Tag Archives: Sales

Cineplex sees concession sales soar to record heights

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TORONTO – Moviegoers chowed down on more popcorn and burgers at Cineplex theatres over the winter, helping concession sales climb to record heights as audiences absorbed Hollywood hits like \”American Sniper\” and \”Fifty Shades of Grey.\” Canada\’s largest movie theatre company said Friday that average concession spending jumped 2.6 percent to $5.18 per patron as customers responded to a broader ...

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Look beyond retail sales for what’s really happening with the U.S. economy

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There is no sense sugar coating the April U.S. retail sales report released Wednesday – it was a dud. The headline was flat in comparison to the expected 0.2-per-cent month-over-month rise. The ex-auto sales category edged up 0.1 per cent, which was far shy of market expectations for any 0.5-per-cent bounce. And the retail \”control\” segment that feeds right into ...

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What today’s retail sales and inflation data say about the Canadian economy

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Data from Statistics Canada on Friday revealed retail sales disappointed in April while inflation was stronger than expected. It was more confusing data about precisely how well the Canadian economy is rebounding following a dismal first quarter, in which gross domestic product shrank an unexpected 0.6%. Nevertheless, listed here are five themes in Friday’s data that Canadians should pay attention ...

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BlackBerry Ltd sales sagging as Apple Inc’s iPhone keeps gaining momentum

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BlackBerry Ltd. appears to be having more difficulty selling its smartphones to end-customers, prompting a decrease in both hardware unit and revenue estimates for 2016 by Canaccord Genuity. Canaccord’s wireless surveys indicate soft smartphone sales for BlackBerry globally, despite somewhat steadier results for its Classic device. However, this positive has been offset by weakening Passport and legacy BB10 smartphone sales ...

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Yum Brands Inc sales fall for fourth straight quarter

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Yum Brands Inc, who owns the Pizza Hut and Taco Bell restaurant chains, reported its fourth straight quarter of falling sales, because it struggles to recover from a food scandal in China, an industry where the company makes the majority of its profit. The company\’s net income fell to US$235 million, or 53 US cents per share, in the second ...

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