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January 16, 2021

SALES

Apple CEO Tim Cook’s new cash bonus sweetener not tied to bigger sales or profits

CNBC
by CNBC02
CNBC – For more and to sign up click here Apple chief executive Tim Cook interacts with Year 2 pupils in a classroom, during a visit to Woodberry Down Community Primary School in Harringay, north London, to view how the school, which is part of the New Wave Federation group......
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TREASURIES-Yields fall on weak retail sales, Biden tax fears

Reuters
by Reuters01
(Adds fresh prices, Gundlach tweet) By Karen Brettell and Herbert Lash NEW YORK, Jan 15 (Reuters) - U.S. Treasury yields fell on Friday after retail sales data came in below economists' expectations and following President-elect Joe Biden's proposed $1.9 trillion stimulus program. Yields jumped ahead of Biden’s announcement late on......
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With a lot of optimism and vaccine hopes, U.S. auto sales could increase as much as 10% in 2021

CNBC
by CNBC05
CNBC – For more and to sign up click here A car dealer shows a vehicle to customers at a dealership in Jersey City, New Jersey. Angus Mordant | Bloomberg | Getty Images U.S. automakers are suffering from the deepest sales decline in decades, the country is still politically divided......
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Nordstrom shares drop as retailer says holiday sales tumbled 22%

CNBC
by CNBC06
CNBC – For more and to sign up click here A person walks into the Nordstrom store open for business as New York City moves into Phase 2 of re-opening following restrictions imposed to curb the coronavirus pandemic on June 29, 2020 in New York, New York. Rob Kim |......
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Target’s holiday same-store sales jump 17% as it holds on to some of its pandemic gains

CNBC
by CNBC08
CNBC – For more and to sign up click here Target said Wednesday comparable sales rose 17.2% in November and December, as customers bought matching pajamas and gingerbread house kits to celebrate a cozy holiday at home during the pandemic. While online sales remained robust, shoppers also visited Target’s stores......
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Urban Outfitters shares tumble on disappointing holiday sales, retailer taps Harrington as CEO

CNBC
by CNBC09
CNBC – For more and to sign up click here Shoppers with their Urban Outfitters shopping bags in Soho in New York Richard Levine | Corbis | Getty Images Urban Outfitters shares tumbled Tuesday after the apparel retailer reported disappointing holiday sales and announced its current chief executive is set......
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Retail sales in 2020 worst on record, says BRC trade body

BBC
by BBC01
https://www.bbc.co.uk/news/business-55625246 The BRC’s sales monitor is collated with the consultancy KPMG, whose UK head of retail, Paul Martin, said: “In the most important month for the retail industry, there was some positive growth due to the ongoing shift of expenditure from other categories such as travel and leisure. BBC –......
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Crocs shares soar on raised sales outlook through 2021

CNBC
by CNBC011
CNBC – For more and to sign up click here Victor J. Blue | Bloomberg | Getty Images Crocs shares soared Monday after the retailer raised its outlook for the fourth quarter, and said it expects sales in 2021 to accelerate as much as 25%, building on the brand’s momentum......
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Lululemon forecasts fourth-quarter earnings and sales at the top end of outlook thanks to strong holidays

CNBC
by CNBC011
CNBC – For more and to sign up click here Pedestrians seen walking past Canadian athletic apparel retailer Lululemon in Shanghai. Alex Tai | SOPA Images | LightRocket | Getty Images Lululemon said Monday it’s now expecting earnings and sales for the fourth quarter to come in at the high......
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Samsung Elec flags fourth quarter profit rise on chip, display sales

Reuters
by Reuters01
By Joyce Lee, Heekyong Yang SEOUL (Reuters) – Samsung Electronics Co Ltd said on Friday its fourth quarter operating profit likely rose 26% as coronavirus pandemic driven remote working and TV-watching fuelled sales of chips and display panels. FILE PHOTO: The logo of Samsung Electronics is seen at its office......
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Walgreens shares surge after its earnings top estimates, fueled by higher drug sales

CNBC
by CNBC09
CNBC – For more and to sign up click here People wear protective face masks outside Walgreens pharmacy in Union Square as the city continues Phase 4 of re-opening following restrictions imposed to slow the spread of coronavirus on September 24, 2020 in New York City. Noam Galai | Getty......
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Bed Bath & Beyond shares plummet as retailer’s earnings fall short; store closures, divestitures weigh on sales

CNBC
by CNBC06
CNBC – For more and to sign up click here Bed Bath & Beyond shares plummeted Thursday, after the retailer reported a quarterly sales decline of 5% from a year ago, which it said was largely due to the sale of non-core assets like Cost Plus World Market and ongoing......
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Apple touts record App Store holiday sales as tensions with software companies rise

CNBC
by CNBC09
CNBC – For more and to sign up click here A customer exits after picking up Apple’s new 5G iPhone 12 that went on sale, as the coronavirus disease (COVID-19) outbreak continues, at an Apple Store in Brooklyn, New York, October 23, 2020. Brendan McDermid | Reuters Apple‘s App Store......
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