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…
Slump in UK retail sales eases in September, CBI says
LONDON (Reuters) -British retailers reported a smaller annual fall in sales for September than during the previous month and expect a modest improvement in the months ahead, the Confederation of British Industry…
Giovine to Legalize Sale of Marijuana in Toms River
TOMS RIVER, NJ – Democrat candidate for mayor Ben Giovine said if he is elected mayor of Toms River in November, he will push to overturn a 2021 ban on the sale…
Argentina wheat sales stall as farmers wait for election, rains
By Maximilian Heath BUENOS AIRES (Reuters) – Argentina’s sales of the upcoming wheat crop are the slowest in seven years, delayed by farmers waiting for heavier rainfall and gambling on the result…
British retail sales grow in August after washout in July
LONDON (Reuters) – British retail sales partially recovered in August after a rainy July washout, official figures showed on Friday, adding to signs that the country’s consumers were mostly coping with the…
US existing home sales fall in August; house prices rise
WASHINGTON (Reuters) – U.S. existing home sales unexpectedly fell in August as persistently tight supply boosted prices, and a further decline is likely amid a resurgence in mortgage rates. Existing home sales…
Coty boosts core sales forecast as price hikes, strong beauty demand help
(Reuters) – Coty on Wednesday raised its annual core sales forecast on the back of higher pricing and strong demand as customers splurge on its high-end and affordable cosmetics and fragrances. The…
South African retail sales fall 1.8% year on year in July
JOHANNESBURG (Reuters) – South African retail sales fell 1.8% year on year in July after declining by a revised 1.8% in June, Statistics South Africa figures showed on Wednesday. Retail sales in…
Camden Man Pleads Guilty to Unlawful Firearm Sales
WHARTON, NJ – Antony S. Rodriguez-Santana, 30, of Camden, New Jersey, has entered a guilty plea for unlawfully selling firearms. The Morris County Prosecutor’s Office announced the plea on Tuesday, which includes…
China’s BYD rides on partnerships to expand EV sales in Southeast Asia
By Devjyot Ghoshal and Stefanno Sulaiman BANGKOK/JAKARTA (Reuters) – China’s electric vehicle giant BYD has been on a tear in Southeast Asia, shooting past rivals including Tesla to take more than a…
US retail sales, produces prices rise; jobless claims lower than forecast
NEW YORK (Reuters) -A slew of U.S. economic data on Thursday showed stronger-than-expected numbers that stoked worries about sticky inflation and reinforced the view that the Federal Reserve is likely to keep…
Marketmind: Retail sales and a call to Arm
A look at the day ahead in U.S. and global markets by Alun John U.S. retail sales numbers and PPI are Thursday’s chance to gauge the health of the world’s largest economy…
Dollarama raises annual sales forecast as demand for essentials thrives
(Reuters) -Dollarama raised annual sales forecast on Wednesday after topping quarterly sales estimates, as Canadians lapped up the discount retailer’s cheaper offerings in response to higher prices of essentials. Consumers in Canada,…
US holiday sales set for slowest year since 2018 as consumers turn frugal – report
By Deborah Mary Sophia and Siddharth Cavale (Reuters) – Holiday sales in the United States are estimated to grow at their slowest pace in five years, according to a report released on…
Legal Gun Sales Are Up Even As Murphy Pushes More Restrictions
TRENTON, NJ – If there has been any measurable data in light of New Jersey Governor Phil Murphy’s most recent gun restrictions, it’s that New Jerseyans are buying more guns. Combined with…
US furniture retailer RH shares tumble as slowing sales prompt dour revenue forecast
By Chibuike Oguh NEW YORK (Reuters) – Shares of U.S. home furniture retailer RH dropped more than 15% on Friday after the company warned that slower quarterly sales would result in disappointing…
Rise in Italy’s retail sales in July driven by supermarkets
(Reuters) – Italian retail trade rose marginally in July as large-scale food distribution pushed up sales, data showed on Thursday. Retail sales increased by 0.4% in value from June and by 2.7%…
LSEG investors raise $3.4 billion from share sales
LONDON (Reuters) -London Stock Exchange Group (LSEG) investors including Blackstone and Thomson Reuters have raised about 2.75 billion pounds ($3.44 billion) from the sale of shares in the bourse operator, bookrunners said…
Euro zone retail sales dip as auto fuel purchases fall in July
BRUSSELS (Reuters) – Retail sales in the euro zone declined in July, though only due to reduced automotive fuel purchases, while June registered an increase rather than the decline reported last month,…
Foxconn’s August sales drop 8% y/y, Q3 outlook better
TAIPEI (Reuters) – Taiwan’s Foxconn, the world’s largest contract electronics maker and a major supplier for Apple, said on Tuesday revenue in August fell 8% year-on-year but forecast a better business outlook…
Audi sees small 2023 sales lift ahead of big 2024 EV push- sales chief
By Christina Amann MUNICH (Reuters) – Audi should see a small sales bump this year ahead of a much stronger year in 2024 for the Volkswagen unit as its long-awaited big electric…
Volvo Cars August sales up 18%, lifted by US, Europe
HELSINKI (Reuters) -Sweden’s Volvo Cars on Monday reported an 18% rise in monthly car sales for August compared to last year, propelled by European and U.S. demand. The carmaker sold 51,636 cars…
Bosch expects sales in core mobility division to grow 10% in 2023
FRANKFURT (Reuters) – Bosch, the world’s top automotive supplier, expects sales at its mobility business division to grow by 10% this year, the group said at the IAA Munich car show, adding…
BMW expects higher China sales in 2023, finance chief says
By Christina Amann MUNICH (Reuters) – BMW expects to sell more cars in China this year despite a local price war in the electric vehicle (EV) segment, and muted demand overall, the…
China new home prices fall for fourth month, sales slump – survey
BEIJING (Reuters) – China’s new home prices fell for the fourth month in August, according to a private survey on Friday, as a property debt crisis kept confidence at a low ebb…
Hong Kong July retail sales up 16.5%, boosted by tourism revival
HONG KONG (Reuters) – Hong Kong’s July retail sales rose 16.5% from a year earlier in the eighth consecutive month of growth helped by an increase in visitor arrivals and positive consumption…
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