Retail Sales

Retail vehicle sales up 37% in April

by on August 10, 2022 0

New Delhi. The car dealers’ body, the Federation of Automobile Dealers Associations (FADA), said on Thursday that retail sales of vehicles in India had increased by 37%. This increase is compared to April last year when the country was battling the second wave of the Covid-19 coronavirus outbreak. FADA said a total of 16,27,975...

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Italian retail sales fall in second quarter (ISTAT-Xinhua)

by on August 3, 2022 0

Customers shop at a market in Rome, Italy, April 2, 2022. (Xinhua/Jin Mamengni) Compared with the first quarter, retail sales in the second quarter were 0.3% lower when measured by volume and 1.1% higher when measured by value, the National Institute of Statistics said. ROME, Aug. 3 (Xinhua) — Retail sales in Italy contracted...

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Amazon Stock: High Stakes Second Quarter Earnings Results (NASDAQ:AMZN)

by on July 27, 2022 0

Daria Nipot Investment thesis Amazon (NASDAQ: AMZN) releases second-quarter earnings this Thursday in what many see as a high-stakes report likely to have an impact that extends beyond its ticker, setting the tone for the market in light of current macroeconomic conditions. Management released a moderate second-quarter outlook in April, forecasting revenue of $116.0-121.0...

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15 of New Jersey’s Best Fall Festivals

by on July 25, 2022 0

Pumpkins, brightly colored leaves, hot apple cider, hoodies and fire pits. These are the many things associated with fall in New Jersey. Yes, it’s still summer, and it’s hot. But it’s not too early to think about and plan what festivals to take the family to this fall. There’s a ton of things to...

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3 Reasons Execs Are Leaving GameStop Retailers in Gap

by on July 20, 2022 0

Shoppers explore a nearly empty mall in Columbus, Ohio. Matthew Hatcher | Getty Images Don’t expect the stream of C-suite departures from retailers to stop anytime soon. Already this year, Gap and Bed Bath & Beyond abruptly replaced their CEOs as company sales plunged. GameStop has fired its chief financial officer amid the video...

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How Gen Z is changing the face of retail

by on July 18, 2022 0

Arsen Avakian brings unparalleled energy and enthusiasm to everything he does. After earning his bachelor’s degree in Computer Science from Armenia State Engineering University, he landed a Fulbright scholarship. He came to the United States to get his MBA from Roosevelt University. Working in IT for several years, Avakian often found himself drinking tea...

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Chinese retail sales jump 3.1% in June (NBS)

by on July 17, 2022 0

Retail sales of consumer goods in China, which are a major indicator of the country’s consumption strength, soared 3.1% year-on-year in June, according to recent data from the National Bureau of Statistics (NBS). from China. Recent growth in consumer goods retail sales in China reversed the declines seen in April and May. Last month,...

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Retail vehicle sales increase by 27% in June 2022

by on July 12, 2022 0

The passenger vehicle segment continued to show robust growth during the month. An increase in wholesale is an indicator of improved availability of semiconductors. According to data released by the Federation of Automobile Dealers Associations (FADA), retail sales of vehicles increased by 27% in June 2022, compared to the same month last year. Overall...

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“Retail sales will increase by 10.5% in 2022”

by on July 10, 2022 0

Analysts believe that domestic spending will remain on an upward trend, supported by strong and supportive economic fundamentals. — Photo Bernama KUCHING: Retail sales are expected to rise 10.5% for 2022, driven by a surge in consumer spending. According to MIDF’s research arm Amanah Investment Bank Bhd (MIDF Research), pent-up demand along with favorable...

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Custom Durable Tent and Backpack Push-Along Products

by on July 6, 2022 0

United States, Rockville MD, 06 Jul. 2022 (GLOBE NEWSWIRE) — The global camping equipment market size is expected to reach US$33.17 billion in 2032, growing at a CAGR of 7.3% from 2022 to 2032. air recreational activities are poised to cook up a storm when it comes to the camping gear market. According to...

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Commissioners approve ban on retail and outdoor sale of animals

by on June 21, 2022 0

Forsyth County commissioners recently took action to protect their “four-legged” and slightly more surly voters. At a regular meeting on Thursday, June 16, commissioners approved amendments to the Forsyth County Animal Control Ordinance to ban both retail and ‘roadside’ sales. domestic cats, dogs and rabbits. Approved changes include updated definitions, a ban on the...

