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 ...
・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 ...
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 ...
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 ...
Global electronics components and solutions distributor Arrow Electronics (NYSE:ARW) in Q2 CY2025, with sales up 10% year on year to $7.58 billion. On top of that, next quarter’s revenue guidance ...
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 ...