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  • BREAKING NEWS
45 minutes ago

TRAFFIC ALERT: Crash involving big rig hauling lumber closes I-95 in Volusia

A semi involved in a crash on I-95 forces troopers to close the interstate in Volusia County.

2 dense fog advisories in effect for 6 regions in the area

See the complete list

BREAKING NEWS

TRAFFIC ALERT: Crash involving big rig hauling lumber closes I-95 in Volusia

2 dense fog advisories in effect for 6 regions in the area

SALES


Prince Harry's Spare becomes UK's fastest-selling non-fiction book

The much-publicised memoir Spare sells almost 500,000 copies in its first week.

bbc.co.uk

December sales bounce due to price rises not shopping sprees

Total retail sales jumped by almost 7% but price rises meant shoppers bought less but spent more.

bbc.co.uk

Aldi boss: Shoppers are 'switching in their droves'

The discounter gains 1.5 million new customers in 12 weeks, says UK chief executive Giles Hurley.

bbc.co.uk

KitKat maker Nestle puts up prices again

The Swiss food giant has increased prices by 6.5% due to "unprecedented" rises in costs.

bbc.co.uk

Retail sales fall at fastest rate since lockdown

The current drop in sales has not been seen "since the depths of the pandemic", a UK retail body says.

bbc.co.uk

Shoppers spent less for second month in a row, says BRC

Shoppers are buying footwear and beauty items, but not furniture and electronics, new figures suggest.

bbc.co.uk

It's Electric: Chicago Auto Show Gives A Look At The Future Of EVs

Sales of EVs made up about 2.6% of the U.S. auto market in 2021, and they're expected to climb to 4% in 2022, according to Edmunds.

newsy.com

Amazon raises US price for Prime as profits jump

The increase to its membership fee applies to US customers, with no other announcements "at this time".

bbc.co.uk

Wetherspoons: Cocktail sales up but ales out, says pub chain

It said that younger customers were driving sales of cocktails, vodka and rum in the last 15 weeks.

bbc.co.uk

McDonald's sales surged 14% as virus restrictions eased

McDonald’s reported stronger-than-expected sales in the third quarter, boosted by larger orders and higher prices on the menu. Revenue jumped 14% to $6.2 billion in the July-September period, the Chicago burger giant said Wednesday. That beat Wall Street’s forecast of $6 billion, according to analysts polled by FactSet. Same-store sales, or sales at stores open at least a year, rose 12.7% as coronavirus restrictions eased in most markets. Per-share earnings of $2.86 also beat analysts’ forecast of $2.46.

wftv.com

Pub chain Wetherspoon reports record loss

The pub chain saw its sites closed for about 19 weeks under coronavirus-related restrictions.

bbc.co.uk

Next warns on Christmas warehouse staff shortages

The UK retailer calls for the government to relax immigration rules for workers.

bbc.co.uk

You won’t want to miss these back-to-school deals for students and teachers

We somehow made it to August, which means it’s back-to-school time for students and teachers everywhere.

How de-cluttering grew Facebook Marketplace to 1bn users

As Covid shut charity shops thrifty second-hand traders shifted online to bag a bargain, in droves.

bbc.co.uk

US private equity firm considers bid for Morrisons

Clayton, Dubilier & Rice has 28 days to formally bid for the UK's fourth-largest supermarket group.

bbc.co.uk

Buying a house? Here's where all-cash deals are most competitive

As a result, all-cash deals, which sellers favor, are rising in certain regions and at certain price points. All-cash sales now make up about 36% of the market, according to realtor.com. The highest share of all-cash sales is in Nassau County, New York, on Long Island, according to Redfin. Some markets are seeing a much lower share of cash buyers, such as Denver; San Diego; Oakland, California; and Washington, D.C. The middle-price tiers stayed about the same, and cash sales actually dropped in the $750,000-to-$1 million range.

cnbc.com

Amazon sales surge during record-breaking 2020 holiday shopping season

All rights reserved)Amazon is reporting record-breaking sales over the holiday shopping season so far. The company said on Tuesday that this year’s holiday shopping season has been its largest. Amazon said small and medium-sized businesses that use the platform took-in nearly $5 billion between Black Friday and Cyber Monday, a 60% jump from last year. The firm says sales grew 22% for the period from Thanksgiving Day and Cyber Monday. Analysts say it is evident that the pandemic is leading more people to shop online.

Another booming quarter for Walmart, but sales are slowing

NEW YORK – Walmart turned out another stellar quarter as the world’s largest retailer powers through a pandemic that has felled other national chains. The U.S. on Tuesday reported the slowest monthly retail sales since the spring when the pandemic seized up the economy. Sales at Walmart stores opened at least a year— a key barometer for a retailer's health — rose 6.4%. Online sales spiked almost 80% after nearly doubling in the previous quarter. That trend continued to manifest itself Tuesday at Walmart, and Home Depot as well, which reported a 23% quarterly sales surge.

Tesla sales fall short of expectations

Tesla sales rose, but not as much as expected; Apple wants more organ donors; and the Senate is done with Blackberry. CBS MoneyWatch's Jill Wagner has today's business headlines.

cbsnews.com

Thanksgiving, Black Friday online sales see big jump

On Thanksgiving and Black Friday, in-store purchases were down by about 10 percent from last year, but online purchases increased substantially. Jericka Duncan reports on the start to the holiday shopping season.

cbsnews.com

Cyber Monday's potential impact after drop in Thanksgiving weekend sales

Cyber Monday's potential impact after drop in Thanksgiving weekend sales The National Retail Federation says Thanksgiving weekend sales dropped 11 percent compared to last year. CBS News business analyst Jill Schlesinger joins "CBS This Morning" to discuss the drop in sales and how Cyber Monday could differ.

cbsnews.com
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