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AMZN vs. WMT Weekly: let the markdowns begin

by on June 17, 2022 0

First, May’s weak retail sales simply confirmed the changing mindsets and economic climate that consumers had already experienced all too well – and knew all too well. Next came the biggest interest rate hike by the Federal Reserve in nearly 30 years, which only proved that the central bank was actually worried that inflation...

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Online shopping is so 2020. Going to stores is cool again

by on June 16, 2022 0

Instead, consumers apparently got tired of ordering everything while sitting on the couch and went back to shopping the old-fashioned way. “As the pandemic has subsided, you’re seeing consumers going back to their pre-pandemic business,” said Brian Nagel, who covers retail at Oppenheimer & Co. “Consumers are seeing benefits in shop in stores.” Several...

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Czech Retail Sales Up in April, Avg. real monthly wages fall in Q1

by on June 9, 2022 0

Photo by STEKLO / Shutterstock.com Retail sales growth in the Czech Republic accelerated for the second consecutive month in April, data from the Czech Statistical Office (CZSO) showed on Tuesday. Retail sales, excluding automobiles and motorcycles, rose 6.2% year-on-year in April, following a 5.7% increase in March. Recent positive developments in April were largely...

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Inflation divide: the rich splurge, the poorest fall back

by on June 5, 2022 0

Americans at the bottom of the income scale are again struggling to make ends meet. A confluence of factors — the expiration of federal stimulus checks and soaring inflation on basics like gasoline and food — are driving an even wider gap between the haves and have-nots. While wealthier shoppers continue to splurge, lower-income...

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Frasers Group to buy Missguided for £20m | Fraser Group

by on June 1, 2022 0

Frasers Group, controlled by Sports Direct founder Mike Ashley, has bought online fashion retailer Missguided for £20million in cash. Frasers, which owns the Sports Direct, House of Fraser and Flannels brands, has announced that it has acquired certain intellectual properties from Missguided Ltd and other related companies Mennace Ltd and Missguided (IP) Ltd, in...

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2022 Week 19: Beauty product launches and retail expansion

by on May 13, 2022 0

Maybelline New York: The world’s #1 cosmetics brand has launched its latest lipstick innovation, Super Stay Vinyl Ink Liquid Lipstick—vinyl color that won’t budge and up to 16 hours of wear. This long-wearing lipstick’s Color Lock Complex formula, made up of high-impact ink pigments and liquid shine boosters, defies smudging and transferring and provides...

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GBP EUR down after retail sales disappointment

by on May 11, 2022 0

The GBP/EUR exchange rate was lower on Tuesday as retail sales were disappointed by consumer confidence. The Chancellor hinted that tax cuts could ease the burden. In France, Emmanuel Macron threw cold water on Ukraine’s hopes of joining the EU soon. GBP against EUR is trading at 1.1670 and will support lower levels. UK...

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National Retail Federation officials predict the economy should continue to ‘thrive’ despite current inflation issues

by on May 7, 2022 0

WASHINGTON DC – The economy’s rapid growth may slow somewhat as the Federal Reserve tries to tame inflation over the next few months, but consumers will likely continue to shop as lower inflation dampens the uncertainty, said Jack Kleinhenz, chief economist for the National Retail Federation. Monday, May 3. “Fed tightening has kicked off...

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Toyota Kirloskar Sales Jumped 57% as Company Records Volume of 15,085 Units in April; MG Motor posts a drop of 22%

by on May 1, 2022 0

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Apple loses top spot in China as smartphone sales plummet

by on April 29, 2022 0

Two research reports published this week showed Apple (AAPL) slipping to third place, behind Chinese brands of Android handsets. Smartphone sales in China fell 14% in the first quarter as volumes fell “near levels seen in the severe pandemic-affected first quarter of 2020,” Counterpoint Research said in a statement. report Thursday. Apple (AAPL)Sales fell...

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Business climate survey in catering & similar and retail trade for February 2022

by on April 20, 2022 0

MACAO, April 20 – Information from the Statistics and Census Service (DSEC) indicates that revenue from restaurants and similar establishments surveyed fell 5.3% year-on-year in February 2022, Western restaurants, Chinese restaurants and Japanese and Korean restaurants recorded respective declines of 8.5%, 7.7% and 7.2%. Meanwhile, sales at surveyed retailers rose 29.7% year-on-year in February;...

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Albertsons leverages scent marketing to drive sales

by on April 15, 2022 0

Grocery giant Albertsons is expanding advertising opportunities for consumer packaged goods (CPG) brands to include new sensory experiences. Grocery stores in the Chicago and New Jersey areas will spread the smell of freshly baked cheesecake near designated coolers selling Philadelphia cream cheese, according to a recent Kraft Heinz announcement. The limited-time initiative runs through...

