Sales

Economists have been predicting that retailers in the U.S. are likely to face pressure in the case of higher tariffs on China, as it is likely to “empty shelves” with a falling inventory-to-sales ratio. What Happened: According to Torsten Slok, the chief economist at Apollo Academy, the...

Michigan’s cannabis market could face significant challenges due to the rapid rise of neighboring Ohio’s marijuana industry. Since recreational sales launched on Aug. 6, Ohio has seen a surge in demand, with shops reporting record-breaking volumes driven by enthusiastic locals and...

In May 2024, the Illinois Department of Financial and Professional Regulation noted a significant increase in adult-use cannabis sales, amounting to $144.5 million – a 9.5% rise from April 2023’s $132 million. However, sales experienced a slight decline from March’s $148.9 million...

Palantir Technologies Inc (NYSE:PLTR) doesn’t go about selling its software products in conventional ways. After refusing to hire a sales team for years, the company is now using rock concert-like boot camps to bring new customers on board. Selling AI Software: Palantir has been one of the...

Sony Group Corp.'s (NYSE: SONY) PlayStation 5 (PS5) faces a notable downturn in sales, leading the company to acknowledge that the console is nearing the latter stage of its life cycle. Originally targeting 25 million units sold by the end of the current fiscal year, Sony now anticipates sales...

Toyota Motor Corporation (OTC:TOYOF) has reported a significant year-on-year increase in its global sales and production for the first half of FY2024, attributing this rise to the easing of semiconductor shortages. According to a Monday announcement, the Japanese auto giant experienced record...

In its sixth year on the market, Nintendo ADR's (OTC: NTDOY) Nintendo Switch achieved a significant milestone by surpassing the total lifetime sales of the Wii in the U.S. This achievement is based on data from Circana (formerly NPD), indicating robust growth in the U.S. video game...

Sony Group Corp (NYSE: SONY) aims to achieve an ambitious sales target for the PlayStation 5 by implementing promotions and other strategies during this financial year. The Tokyo-based company's goal is to sell 25 million PS5s this financial year — a record for PlayStation consoles,...

Activision Blizzard Inc's (NASDAQ: ATVI) "Diablo 4" became the best-selling game in the U.S. in June. According to Circana's data, the title is also the third best-selling game of the year, following Warner Bros. Discovery, Inc's (NASDAQ: WBD) "Hogwarts Legacy"...

As part of its ongoing Black Friday in July sale, Dell Technologies Inc (NYSE: DELL) is providing discounts on Microsoft Corporation's (NASDAQ: MSFT) Xbox Series X gaming console in the United States. The Xbox Series X usually sells at a Manufacturer's Suggested Retail Price (MSRP) of $499....

Legal Obstacles Continue To Slow Down Roll Out Of Legal Marijuana Market New York cannabis shareholders and advocates have been in legal limbo for months after a federal judge issued an order barring the state's retail cannabis dispensary application process in some regions last year...

Virginia Could Kick Off Pot Sales In 2024 If This Bill Gets Green Light In General Assembly Virginians might be able to buy recreational cannabis under a bill that is set to be reviewed by General Assembly, reported 8News WRIC. On Friday, the Senate Rehabilitation and Social Services Committee...

New CA Cannabis Super Center & Who's Against It A former outlet mall situated in California's Mojave Desert, in the vicinity of Interstate 15 and between Los Angeles and Las Vegas, could become a "cannabis super-center" after the Barstow City Council voted 3-1 to approve the...

Alphabet Inc.’s (NASDAQ: GOOG) Google opted to kick off 2023 by lifting bans on cannabis advertising in certain parts of the U.S. “On January 20, 2023, the Dangerous Products and Services and Healthcare and Medicines Google Ads policies will be updated to allow for the promotion of FDA-...

NY Agency Fails To Turn Over Requested Documents In $200M Fund Investigation New York’s equity-focused rollout of legal recreational marijuana relies on a $200 million Gov. Kathy Hochul pledged to support social equity applicants. However, the Dormitory Authority of the State of New York (...