Tag Archives: Sales

Prime Day boosted other large retailers’ sales by 54%, says report

Amazon’s Prime Day again broke records this year, but the sales holiday also boosted sales across the broader U.S. e-commerce industry. According to Adobe Analytics data released this morning, larger retailers – meaning those with over a billion in annual revenue – saw a 54 percent increase in sales on Prime Day, compared with an average Tuesday. This is attributed to ...

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Sales of PCs just grew for the first time in six years

Don’t look now, but the PC might not be dead. According to Gartner, collector of marketshare and industry metrics, worldwide shipments of personal computers just experienced the first year-over-year growth since 2012. Shipments totaled 62.1 million units, which is a 1.4 percent increase from the same time period in 2017. The report states “experienced some growth compared with a year ...

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States will be able to charge sales tax on online purchases thanks to the Supreme Court

In a five-to-four decision issued today, the Supreme Court ruled that states can make online businesses collect sales taxes — even if they don’t have a physical presence in that state. Today’s ruling overturns a decision from the Court in 1992 that paved the way for the explosion of online retail in the United States. At issue was the Quill ...

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‘Strategic partners? Don’t wrong us then’ – Erdogan tells US over plans to block F-35 sales

President Erdogan warned NATO ally the US that it should behave more like a strategic partner rather than place legal hurdles for Turkish arms deals. The remark was in response to US plans to block F-35 sales to Ankara. “We say that the US is our strategic partner. As our strategic partner, the US should not say we should knock ...

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US sanctions can cut Iran’s oil sales abroad by half – BP boss

Iranian crude exports can be cut by as much as one million barrels per day, BP Chief Executive Bob Dudley said at the St. Petersburg International Economic Forum (SPIEF 2018). This is about a half of Tehran’s usual sales. “The withdrawal of the United States from the agreement seems to be the beginning of the negotiation. It would impact Iranian ...

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US lawmakers seek to ban sales of F-35s to 'hostile & thuggish' Turkey

American lawmakers have introduced a new bipartisan bill seeking to ban F-35 deliveries to an “increasingly hostile and authoritarian” Turkey, partly because of Ankara’s decision to purchase Russia’s missile defense systems. Seeking to pressure Turkey into behaving in a manner worthy of NATO “standards,” and to limit sharing of the alliance’s assets with “hostile actors,” Democratic Rhode Island Congressman David Cicilline introduced a bipartisan ...

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Football ‘beyond politics’: World Cup official says West’s political game not affecting ticket sales

Western attempts to use politics to undermine the 2018 World Cup are regrettable, but won’t keep fans from enjoying the tournament, Alexey Sorokin, head of Russia’s World Cup organizing committee, told RT’s Sophie Shevardnadze. Read more Speaking on Shevardnadze’s interview program SophieCo, Sorokin said it was unfortunate that some nations have disrespected the spirit of the World Cup by trying ...

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Russian gas sales to EU hit record high despite the Skripals, election meddling & all that jazz

European countries boosted imports of Russian gas to unprecedented levels in April with overall supplies in 2018 expected to climb above 200 billion cubic meters for the first time ever, ignoring the impact of strained relations. In the first quarter of this year, Gazprom’s gas deliveries to Europe reportedly increased by 6.6 percent against the same quarter a year ago. ...

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Russian automaker kickstarts sales in Tunisia

Official sales of Russian Lada cars have started in Tunisia. AvtoVAZ, the company that manufactures Lada vehicles, now exports its products to 30 countries. In Tunisia, the Russian manufacturer is represented by Artes, which is the North African country’s market leader in terms of car sales. “Customers are offered a three-door Lada 4×4 Urban car… equipped with air conditioning,” AvtoVAZ ...

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IMF blasts New Zealand’s ‘discriminatory’ ban on home sales to foreigners

The ban on foreign ownership of homes in New Zealand, which aims to ease the housing affordability crisis, won’t improve the situation, according to the International Monetary Fund (IMF). In its annual report, the IMF criticized the measure, claiming that “foreign buyers seem to have played a minor role in New Zealand’s residential real estate market recently.” If the government’s ...

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