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The retail fuel industry hails E15 sales throughout the year; Urges the administration to remove additional obstacles

by on April 12, 2022 0

ALEXANDRIA, Va., April 12, 2022 /PRNewswire/ — NATSO, representing truck stops, haulage areas and off-road fuel retailers, and SIGMA: Major fuel distributors in the United States have praised the Biden administration for allowing the sale throughout the year of gasoline containing 15% ethanol (E15). The industry has warned, however, that continued infrastructure compatibility hurdles...

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Used vehicle prices are finally dropping but won’t completely plunge back to Earth in this crazy environment. here’s why

by on April 9, 2022 0

Despite increased tax refunds, crucial for down payments, retail sales of used cars and trucks fell and auction prices fell as price resistance set in. By Wolf Richter for WOLF STREET. According to the estimates of Cox Automotive, based on its Dealertrack data. Blame slow tax refunds? Blame the unsustainable crazy price spike? So...

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Used truck prices rose in February despite sales growth

by on March 29, 2022 0

Trucking news and briefs for Tuesday, March 29, 2022: Used truck sales, prices rose in February According to the latest State of the Industry: US Classes 3-8 Used Trucks, published by ACT Research, used Class 8 retail sales volumes (same dealership sales) increased 16% in February from compared to January. Looking further ahead, sales...

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Partner of Domino’s and the national organization FFA

by on March 22, 2022 0

Domino’s Pizza Inc. (NYSE: DPZ), the world’s largest pizza company, understands that there would be no pizza to deliver without farmers and young people pursuing careers in agriculture. In recognition of its support of the agriculture industry, Domino’s announces the start of a new five-year, $1.5 million commitment to the National FFA Organization. The...

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Canadian dollar targets retail sales

by on March 18, 2022 0

The Canadian dollar continues to rally and gained more than 1% this week. We will see Canadian retail sales later today. Retail sales are expected to rebound After a difficult start to the week, the Canadian dollar pulled back and posted three winning days, while the US dollar fell against the major currencies. The...

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Scottish retail sales remain at pre-pandemic levels

by on March 16, 2022 0

In-store sales remained at pre-pandemic levels last month as retailers continued to face “no shortage of storm clouds”. While food and drink continued to perform well, fashion and footwear trade in Scotland was “slow”, highlighting the polarization between food and non-food sales. Data from the Scottish Retail Consortium (SRC) and KPMG showed that between...

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2022 Global E-commerce Environmental Impact Research Report: E-commerce Companies Are Implementing Solutions to Reduce the Environmental Impact of Online Shopping

by on March 14, 2022 0

Dublin, March 14, 2022 (GLOBE NEWSWIRE) — The “The environmental impact of e-commerce 2022” report has been added to from ResearchAndMarkets.com offer. “The Environmental Impact of E-commerce 2021” provides an overview of the B2C e-commerce market and its environmental impact around the world. Among other findings, the publication reveals that more than 40% of...

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Mothercare and owner of KFC take a break in Russia | Russia

by on March 9, 2022 0

The owner of KFC and Pizza Hut, as well as British baby clothes chain Mothercare, became the latest companies to suspend operations in Russia following its invasion of Ukraine. After a number of major Western brands, including McDonald’s, Starbucks, Coca-Cola and PepsiCo, bowed to public pressure and suspended operations in Russia, Yum! Brands have...

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AutoZone inventory up as company opens new stores

by on March 1, 2022 0

In addition to net sales growth of 15.8% to $3.4 billion for the second quarter of fiscal 2022 ending Feb. 12, AutoZone reported an inventory increase of 6.2% from the same period a year earlier, thanks to 31 new stores, hubs and megahubs. in the United States, Mexico and Brazil, according to a Tuesday...

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Retail Sales Survey Results for Q4 2021

by on February 24, 2022 0

MACAO, February 24 – Information from the Statistics and Census Service (DSEC) indicates that the value of retail sales for the fourth quarter of 2021 amounted to MOP 18.50 billion, up 1.7% from one year to the next. After removing the effect of price changes, the sales volume index rose 4.6% year-on-year. Among the...

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Dillard’s sees 37% jump in same-store sales in fourth quarter

by on February 22, 2022 0

Dillard’s, Inc. said its profits nearly quintupled in the fourth quarter ended Jan. 29, as sales jumped 37%. Earnings and sales exceeded Wall Street targets. The winnings came to $16.61, ahead of the Wall Street consensus estimate of $11.40. Income from $2.113 billion beat Wall Street’s consensus estimate of $2.5 billion. Dillard CEO William...

