Latest Sales figures News

A sale sign is displayed near the entrance of a Hallmark store Tuesday, Jan. 12, 2021, in Orlando, Fla.  Retail sales fell for a third straight month, as a surge in virus cases kept people away from stores and restaurants during the holiday shopping season.     The report released Friday is yet another sign that the pandemic is slowing the U.S. economy. Last month, the country lost jobs for the first time since the spring.(AP Photo/John Raoux)

U.S. retail sales fell in December for 3rd straight month

Jan. 15, 2021 9:04 AM EST

NEW YORK (AP) — Retail sales fell for a third straight month as a surge in virus cases kept people away from stores during the critical holiday shopping season. The report released Friday is yet another sign that the pandemic is slowing the U.S. economy. Last month, the country lost jobs for the first...

FILE - In this Tuesday, Feb. 25, 2020 file photo, a worker completes an electric car ID.3 body at the assembly line, during a press tour at the plant of the German manufacturer Volkswagen AG, VW, in Zwickau, Germany. Automaker Volkswagen tripled sales of battery-only cars last year as its new electric compact ID.3 came on the market ahead of tough new limits on auto emissions. (AP Photo/Jens Meyer, file)

Volkswagen sold 9.3 million cars in pandemic year, down 15%

Jan. 13, 2021 9:09 AM EST

FRANKFURT, Germany (AP) — German automaker Volkswagen said its global sales fell 15.2% during 2020 due to the COVID-19 pandemic but showed significant recovery toward the end of the year. The company more than tripled its sales of battery-only vehicles. Global sales for all of Volkswagen's brands amounted...

People wearing face masks to help curb the spread of the coronavirus look at a new Chinese-made  electric Li One SUV at a dealership in Beijing on Aug. 2, 2020. China's sales of SUVs, minivans and sedans fell 6% last year compared with 2019 after demand plunged due to the coronavirus and rebounded in the second half. (AP Photo/Andy Wong)

China's 2020 auto sales fall for third year amid coronavirus

Jan. 13, 2021 8:20 AM EST

BEIJING (AP) — China’s sales of SUVs, minivans and sedans fell for a third year in 2020 as the coronavirus hurt already weak demand in the industry’s top global market, an industry group reported Wednesday. Sales declined 6% compared with 2019 to 20.2 million, according to the China...

Tiffany posts holiday sales gain helped by China, online

Jan. 5, 2021 6:48 PM EST

NEW YORK (AP) — Tiffany & Co. on Tuesday reported a 2% gain in preliminary holiday sales, helped by strong sales in China and online. The New York-based jewelry company said its net sales for the Asia-Pacific region rose 20% for the Nov. 1 through Dec. 31 compared with the same time in 2019. That...

A long row of unsold 2021 QX50 sports-utility vehicles sits at an Infiniti dealership Sunday, Dec. 27, 2020, in Highlands Ranch, Colo.  U.S. auto sales are expected to be down only about 15% for the year, with the average price hitting a record high as sales bounced back during the second half of the year.  AP Photo/David Zalubowski)

Late sales rebound helps US automakers avoid 2020 disaster

Jan. 5, 2021 6:19 PM EST

DETROIT (AP) — Sales of new vehicles in the U.S. fell 14.6% last year, but a second-half rebound from a coronavirus-related plunge in the spring kindled optimism for a recovery later this year. Automakers on Tuesday reported selling 14.57 million new vehicles for the year, a far cry from the five previous...

FILE - In this June 24, 2019, file photo machines work on a Ford vehicle assembly line at Ford's Chicago Assembly Plant in Chicago.  American factories expanded at a faster pace last month, continuing a rebound from the coronavirus recession. The Institute for Supply Management, an association of purchasing managers, reported Tuesday, Sept. 1, 2020,  that its manufacturing index climbed to 56 in August from 54.2 in July. (AP Photo/Amr Alfiky, File)

US factories grew in December at fastest pace since mid-2018

Jan. 5, 2021 11:37 AM EST

WASHINGTON (AP) — American factories grew in December at the fastest pace in more than two years as manufacturing continued to weather the pandemic better than the battered services sector. The Institute for Supply Management reported Tuesday that its gauge of manufacturing activity rose to 60.7% last...

Tesla's annual sales up 36% but comes short of delivery goal

Jan. 2, 2021 10:25 AM EST

NEW YORK (AP) — Tesla's annual sales rose 36%, but the electric car company came short of its annual goal to deliver 500,000 vehicles. The company said Saturday that it delivered 499,500 for the year, including 180,570 SUVs and sedans for the October through December period. CEO Elon Musk set a goal of...

A Target employee places a curbside pickup purchase into the trunk of a customer in Jackson, Miss., Thursday, Nov. 5, 2020.  After a weak start to the holiday season for many mall-based retailers, the strugglers are making their final push in the final days before and the week after Christmas. Many are stepping up discounts while heavily promoting curbside pickup as a way to get shoppers, worried about being infected with  the virus,  to visit their stores. But experts believe that any burst of sales will be too little and too late to save some stores.  (AP Photo/Rogelio V. Solis)

The holidays could make or break struggling stores

Dec. 21, 2020 2:57 PM EST

NEW YORK (AP) — Clothing stores and specialty retailers are offering big discounts and heavily promoting curbside pickup in hopes of rescuing a lackluster holiday shopping season in which surging coronavirus cases have kept many shoppers at home. For some, it could be their last chance at survival. And...

Ray Bellia holds up personal protective masks and gloves, used by medical and law enforcement professionals, in the warehouse of his Body Armor Outlet store, Wednesday, Dec. 9, 2020, in Salem, N.H. Bellia's store rapidly evolved into one of the nation's 20 largest suppliers of personal protective equipment to states this past spring, according to a nationwide analysis of state purchasing data by The Associated Press. (AP Photo/Charles Krupa)

AP: Tight supplies for virus gear cost US states billions

Dec. 19, 2020 4:46 PM EST

Ray Bellia had a good business before the coronavirus pandemic. He topped $4 million in annual sales from his New Hampshire store that specialized in protective gear for police. Then he got a call from a buyer with the state of Massachusetts asking if he had anything that could protect people from COVID-19. As it...

Ray Bellia holds up personal protective masks and gloves, used by medical and law enforcement professionals, in the warehouse of his Body Armor Outlet store, Wednesday, Dec. 9, 2020, in Salem, N.H. Bellia's store rapidly evolved into one of the nation's 20 largest suppliers of personal protective equipment to states this past spring, according to a nationwide analysis of state purchasing data by The Associated Press. (AP Photo/Charles Krupa)

AP: States spent over $7B competing for early virus supplies

Dec. 19, 2020 9:40 AM EST

Ray Bellia had a good business before the coronavirus pandemic. He topped $4 million in annual sales from his New Hampshire store that specialized in protective gear for police. Then he got a call from a buyer with the state of Massachusetts asking if he had anything that could protect people from COVID-19. As it...