Tag: sales

BUSINESS

Pfizer Raises Sales Forecast Amid Demand For Its Vaccine

Pfizer has raised its 2021 sales forecast for its COVID-19 vaccine by 29 percent to $33.5 billion and said it believes people will need a third dose of the shot developed with German partner BioNTech to keep protection against the virus high. The company said it could apply for an emergency use authorization for a booster dose as early as […]

TALKING BOOKS

Michelle Obama In Best-Selling Book League

Former First Lady Michelle Obama is creating waves with her recently released book titled, Becoming.    The title sold more than 1.4 million print and digital copies in the United States and Canada since it hit the shelves earlier this month. The book is one of the biggest top draws for the year, and there is no telling where it […]

BUSINESS Commerce

Foot Locker Drags Feet In Sales

There is no pep in Foot Locker’s step as the Sporting goods company shows a significant loss on its balance sheet for the past quarter and a predicted negative outlook for the rest of the year. Sales at the retail athletic wear company stores fell 6 percent. Moreover, the company warned of a further drop in those sales by up […]

BUSINESS Commerce

Sorry We’re Closed

Over the past year, more and more established brand name stores are greeting customers with the goodbye wave sign — sorry we’re closed! One of the latest stores to announce its pulling down of shutters in various locations is Abercrombie. This comes against a dismal fourth quarter performance report in which store sales fell by 13%. The new closures will […]

BUSINESS

Amazon Sales Move to $22.72 Billion In First Quarter

Amazon has shown a 15% increase in sales based on its announced latest quarterly report. According to the company’s press release, the company’s operating cash flow increased 47% to $7.84 billion for the trailing twelve months, compared with $5.35 billion for the trailing twelve months ended March 31, 2014. Free cash flow increased to $3.16 billion for the trailing twelve months, compared […]