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Retail sales fell 1.8% in December to $57 billion, Statistics Canada says – Parksville Qualicum Beach News

by on February 18, 2022 0

Canadian retail sales fell 1.8% to $57 billion in December as the spread of the Omicron variant and severe flooding in British Columbia and the Atlantic provinces disrupted transportation, operations retail and sales, Statistics Canada announced Friday. It’s the biggest drop since last April, when regions across the country implemented tougher COVID-19 restrictions, the...

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Why did strong retail sales fail to lift the USD?

by on February 16, 2022 0

The US Dollar traded lower against all major currencies on Wednesday despite hawkish FOMC minutes and strong US data. The Federal Reserve is on track to raise interest rates in March, especially after the 3.8% jump in retail sales last month. Economists expected the increase to be led by auto and gas sales, but...

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Geopolitics and FOMC minutes will impact dollar valuation

by on February 15, 2022 0

US retail sales are expected to rebound in January. Investors are likely to ignore US data amid the Russian-Ukrainian conflict. The US Dollar Index needs to clear the resistance at 96.40 to continue pushing higher. The dollar started the new week on solid footing and outperformed its rivals as heightened fears over Russia’s invasion...

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Santa Barbara commercial real estate is red hot

by on February 11, 2022 0

If there was any doubt that commercial real estate sales have yet to recover from the pandemic recession, a recent report by the Hayes Commercial Group of Santa Barbara certainly proves otherwise. Trade sales for the fourth quarter of 2021 topped the charts with 117 deals totaling $770 million, the highest sales quarter on...

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Mastercard SpendingPulse: U.S. Retail Sales Up 7.2%* in January, Marking Strong Start to 2022 | News

by on February 10, 2022 0

PURCHASE, NY–(BUSINESS WIRE)–February 10, 2022– 2022 kicked off with gains across nearly every retail sector, according to Mastercard SpendingPulse™, which measures in-store and online retail sales for all payment methods. In January, retail sales in the United States excluding autos increased 7.2% year-on-year (YOY)with online sales up 10.4% compared to January 2021. Despite Omicron’s...

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Auto retail sales will turn positive in a few months: FADA

by on February 7, 2022 0

As India recovers from the third wave of Covid, the Federation of Automobile Dealers Associations (FADA) said on Monday it expects auto retail sales to slowly turn positive again. The semiconductor shortage is also showing signs of easing as many passenger vehicle (PV) makers provide better distribution, he said. “We therefore expect vehicle availability...

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Retail sales fell 6.6% in October 2021

by on February 5, 2022 0

After adjusting for the retail sales inflation rate, measured at 3.4% in October, overall retail sales volume fell 6.6% from October 2020, according to the retail sales index. detail recently published. A government spokesperson said: “Today the Cabinet Office released the Retail Sales Index for October 2021 . October retail sales fell 6.6% from...

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Spanish retail sales fell sharply in December

by on January 31, 2022 0

By Xavier Fontdegloria Retail sales in Spain fell sharply in December as Covid-19 cases rose and the spread of the Omicron variant of the coronavirus and high inflation hit consumer spending. Retail store sales fell 5.9% in seasonally and calendar-adjusted terms in December from the previous month, according to data from the national statistics...

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Virginia Republicans push for marijuana law changes

by on January 29, 2022 0

RICHMOND, Va. — Newly empowered Republican lawmakers in Virginia who have opposed legalizing simple possession of marijuana say they don’t want to scrap the law, but they want to make significant changes. Those changes could include delaying the start date for retail sales and removing a provision that would give licensing preference to people...

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Retail Meat Sales: Up, Up and Away

by on January 25, 2022 0

The first year of the pandemic era, 2020, proved fantastic for retail sales of fresh meat in grocery stores. No surprise: People weren’t eating out and they were relying on comfort foods and staples to feed them and their families. The sight of empty meat shelves is now one of the most enduring images...

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Media Bites January 24: Unilever, Morrisons, Retail | News

by on January 24, 2022 0

Nelson Peltz’s activist hedge fund Trian Partners has taken a stake in Unilever, increasing pressure on the FTSE 100 company after its failed pursuit of GlaxoSmithKline’s consumer healthcare business (The Financial Times £). Unilever’s management has been in more trouble since it emerged that Nelson Peltz’s activist hedge fund had taken a stake in...

