#sales-decline
#sales-decline

US news

See you latte: Starbucks plans to cut 30% of its menu

Starbucks will reduce its food and drink menu by 30% by late 2025 to improve customer experience and increase sales.

fromABC7 Los Angeles

2 weeks ago

Coffee

Starbucks is updating its dress code for baristas

Starbucks is updating its uniform policy to improve brand familiarity and address declining sales.

Business

Starbucks to Kick Out People Who Aren't Customers

Starbucks will require customers to make a purchase to stay in stores, aiming to boost sales and improve safety.

6 hours ago

NYC startup

Starbucks Is Crashing

Starbucks' recent earnings report reflects ongoing challenges under CEO Brian Niccol, with sales declining for five consecutive quarters.

Toronto startup

Starbucks to Lay Off 1,100 Corporate Workers

Starbucks is laying off 1,100 corporate employees to improve efficiency and address declining sales amid changing customer preferences.

fromwww.npr.org

US news

See you latte: Starbucks plans to cut 30% of its menu

Starbucks will reduce its food and drink menu by 30% by late 2025 to improve customer experience and increase sales.

fromABC7 Los Angeles

2 weeks ago

Coffee

Starbucks is updating its dress code for baristas

Starbucks is updating its uniform policy to improve brand familiarity and address declining sales.

Business

Starbucks to Kick Out People Who Aren't Customers

Starbucks will require customers to make a purchase to stay in stores, aiming to boost sales and improve safety.

6 hours ago

NYC startup

Starbucks Is Crashing

Starbucks' recent earnings report reflects ongoing challenges under CEO Brian Niccol, with sales declining for five consecutive quarters.

Tesla loses trillion-dollar status: Stock sinks as European sales drop and Elon Musk's controversies mount

Tesla's stock fell over 8% due to poor sales in Europe and concerns over Elon Musk's political involvement.

Tech industry

Tesla Stock Falls 8% as Concerns About Elon Musk's Political Role Grow

Tesla's stock decline signals investor concerns over Elon Musk's political engagements and their impact on sales and market share.

Cryptocurrency

Tesla's latest decline could be one for the history books, JPMorgan analysts say

Tesla's market cap has decreased nearly 49% in months due to sagging sales and leadership concerns over Elon Musk.

Tesla Sales Plunge in Germany, Reflecting Broader Slump in Europe

Elon Musk's political activities have negatively impacted Tesla's sales in Germany and Europe, leading to significant consumer backlash.

US politics

fromwww.mercurynews.com

Are Elon Musk's politics costing Tesla sales?

Tesla has experienced its first drop in global sales, highlighting increased competition and market challenges.

6 falling Tesla sales numbers that should worry Elon Musk

Tesla's sales fell dramatically across multiple countries in February, complicating growth expectations for 2023.

European startups

Tesla loses trillion-dollar status: Stock sinks as European sales drop and Elon Musk's controversies mount

Tesla's stock fell over 8% due to poor sales in Europe and concerns over Elon Musk's political involvement.

Tech industry

Tesla Stock Falls 8% as Concerns About Elon Musk's Political Role Grow

Tesla's stock decline signals investor concerns over Elon Musk's political engagements and their impact on sales and market share.

Cryptocurrency

Tesla's latest decline could be one for the history books, JPMorgan analysts say

Tesla's market cap has decreased nearly 49% in months due to sagging sales and leadership concerns over Elon Musk.

Tesla Sales Plunge in Germany, Reflecting Broader Slump in Europe

Elon Musk's political activities have negatively impacted Tesla's sales in Germany and Europe, leading to significant consumer backlash.

US politics

fromwww.mercurynews.com

Are Elon Musk's politics costing Tesla sales?

Tesla has experienced its first drop in global sales, highlighting increased competition and market challenges.

6 falling Tesla sales numbers that should worry Elon Musk

Tesla's sales fell dramatically across multiple countries in February, complicating growth expectations for 2023.

Cars

Mercedes U.S. EV Sales Plummeted In 2024 While PHEVs Surged

Mercedes EV sales plummeted in 2024, particularly for the EQS, amid rising competition and shifting buyer preferences towards hybrids.

Miscellaneous

Stellantis' CEO stepping down shows how the auto industry is struggling to shift into high gear right now

Automakers face significant challenges, including declining EV sales and competition from Chinese manufacturers, leading to strategic shifts and executive changes.

fromFortune

5 months ago

Miscellaneous

Jaguar exec promises his team have not been 'sniffing the white stuff' after rebrand is mocked

Jaguar's new campaign is a bold attempt to revive the brand but lacks focus on actual vehicles, resulting in mixed public reactions.

