The company's overall numbers, boosted by both new-store openings and comp-store sales gains, showed a 12 percent rise in quarterly revenue, to $6.1 billion from last year's $5.5 billion. Expenses however, increased to 21.6 percent of revenue in the first quarter, compared with an adjusted...
China spent nearly 3.9 trillion yuan (565.6 billion U.S. dollars) on education in 2016, an increase of 7.57 percent from 2015, according to preliminary statistics released by the Ministry of Education on Wednesday. Sandstorms sweep through northern China A sandstorm swept over large swathes of no...
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2 Private Lunar Landers Head Toward the Moon in a Roundabout Journey SpaceX has launched a pair of lunar landers for U.S. and Japanese companies looking to jumpstart business up there Associated PressJan. 15, 2025 Michigan Gov. Gretchen Whitmer, a Potential 2028 Candidate, Wants to Find Commo...
The article reports that Best Buy, consumer electronics retailer, showed 0.9 percent increase in domestic computer store sales and reduced net loss in the 4th quarter of its financial year which ended on February 2, 2013.EBSCO_AspTWICE: This Week in Consumer Electronics...
High levels of vehicle theft have also made car insurance more expensive in recent years. 2023 saw overone million vehicle thefts, which was almost an additional one percent increase from 2022, the highest recorded number since 2008. Because the risk of vehicle theft is higher than usual, insur...
“Rising homeowners insurance costs across the U.S. since the pandemic began in 2020 have been driven by a combination of general inflation, replacement-cost inflation due to supply chain issues and labor shortages that increase home repair and replacement costs (55 percent cumulative increase from...
traffic attributed to the campaign. Promotional lift can be calculated by comparing the percent increase in sales or traffic during the promotional period against a non-promotional period. Here is the formula: Increase = New Number – Original Number % increase = Increase ÷ Original Number × ...
Sales of electronics and appliances dropped 0.7 percent, and the home furniture and furnishings rose 2.3 percent. Sadove said the increase in retail sales could be attributed to decent inventory management and distribution strategy. "By combining the right inventory with the right mix of online versu...
point cut in September and a 25 basis point cut in November. The Fed funds rate now stands a full percent below where it was just three months ago and where it had stood for most of 2024 (the Fed raised interest rates by 25 basis points in January for its final move of this cycle)...