Latest Sales figures News
$1,400 stimulus checks helped March retail sales soar 9.8%
NEW YORK (AP) — Newly vaccinated and armed with $1,400 stimulus checks, Americans went on a spending spree last month, buying new clothes and going out to eat again. Retail sales surged a seasonally adjusted 9.8% in March after dropping about 3% the month before, the...
Auto sales rise 11% in 1Q on strong showing in March
DETROIT (AP) — U.S. auto sales rose more than 11% in the first quarter, as strong March sales far outpaced last year when coronavirus pandemic began. Automakers sold more than 3.9 million vehicles during the first three months of the year, with several major companies...
China's Huawei says 2020 sales rose despite US sanctions
BEIJING (AP) — Chinese tech giant Huawei said Wednesday it eked out higher sales and profit last year but growth plunged after its smartphone unit was hammered by U.S. sanctions imposed in a fight with Beijing over technology and security. China’s first global tech...
Free breadsticks and reasons for hope at Olive Garden
The company that runs the Olive Garden chain is raising pay for its workers and handing out one-time bonuses, a sign of optimism from the kind of casual sit-down restaurant that has been devastated by the pandemic. Darden Restaurants said Thursday that every hourly...
Homebound children drive surge in Lego sales
COPENHAGEN, Denmark (AP) — Sales of Lego sets surged last year as more children stayed home during global pandemic lockdowns - and parents bought the colorful plastic brick toys to keep them entertained through days of isolation. The privately-held Danish company said...
Wyoming lawmakers kill renewable energy tax increase bills
CASPER, Wyo. (AP) — Lawmakers in Wyoming have voted down two bills intended to increase the tax burden on companies generating electricity from solar or wind energy, which already pay property, sales and use taxes. The House Revenue Committee on Thursday voted to not...
Bed Bath & Beyond goes with something new to revive brand
NEW YORK (AP) — Bed Bath & Beyond will launch a slew of new store brands to lure younger customers in a bid to energize sales at the home retail chain. The chain will begin selling eight new store brands this year, six of them in the first half of 2021. ...
Target powers through a pandemic; 2020 sales growth explodes
NEW YORK (AP) — Target will plow $4 billion into its business each year for the next several years to redo its stores, add new ones and speed up delivery as the discounter aims to keep up with increasingly demanding shoppers shaped by the pandemic. As part of the...
U.S. pizza sales, booming in pandemic, start to slow
ANN ARBOR, Mich. (AP) — After a pandemic-fueled boom, U.S. pizza sales appear to be headed back to earth. Domino’s and Papa John’s pizza chains both said Thursday that their same-store sales lost steam in the fourth quarter compared to the huge increases they saw...
Macy's closes out a tough year with hope for 2021
NEW YORK (AP) — Macy's is looking ahead to a year of recovery and rebuilding from the pandemic as the iconic department store chain offered annual forecasts that beat Wall Street forecasts. Driving that optimism is Macy's push to accelerate online sales, while focusing...
