Retail giant Home Depot offers a ray of hope to investors and consumers by asserting that the worst inflationary storm is behind us despite declining sales.
Tags: Sales
Starbucks Sees Declining Sales as More Consumers Step Away From High-Priced Coffee
The coffee giant's global sales dropped by 3% at all stores open for at least a year. Starbucks' sales tumbled globally as more US and international consumers rejected its high-priced coffees.
Walmart Announces Deals Sale to Compete with Amazon’s Prime Day
Walmart is set to hold its Deals sale from July 8 to 11, a week before Amazon’s Prime Day, and is expected to outmaneuver the Amazon event profit-wise as it is open for everyone.
CDK Still Reeling from Cyberattack as Dealers Improvise to be Productive
CDK Global said that it would likely take several days to fix its system after it was hacked last week, urging affected dealerships to use alternative methods to become more productive.
US Retail Spending in May Disappoints as Sales Increase by Only 0.1%
Retail sales fell in May as Americans struggled with increasing prices. A customer shops at a Safeway store on June 11, 2024 in Mill Valley, California.
Latest News
Reports by SuperData indicated a downward sales projection for PlayStation VR. Contrary to the high estimated sales the firm released earlier this year, the projected units that would be sold by the end of this year dropped to 750,000.
The Toronto Real Estate Board released sales statistics that show an increase of 23% year-over-year on home prices in November. The Toronto region has experienced strong price gain, and TREB has urged the government to launch initiatives focused on alleviating the lack of supply.
DocSend received a new investment round totaling in $8 million to enhance its service on documents sharing and documents analytics. The startup has been focusing in documents as the core of most business deals.
The Korean electronic giant predicted a high increase of profit in its earning guidance. Successful sales of Galaxy 7 flagship product is the main contributor for the profit growth.
Clothing and accessories sector is outpacing other sectors in e-commerce sales. Some factors, including better shipping and return policies and changes in mobile uses, are encouraging more people to make more small purchases online.
Meizu already unveiled its newest model m3 note. The Chinese OEM is keeping its concept of quality devices with affordable prices, which makes the brand popular in China’s market.
Samsung is establishing itself as India’s number one smartphone manufacturer. The company credits strong sales for its new series of mid-tier products with new special features.
Fever-Tree founders have reportedly sold their shares worth £18 million in total as a result of demands by investors. However, they claim to still be sticking with the business and still have the majority of their shares.
Tesla announced parts shortage as the factor that caused the company to miss its initial sales target for the first quarter of 2016. The company, however, retains its guideline for the full year as it already solved the root of the problem accordingly.
