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The Wire

Weak End to 2007 Expected for Carmakers

Industry analysts are predicting a lackluster end to an already dismal year for automakers, likely the worst in nearly a decade. Complete Story...

Iraq Arms Sales Office to Get More Staff

The Pentagon is bolstering a badly understaffed office in Baghdad to speed the flow of warfighting gear to Iraqi forces and help keep the weapons from insurgents and off the black market.

Economy will trouble Detroit in 2008

Sometimes it seems Detroit just can’t catch a break.

Aon Sells Two Insurance Units for $2.75B

Insurance brokerage Aon Corp. is selling two underwriting units for $2.75 billion in separate cash deals to focus on more profitable lines of business in the face of falling insurance rates.

Economic Woes Dampen Web Holiday Sales

Economic woes have dumped a lump of coal on the nation's online retailers, which, like their brick-and-mortar rivals, have struggled with an uneven holiday business following a strong official start to the season.

McDonald's Monthly Sales Up 8.2 Percent

McDonald's Corp., the world's No. 1 hamburger chain, said Monday that global same-store sales rose 8.2 percent in November.

Retailers Post Mixed November Sales

The holiday shopping season got off to an uneasy start as consumers took advantage of big Thanksgiving weekend discounts and then pulled back, leaving retailers with mixed sales results for November.

Drug Promotion Takes to the Web

Patients today are less likely to bump into drug sales representatives at a doctor's office as pharmaceutical companies adopt cheaper technologies and more discreet ways to pitch drugs.

State Holds Off on Saudi Arms Deal

The State Department has agreed to wait until January to pursue plans to sell precision-guided bombs to Saudi Arabia, after senior-ranking lawmakers said they wanted more time to review the deal.

Ford, Toyota US Sales Flat; GM Down

Automakers reported mixed U.S. sales results for November on Monday, with some new or more fuel-efficient models performing well despite consumer malaise over high gas prices and the weak economy.

UK Internet Sales Up 29 Percent in 2006

The value of U.K. Internet sales rose 29 percent in 2006 compared with the previous year, accounting for 6.5 percent of all nonfinancial sales, the government reported Friday.

Cyber Monday Online Sales Jump 21 Percent

American consumers jammed online shopping sites on Monday, the official start of the holiday season for e-tailers, resulting in robust sales, according to an Internet research company.

Nintendo Calls Wii Sales 'Fantastic'

A top Nintendo Co. executive said holiday sales of the Wii game consoles have gotten off to a "fantastic start" but warned Tuesday that Wiis would be scarce through the end of the year.

E-Tailers Launch Holiday Shopping Season

After a long weekend of battling maddening crowds at the malls, the last thing most people want to do is go back to the stores after work to do more shopping.

Home Sales Declined in 46 States in 3Q

Sales of existing homes fell in 46 states during the July-September quarter as the housing market's slump worsened, a real estate trade group reported Wednesday.

Price Cut Boosts PlayStation 3 Sales

U.S. sales of the PlayStation 3 more than doubled in the weeks after the company slashed the video game console's price $100 and launched a low-end model, Sony Corp. CEO Howard Stringer told The Associated Press Wednesday.

Retailers Report Sluggish October Sales

The outlook for the holiday shopping season grew bleaker Thursday after retailers announced disappointing October sales results due to consumers' ongoing worries about housing and higher energy prices.

GM Sales Up 3 Percent in October

The U.S. auto market is likely to remain sluggish until year-end discounting starts in December, but there were still bright spots in October for General Motors Corp. and its Asian rivals.

Francis Bacon `rent' Painting Is Sold

A Francis Bacon painting the artist donated to an art college in lieu of rent decades ago has sold for $16.4 million at an auction where solid but unspectacular results suggest global financial turmoil may be unsettling the art market.

Retailers Report Slow September Sales

Several of the nation's largest retailers cut their earnings forecasts Thursday after lingering summer weather and an uncertain economy kept consumers from shopping last month and left the big merchants with disappointing sales.

'Halo 3' Rings Up $300M in First Week

Gamers around the globe dropped nearly $300 million on "Halo 3" in the week since the first-person shooter for Microsoft Corp.'s Xbox 360 console debuted, the company said Thursday.

Wendy's 3Q Sales Growth Slows

Wendy's International Inc., which is considering options that could include a possible sale, said Thursday a key measure of sales growth at the third largest U.S. hamburger chain slowed in the third quarter.

Long-Suffering Teams Fuel Big Sales

Combine popular players, big markets, a team on a hot streak and a trio of long-suffering cities desperate for a World Series champion and what do you get? If you're Major League Baseball, a problem. But at least it's a good one to have.

Existing Home Sales Down

Sales of existing homes, depressed by turmoil in credit markets, fell for a sixth straight month in August, pushing activity to the lowest point in five years.

ITunes No. 3 Music Retailer in U.S.

Apple Inc.'s iTunes online store was the third-largest overall music retailer in the United States, leapfrogging ahead of Amazon.com and Target Corp. in units sold, a market research firm said Friday.

The Vine

Eyes on the Prize( or how I whored myself to attract attention on the vine)

When I was in high school I had a friend who was blind. She wasn't just blind, she was born with no eyes or optic nerves. I used to read her Spanish to her and help with spelling, she would take it down in braille, she had a metal frame thing and a little awl-like punch.

Experts Divided On Growth Of Retail Sales Over Holidays; Either Way, Gift Cards And Electronics Are Big Winners

Source: communityinvestmentnetwork.org

Bargain hunters flocked to the nation's malls and shopping centers Wednesday, raising hopes that an otherwise lackluster retail season might still be salvageable.

