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 ...
LG Electronics has turned to an operating loss for the first time in nine years. While sales achieved continuous growth over ...
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 ...
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 ...
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 ...