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Specialty Retail Computer and Electronics Retail

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  • BEIJING, Aug 10- Alibaba Group Holding Ltd will invest $4.6 billion in top-tier Chinese electronics retailer Suning Commerce Group Co Ltd, its biggest step yet into China's burgeoning alliances between online and offline firms. Alibaba is paying 28.3 billion yuan for a 19.99 percent stake in Suning, which will in turn invest 14 billion yuan to acquire 1.1...

  • Dixons Carphone to sell Phone House Portugal Friday, 31 Jul 2015 | 10:04 AM ET

    LONDON, July 31- British electricals and mobile phone retailer Dixons Carphone has agreed to sell The Phone House Portugal, further streamlining its business as it focuses on markets where it has a leading position. Following completion, expected by the end of next month, Dixons Carphone will receive a small cash consideration. Shares in Dixons Carphone, up 36...

  • Sony's first quarter profit climbs, topping forecasts Thursday, 30 Jul 2015 | 2:58 AM ET

    Sony reported stronger-than-expected first-quarter profit, boosted by strong sales of smartphone camera sensors and PlayStation4 videogames.

  • SAO PAULO, July 29- Brazil's biggest retailer, GPA SA, reported progress renovating stores, bringing down rents and finding new real estate in the midst of a sharp economic downturn, as investors looked past its first quarterly loss in almost a decade. Since then the group that started with a supermarket has added electronics chains, convenience stores and an...

  • Watch out for these at Hong Kong's Ani-Com 2015 Thursday, 23 Jul 2015 | 9:51 PM ET
    Watch out for these at Hong Kong's Ani-Com 2015

    CP Leung, chief executive of Ani-Com & Games Hong Kong, introduces the highlights at this year's event, such as Sony's Project Morpheus and Microsoft's new Windows 10 operating system.

  • Samsung shareholder vote will be a close call: Pro Thursday, 16 Jul 2015 | 7:25 PM ET
    Samsung shareholder vote will be a close call: Pro

    Ji-Soo Lee, senior consultant at the Center For Good Corporate Governance, outlines his expectations for a shareholder vote on a merger of two Samsung companies on Friday.

  • What happens if Cheil-Samsung C&T merger fails? Thursday, 16 Jul 2015 | 6:40 PM ET
    What happens if Cheil-Samsung C&T merger fails?

    If the merger of Cheil and Samsung C&T fails, Samsung Electronics will become a vulnerable target of activist funds, says Michael Na, Korea strategist at Nomura.

  • Google unveils 'buy' button Thursday, 16 Jul 2015 | 10:00 AM ET
    Google unveils 'buy' button

    Google unveils "buy" button for mobile search ads.

  • *Q2 sales 21.4 bln euros vs poll 21.3 bln euros. PARIS, July 16- Carrefour, Europe's largest retailer, on Thursday reported a slowdown in second-quarter sales reflecting competitive pressure in its top French market and slumping sales in China amid weak consumption. Carrefour finance head Pierre-Jean Sivignon said the market consensus for 2015 earnings...

  • Why Netflix isn't dependent on PCs Wednesday, 15 Jul 2015 | 8:45 PM ET
    Why Netflix isn't dependent on PCs

    Michael Robinson, Chief Technology Strategist at MoneyMorning.com, says 40 percent of sales and 70 percent of operating margins came from outside the PC market, so weakness in the latter isn't a concern.

  • What to expect from US June retail sales Monday, 13 Jul 2015 | 6:19 PM ET
    What to expect from US June retail sales

    Lindsey Bell, Senior Analyst at S&P Capital IQ, explains why she's expecting a monthly increase of 0.3 percent.

  • LONDON, July 2- British electrical goods and mobile phone retailer Dixons Carphone has sealed a deal with Sprint Corp., the U.S. mobile network operator, that could see it open and manage up to 500 Sprint-branded stores in the United States. Dixons Carphone, formed last year from the merger of Dixons Retail and Carphone Warehouse, said on Thursday its...

  • As smartwatch wars heat up, Pebble hits Best Buy Monday, 22 Jun 2015 | 9:21 AM ET
    Pebble Time smartwatch

    As Apple Watch sales ramp up and Fitbit's IPO generates buzz, Pebble has a trick up its sleeve. Its new watch is now selling at Bestbuy.com.

  • *Hudson's Bay pledges to keep all Kaufhof staff. DUESSELDORF, Germany, June 15- Canadian retailer Hudson's Bay is buying German department store chain Kaufhof from Metro for 2.8 billion euros as a launch pad to expand into Europe. Hudson's Bay, which operates department stores in Canada and U.S. luxury chains Saks Fifth Avenue and Lord& Taylor, said the deal, due to...

  • LONDON, June 3- Dixons Carphone, the European electricals and mobile phone retailer, raised profit guidance for its 2014-15 year after quarterly trading smashed expectations on the back of market share gains, particularly in the UK. The firm, formed by last year's merger between Dixons Retail and Carphone Warehouse, said sales at stores open over a year were up 9...

  • LONDON, June 3- Dixons Carphone, the European electricals and mobile phone retailer, raised profit guidance for its 2014-15 year after quarterly trading smashed expectations. The firm, formed by last year's merger between Dixons Retail and Carphone Warehouse, said sales at stores open over a year were up 9 percent in the 17 weeks to May 2, its fiscal fourth quarter.

  • Why Panasonic is shifting focus to B2B sector Tuesday, 2 Jun 2015 | 8:34 PM ET
    Why Panasonic is shifting focus to B2B sector

    Hiroaki Sakamoto, MD for Asia Pacific at Panasonic System Solutions, explains why the Osaka-based firm turned its focus away from consumer business to the business-to-business (B2B) segment.

  • May 19- Wal-Mart Stores Inc on Tuesday joined the list of U.S. retailers reporting disappointing quarterly results, saying consumers' pocketing tax refunds and savings from cheaper gasoline had dented its sales growth. The results illustrate the obstacles facing Chief Executive Officer Doug McMillon, who took the job 15 months ago. Wal-Mart said sales at...

  • May 19- Wal-Mart Stores Inc on Tuesday became the latest U.S. retailer to report weaker-than-expected quarterly sales, saying consumers were pocketing tax refunds and savings from cheaper gasoline rather than buying unnecessary items. Wal-Mart said sales at stores open more than a year increased by 1.1 percent in the 13 weeks ended on May 1 from a year earlier.

  • Will China’s Xiaomi make it in the US and Europe? Monday, 18 May 2015 | 8:20 AM ET
    Xiaomi headquarters in Beijing, China

    Chinese smartphone giant, Xiaomi, is set to open its doors to U.S. and European consumers shortly.