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 ...
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 ...
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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 ...
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 ...
3M’s revenue rose 3.7% year over year, to $7.7 billion, 4.6% when excluding divestitures and foreign exchange. The electronics and energy segment led the portfolio with surprising strength, growing ...
・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 ...
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 ...
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