3 weeks ago

Germany news

Porsche reports steep fall in orders from Europe and China

Porsche's sales declined in early 2023 despite growth in North America, driven by declines in Europe and China amid trade uncertainty.

Cars

Mercedes U.S. EV Sales Plummeted In 2024 While PHEVs Surged

Mercedes EV sales plummeted in 2024, particularly for the EQS, amid rising competition and shifting buyer preferences towards hybrids.

Miscellaneous

Stellantis' CEO stepping down shows how the auto industry is struggling to shift into high gear right now

Automakers face significant challenges, including declining EV sales and competition from Chinese manufacturers, leading to strategic shifts and executive changes.

fromFortune

5 months ago

Miscellaneous

Jaguar exec promises his team have not been 'sniffing the white stuff' after rebrand is mocked

Jaguar's new campaign is a bold attempt to revive the brand but lacks focus on actual vehicles, resulting in mixed public reactions.

3 weeks ago

Germany news

Porsche reports steep fall in orders from Europe and China

Porsche's sales declined in early 2023 despite growth in North America, driven by declines in Europe and China amid trade uncertainty.

more#electric-vehicles

#consumer-confidence

fromBusiness Matters

UK politics

Retail sales fall sharply in March as weak confidence hits consumer spending

UK retail sales have sharply declined for six consecutive months, driven by fragile consumer confidence.

London

Pets At Home warns the Chancellor's Budget tax policies will affect the business - London Business News | Londonlovesbusiness.com

Pets At Home is facing declining sales driven by low consumer confidence and increased employment costs.

Business

'Weaker' shopper confidence amid the Budget forces Frasers to cut profit outlook - London Business News | Londonlovesbusiness.com

Weaker consumer confidence has led Frasers to lower its profit forecast for the year.

Frasers reported a 10.5% decline in underlying profits due to reduced sales.

UK news

Retail sales slump in March as the Autumn Budget weighs on consumer confidence - London Business News | Londonlovesbusiness.com

Retail sales continue to decline, marking the sixth consecutive month of downturn, with expectations of slower declines in the near future.

fromBusiness Matters

UK politics

Retail sales fall sharply in March as weak confidence hits consumer spending

UK retail sales have sharply declined for six consecutive months, driven by fragile consumer confidence.

London

Pets At Home warns the Chancellor's Budget tax policies will affect the business - London Business News | Londonlovesbusiness.com

Pets At Home is facing declining sales driven by low consumer confidence and increased employment costs.

Business

'Weaker' shopper confidence amid the Budget forces Frasers to cut profit outlook - London Business News | Londonlovesbusiness.com

Weaker consumer confidence has led Frasers to lower its profit forecast for the year.

Frasers reported a 10.5% decline in underlying profits due to reduced sales.

UK news

Retail sales slump in March as the Autumn Budget weighs on consumer confidence - London Business News | Londonlovesbusiness.com

Retail sales continue to decline, marking the sixth consecutive month of downturn, with expectations of slower declines in the near future.

more#consumer-confidence

fromSustainable Bus

Startup companies

ZF sales and EBIT dropped in 2024 as realignment continues. Commercial Vehicles remain "core area" - Sustainable Bus

ZF reported €41.4 billion in sales for 2024, reflecting an 11% decline primarily due to the removal of the axle assembly product line.

Wearables

fromComputerworld

Demand for VR headsets remains low

Sales of virtual reality headsets dropped 12% in 2024, marking three consecutive years of decline.

Meta leads the market with a 77% share, while Apple sees growing interest in business applications.

Apple Watch sales slump 19% as users get bored of their devices

Apple Watch sales saw a significant decline, primarily due to user dissatisfaction and lack of innovation.

Beer

fromTasting Table

The Rise And Decline Of The Craft Beer Trend - Tasting Table

The craft beer industry is experiencing a shift rather than decline, with maturing dynamics affecting sales and operations.

Apple

fromMail Online

Apple Watch sales slump 19% as users get bored of their devices

Apple Watch sales saw a significant decline, primarily due to user dissatisfaction and lack of innovation.

