U.S. Amazon’s Prime Day set another sales record for the company, topping sales on Black Friday, Cyber Monday and last year’s Prime Day with Instant Pot pressure cookers, 23 and Me DNA tests and personal water filters proving to be the hot-ticket items in the United States. The day-and-a-half sale—from Monday to Tuesday—offered more than 1 million deals worldwide, and the company said in a press release that the 36-hour sale, during which customers purchased more than 100 million products, was “once again the biggest shopping event in Amazon history.” In the United States, Prime members purchased over 300,000 Instant Pot 6 Qt 7-in-1 Multi Use pressure cookers, sparking the hashtag “Instant Pot” to trend on Twitter, and 150,000 LifeStraw Personal Water Filters. Amazon’s success isn’t just good news for the online marketplace conglomerate, either, and the company announced in a separate press release that sales … [Read more...] about Amazon Prime Day Sales Top Black Friday, Cyber Monday in Biggest Shopping Event in Company’s History
Presidents day sales 2017
It’s official: Philadelphia loves Hamilton. A mere 12 days after the announcement of the Philly dates for the tour of the Broadway blockbuster, Broadway Philadelphia has sold 9,362 subscriptions for its 2018-19 season, according to Crystal Brewe, vice president of sales and marketing at the Kimmel Center for the Performing Arts. Hamilton will be at the Forrest Theatre Aug. 27 to Nov. 17, 2019. To be guaranteed a seat, you have to buy a seven-show subscription package. Subscriptions for the 2018-19 season are selling at seven times the rate of last year — which was already three times the normal rate, thanks to a promotion last spring that guaranteed Hamilton seats for subscribers who locked in for both the 2017-18 and 2018-19 seasons. Some 4,785 subscriptions remain for the 2018-19 season, although they expect to sell out, Brewe says. But that’s not the end of the story. Brewe says the Kimmel expects to be able to release another block of subscription seats at … [Read more...] about ‘Hamilton’ Philly mania: Record ticket sales in just 12 days
Keith Naughton, Bloomberg Published 10:22 am, Tuesday, April 3, 2018 Photo: Bloomberg Photo By Jeff Kowalsky. Image 1of/1 CaptionClose Image 1 of 1 The Ford Motor Co. headquarters in Dearborn, Michigan, on May 22, 2017. The Ford Motor Co. headquarters in Dearborn, Michigan, on May 22, 2017. Photo: Bloomberg Photo By Jeff Kowalsky. Ford mulls following GM in ditching monthly U.S. sales reports 1 / 1 Back to Gallery Ford Motor Co., in a rare tip of the hat to its crosstown rival, is considering following General Motors's lead in halting monthly vehicle sales reports and shifting to quarterly releases -- a move that's likely to roil government monitors and analysts that view monthly auto sales as a leading U.S. economic indicator. "We think it's interesting and a pretty significant development for the industry," … [Read more...] about Ford mulls following GM in ditching monthly U.S. sales reports
U.S. Gun Control Donald Trump Consumer demand for guns is plummeting because Americans are no longer scared that the president will take away their guns. American Outdoor Brands Corp, maker of Smith & Wesson firearms, has said demand is falling to “new, lower levels,” after years of increasing sales under President Barack Obama, Bloomberg reported. The company recorded a 32.6 percent drop in net sales compared with last year, while its rivals have also been struggling. In February, 200-year-old gun maker Remington filed for bankruptcy, beset by reduced sales and ongoing lawsuits linked to the Sandy Hook Elementary School Massacre, during which shooter Adam Lanza used one of the company’s weapons. In light of the new figures, American Outdoor Brands lowered its annual sales target by $63.5 million, to $599 million. Recommended Slideshows 26 In Pictures: The World's Most Expensive Countries to Live In 117 The 2018 World Press Photo of the Year … [Read more...] about Trump Gun Slump: Sales Plummet as Americans Don’t Buy Gun Control Threats
Last Updated Jul 11, 2017 2:56 PM EDT There may be Amazon-sized hoopla about the company's Prime Day, which means the roughly half of the American households who don't have a Prime membership may be feeling left out. The deals offered on Prime Day, which started Monday night and runs for 30 hours, are only available to the company's Prime members. About half of U.S. households participate in the e-commerce giant's popular shopping program, according to an estimate from digital research firm L2. They tend to be wealthier, younger consumers who live in coastal cities such as New York and San Francisco, although Amazon (AMZN) is trying to reach a wider demographic, said L2 head of Amazon research Cooper Smith.Amazon has designed Prime Day partly to convince those shoppers to open up their wallets and hand over $99 for the annual fee, Smith said. But weighing whether to buy the membership should go beyond today's deals, he added. "The Prime membership isn't intended to be a … [Read more...] about Amazon Prime Day: Does it make sense to sign up for Prime?