Latest Sales figures News

FILE - In this file photo dated Tuesday, Sept. 4, 2018, a Nike company logo is displayed outside a Nike store in Charlotte, N.C. Nike appears to have recovered from its pandemic slump, posting a solid quarterly profit driven by soaring online sales of its sneakers and workout apparel. The world's largest sports apparel maker on Tuesday, Sept. 22, 2020 reported a net profit of $1.5 billion profit, or 95 cents per share, in the three-month period ending Aug. 31, up 11% from the same 2019 quarter. (AP Photo/Chuck Burton, file)

Nike shakes off pandemic blues with surging online sales

Sep. 22, 2020 6:32 PM EDT

NEW YORK (AP) — Nike appears to have recovered from its pandemic slump, posting a solid quarterly profit driven by soaring online sales of its sneakers and workout apparel. The world's largest sports apparel maker on Tuesday reported a net profit of $1.5 billion profit, or 95 cents per share, in the...

FILE - In this Saturday, Aug. 1, 2020, file photo, people walk past an image of an iPhone displayed at an Apple store in Ahmedabad, India. Apple announced Friday, Sept. 18, that it will launch its first online store in India next week, as it seeks to increase sales in one of the world’s fastest-growing smartphone markets. The company at present uses third-party online and offline retailers to sell its products in the country. (AP Photo/Ajit Solanki, File)

Apple to launch first online store in India next week

Sep. 18, 2020 3:46 AM EDT

NEW DELHI (AP) — Apple announced Friday that it will launch its first online store in India next week, as it seeks to increase sales in one of the world’s fastest-growing smartphone markets. The company at present uses third-party online and offline retailers to sell its products in the country....

Passers-by examine a storefront window, Tuesday, Sept. 15, 2020, in Boston's fashionable Newbury Street shopping district.  The U.S. Commerce Department said Wednesday that retail sales rose 0.6% last month, the fourth straight month of growth.   (AP Photo/Steven Senne)

Retail sales rise for 4th straight month as growth slows

Sep. 16, 2020 10:08 AM EDT

NEW YORK (AP) — Americans kept spending in August, but the pace of that growth is slowing as millions of people who lost jobs have now lost a $600 a week boost in their unemployment checks. Retail sales rose 0.6% last month, the fourth consecutive month of growth, the U.S. Commerce Department said...

Visitors wearing face masks to protect against the coronavirus look at a Tesla Model X SUV on display at the China International Fair for Trade in Services (CIFTIS) in Beijing, Saturday, Sept. 5, 2020. China's car sales rose 6% in August over a year earlier as the industry's biggest market recovered from the coronavirus pandemic, but purchases for the year to date were off more than 15%, an industry group reported Thursday, Sept. 10, 2020. (AP Photo/Mark Schiefelbein)

China auto sales up 6% in August, down 15.4% year-to-date

Sep. 10, 2020 5:31 AM EDT

BEIJING (AP) — China’s car sales rose 6% in August over a year earlier as the industry’s biggest market recovered from the coronavirus pandemic, but purchases for the year to date were off more than 15%, an industry group reported Thursday. Sales of sedans, SUVs and minivans rose to 1.7...

Toy maker Lego sees solid sales boost despite coronavirus

Sep. 2, 2020 4:08 AM EDT

COPENHAGEN, Denmark (AP) — Danish toy company Lego saw its half-year sales rise solidly despite headwinds posed by the coronavirus pandemic, as it benefited from long-term investments in e-commerce and product innovations. It said Wednesday that overall sales rose 7% to 15.7 billion kroner ($2.5 billion)...

FILE - In this May 18, 2020 file photo, Gus Promollo delivers an order into a customer's trunk at Dick's Sporting Goods in Paramus, N.J.  At home workouts and outdoor athletic activities are shaping up to be good business for Dick’s Sporting Goods. The retailer’s second-quarter results easily beat Wall Street’s expectations, Wednesday, Aug. 26,  as consumers continue to focus on health and wellness while stuck at home amid the coronavirus pandemic. (AP Photo/Seth Wenig, File)

No sweat: Dick's crushes 2Q as consumers focus on fitness

Aug. 26, 2020 3:02 PM EDT

At home workouts and outdoor athletic activities are shaping up to be good business for Dick's Sporting Goods. The retailer's second-quarter results easily beat Wall Street's expectations as consumers continue to focus on health and wellness while stuck at home amid the coronavirus pandemic. While many consumers...

FILE - In this Wednesday, May 27, 2020, file photo, shoppers walk past a Nordstrom window display at The Grove shopping center in Los Angeles. On Tuesday, Aug. 25, 2020, Nordstrom Inc. reported a larger-than-expected loss and a 53% drop in sales for its fiscal second quarter, during which the pandemic forced the upscale department store chain to temporarily close its stores. (AP Photo/Marcio Jose Sanchez, File)

Nordstrom's 2Q sales down 53% hurt by pandemic fallout

Aug. 25, 2020 6:05 PM EDT

NEW YORK (AP) — Nordstrom Inc. on Tuesday reported a larger-than-expected loss and a 53% drop in sales for its fiscal second quarter, during which the pandemic forced the upscale department store chain to temporarily close its stores. The Seattle-based retailer's business was also hurt by the shift of its...

In this Aug. 27, 2019 photo, the Best Buy logo is shown on a store in Richfield, Minn.  Best Buy Co. reported that online sales more than tripled in the fiscal second quarter, Tuesday, Aug. 25, 2020, as shoppers bought computers, tablets and large appliances to help them cook, work and learn from home during the pandemic.    (AP Photo/Jim Mone)

Best Buy's 2Q online sales surge but challenges remain

Aug. 25, 2020 12:49 PM EDT

NEW YORK (AP) — Best Buy Co. reported that online sales more than tripled in the fiscal second quarter, as shoppers bought computers, tablets and large appliances to help them cook, work and learn from home during the pandemic. Overall, the nation's largest consumer electronics chain, based in Richfield,...

FILE - In this Tuesday, Aug. 4, 2020 file photo, people walk through the parking lot at a Target store in Oklahoma City. Target has reported that its sales as measured by a key metric registered their strongest performance to date for the company’s fiscal second quarter. It's the latest evidence that big-box stores are becoming consumers' prime shopping destinations during the pandemic.  (AP Photo/Sue Ogrocki, File)

Target sales surge as Americans lean on big box stores

Aug. 19, 2020 3:35 PM EDT

NEW YORK (AP) — Target reported the largest quarterly sales growth, including an online sales spike, in its 58-year-history, the latest evidence that Americans are consolidating their trips to big box stores and pivoting their spending to around the home during the pandemic. Target said that online sales...

FILE-  In this March 22, 2020 file photo customers wearing masks walk into a Lowe's home improvement store in the Canoga Park section of Los Angeles. A massive surge in online sales and increased business at its U.S. stores helped push Lowe’s second-quarter performance above analysts’ estimates. Similar to rival Home Depot, Lowe’s Cos. has experienced stronger interest in its products as people continue to stay home amid the virus outbreak.  (AP Photo/Mark J. Terrill, File)

DIY projects ramp up in pandemic, and so do sales at Lowe's

Aug. 19, 2020 11:30 AM EDT

Home improvement retailer Lowe's Cos. became the latest big box retailer to report surging sales during the fiscal second quarter as Americans are finding more ways to improve their home during the pandemic. Comparable store sales in the U.S. spiked 35.1% at Lowe's, and online orders more than doubled. The...