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 ...

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 ...

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 ...

LG Electronics has turned to an operating loss for the first time in nine years. While sales achieved continuous growth over two years, the operating profit shifted to a loss due to factors such as U.

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 ...

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 ...

Retailers of computers and electronics equipment enjoyed the benefits of a bigger shopping spree over Thanksgiving week compared with last year, according to a new report. Revenue from computers and ...