Beer

fromTasting Table

The Rise And Decline Of The Craft Beer Trend - Tasting Table

The craft beer industry is experiencing a shift rather than decline, with maturing dynamics affecting sales and operations.

more#consumer-behavior

Portland food

fromSFGATE

'Not sustainable': 2 restaurants exit downtown San Francisco food hall

Foot traffic at San Francisco's food hall, Saluhall, is insufficient, leading some vendors to leave due to unsustainable sales.

NYC real estate

Macy's closed 64 stores last year as the retailer's gains from real estate sales more than doubled

Macy's expects continued sales decline in fiscal 2025 due to store closures.

'Bold New Chapter' strategy aims to prioritize investments in better-performing locations.

Social media marketing

fromRetail Brew

Target earnings call ignores DEI backlash, boycott

Target's earnings call revealed a significant sales decline while executives downplayed backlash against their DEI program rollback, attributing issues to external factors.

Fashion & style

Leaderless Gucci harks back to glamorous 60s and sexy 90s in Milan

Gucci struggles with recent collections and a leadership void, culminating in a 24% sales drop despite a nostalgic new collection.

Miscellaneous

Capri's CEO says Versace's revenue sank because it made 2 mistakes

Capri Holdings reported a 15% decline in Versace's sales due to strategic missteps involving the quiet luxury trend.

#nintendo

fromVG247

Video games

Nintendo Switch 2 "cannot come soon enough", analyst says for sales-related reasons, rather than just being desperate to play things on it like the rest of us

Nintendo's Switch sales are decreasing significantly, prompting a strong demand for the Switch 2's release.

Tech industry

What's behind Nintendo's 42% drop in profits?

Nintendo's profits fell due to a slowdown in Switch console sales, prompting revised forecasts and a focus on its upcoming Switch 2.

fromVG247

Video games

Nintendo Switch 2 "cannot come soon enough", analyst says for sales-related reasons, rather than just being desperate to play things on it like the rest of us

Nintendo's Switch sales are decreasing significantly, prompting a strong demand for the Switch 2's release.

Tech industry

What's behind Nintendo's 42% drop in profits?

Nintendo's profits fell due to a slowdown in Switch console sales, prompting revised forecasts and a focus on its upcoming Switch 2.

more#nintendo

Marketing

Swatch - the parent of Longines, Omega, and Tissot - is seeing sales slump, and it's because of China

Swatch's profits and sales significantly declined in 2024 due to weak demand, especially in China.

Brooklyn

fromBKReader

Caribbean Vendors Say Revamped Flatbush Location Lacks The Buzz

Vendors at the Flatbush Central Caribbean Marketplace are experiencing significant sales declines due to reduced visibility and foot traffic.

#automotive-industry

Alternative transportation

Stellantis CEO Carlos Tavares Quits Amid Strategy Dispute

Carlos Tavares resigned as CEO of Stellantis amid declining sales, and an Interim Executive Committee has been formed to lead until a new CEO is appointed.

Miscellaneous

5 problems the next CEO of Jeep's owner will have to fix

Stellantis' turmoil deepens after CEO Carlos Tavares resigns, leaving a leadership vacuum amidst declining sales and tough competition.

fromwww.cbc.ca

Business

Stellantis CEO Carlos Tavares steps down as carmaker continues struggle with slumping sales | CBC News

Stellantis CEO Carlos Tavares steps down amidst declining sales, with the company struggling to launch new products and facing heightened competition.

Cars

Toyota's Hydrogen Car Dream Is Falling Apart

Toyota faces a significant decline in hydrogen fuel cell vehicle sales, marking a 54% drop from last year.

Alternative transportation

Stellantis CEO Carlos Tavares Quits Amid Strategy Dispute

Carlos Tavares resigned as CEO of Stellantis amid declining sales, and an Interim Executive Committee has been formed to lead until a new CEO is appointed.

Miscellaneous

5 problems the next CEO of Jeep's owner will have to fix

Stellantis' turmoil deepens after CEO Carlos Tavares resigns, leaving a leadership vacuum amidst declining sales and tough competition.

fromwww.cbc.ca

Business

Stellantis CEO Carlos Tavares steps down as carmaker continues struggle with slumping sales | CBC News

Stellantis CEO Carlos Tavares steps down amidst declining sales, with the company struggling to launch new products and facing heightened competition.

Cars

Toyota's Hydrogen Car Dream Is Falling Apart

Toyota faces a significant decline in hydrogen fuel cell vehicle sales, marking a 54% drop from last year.

more#automotive-industry