UK retail sales remained weak throughout the summer and the outlook remains soft, according to new figures. But the picture seems to be easing, the latest CBI monthly Distributive Trades Survey showed. Photo: Pexels Headline retail sales volumes fell for the third consecutive month in the year to August, although the survey doesn’t tell us [...]read moreUK’s summer retail sales were flat, outlook soft too
Online spending growth in Britain slowed to just 1.5% last month as a sharp rise in grocery prices suppressed discretionary spending, new Adobe Analytics figures have shown. Asos The data also showed that spending via Buy Now Pay Later (BNPL) services was flat year on year for the first time. Britons spent £8.1 billion online [...]read moreUK online sales growth slows, fashion struggles, BNPL is flat
By Reuters Published May 9, 2024 Italian eyewear maker Marcolin reported on Thursday net sales of 145.6 million euros ($156.4 million) in the first quarter, broadly flat compared with a year earlier on a like-for-like basis, as its main investor looks for a buyer. Tom Ford Marcolin’s main shareholder, private equity firm PAI Partners, earlier [...]read moreItalian eyewear maker Marcolin posts flat revenues in first quarter
Realtor.com parent company Move Inc. saw its fiscal third-quarter revenue decrease 6 percent yearly to $132 million as traffic to the site stalls at 72 million average monthly unique visitors. At Inman Connect Las Vegas, July 30-Aug. 1, 2024, the noise and misinformation will be banished, all your big questions will be answered, and new business [...]read moreRealtor.com Revenue Drops 6% As Traffic Growth Remains Flat
The good news for the housing market is that the pace of sales is gradually improving due to the expanded supply. More homes are available to buy and, therefore, more homes are being bought. Elevated mortgage rates slow demand so that inventory grows, but in years past, the total sales volume has been restricted by [...]read moreHome price signals point to flat growth
Rivian has a challenging year ahead — and the first quarter is off to a tepid start. The EV startup announced Tuesday that it built 13,980 vehicles and delivered 13,588 of them in the first quarter of 2024. Both of those figures are down from the fourth quarter of 2023, where it built 17,541 and [...]read moreRivian started a tough year on a flat foot
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