September 29, 2022
“Bed Bath & Beyond on Thursday said sales plunged by 28% in the fiscal second quarter, as the home goods retailer struggled to draw customers… Bed Bath reiterated its full-year outlook, saying it anticipates comparable sales to decline by about 20%… Continue Reading…
September 15, 2022
“…Advance retail sales for the month increased 0.3% from July, better than the Dow Jones estimate for no change. The total is not adjusted for inflation, which increased 0.1% in August, suggesting that spending outpaced price increases. Inflation as gauged by the consumer… Continue Reading…
July 15, 2022
“…The Dow Jones Industrial Average popped 532 points, or 1.74%. The S&P 500 jumped 1.35% and Nasdaq Composite added 1.06%, but stocks remained on track for weekly losses. A new round of bank results from Wells Fargo and Citigroup offered further insight into the state… Continue Reading…
July 7, 2022
“…The global games and services market is forecast to contract 1.2% year-on-year to $188 billion in 2022, according to research from market data firm Ampere Analysis. The sector expanded 26% from 2019 to 2021, reaching a record $191 billion in… Continue Reading…
April 4, 2022
“Ford Motor’s U.S. sales of new vehicles declined 17% during the first quarter, including a 26% slide last month, as the automaker continues to battle a global shortage of semiconductor chips. The automaker on Monday reported first quarter sales of 432,132… Continue Reading…
March 16, 2022
“Growth in U.S. retail sales slowed in February after surging a month earlier, suggesting that consumers tempered their spending in some categories as inflation limited purchasing power. The value of overall retail purchases increased 0.3 per cent, after an upwardly… Continue Reading…
February 18, 2022
“Sales of previously owned homes in January rose 6.7% from December to a seasonally adjusted annualized rate of 6.5 million units, according to the National Association of Realtors. That exceeded Wall Street expectations significantly. Sales were 2.3% lower compared with… Continue Reading…
February 16, 2022
“…Retail sales for the month rose 3.8%, much better than the 2.1% Dow Jones estimate. The numbers are not adjusted for inflation; the 0.6% rise in the consumer price index for the month helped push a reversal from the 2.5% sales… Continue Reading…
February 15, 2022
“Taco Bell is accelerating its growth outside the U.S., opening 25% of its international restaurants in just the last two years. The Yum Brands chain announced Tuesday that it opened its 100th restaurant in Spain. The chain said it’s on track to… Continue Reading…
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