Latest Sales figures News

US retail sales up just 0.1 pct. after previous strong gain

Sep. 14, 2018 9:16 AM EDT

WASHINGTON (AP) — U.S. retail sales barely rose in August as consumers slowed their spending after a robust month of shopping in July. The Commerce Department said Friday that the value of purchases ticked up just 0.1 percent last month, the smallest increase in six months. But the sluggish figure may...

Sears sales decline improved in latest quarter; shares soar

Sep. 13, 2018 5:53 PM EDT

NEW YORK (AP) — Sears Holdings Corp., the struggling department store operator, said it key sales figure improved and its stock soared in after-hours trading Thursday. The company, which owns both Sears and Kmart, said sales fell 3.9 percent at established stores in its second quarter. That's an...

Kroger sees 2Q profit boost, but sales measure falls short

Sep. 13, 2018 10:18 AM EDT

NEW YORK (AP) — Kroger Co. reported a jump in fiscal second-quarter profit on an investment gain, but a key sales measure fell short of expectations. Kroger has been shifting the way it stocks shelves at its stores, along with expanding partnerships and its online shopping options. The company and its...

Got $1,100? Apple shows off its most expensive iPhone yet

Sep. 12, 2018 10:49 PM EDT

CUPERTINO, Calif. (AP) — Apple unveiled three new iPhones on Wednesday, including its biggest and most expensive model yet, as the company seeks to widen the product's appeal amid slowing sales. CEO Tim Cook showed off the iPhone XS Max, which has a bigger screen than the one on last year's dramatically...

Calling teen vaping 'epidemic,' officials weigh flavor ban

Sep. 12, 2018 2:53 PM EDT

WASHINGTON (AP) — U.S. health officials are sounding the alarm about teenage use of e-cigarettes, calling the problem an "epidemic" and ordering manufacturers to reverse the trend or risk having their flavored vaping products pulled from the market. The warning from the Food and Drug Administration on...

Rising interest rates mean fewer no-interest auto loans

Sep. 12, 2018 6:16 AM EDT

Since the early 2000s, zero percent annual percentage rate auto loans have been an important part of the car-buying landscape. Whether the vehicles were subcompact cars or heavy-duty trucks, zero percent APR offers seemed to be everywhere, particularly around big holiday sale weekends and the fall car-clearance...

Apple expected to unveil bigger, pricier iPhone on Wednesday

Sep. 11, 2018 3:47 PM EDT

SAN FRANCISCO (AP) — Apple is expected to unveil its biggest and most expensive iPhone on Wednesday as part of a lineup of three new models aimed at widening the product's appeal amid slowing sales growth. Most of the buzz is swirling around a rumored iPhone that is supposed to boast a 6.5-inch OLED...

Word on more China tariffs sends Asian stocks lower

Aug. 31, 2018 12:03 AM EDT

TOKYO (AP) — Asian shares fell Friday following a report that the Trump administration could put tariffs on $200 billion in Chinese goods as early as next week. KEEPING SCORE: Japan's benchmark Nikkei 225 lost nearly 0.2 percent to 22,830.03 in early trading. Australia's S&P/ASX 200 slipped 0.3 percent...

Abercrombie & Fitch's 2Q sales fall short; shares drop

Aug. 30, 2018 5:33 PM EDT

NEW ALBANY, Ohio (AP) — Abercrombie & Fitch Co. on Thursday reported second-quarter sales that fell short of Wall Street estimates, hurt by its Hollister division selling out of its summer clothing too soon in an unusually hot summer in Europe. Shares in the company based in New Albany, Ohio, fell 17...

Brown-Forman posts higher profit in 1st quarter

Aug. 29, 2018 3:59 PM EDT

LOUISVILLE, Ky. (AP) — Brown-Forman Corp. reported higher first-quarter net income Wednesday, fueled partly by strong overseas sales aimed at softening the short-term impact from tariffs. But the spirits company best known for its Jack Daniel's Tennessee Whiskey brand cautioned it's bracing for a period of...