Bud Light sales down nearly 30% year over year as rivals continue to climb
UFC President Dana White has responded by creating the official Bud Light UFC beer after the beer giant faced intense backlash for partnering with trans activist Dylan Mulvaney on Hannity. Anheuser-Busch InBev’s beleaguered Bud Light brand is still struggling to bring back the customers it lost after last year’s controversial partnership with transgender activist Dylan […]
H&M CEO Helena Helmersson quits as sales keep sliding, shares drop
H&M The CEO resigned unexpectedly on Wednesday and was replaced immediately by company veteran Daniel Herbert, as the Swedish fashion retailer struggles to improve sales and profitability. Sweden’s outgoing CEO Helena Helmarsson said she decided to step down after telling reporters the role was “very demanding” and she didn’t have the energy to continue. The […]
Gun sales spike after President Biden's announcement | FOX 5 News
Gun sales spiked on Thursday after President Joe Biden announced action to crack down on certain types of guns. Subscribe to … source
Philips to halt sales of sleep apnea machines in US after recall
Philips announced Monday that it will stop selling its sleep apnea machines in the United States, more than two years after the Dutch manufacturer began recalling the ventilators due to potential health risks. This movement looks like this Phillips agreed to a consent decree Negotiations with the Food and Drug Administration and the Department of […]
Biden makes economic sales pitch as campaign ramps up
The Biden administration this week sought to turn the economic tide around, touting major investments and major endorsements on the back of unexpectedly strong economic data. New polls show Americans' views on economic conditions are improving, but most are in negative territory, making it difficult for an administration that wants people to believe in an […]
Senate Democrat permits F-16 sales to Turkey following approval of Sweden into NATO
The top Senate Democrat, who oversees foreign affairs, said on Friday that he was giving the green light to selling F-16s to Turkey after Ankara's support for Sweden's membership in NATO. Sen. Ben Cardin (D-Md.), chairman of the Senate Foreign Relations Committee, said in a statement that he would authorize the sale of F-16s to […]
New Home Sales Surged 8% in December
U.S. new home sales were much stronger than expected as lower interest rates attracted buyers, according to data released Thursday by the Commerce Department. New home sales in December increased by 8% to an annual rate of 664,000 from the previous month's revised figure of 615,000. Total sales for the past three months have been […]
Dr Martens’ revenue plummets by a fifth as US sales plunge | Dr Martens
Dr Martins said its sales fell by nearly a fifth in the last three months of 2023 as US sales continued to decline and inflation-weary consumers continued to rein in spending. . The British bootmaker said in a trading update on Thursday that third-quarter sales were down 18% to £274m, and like many retailers it […]
Illinois Gov. J.B. Pritzker touts marijuana sales in state
Illinois Gov. JB Pritzker (D) raised eyebrows when he praised marijuana sales in the state. “For the third year in a row, Illinois adult-use cannabis sales have experienced record growth. We are building the most prosperous and accessible cannabis industry in the country, and we remain committed to repairing the damage of the past. We […]
Existing home sales in 2023 sank to lowest levels since 1995
As mortgage rates rose to the highest levels in more than 20 years and prices hit record highs, putting homeownership out of reach for many Americans, previously resident U.S. home sales fell to the lowest level in nearly 30 years in 2023. The National Association of Realtors announced Friday that the total number of existing […]