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Gap stock drops after holiday sales fall, including at Old Navy
2016-01-09 00:08:12| Apparel - Topix.net
Shares of Gap Inc. plummeted Friday, the day after the retailer reported a decline in its holiday season sales, including at stalwart brand Old Navy. Total net sales for the San Francisco company decreased 4% to $2 billion in the five-week period that ended Jan. 2. Gap Brand Global was down 2% from a year earlier -- not as sharp a decline as it experienced during the 2014 holiday season, when sales declined 5%.
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AZZ, Hurco, WD-40 Rise; Acuity Brands, PriceSmart, SYNNEX Fall
2016-01-08 22:26:41| Air Courier - Topix.net
Bed Bath & Beyond profit tumbled 21%. FedEx won a regulatory approval to acquire TNT Express.
Scandal-hit Volkswagen sees 2015 sales fall 2 percent
2016-01-08 20:20:53| Automakers - Topix.net
German automaker Volkswagen AG says global sales fell 2 percent last year as the company struggled to overcome a scandal over cars rigged to evade diesel emissions testing. Sales fell to 9.931 million vehicles from 10.14 million the year before.
VW sales fall for first time in 11 years
2016-01-08 18:51:59| BBC News | Business | UK Edition
German carmaker Volkswagen reports its first drop in VW brand sales in 11 years as the company continues to cope with its emissions scandal.
Mexico sees CSD volumes fall in soda tax first year - study
2016-01-08 16:36:00| Daily beverage news and comment - from just-drinks.com
Mexico's soda tax has pushed volumes in the country down by 6%, according to a new health study released two years after the duty was brought in.
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