Five insider tips to smarter holiday shopping

Source: CNN

Large crowds. Messy stores. Hard-to-find merchandise. Welcome to the annual ritual of holiday shopping and all that it entails.

DS Crushes Its Own UK Hardware Record

Source: next-gen.biz

In related new... Prior to December 2007, Sony's PSP held the record, having shifted 185,000 units in one week following its launch in September 2005. The week before last, however, Nintendo sold 191,104 DS units, followed by a further 212,584 systems last week.

Comedian Hofstetter experiments with pay-what-you-want — and provides numbers

Source: last100.com

One frustrating aspect of the Radiohead pay-what-you-want experiment is the lack of definitive numbers — yet. ComScore says this, Radiohead says that, the record industry says this, the artists say that.

More Than One Nintendo DS Sold Every Five Seconds In U.S.

Source: Kotaku

My small family of two has contributed to 3 maybe 4 of those sales. I can't even remember anymore... ...more than 6 million DS were sold in the U.S. in 2007 through Nov. 30. Taken another way, that's about one every five seconds... and remember it doesn't include December.

Sony Selling 200K PS3s A Week In Europe (But May Miss Targets)

Source: Kotaku

Sony chief financial officer Nobuyuki Oneda said earlier this year that the company may miss its goal of selling 11 million PlayStation 3s by March of next year. If Howard Stringer's sales figures are to be believed, however, there's a better chance Sony might just make it.

Home Sellers save thousands with private house sales site www.PropertyFlaunt.com

IF YOU'VE GOT IT, PROPERTY FLAUNT IT! How Home-owners are saving thousands

John Lewis outstrips rivals in Christmas takings

Source: Guardian Unlimited

Retail chain John Lewis made record sales last week despite many other high street retailers currently experiencing difficulties. John Lewis, which boasts 3 of its brands in Plebble's top 15 performers - Waitrose, Ocado and John Lewis - took £96 million between 2 and 8 December.

Cannabis Drinks Taken Off Shelves

Source: Sky.com

Bottles of drink that contain cannabis flavour are being pulled from sale because of the association between illegal drugs and alcohol.

Housing Crisis? Try Mobile McMansions

Source: The New York Times

With an uncertain economy and gas prices through the roof, sales of recreational vehicles are slipping, although the most expensive R.V.'s are still moving off the lot.

The Comic Book Is Back, in Luxe Coffee-Table Form

Source: The New York Times

The comic business is on the rebound, fueled partly by the demand for high-end collections by an aging audience nostalgic for the comics of its youth.

How To Make Headlines That Draw Your Visitors To Your Copy

Source: homeforprofits.com

Headlines account for as much as 90% of the effectiveness of your site.Headlines are attention grabbers and make first impression on your visitors. They also trigger the psychological reactions that your visitors need to go through before they convert.

Real estate: Buy, sell, or hold?

Source: CNN

From suburban porches and city terraces, they're gawking at a housing world gone mad. Just 18 months ago, folks on a tony Linden Lane or a leafy Boxwood Court were astounded to see the colonial their neighbors bought for $600,000 in 2000 sell for $1.5 million after multiple bids.

Sears Profit Plunges 99 Percent: CEO Says: "We Have Much on Which to Improve..."

Source: ABC News

....Sears did say, though, that increased competition, weakness in the housing and consumer credit markets, and unseasonably warm weather dragged down sales of apparel and other seasonal merchandise in the quarter.

City Council approves plan to allow alcohol sales on Sundays

Source: media.dailygamecock.com

The City Council approved a proposal at its Wednesday meeting allowing seven-day beer and wine sales, but must hear the proposal again at its next meeting before the issue is put to the voters.

May 21, 2001 | Sorry, Steve: Here's Why Apple Stores Won't Work

Source: Business Week

This is a BusinessWeek article from 2001, shortly after the announcement that Apple would be opening its own line of retail stores. "I give them two years before they're turning out the lights on a very painful and expensive mistake," Oh, how very wrong the pundits were...

Retail Sales Rise, but Stores Relied on Discounts

Source: The New York Times

The reports suggest that jittery consumers are flocking to rock-bottom prices and to little else — a boon for discount stores but trouble for higher-end chains.

Retailers post robust start to holidays - Yahoo! News

Source: Yahoo! News

According to ShopperTrak RCT Corp., which tracks sales at more than 50,000 retail outlets, total sales rose 8.3 percent to about $10.3 billion on Friday, the day after Thanksgiving, compared with $9.5 billion on the same day a year ago.

Best Gaming Deals for Black Friday

Source: Joystiq

We've trimmed the fat and cut the crap, bringing you the gaming highlights from the retail world's annual sale. If you're brave enough to venture out tomorrow, here's a run down of the best deals going.

Foreign Saviors

Source: moneymoose.com

As the U.S. economy goes into a slump, foreign sales are some of the things helping America from falling into a depression

Assassin's Creed is Fastest-Selling New IP Since 2002

Source: gamesindustry.biz

Ubisoft's Assassin's Creed has shot to the top of the UK all-formats charts and become the second fastest-selling new IP on an individual format behind 2002's The Getaway. See What Else Is New Today At Gamevine!

Do we think we've had enough? Beer sales plunge as Britons stay at home

Source: blog.t1production.com

The British Beer and Pub Association (BBPA), which represents the brewing and pub industry, revealed that 14m fewer pints daily are being sold in pubs today - a slump of 49% since the peak in 1979.

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