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Tag: decline

PC sales suffer worst decline since 2013 due to coronavirus outbreak

A Dell laptop computer is seen in Charleston, South Carolina, Monday, August 15, 2006. Dell Inc., the world’s largest maker of personal computers, is recalling 4.1 million notebook PC batteries that may burst into flames. Adam Berry | Bloomberg | Getty Images Global sales of PCs in the first quarter suffered a sharp slump, according …

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Retail malls may see 10-12 percent decline in rental income due to coronavirus lockdowns: Report

India’s retail malls would see a temporary 10-12 percent erosion of their rental income due to the lockdown imposed to contain the spread of coronavirus, a report said. The report by India Ratings said that the commercial office segment is likely to be least affected in the near term, given the stability of cash flows …

Retail malls may see 10-12 percent decline in rental income due to coronavirus lockdowns: ReportRead More

Spirits industry points to the decline of US whiskey exports to lobby against tariffs

An employee at the Bardstown Bourbon Company seals a barrel after it was filled with bourbon in Bardstown, Kentucky on April 11, 2019. Andrew Caballero-Reynolds | AFP | Getty Images As distillers await the latest round of tariffs, the spirits industry is looking to the example of plunging U.S. whiskey exports to argue for free …

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Bed Bath & Beyond’s steep decline is a buying opportunity

CNBC’s Jim Cramer on Wednesday blasted Bed Bath & Beyond‘s decision to announce disappointing same-store sales figures well ahead of its fourth-quarter earnings release. However, Cramer said investors could use the subsequent stock plunge as a buying opportunity. “I would buy it,” he added. Bed Bath & Beyond shares sank about 25% on Wednesday after …

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Macy’s CEO Jeff Gennette says weak malls ‘continue to decline rapidly’

A Macy’s store at CityPlace in West Palm Beach, Florida. Getty Images Macy’s is getting out of America’s weakest shopping malls. “We see a bifurcation of malls,” Macy’s CEO Jeff Gennette told investors Wednesday during a meeting at the New York Stock Exchange. “The lower-tier malls continue to decline rapidly.” The meeting came a day …

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Gatorade and Powerade try to adapt as sports drinks sales decline

The first National Football League team to drink Gatorade was the Kansas City Chiefs, who went on to win a Super Bowl that year. For the first time since winning the title in 1970, the Missouri football team is back in the big game this year. In the 50 years since the Chiefs’ victory, Gatorade …

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