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Tag: plummet

March sales plummet amid COVID-19 pandemic with apparel taking biggest hit 

The coronavirus outbreak delivered a record blow to the nation’s retail sales in March.   Retail sales saw their biggest monthly drop on record during March as restaurants, bars and many stores temporarily closed across the nation, reported the National Retail Federation (NRF). Among retail sectors, apparel stores had the biggest decline, with sales down 50.5% …

March sales plummet amid COVID-19 pandemic with apparel taking biggest hit Read More

Panera Bread is selling groceries as restaurant sales plummet

A Panera Bread shop displays a sign they are open amid the coronavirus pandemic on April 5, 2020 in New York City. John Lamparski | Getty Images Panera Bread is selling groceries as housebound consumers eat fewer meals from restaurants.  Customers are able to order breads, bagels, milk, yogurt, cream cheese and fresh produce as …

Panera Bread is selling groceries as restaurant sales plummetRead More

GameStop holiday sales plummet; lowers forecast

Get great content like this right in your inbox. Subscribe The holiday season brought no cheer to GameStop. The beleaguered retailer reported that its total global sales plunged 27.5% to $1.83 billion for the nine-week holiday period ended January 4, 2020. Same-store sales fell 24.7%. GameStop said its holiday results were indicative of overall industry …

GameStop holiday sales plummet; lowers forecastRead More

GameStop holiday sales plummet; lowers forecast

Get great content like this right in your inbox. Subscribe The holiday season brought no cheer to GameStop. The beleaguered retailer reported that its total global sales plunged 27.5% to $1.83 billion for the nine-week holiday period ended January 4, 2020. Same-store sales fell 24.7%. GameStop said its holiday results were indicative of overall industry …

GameStop holiday sales plummet; lowers forecastRead More