Retail Sales

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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Sales assistant – Pedestrian television

by on December 5, 2021 0

MAISON de SABRÉ embodies the art of personalized leather goods in a timeless spirit. Our signature collection of cases, wallets, pouches and pocket accessories is the expression of high-end craftsmanship and design innovation within the sphere of contemporary luxury. By choosing to bypass fast-fashion and runway trends, our pieces are the ultimate life companion,...

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Competing outdoor stores cancel merger plans

by on December 3, 2021 0

Great Outdoors Group, LLC and Sportsman’s Warehouse Holdings, Inc. announcement Friday (December 3) through the Federal Trade Commission (FTC) that they cancel their proposed merger, which would have brought together two companies of outdoor sporting goods. Both companies specialize in hunting, shooting, fishing, camping and other outdoor equipment. “Following an 11-month in-depth investigation by...

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Counterfeit Covid masks are still sold everywhere

by on November 30, 2021 0

The domestic industry’s woes extend beyond the consumer mask market. In recent months, the medical supply giants that serve the country’s major hospital systems have eagerly resumed purchasing low-cost protective equipment overseas. The companies, including McKesson, Henry Schein and Cardinal Health, have pressured the Biden administration to retain a tariff exemption on imported protective...

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Walmart and Target will be making money this Christmas. Small businesses may not be so lucky

by on November 27, 2021 0

But this year’s Small Business Saturday promotion is unlikely to change the fortunes of independent stores in America, which have radically diverged from their biggest rivals. Small retailers have been squeezed out throughout the pandemic and are at a significant disadvantage in the face of the current supply chain crisis, rising inflation and a...

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Futures Point North Before Retail Sales Figures

by on November 25, 2021 0

Reversing a loss of 0.15% from Wednesday, ASX200 rose 0.11% to end the day at 7,407.29. Bank stocks weighed on Thursday, while commodities and tech stocks provided support, with the rise coming on the back of modest US gains on Wednesday. Statistics Economic data was limited to new private CAPEX figures at the start...

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Retail sales increase as inflation increases. Problems for the GDP?

by on November 20, 2021 0

Text size Despite their concerns about inflation, American consumers shop and continue to fuel economic activity. Spencer Platt / Getty Images Inflation makes consumers miserable. Judging from retail sales, it might not matter, just yet. But high inflation expectations are a warning worth heeding, potentially signaling slower economic growth to come. When the Commerce...

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Fastest Growing Retail Sales in October: 4 Fund Choices

by on November 18, 2021 0

Retail sales grew at the fastest pace since March in the United States. While it is beneficial for economic growth, excess spending is due to inflation. However, with the holiday season quickly approaching, retailers are hoping consumers will soon be flooding stores, both physical and online. In light of this, investors can choose funds...

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Macerich sees retail sales higher than pre-Covid levels

by on November 17, 2021 0

After spending nearly two full years battling the impact of COVID, The Macerich Co.’s third quarter numbers were “remarkable” thanks to demand from retailers. That’s according to CEO Tom O’Hern, during the REIT’s third quarter earnings call. O’Hern noted that buyers have come back with a vengeance as American consumers continue to shop for...

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Retail sales in 15 provinces, cities increase in third quarter

by on November 11, 2021 0

SEOUL, Nov. 11 (Yonhap) – Retail sales in South Korea’s 15 provinces and major cities increased in the third quarter as people increased their outdoor activities as part of the vaccine rollout and the economic recovery, according to data released on Thursday. Retail sales, an indicator of private spending, increased in nine provinces and...

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UK faces ‘choppy growth, rising inflation and rising income inequality’ – business live | Business

by on November 9, 2021 0

Hello and welcome to our continued coverage of the global economy, financial markets, euro area and business. The surge in risky asset prices this year has made them increasingly vulnerable to a drop if economic growth worsens, the pandemic escalates, or investors lose confidence. That’s the message from the US Federal Reserve, which is...

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Retail sales saw a 9% year-over-year increase, CAME says

by on November 7, 2021 0

Retail sales of small and medium-sized enterprises (SMEs) at constant prices grew 2.5% in October in the monthly comparison, while compared to the same month of 2020, the increase was 9.1% , as reported today by the Argentine Confederation of Medium Enterprises (CAME). Retail sales of small and medium-sized enterprises (SMEs) at constant prices...

