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6 Automakers and 30 Countries Say They’ll Phase Out Gasoline Car Sales
GLASGOW — At least six major automakers — including Ford, Mercedes-Benz, General Motors and Volvo — and 30 national governments pledged on Wednesday to work toward phasing out sales of new gasoline and diesel-powered vehicles by 2040 worldwide, and by 2035 in “leading markets.” But some of the world’s biggest car manufacturers, including Toyota, Volkswagen, and the Nissan-Renault alliance did not join the pledge, which is not legally binding. And the governments of the United States, China and Japan, three of the largest car markets, also abstained. The announcement, made during international climate talks here, was hailed by climate
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Radio Boosts Sales in Home Improvement Space
Results come from eight studies commissioned over six years By Susan Ashworth ⋅ Published: November 7, 2021 Radio advertising continues to outpace TV ad effectiveness, especially in the home improvement space, according to a series of studies commissioned over a six-year period. Over those six years, the Audio Active Group at Cumulus Media-Westwood One commissioned eight consumer studies focusing specifically on the home improvement market. The findings indicate that radio continues to be effective, efficient and often times the most successful way of boosting brand awareness and bringing shoppers to a home improvement retailer, whether in person or online. As
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The Home Improvement Research Institute Predicts Overall Home Improvement Product Sales to Continue Growth into 2025, with Uptick in Professional Market Growth
Data from the recently released market update provides insight to home and building marketing professionals as the industry continues to shift in the wake of COVID-19 INDIANAPOLIS, Oct. 11, 2021 /PRNewswire/ — The Home Improvement Research Institute, the nation’s leading resource for market research concerning the home and building products industry, has forecasted the total U.S. building products market to continue building on exponential growth seen in 2020 and 2021. The total market will grow by an additional 2.9% from 2023 through 2025, with the consumer market growing by 2.3% and the professional market growing by 4.6%. This
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Ted Baker enjoys sales surge as dressing up returns to fashion
Ted Baker says performance recovered in UK, N. American malls Overall sales up 50% in Q2 Shares flat in early trading Retail sales still down 30% vs pre-crisis levels Sept 7 (Reuters) – Upmarket fashion retailer Ted Baker’s (TED.L) sales surged during the second quarter as customers returned to shops after months of coronavirus restrictions in search of new clothes for socialising again. Ted Baker, which has 560 stores and concessions, pointed to a rebound in North American and UK shopping malls as consumer confidence picked up, helping retail sales – comprising in-store and online sales – jump 30% during
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Retailers try to solve the fitting room dilemma as online sales grow
Marcos del Mazo | LightRocket | Getty Images On a recent trip to the fast-fashion retailer Zara, 20-year-old Katherine Hearden loaded up on tops, shorts and dresses in multiple sizes. With Zara’s dressing rooms still closed due to Covid-related restrictions, she knew she wasn’t going to be able to try anything on in that store. So instead, Hearden checked out and schlepped across the street with her dad to another department store, where she grabbed a random pair of jeans and popped into an open fitting room. Her plan all along was to use this store to try on her
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