Jennifer Hyman, Rent the Track Scott Mill | CNBC As some buyers think twice before buying, Rent the track takes a bump. The fashion rental and subscription company on Wednesday reported higher quarterly revenue that beat expectations and raised its financial outlook for the year as customers opted to borrow designer clothes instead of buying …
You’re here (TSLA) sold a record number of Chinese-made vehicles in November, according to data released Monday by the electric vehicle giant. However, multiple reports on Monday said Tesla also plans to cut electric vehicle production in China as demand appears to be weakening. Tesla stock fell on Monday. X The electric vehicle giant on …
Tesla hits record monthly sales, reports China production cuts Read More »
Home sellers should brace for a tough year ahead, with a real estate group predicting that property sales could fall in 2023 as more buyers are sidelined by rising mortgage rates and house prices out of reach. The number of homes sold will likely plunge 14.1% to 4.53 million homes, the lowest number of real …
Home sales could plunge in 2023. These cities could experience the biggest declines. Read More »
RALEIGH- Inflation is sky-high, mortgage interest rates have skyrocketed this year, and there are signs that national and state economies are deteriorating. But that doesn’t discourage the sale of mansions and estates priced above $2.5 million in the Triangle and Triad regions. Since July 1, 29 homes have sold for more than $2.5 million, with …
Triangle Luxury Home Sales Not Slowing | WRAL Tech Wire Read More »
Wrentham officials have warned of traffic delays as early risers hit the road early on Black Friday to try to get some serious business at Massachusetts stores. The Wrentham Outlets, which were closed on Thanksgiving, opened before sunrise. Traffic was jammed on Interstate 495 approaching outlets before 9 a.m. “Everyone seems happy and nice despite …
Traffic backups increase as shoppers search for Black Friday deals at Mass stores. Read More »
Shoppers walk past a sale sign as Black Friday sales begin at The Outlet Shoppes of the Bluegrass in Simpsonville, Kentucky on November 26, 2021. Jon Cherry | Reuters Major retailers are under intense pressure to deliver on Black Friday after several reported slowing sales ahead of the holiday shopping season. Macy’s, Target, Kohls, Difference …
Retailers are under pressure to turn deep discounts into big sales on Black Friday Read More »
Following in the footsteps of Target and Walmart, Best Buy detailed its plans for the Black Friday shopping holiday this week, and its schedule looks a lot like other retailers. In terms of sales, Best Buy has the expected slate of TVs, appliances, video games, computers, streaming devices, and more. Note: MacRumors is an affiliate …
Best Buy unveils Black Friday plans with sitewide sales available now Read More »
U.S. retailers are facing their first real revenue drop since the global financial crisis this holiday season, even as resilient consumer spending poses challenges for officials seeking to tame inflation. Black Friday, the informal start of peak shopping season, falls at a turning point for consumer spending this week as the highest inflation since the …
US retailers face first real sales drop since financial crisis Read More »
The words Black Friday used to conjure up images of frantic shoppers rushing to stores and to their computers to unearth as many bargains as possible. This year it’s likely to be a more low-key affair, with non-essential spending set to fall due to cost-of-living pressures and FIFA World Cup distractions. Britons are expected to …
Black Friday could lose its shine as football and inflation hit online sales Read More »
The stock market traded mixed late in the afternoon as home sales fell and negative news on the economy outweighed strong earnings reports from the retail sector. X The Nasdaq composite fell 0.2% and the S&P 500 gained 0.2%. The Dow Jones Industrial Average gained 0.1%. The Russell 2000 Small Cap Index rose 0.2%. Volume …
Stock market mixed as home sales slow, offsetting pink retail profits, forecast Read More »
