Caitlin Clark, Angel Reese lead huge spike in WNBA merch sales
Caitlin Clark and Angel Reese made huge contributions to the WNBA, setting television ratings records and selling out arenas with their on-court play during their rookie seasons. Now you can add increasing product sales to that list. WNBA Retail Partners, An enthusiastic fan told TMZ The company announced Tuesday that sales for the first half […]
Porsche Eases Off Transition to Electric Vehicles amid Low Sales
German luxury car maker Porsche is slowing down its transition to electric vehicles as it takes longer than planned. The company announcement The automaker set a goal on Monday of making 80% of its sales electric vehicles by 2030, according to Reuters. It is worth noting that the Porsche Taycan has been described as a […]
US Home Sales Hit 13-Year Low as Prices Soar to Record Highs
U.S. existing home sales fell to the lowest level since 2010 last month as sellers waited for lower mortgage rates and buyers were discouraged by soaring prices. Existing home sales fell 5.4% from May to an annualized rate of 3.89 million, according to data released Tuesday by the National Association of Realtors (NAR), marking the […]
Home prices smashed another record in June as sales slump
Orlando-area real estate agent and TikTok creator Freddie Smith talks Florida’s expensive market and his best advice for achieving homeownership. Cost Buying a new home A new report shows it has hit another all-time high. According to data released by the National Association of Realtors, the median sales price of existing homes in the U.S. […]
Coca-Cola raises annual sales, profit forecasts on steady demand
Gargi Chaudhuri, Chief Investment and Portfolio Strategist at BlackRock, discusses the value rally and earnings growth potential of small-cap stocks on “The Craman Countdown.” Coca-Cola on Tuesday raised its full-year organic sales and profit outlook, signaling that consumers, mainly in international markets, are willing to spend more for the company’s higher-priced sodas, energy drinks and […]
McDonald’s aims to extend $5 meal deal to keep customer sales trek going
McDonald’s seems to be loving its $5 meal deal and the lure it has had on customers — so much so that the chain is planning to continue the deal past its planned retirement. The deal, which gives customers a choice between a McDouble or a McChicken sandwich paired with a small order of fries, […]
Home Prices Dip for First Time off Crazy Spike, Price Reductions Surge, Sellers Emerge, House Sales Drop Year-over-Year, Inventories & Supply Keep Rising
Estimated Reading Time: 2 minutes “Normalization” or “deceleration,” as this phenomenon is called, is setting in Prices of existing single-family houses, condos, and co-ops dipped in July, reverting to seasonality for the first time since 2019, amid surging price reductions. Single-family house sales dropped 4.1% in July, from a year ago, the first decline since […]
Bud Light collapse continues as beer sales plummet to third place
Bud Light’s transgender fiasco appears to continue to take its toll on the brand. Reports found Among beers, it has fallen from second to third place. Bud Light has been the target of a nationwide boycott after transgender activists announced a partnership with the company to celebrate the “100 Days of Girlhood” campaign on social […]
Retail sales in Great Britain slump by 1.2%; government borrowing figure for June is lowest since 2019 – business live | Business
Important Events Retail sales in the second quarter declined 0.1% from the first quarter, contributing little to GDP growth. Rob WoodThe chief UK economist at Pantheon Macroeconomics said this left his second-quarter GDP growth forecast unchanged at 0.6%, compared with the Bank of England’s forecast of 0.5%. “This is due to strong consumer spending on […]
Amazon Prime Day 2024 breaks record, US online sales hit $14.2B
According to Adobe Analytics research, U.S. shoppers spent a record $14.2 billion through the online retailer during Amazon’s two-day Prime Day sale, up 11% from last year and in line with expectations. E-commerce giant Amazon announced Thursday that the 2024 event will be its biggest Prime Day sale ever. According to market research firm Numerator, […]