U.S. retail sales dropped by 1.9% in December as Omicron and inflation surged. Sales grew by 16.9% last year on strong consumer demand.
Lululemon Chief Executive Calvin McDonald said that the company started the holiday season in a strong position but that the Covid-19 surge limited staff availability, prompting the chain
Shipping delays have caused her business, which her husband, Don Humphrey, founded more than four decades ago, to adapt. They have had difficulty procuring manufactured garden materials, such as flagstones and fountains, because of high demand and because their supplier of flagstones hasn’t been able to employ guest workers from Mexico, as it usually does.
John Lincecum, co-founder of Turtle Swamp Brewing in Boston, says the pandemic has hurt his cash flow.“My cost of cans and grain has gone up, so I’ve passed it along to the consumer,” said John Lincecum, co-founder of Turtle Swamp Brewing, a brewery and taproom in Boston’s Jamaica Plain neighborhood.
Ireland Latest News, Ireland Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
US December Retail Sales Preview: Can dollar capitalize on upbeat data?RetailSales in the US are forecast to remain unchanged in December. Dollar has been having a difficult time finding demand this week. Market participants will pay close attention to Retail Sales Control Group print. FX Forex Trading
Read more »
Gas-Powered Car Sales In China Down Around 4% While EV Sales Up ~145% In 2021I saw an interesting tweet by Sam Korus from ARK Invest yesterday. He shared that gas-powered car sales in China were down around 4% in 2021, while battery electric vehicle sales were up ~145%. He
Read more »
China Electric Vehicle Sales Growth Is Sparking Big ChangeChina has emerged as a world leader in electric vehicle adoption in recent years. And it turns out 2021 was no exception. According to the Wall Street Journal, 'China’s car market snapped a three-year decline last
Read more »
Audi sales fall slightly but EVs score success | AutocarAudi sales dropped by 0.7% last year as the firm was hindered by semiconductor supply issues, but sales were bolstered by the success of its EVs
Read more »
BMW sales grow 9.1% in best-ever year | AutocarMunich firm moves above Mercedes for the first time in five years to become the top-selling premium brand
Read more »
Lamborghini hit new sales records in 2021Italian automaker Lamborghini has reported 2021 as its best year to date, as it hit new all-time sales records.
Read more »