Sales

  • Tax Cuts Seen Halting Retreat in U.S. Retail Sales

    Tax cuts have given a boost to Americans’ take-home pay this year. The question hanging over the U.S. economy is whether they are putting the extra cash toward savings and debt, or using it to go shopping. Retail-sales data due Monday from the Commerce Department will help provide an...
  • U.S. new home sales fall for third-straight month in February

    Sales of new U.S. single-family homes unexpectedly fell for a third straight month in February, weighed down by steep declines in the Midwest and West. The Commerce Department said on Friday new home sales dropped 0.6 per cent to a seasonally adjusted annual rate of 618,000 units last month....
  • Toys ‘R’ Us Will Proceed With Shutdown of U.S. Operations

    • Chain is said to be filing motion in bankruptcy court • Bloomberg reported last week that liquidation was imminent Toys “R” Us Inc. Chief Executive Officer Dave Brandon confirmed to employees on Wednesday that the chain will be closing its U.S. operations, according to a person with knowledge...
  • Apple To Report Over $80 Billion In Sales, Highest Quarterly Revenue Ever

    Despite lower iPhone X sales than expected, Apple will report Thursday its best financial quarter in the company’s 41-year history, with over $80 billion in sales. On this blowout quarter, Apple will again sell more iPhones than ever before at more than 80 millions units, including nearly 30 million...
  • Target reports booming holiday sales

    MINNEAPOLIS (AP) — Target has joined other retailers in putting up booming sales numbers as shoppers returned in force during the critical holiday season. Sales at stores open at least a year jumped 3.4 percent in November and December, with a lot of traffic both on the company’s website,...
  • Ford, GM Sales Beat Estimates

    Ford sales beat estimates as F-Series has best year since 2005 Industry deliveries slipped in 2017 after seven-year expansion Carmakers capped their first year of shrinking U.S. sales since the recession on a high note, with surging truck demand buoying General Motors Co. and carrying Ford Motor Co. to...
  • Early Christmas Gift? Nevada Weed Dispensaries Hold First-Ever Black Friday Sales

    With legal recreational marijuana having been on sale in Nevada for the last five months, the state’s pot stores are having their first Black Friday sales on Friday. “It’s a great stocking-stuffer, and now you can treat it like alcohol in that regard,” State Senator Tick Segerblom told the...
  • JC Penney sales on the rise

    J. C. Penney’s efforts to prune items that didn’t sell to focus on fashions customers will want this holiday season appears to have paid off, as the retailer reported a slight uptick in sales in the last quarter. In the three-month period that ended Oct. 28, 2017, sales at...
  • Its’ Here !!!! Check out WalMart’s Black Friday Ad!

    The most anticipated Black Friday ad has landed. On the heels of the Best Buy and Target ad releases, Walmart unveiled its circular early Thursday. “There’s only one place to shop this Black Friday — Walmart,” said Steve Bratspies, Walmart U.S. chief merchandising officer in a news release. “Whether a customer shops with us in our stores...