January 10, 2003 |
Squeezed by plummeting CD sales, retail giant Best Buy Co. has sacked the head of its troubled Musicland division and said it is closing about 110 mall-based music and movie stores. The shake-up follows the worst year in U.S. album sales in more than a decade. December sales at the Musicland division -- which operates such mall-based stores as Sam Goody and Suncoast -- declined 15% to about $350 million, the company said.
August 1, 2010 |
Like Neiman Marcus, Nordstrom and Bloomingdale's, private sale sites are starting to carve out their own identities in the retail world. Here is the rundown on a few of the top sites. All times listed are Pacific time. Hautelook.com The vibe: Somewhere between Fred Segal and Kitson The goods: Tag Heuer watches, Rock & Republic jeans, Elizabeth & James shoe boots, Cosabella swimwear, Go Smile teeth whitening kits The game plan: Sales start at 8 a.m. and last for 2 days.
June 21, 2011 |
When it comes to sequels, "Cars 2" flies in the face of conventional Hollywood calculus. Its predecessor was the least well-reviewed of Pixar Animation Studios' 11 movies and among its poorest performers at the box office — at least, by the premier animation studio's sterling standards. One attribute distinguishes "Cars" from most other films: it sparked a licensing bonanza that continued to fuel merchandise sales long after Lightning McQueen, Mater and the movie's other anthropomorphic autos rolled out of the megaplex.
CALIFORNIA | LOCAL
June 17, 2012 |
In the first raid, Orange County sheriff's detectives hit a Dana Point marijuana storefront, the San Clemente home of its director and a "stash house" he allegedly maintained nearby. In the two homes, they found cash stuffed everywhere: in buckets in the garage and attic, in an Igloo cooler in a bedroom, under a mattress, on an ironing board, in a dresser. According to a search warrant affidavit filed in November, they recovered more than $700,000. At the shop, investigators found spreadsheets showing sales over 10 months totaled $3.17 million, according to the affidavit, with $2.47 million "cash on hand.
February 5, 2010
Grammys boost sales As a promotional showcase, the Grammy Awards remain a force. Early results from Nielsen SoundScan show that artists who performed on the CBS telecast Sunday night are experiencing a relatively major sales boost. The Black Eyed Peas, for example, are on track for a stellar week with the Interscope set "The E.N.D.": Over four days last week (Monday through Thursday), the album sold 18,000 copies. In just two days this week (Tuesday and Wednesday), the set scanned 26,000 copies.
October 28, 2013 |
Apple Inc. announced earnings largely in line with Wall Street's expectations as sales of iPhones climbed while the iPad remained flat. The company reported revenue in the fourth quarter of its 2013 fiscal year of $37.5 billion, up from $35.97 billion a year earlier. That number topped analysts' estimates of $36.84 billion and Apple's own guidance from last month of around $37 billion. "We're pleased to report a strong finish to an amazing year with record fourth-quarter revenue, including sales of almost 34 million iPhones," said Tim Cook, Apple's chief executive, in a new s release.