After
disappointing holiday sales, Barnes & Noble is moving away from designing its own e-reader devices and will «focus more on licensing its content to other device makers,» according to a report.
As the article explains, after a full year of making clear its commitment to building its business through its Nook division, the company's announcement of
disappointing holiday sales was «enough to raise questions about the company's ability to pull off the transformation from its traditional retail format.»
Urban Outfitters reported
disappointing holiday sales that sent shares falling more than 6 percent after the bell.
The culprit:
disappointing holiday sales of its struggling Wii U system.
Not exact matches
In a letter dated March 15, which was delivered by FedEx to some of Toys R Us» 31,000 employees, Toys R Us said financing requirements and «
disappointing»
holiday sales in the US and Europe «presented challenges that the company could not overcome.»
(Shares of Starbucks were under pressure on Friday after another quarter of
disappointing sales growth as
holiday offerings failed to draw in customers.)
U.S. retail
sales are expected to have rebounded a bit, increasing 0.1 % last month, after dipping by 0.1 % in December during a
disappointing holiday shopping season.
The company, whose annual
sales are estimated to be in the $ 7 million range, gets two large deliveries a week during the
holidays to ensure that it has enough merchandise on hand and doesn't
disappoint customers.
Last week, the company missed revenue and income expectations and projected a
disappointing 7 to 18 percent rise in
holiday - quarter
sales.
PAWTUCKET, R.I. (AP)-- Hasbro's fourth - quarter net income edged down, a
disappointing holiday season hurt by one - time charges and weak
sales of its Beyblade spinning top game and Marvel toys.
I purchased this pink midi skirt during the
holiday season
sales and I have to say I have not been
disappointed.
And with the announcement that its third executive in the Nook division has left the company — most recently Jim Hilt, head of global ebook
sales, and before him digital products director Jamie Iannone and VP of digital products Bill Saperstein — coupled with the
disappointing holiday season
sales and announcements of store closings, it's easy to see why the rumors gain steam.
Last year, Barnes & Noble's
holiday results were
disappointing, as
sales from bookstores and BN.com decreased 10.9 percent, to $ 1.2 billion, from the comparable nine - week
holiday period in 2011.
Although 2014 witnessed an overall increase in jewelry
sales, 2014 was a
disappointing holiday season for retailers.
We already made our first trade earlier this year by selling Mattel (MAT) after
Holidays sales had been highly
disappointing.
Apple saw
disappointing iPhone X
sales this
holiday season, so it's readjusting its targets for the first quarter.
The lowered prices come after reports claim Apple is reducing its iPhone X production by half over
disappointing sales during the
holidays.
This seems to contradict recent reports that Apple saw
disappointing sales of its latest flagship during the
holiday shopping season, which prompted it to halve iPhone X production this quarter.
The
holiday season serves as a litmus test of any brand or item's popularity, and
disappointing sales of the iPhone X during the past month - plus have prompted Tim Cook to slash Q1 production by half.
Macy's reported
disappointing sales in the
holiday period, and the company announced a plan to slash 6,200 jobs.
Recent
holiday sales were
disappointing for retailers, meaning good deals for January shoppers.