Latest Sales figures News

Shoppers walk in a rainstorm, Monday, Nov. 30, 2020 in New York. With people staying home as virus cases surge, Cyber Monday is expected to be the biggest online shopping day yet, bringing in nearly $13 billion in one day. (AP Photo/Mark Lennihan)

This holiday season, everyone is shopping from home

Nov. 30, 2020 5:42 PM EST

NEW YORK (AP) — The viral pandemic is accelerating a transformation of America's holiday shopping season. Few people showed up at the mall this weekend, with millions of pandemic-wary shoppers staying home to shop online. The result? Overall holiday sales are projected to rise a slight 0.9% in November...

FILE - In this Aug. 27, 2019 file photo, the Best Buy logo is shown on a store in Richfield, Minn.  On Tuesday, Nov. 24, 2020, Best Buy Co. reported fiscal third-quarter results that blew through analysts’ expectations as the nation’s largest consumer electronics retailer  saw surging demand for items like home theater and appliances that help people learn, cook, work and connect in their homes during the pandemic.   (AP Photo/Jim Mone)

Best Buy reports 3Q results that exceed Wall Street views

Nov. 24, 2020 11:42 AM EST

NEW YORK (AP) — Best Buy Co. reported fiscal third-quarter results that blew through analysts' expectations as the nation's largest consumer electronics retailer enjoyed surging demand for items like home theater and appliances that help people learn, cook, work and connect in their homes during the...

FILE - In this Nov. 29, 2019 file photo, a shopper carries a crockpot during Target's Black Friday sale, in the Borough of New York. The National Retail Federation, the nation’s largest retail group,  expects that holiday sales could actually exceed growth seen in prior seasons despite the uncertainty surrounding the pandemic. (AP Photo/Bebeto Matthews, File)

Retail trade group sees solid holiday sales despite pandemic

Nov. 23, 2020 1:31 PM EST

NEW YORK (AP) — The National Retail Federation, the nation's largest retail trade group, expects that holiday sales could actually exceed growth seen in prior seasons, despite all the uncertainty surrounding the pandemic. The reason? Shoppers are looking for opportunities to spend and celebrate the...

FILE - In this April 6, 2020 file photo, a customer wearing a mask carries his purchases as he leaves a Target store during the coronavirus pandemic, in the Brooklyn borough of New York. Target is the latest big U.S. retailer to show that it's prospering during the pandemic. The Minneapolis company reported Wednesday, Nov. 18 that its online sales surged 155% in the three months that ended Oct. 31. (AP Photo/Mark Lennihan, File)

Target gains steam heading into crucial holiday season

Nov. 18, 2020 11:49 AM EST

NEW YORK (AP) — Target is the latest big box U.S. retailer to show that it's prospering during the pandemic. The Minneapolis company reported Wednesday that its online sales surged 155% in the three months that ended Oct. 31. Sales at its stores opened for a least a year rose 10%. Customer traffic rose...

FILE - In this Nov. 5, 2020 file photo, a woman pushes a shopping cart to enter a Walmart in Rolling Meadows, Ill. Walmart turned out another stellar quarter as the world’s largest retailer powers through a pandemic that has felled other national chains. The  Bentonville, Arkansas-based retailer delivered a 56% increase in its fiscal third-quarter profits while revenue rose 5.3%. (AP Photo/Nam Y. Huh, File)

Another booming quarter for Walmart, but sales are slowing

Nov. 17, 2020 12:23 PM EST

NEW YORK (AP) — Walmart turned out another stellar quarter as the world’s largest retailer powers through a pandemic that has felled other national chains. But sales at stores opened at least a year slowed in the three months that ended with October compared with earlier this year as the pandemic...

FILE - In this Sept. 15, 2020 file photo, passers-by examine a storefront window, in Boston's fashionable Newbury Street shopping district. Retail sales in the U.S. grew a slower-than-expected 0.3% in October, even as retailers offered early holiday discounts online and in stores.  (AP Photo/Steven Senne, File)

Weak 0.3% US October sales gain spreads some holiday unease

Nov. 17, 2020 11:52 AM EST

NEW YORK (AP) — Retail sales in the U.S. grew a sluggish 0.3% in October, even as retailers offered early holiday discounts online and in stores. A surge in coronavirus infections nationwide and the expiration of a $600 weekly boost to unemployment checks over the summer has slowed spending by Americans...

A visitor walks past a car at Nissan Motor Co.'s showroom in Tokyo, Wednesday, Nov. 11, 2020. Nissan posted a loss of 44.4 billion yen ($421 million) for the fiscal second quarter, as the coronavirus pandemic slammed profitability, and the Japanese automaker fought to restore brand image tarnished by the scandal of its former star executive Carlos Ghosn, reported Thursday, Nov. 12, 2020. (AP Photo/Koji Sasahara)

Japanese automaker Nissan posts loss amid pandemic, scandal

Nov. 12, 2020 5:03 AM EST

TOKYO (AP) — Nissan posted a loss of 44.4 billion yen ($421 million) in the last quarter as the pandemic slammed profitability and the Japanese automaker fought to restore a brand image tarnished by a scandal centered on its former star executive Carlos Ghosn. Nissan Motor Co. had a profit of 59 billion...

A woman exits a car on display during a promotion held in a popular shopping district in Beijing on Sunday, Nov. 8, 2020. China's sales of vehicles including trucks and buses rose 12.5% over a year earlier in October as the industry recovered from the coronavirus, but total purchases in the year's first 10 months still were below pre-virus levels, an industry group reported Wednesday, Nov. 11, 2020. (AP Photo/Ng Han Guan)

China auto sales grow 12.5% in October, but down for year

Nov. 11, 2020 7:04 AM EST

BEIJING (AP) — China’s sales of vehicles including trucks and buses rose 12.5% over a year earlier in October as the industry recovered from the coronavirus, but total purchases in the year’s first 10 months still were below pre-virus levels, an industry group reported Wednesday. Sales in...

FILE - This Oct. 17, 2019 file photo shows a McDonald's sign along Interstate 40/85 in Burlington, N.C. McDonald’s sales improved throughout the second quarter, Tuesday, July 28, 2020,  as markets reopened globally, but the fast food giant still faces a bumpy recovery. (AP Photo/Gerry Broome, File)

Updated menu, celeb collaborations, pump McDonald's sales

Nov. 9, 2020 2:06 PM EST

McDonald’s U.S. sales roared back in the third quarter with new menu items and attention-grabbing celebrity collaborations. And the burger giant says more is coming. In a virtual meeting for investors Monday, McDonald's said a much-anticipated crispy chicken sandwich with pickles — an answer to...

FILE - This April 21, 2020 file photo shows a Hershey's chocolate bar with almonds in Philadelphia.  Hershey says its Halloween candy sales were up slightly this year despite lower enthusiasm for trick-or-treating amid the pandemic. Michele Buck _ chairman, president and CEO of The Hershey Co. _ said Friday, Nov. 6, 2020,  that earlier shipments of Halloween candy to stores helped boost sales.  (AP Photo/Matt Rourke, File)

Hershey's Halloween sales up despite fewer trick-or-treaters

Nov. 6, 2020 3:27 PM EST

Hershey says its Halloween candy sales were up slightly this year despite a lower turnout of trick-or-treaters amid the pandemic. Michele Buck — chairman, president and CEO of Hershey Co. — said Friday that earlier shipments of Halloween candy to stores helped boost sales. So did marketing messages...