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Tag: worst

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 stocks’ worst month ever, and chart analyst warns of more pain

Retail stocks are getting pummeled as the coronavirus outbreak worsens and swaths of the country enter a lockdown. The XRT retail ETF has fallen 33% in March, its worst month ever. Some of its components have performed even worse — Kohl’s, Macy’s, and Guess have all dropped by more than 60%. Ari Wald, head of …

Retail stocks’ worst month ever, and chart analyst warns of more painRead More

US shoe imports from China see worst January in decade

A pedestrian walks by a large Adidas logo and German multinational sportswear shop. Miguel Candela | SOPA Images | LightRocket via Getty Images First there was the trade war. Then, the coronavirus struck. U.S. footwear imports from China just had their worst January in more than a decade, Matt Priest, president and CEO of the …

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Apparel sales just had their worst month in over 10 years. Here’s why

A woman shops for clothing at the JC Penney Co. store inside the Roosevelt Field Mall in Garden City, New York. Saul Martinez | Bloomberg | Getty Images The apparel industry had a really tough start to 2020, as consumers are buying fewer and fewer items to stock their closets, and companies that typically sell …

Apparel sales just had their worst month in over 10 years. Here’s whyRead More

Getting to know your worst enemy | Brief letters | Politics

Is it possible that British retail’s “worst year on record” (Report, 9 January), with particularly disappointing figures for November and December, might have something to do with the fact that the banks, having showered the economy with £50bn of what has effectively been “helicopter money” over the last decade, finally stopped paying out on PPI …

Getting to know your worst enemy | Brief letters | PoliticsRead More

UK retail industry suffered worst year on record in 2019 | Business

Last year was the worst on record for British retail, with sales falling for the first time in 24 years as a dire performance on the high street dragged down the industry. Total sales slipped by 0.1% in 2019, according to the British Retail Consortium (BRC) and advisory firm KPMG, the lowest since they began …

UK retail industry suffered worst year on record in 2019 | BusinessRead More

UK retailers demand Brexit deal after worst September on record | Business

Retailers have urged the government to secure a Brexit deal with the European Union after their latest health check of high street and online spending showed the worst September performance since the survey was launched in the mid-1990s. The British Retail Consortium – the trade body for stores and digital suppliers of consumer goods – …

UK retailers demand Brexit deal after worst September on record | BusinessRead More