News tagged with retail sales

Amazon 4Q results, outlook sends stock lower

Shoppers spent more money online this holiday season than ever before, and yet, Amazon -the world's largest Internet retailer- failed to meet Wall Street's sales expectations with its latest financial results.

Technology / Business

created Jan 31, 2012 | popularity not rated yet | comments 0

US video game sales drop 21 percent in December

(AP) -- U.S. retail sales of video game hardware, software and accessories fell 21 percent in December from a year ago to $3.99 billion as players bought fewer games for their aging consoles, according to market researcher ...

Technology / Business

created Jan 13, 2012 | popularity 5 / 5 (3) | comments 0

Holiday shopping? Why does rubbing elbows turn consumers off?

Although holiday sales and events try to drive as many customers to retail stores as possible, a new study in the Journal of Consumer Research shows that the crowding may drive them away as well.

Other Sciences / Social Sciences

created Dec 13, 2011 | popularity not rated yet | comments 0

'Cyber Monday' sizzles with US online shopping

US shoppers were on pace to drive "Cyber Monday" sales to a new record high as people flocked the Internet to snap up deals offered by online retailers.

Technology / Business

created Nov 29, 2011 | popularity not rated yet | comments 0

Kindle sales quadrupled on Black Friday: Amazon

Online retailing giant Amazon said Monday that sales of its Kindle e-readers and tablets quadrupled on Black Friday over the previous year's annual pre-Christmas national shopping orgy.

Technology / Business

created Nov 28, 2011 | popularity 5 / 5 (1) | comments 0

Interview: Internet tax a states' rights issue

(AP) -- Before he became a U.S. senator, Mike Enzi ran a shoe store and was mayor of Gillette, in the heart of Wyoming's coal country.

Technology / Business

created Nov 18, 2011 | popularity not rated yet | comments 25

'Call of Duty' sets five-day sales record: publisher

"Call of Duty: Modern Warfare 3" raked in $775 million worldwide in its first five days, blowing away the record set by last year's release, publisher Activision said Thursday.

Technology / Software

created Nov 17, 2011 | popularity not rated yet | comments 1

Electronics set to power US holiday sales: report

Electronics sales are set to light up an otherwise dreary US holiday shopping season, according to the Consumer Electronics Association.

Technology / Business

created Nov 09, 2011 | popularity 1 / 5 (1) | comments 0

Activision 3Q earnings soar, 2011 outlook raised

(AP) -- Activision Blizzard Inc. said Tuesday that its third-quarter net income nearly tripled thanks to strong demand for its video games. The company also raised its full-year outlook on the heels of Tuesday's launch of ...

Technology / Business

created Nov 08, 2011 | popularity not rated yet | comments 0

Mall giant sues Indiana to tax Amazon.com sales

(AP) -- Shopping mall giant Simon Property Group sued the Indiana Department of Revenue on Thursday to try to force it to collect taxes from Amazon.com Inc. for all sales made in the state.

Technology / Business

created Nov 04, 2011 | popularity 2 / 5 (1) | comments 2

Amazon deal with Calif. may set precedent for online tax collection

California braced for a fight this year when its budget deal included a provision to force online retailers - Amazon.com Inc. by far the most prominent among them - to collect sales taxes on purchases made by the state's ...

Technology / Business

created Oct 05, 2011 | popularity not rated yet | comments 3

Calif. governor signs compromise on Internet taxes

(AP) -- Gov. Jerry Brown signed legislation Friday that postpones new sales taxes rules that would have affected online purchases in California, granting more time for traditional and online retailers to lobby Congress for ...

Technology / Business

created Sep 23, 2011 | popularity not rated yet | comments 3

Amazon says tax delay will save jobs

Amazon on Monday said legislation allowing online retailers to delay for one year the collection of sales tax in California would save jobs and provide time for a national law to be drawn up.

Technology / Business

created Sep 13, 2011 | popularity not rated yet | comments 1

Group seeks Amazon boycott over sales tax fight

(AP) -- A coalition of nonprofit groups is calling on customers of Amazon.com to cancel their accounts unless the Internet retailer stops resisting a California law that requires more online retailers to charge a state sales ...

Technology / Business

created Aug 15, 2011 | popularity 3 / 5 (2) | comments 8

Amazon says gets OK for Calif sales tax referendum

(AP) -- Amazon.com Inc. says the California Attorney General's Office has approved its petition for a referendum that would let voters decide whether to overturn a new law that forces online retailers to collect sales taxes ...

Technology / Business

created Jul 19, 2011 | popularity not rated yet | comments 0