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Loonie eases on retail sales report

by on January 22, 2022 0

On Friday, the dollar rebounded slightly against the Loonie, regaining short-term support. US Treasury yields fell slightly. Canadian retail sales were stronger than expected and rose in November, while US leading economic indicators came in line with expectations. Next week, currency markets will focus on the Federal Reserve meeting. The FOMC will likely continue...

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Brakes to further reduce fashion retail sales, says Icra

by on January 19, 2022 0

Icra Ratings has revised fashion retailers’ revenue forecasts for the current fiscal year down to 70-72% of their pre-pandemic levels, trimming 8% from an earlier estimate due to new restrictions on the opening hours of malls and non-essential shops, and reduced mobility amid the third wave of Covid. Icra expects the sector to only...

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For retailers, Omicron’s impact isn’t just about health

by on January 11, 2022 0

Long checkout lines. Closed changing rooms. Empty shelves. Reduced opening hours. No more fear of contracting the coronavirus and another season of skirmishes with customers who refuse to wear masks. A tired retail workforce is feeling the fallout from the latest wave of the pandemic, with a variant that is spreading quickly and downsizing....

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This week: consumer prices, Delta gains, retail sales

by on January 10, 2022 0

A look at some of the major business events and economic indicators coming up this week: EYE ON INFLATION The Labor Department serves its December reading of consumer inflation on Wednesday. Americans continue to face higher costs, reflected by large annual increases in the Consumer Price Index over the past year. Prices for U.S....

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Volvo Cars retail sales jump 27% in 2021 in India

by on January 6, 2022 0

Luxury automaker Volvo Car India said on Thursday its retail sales rose 27% to 1,724 units last year from 2020. The Swedish manufacturer sold 1,361 cars in 2020. Last year’s sales growth was driven by the company’s SUV portfolio, with the company’s mid-size SUV XC60 becoming the best-selling model, followed by the compact SUV...

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Overseas retailers explode as local groups fight lockdowns

by on January 2, 2022 0

The Australian Retailers Association, with Roy Morgan, predicts that a total of $ 21.1 billion will be spent during the post-Christmas selling period (i.e. the three weeks from Boxing Day ) both in store and online. This prediction indicates an increase of 2.1% from the same period last year and 12.6% from pre-pandemic levels...

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It’s all in the seasonal sandwich

by on December 30, 2021 0

After a nearly 90-day whirlwind of preseason promotions, holiday sales, product shortages, delivery constraints and a persistent spike in COVID numbers, the retail rush is officially in. books, or as the Ink stains sung in their 1947 classic; “It’s over except the crying.” The funny thing is that while there is always a lot...

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3 Best Ecommerce Stocks To Buy Right Now

by on December 28, 2021 0

The world was already rushing towards e-commerce representing a higher percentage of total retail sales before the pandemic hit, and now it is climbing at an inexorable rate. eMarketer says global retail sales fell 2.8% in 2020 to $ 23.6 trillion as consumers changed their online shopping habits. E-commerce sales soared more than 25%...

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Holiday retail sales skyrocket as e-commerce posts huge gains

by on December 26, 2021 0

Retail sales in the United States have jumped nearly 11% this season compared to the holiday period in 2019, the year before the pandemic hit the global economy, according to a Mastercard report released on Sunday. The report, Mastercard ExpensesPulse, showed an 8.5% increase in retail sales during the holiday season, set from November...

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Thousands of JD Group stores will sell ABG’s Reebok

by on December 20, 2021 0

Reebok, bought by Authentic Brands Group in August, will now be sold in thousands of JD Group stores thanks to a new agreement between the two companies. The non-exclusive OK comes after ABG announced plans to buy Reebok from Adidas for $ 2.46 billion – the acquisition should be finalized in the first quarter...

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DuPage County Council reconsiders ban on sales of recreational pots in unincorporated areas

by on December 9, 2021 0

As marijuana businesses gain acceptance in the suburbs, DuPage County Board members are considering lifting the ban on jar retail stores in unincorporated areas. County board member Liz Chaplin said more cities that previously rejected leisure sales have since voted to allow stores within their borders. She called on the county board to reconsider...

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Domino’s announces promotions to senior vice president

by on December 7, 2021 0

Domino’s Pizza Inc. (NYSE: DPZ), the world’s largest pizza company, announces the promotions of Kate Trumbull, Christopher Thomas-Moore and Juan Joachin as Senior Vice President, effective immediately. “These three people have been instrumental in the growth and innovation of Domino’s in their respective fields,” said Ritch Allison, CEO of Domino’s. “Their promotions are well...

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