NEW YORK (AP) — Is America's love affair with gadgets fading? Best Buy and Sears on Thursday both blamed their weak quarterly results on the fact that shoppers aren't shelling out for consumer ...
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 ...
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 ...
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 ...
Best Buy and Sears on Thursday both blamed their weak quarterly results on the fact that shoppers aren’t shelling out for consumer electronics. Already squeezed by tough competition from online ...