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UK retailers see unexpected drop in retail sales

by on October 24, 2021 0

Retail sales in Britain fell for the fifth consecutive month, The Guardian reported. The 0.2% drop in September was unexpected, comes despite the removal of most pandemic-related restrictions, and marks the worst crisis since modern records began in 1996. The Office for National Statistics said sales volumes fell for household goods stores, drugstores, toy...

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Sharp slowdown in retail growth seen for the holidays

by on October 19, 2021 0

we retail sales are forecast to increase 6.7% for the November-December holiday shopping season, a sharp slowdown from the 14% growth seen from the start of the year through September. This is according to Customer Growth Partners, which also reports that the 6.7% gain in sales from the 2021 holidays is lower than the...

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Retail sales increase as consumers focus on goods rather than services and entertainment

by on October 17, 2021 0

Our monthly MoodyOnTheMarket.com analysis of nationwide retail sales is provided by the National Retail Federation, which advocates for retailers in Washington and across the country. Here is their latest review, dated October 15: Retail sales rose again in September, as concerns over the delta variant of COVID-19 pushed consumer spending toward merchandise rather than...

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Increase in retail sales; Walmart is testing text purchases

by on October 15, 2021 0

In today’s top retail news, the U.S. Department of Commerce says retail sales rose in September, although inflation may have something to do with it, as more traders might consider accepting cryptocurrency in the next few years. Additionally, Walmart is trying to expand its conversational commerce capabilities despite Amazon’s dominance, and Toyota is shifting...

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Australian DTC wine sales increase 17%

by on October 12, 2021 0

This in a context where overall wine sales in the industry increased by 1%. According to Wine Australia 2021 Direct Consumer Wine Survey Report, Online and cellar door sales experienced the strongest growth in value of DTC channels in 2020-2021. The survey showed that the turnover of cellar door sales increased by 22%, while...

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Retail sales in the United States grew 5.4% * year-on-year in September – Master Card

by on October 8, 2021 0

Total retail sales have been increasing each month, year over year, since September 2020, with consumer spending showing positive signs of recovery as the much-anticipated holiday season approaches. According to Mastercard ExpensesPulseMT, US retail sales excluding auto and gasoline increased 5.4% year-over-year in September and increased + 11.5% from September 2019. E-commerce sales continue...

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Klarna and FreedomPay Partner to Give Stores Across the US a Modern Makeover Before the Holidays

by on October 7, 2021 0

STOCKHOLM, October 7, 2021 / PRNewswire / – FreedomPay, a leading consumer-centric commerce platform, today announced an integration with Klarna, world leader in retail banking, payment and purchasing services. Starting today, FreedomPay U.S. merchants can offer Klarna’s flexible, interest-free payment solutions at checkout in-store, maximizing sales and bringing additional ease and convenience to shoppers...

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Massachusetts Supreme Court Renders Two Decisions Favoring Marijuana Companies | Partridge Snow & Hahn LLP

by on October 6, 2021 0

Two recent unanimous Massachusetts Supreme Court decisions confirm the supremacy of state marijuana laws over local zoning restrictions. The decisions also indicate a tendency by the Supreme Court of Justice to turn to the state’s policy of legalizing the sale of marijuana in the face of restrictive local orders. Both cases involve the same...

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Herbal Supplements Sales Hit All-Time Highs

by on October 5, 2021 0

Demand for elderberry and ashwagandha helped the herbal dietary supplement market reach record sales last year, with consumers turning to natural products marketed for conditions such as immune health and support. stress. For the first time, annual sales of herbal supplements in the United States have exceeded $ 10 billion, according to the Herbs...

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Online retail sales have doubled in 18 months

by on October 5, 2021 0

Online retail sales have doubled in 18 months Consumer confidence; Final retail trade; Site gauge Retail trade fell 1.7% in August. Online spending increased 15.1%. Consumer confidence rose for the fourth week in a row, rising 0.9% to a 12-week high. Construction Performance rose 14.9 points to 53.3 points in September. Retail business •...

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Retail Value Inc.Announces Sale of Continental U.S. Real Estate Portfolio and Declares Dividends on Preferred Shares and Series A Common Shares

by on October 1, 2021 0

BEACHWOOD, Ohio – (COMMERCIAL THREAD) – On October 1, 2021, Retail Value Inc. (NYSE: RVI) completed the sale of the previously announced portfolio of five continental United States properties for $ 264 million before closing costs, pro-rata and other adjustments of fencing. As a result of the transaction, the Company holds interests in three...

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