News tagged with retail sales

'Cyber Monday' sizzles with US online shopping

US shoppers were on pace to drive "Cyber Monday" sales to a new record high as people flocked the Internet to snap up deals offered by online retailers.

Technology / Business

created Nov 29, 2011 | popularity not rated yet | comments 0

States push harder for online sales tax collection

(AP) -- Tax-free shopping is under threat for many online shoppers as states facing widening budget gaps increasingly pressure Amazon.com Inc. and other Internet retailers to start collecting sales taxes from their residents.

Technology / Business

created Mar 21, 2011 | popularity 1 / 5 (1) | comments 6

Amazon, Texas reach deal to settle sales tax spat

(AP) -- Online retailer Amazon.com reached an agreement with Texas officials Friday to settle a sales tax dispute by expanding operations in the state and starting to collect sales taxes.

Technology / Business

created Apr 27, 2012 | popularity not rated yet | comments 1

US video game sales drop 25 percent in March

(AP) -- U.S. retail sales of video game hardware, software and accessories fell 25 percent in March from a year earlier to $1.1 billion. It marked the fourth month of decline as Sony Corp.'s new PS Vita handheld failed to ...

Technology / Business

created Apr 13, 2012 | popularity not rated yet | comments 1

February video game retail sales drop 20 percent

(AP) -- U.S. retail sales of video games tumbled 20 percent in February as people cut spending on video games and systems in a month without big new game launches.

Technology / Business

created Mar 09, 2012 | popularity not rated yet | comments 1

Online sales in China up 66% year-on-year: report

Online sales in China in 2011 grew 66 percent from the previous year, with turnover totalling 780 billion yuan ($125 billion), according to a report cited by state news agency Xinhua Thursday.

Technology / Business

created Mar 01, 2012 | popularity not rated yet | comments 0

Amazon 4Q results, outlook sends stock lower

Shoppers spent more money online this holiday season than ever before, and yet, Amazon -the world's largest Internet retailer- failed to meet Wall Street's sales expectations with its latest financial results.

Technology / Business

created Jan 31, 2012 | popularity not rated yet | comments 0

US video game sales drop 21 percent in December

(AP) -- U.S. retail sales of video game hardware, software and accessories fell 21 percent in December from a year ago to $3.99 billion as players bought fewer games for their aging consoles, according to market researcher ...

Technology / Business

created Jan 13, 2012 | popularity 5 / 5 (3) | comments 0

Holiday shopping? Why does rubbing elbows turn consumers off?

Although holiday sales and events try to drive as many customers to retail stores as possible, a new study in the Journal of Consumer Research shows that the crowding may drive them away as well.

Other Sciences / Social Sciences

created Dec 13, 2011 | popularity not rated yet | comments 0

Kindle sales quadrupled on Black Friday: Amazon

Online retailing giant Amazon said Monday that sales of its Kindle e-readers and tablets quadrupled on Black Friday over the previous year's annual pre-Christmas national shopping orgy.

Technology / Business

created Nov 28, 2011 | popularity 5 / 5 (1) | comments 0

Interview: Internet tax a states' rights issue

(AP) -- Before he became a U.S. senator, Mike Enzi ran a shoe store and was mayor of Gillette, in the heart of Wyoming's coal country.

Technology / Business

created Nov 18, 2011 | popularity not rated yet | comments 25

Electronics set to power US holiday sales: report

Electronics sales are set to light up an otherwise dreary US holiday shopping season, according to the Consumer Electronics Association.

Technology / Business

created Nov 09, 2011 | popularity 1 / 5 (1) | comments 0

Mall giant sues Indiana to tax Amazon.com sales

(AP) -- Shopping mall giant Simon Property Group sued the Indiana Department of Revenue on Thursday to try to force it to collect taxes from Amazon.com Inc. for all sales made in the state.

Technology / Business

created Nov 04, 2011 | popularity 2 / 5 (1) | comments 2

Amazon deal with Calif. may set precedent for online tax collection

California braced for a fight this year when its budget deal included a provision to force online retailers - Amazon.com Inc. by far the most prominent among them - to collect sales taxes on purchases made by the state's ...

Technology / Business

created Oct 05, 2011 | popularity not rated yet | comments 3

Calif. governor signs compromise on Internet taxes

(AP) -- Gov. Jerry Brown signed legislation Friday that postpones new sales taxes rules that would have affected online purchases in California, granting more time for traditional and online retailers to lobby Congress for ...

Technology / Business

created Sep 23, 2011 | popularity not rated yet | comments 3