Best Buy reported weaker-than-expected sales for the fiscal first quarter, citing ongoing soft demand for consumer electronics. Despite this, the retailer surpassed earnings expectations and ...
・Amazon sold more electronics than Best Buy in September, emerging as the top seller for the category. ・The e-commerce giant has steadily grown despite a challenging consumer environment and could ...
While Best Buy executives see the consumer electronics market beginning to stabilize after two years of sliding sales, it won’t be soon enough to avoid more pain, including layoffs in the coming ...
LG Electronics said Friday it posted record sales for the second consecutive year in 2025, but its operating profit declined ...
Amazon.com posted a first-quarter loss Tuesday that was smaller than Wall Street had expected. The Seattle-based company posted a pro forma net loss of $49 million, or 21 cents per share, excluding ...
Signaling consumers’ cautious spending approach, consumer technology sales were “lackluster” during Black Friday and Cyber Monday, declining by 3% in unit sales and 4% in dollar sales year over year ...
A lot of people wait for Amazon Prime Day and the limited time sales before getting things like electronics in the hopes of getting the best prices. While it isn’t a bad strategy, it’s also important ...
Building materials and supplies, electronics, general merchandise stores, and motor vehicle & parts dealers were among the categories prompting the weakest retail sales report in 6 months. For the ...