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 ...
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 ...
Computers are expected to continue to be the strongest sellers in 2026 as consumers continue with a replacement cycle refresh ...
LG Electronics has turned to an operating loss for the first time in nine years. While sales achieved continuous growth over ...
Reversing a lengthy period of sales declines, U.S. consumer technology spending grew 3.5% year over year during the two weeks ending on Dec. 7, according to a Circana analysis released Thursday. In ...
Retail sales topped expectations in July by rising 1.0% month-over-month to $709.7 billion. On a year-over-year comparison, retail sales rose 2.7%. Core retail sales were up 0.4% month-over-month vs.