Tag Archives: sales

Biggest fall in UK retail sales in seven years

UK retail sales posted their biggest quarterly fall in seven years in March, as the prices of everyday goods continued to climb. By volume, sales were down 1.4% on the preceding quarter, and down 1.8% compared with February 2017, according to the Office for National Statistics. In the quarter, they fell across all types of shop except those selling textiles, clothing and footwear. But the total amount spent was still higher than a year ago. ‘Clouds gathering’ Kate Davies, senior statistician at the ONS, said: “This is the first time ...

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Nintendo Switch sales are off to a roaring start

We played the Nintendo Switch Nintendo fans can’t get enough of the Switch. Literally. The company’s latest console just became the fastest selling video game system in the U.S. in the company’s history. Demand is so high that Nintendo(NTDOF) says it can’t ship enough devices to meet it. The console sold more than 906,000 units in the U.S. last month, the Japanese company said, citing data from industry tracker NPD Group. Nintendo needed a hit after its previous console, the Wii U, flopped. But it’s still too early to tell ...

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Neverending success? Olive Garden sales boom

Why Barilla says pasta is healthy The owner of the Olive Garden is making a cheesy acquisition. And investors love it. Darden Restaurants announced late Monday that it was buying Cheddar’s Scratch Kitchen, a casual dining chain with 165 restaurants in 28 states, for $ 780 million cash. The company also announced earnings and sales that topped forecasts. Shares of Darden(DRI) rose 7% in early trading on the news and hit an all-time high. The Cheddar’s deal gives Darden another brand that is regionally popular but does not have a ...

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GameStop’s revenue craters on weak fourth-quarter sales, will close more stores

For years, GameStop has managed to maintain a significant lock on the physical games sale business, even as online sales of games and consoles became more popular online. The company’s current business model may have hit the hard wall of shifting consumer tastes according to its own fourth quarter results. GameStop’s physical game sales were down by 15 percent this quarter. Excluding Pokemon, sales of the top eight physical titles on the market fell 40 percent year-on-year compared with 2015. Hardware sales declined 29.1 percent, and overall game sales fell ...

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GameStop’s revenue craters on weak fourth-quarter sales, will close more stores

For years, GameStop has managed to maintain a significant lock on the physical games sale business, even as online sales of games and consoles became more popular online. The company’s current business model may have hit the hard wall of shifting consumer tastes according to its own fourth quarter results. GameStop’s physical game sales were down by 15 percent this quarter. Excluding Pokemon, sales of the top eight physical titles on the market fell 40 percent year-on-year compared with 2015. Hardware sales declined 29.1 percent, and overall game sales fell ...

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Top 10 UK Sales Chart – Mass Effect: Andromeda Ends Ghost Recon's Reign, Debuts At No.1

Mass Effect: Andromeda has shot to No.1 in the UK physical games chart in its debut week, bringing Ghost Recon: Wildlands‘ reign at the top to an end. Ubisoft’s open-world title drops to No.2 as a result, forcing Lego Worlds down to No.3. The chain reaction continues below that, as Horizon Zero Dawn dips to No.4 and the evergreen Grand Theft Auto V returns to No.5 (down from No.3 and No.4, respectively). The remainder of the chart sees little change, week-on-week: The Legend of Zelda: Breath of the Wild holds ...

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Apple announces a new, cheaper iPad in hopes of stopping sales slump

Apple doesn’t move iPads like it used to, but that’s true of all tablets. The Cupertino company has been hard at work trying to come up with reasons for people to upgrade. Make it bigger? Offer a stylus? Now Apple is just trying a lower price. The new iPad (it’s just “iPad”) was announced Tuesday without an event. Apple likes its events, but I can see why they’d skip it this time. The new iPad is almost an admission that tablets simply can’t cost $ 500-600. This is not technically ...

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GameStop: Nintendo Switch Sales “Phenomenal,” Could Outpace Wii

The Nintendo Switch is Nintendo’s fastest-selling console ever in many major markets. Now, GameStop has shed some light on how the hybrid system is performing at its stores–and it’s strong. Speaking to GameRant, GameStop merchandising director Eric Bright said the Switch “could possibly eclipse the Wii.” That system was a massive, worldwide hit, selling more than 100 million systems. Bright declined to share specific Switch sales at GameStop, but said sales out of the gate have been “phenomenal.” “I can’t give straight numbers, but I can say we’re seeing one ...

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Gun sales are stuck in a Trump slump

Will NRA-backed Trump actually hurt the gun industry? Gun sales keep dropping in the wake of President Trump’s election. Federal background checks, which do not precisely track gun sales but serve as the best available proxy, have fallen significantly each of the three months since Election Day. The FBI says it ran 2.23 million background checks in February. That’s down 14% from February 2016. Background checks were down 20% in January and 17% in December. Related: How President Trump is bad for the gun industry Gun sales have been driven ...

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Top 10 UK Sales Chart: Horizon Zero Dawn Defeats Zelda: Breath Of The Wild

Sony’s Horizon Zero Dawn has beaten off competition from Nintendo Switch launch title The Legend of Zelda: Breath of the Wild to top the UK physical sales chart for the week ending March 4. The latest Zelda title–which also launched on Wii U–is the second-best-selling title of the week, according to sales monitor Chart-Track. Nearly 80 percent of the game’s sales came on Nintendo’s newly-launched Switch device. Grand Theft Auto V refuses to disappear from the charts at No.3, while another Switch launch title, 1-2-Switch, debuts at No.4. In a ...

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