’ figure in paragraph 9) By Valentine Hilaire MEXICO CITY (Reuters) -Mexico’s Femsa, which controls one of the world’s largest Coca-Cola bottlers and a…
US grocery coffee sales fall below pre-pandemic levels
By Marcelo Teixeira NEW YORK (Reuters) – Sales of coffee at grocery stores in the United States, the world’s largest consumer of the beverage, fell to below pre-pandemic levels in the year…
Condom maker Church & Dwight lifts sales forecast again on steady demand, higher prices
(Reuters) – Church & Dwight lifted its annual net sales forecast for a third time this year on Friday, boosted by high prices as well as strong demand for its household and…
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