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 ...
The global electronics industry has weathered a turbulent storm in recent years, grappling with rising production costs, inflation, and the growing menace of counterfeit devices. However, the US has ...
・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 ...
According to a Statista report, online Christmas sales will reach record figures in 2025 and will be led by two categories: ...
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 ...
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 ...