Specialty Retail Computer and Electronics Retail

  • Dec 8- Retailer Sears Holdings Corp reported its fifth straight quarterly loss and said there was no guarantee when it would return to profitability, underscoring its struggle to stanch a years-long decline in sales. Total revenue fell 14.3 percent to $5.03 billion in the third quarter ended Oct. 29, hit by lower demand at its Kmart and Sears outlets.

  • Dec 8- Retailer Sears Holdings Corp reported its fifth straight quarterly loss and said there was no guarantee when it would return to profitability. Total revenue fell 14.3 percent to $5.03 billion in the third quarter ended Oct. 29, hit by lower demand at its Kmart and Sears outlets. Net loss attributable to Sears' shareholders swelled to $748 million, or $6.99...

  • Retail memberships are on the rise, but an expert explains to CNBC the steps consumers should take to figure out if it works for them.

  • eCommerce still only makes up 8.4 percent of total Black Friday sales / Black Friday traditions shifting

    Dan Collins, CEO at CCO Global, discusses Black Friday, Cyber Monday and how the start of the holiday shopping season has shaped up this year.

  • LONDON, Nov 25- British retailers reported strong online demand in early "Black Friday" trading, as shoppers chased deals in a spending spree that is expected to top last year's record level. Currys PC World- part of Dixons Retail, Europe's largest electricals and telecommunications retailer- reported its highest ever number of orders, up 40 percent on 2015, with...

  • Black Friday first step in battle of retail holiday push: Strategist

    Kevin Quigg, chief strategist at ACSI Funds, discusses which retailers he believes look set to do well as holiday shopping season gets underway.

  • "We're expecting today to be our biggest sales day of the year," John Rogers, chief executive of electricals to toys retailer Argos told BBC radio. Mark Elliot of credit card provider MBNA told BBC radio that Friday "is going to be the biggest shopping day ever in British retail history. UK retailers will be hoping the promotions kick-start Christmas trading,...

  • A customer uses her mobile phone as she shops at a Best Buy in Skokie, Ill.

    Best Buy reported better-than-expected comparable-store sales, helped by higher demand for consumer electronics and mobile phones.

  • Nov 17- Best Buy Co Inc, the No. 1 U.S. electronics retailer, reported better-than-expected comparable-store sales, helped by higher demand for consumer electronics and mobile phones. Best Buy's net income rose to $194 million, or 61 cents per share, from $125 million, or 36 cents per share a year earlier. The Richfield, Minnesota- based company's net sales rose 1.4...

  • People stand outside the Apple Store on Fifth Avenue on August 5, 2015 in New York City.

    Despite another quarter of low year-over-year sales, Apple is looking ahead to longer-term ventures as future growth drivers, analysts say.

  • PARIS, Oct 13- Retailer Casino said it would hit its French profit forecast for the year on Thursday, despite a slowing of third quarter sales growth due to a weaker performance in France which overshadowed robust food sales in Brazil. Casino, whose credit rating was cut to junk by Standard& Poor's in March, is under pressure to revive profits in France, where it makes...

  • BEIJING, Sept 19- Chinese online retailer JD.com Inc said on Monday Samsung Electronics Co Ltd is carrying out an internal review, after the e-commerce firm referred a customer report of a Galaxy Note 7 battery fire to the South Korean company. In a statement on Samsung's Chinese website dated Sept. 14, the South Korean firm said that Galaxy Note 7 phones sold after...

  • JB Hi-Fi

    JB Hi-Fi CEO Richard Murray says they acquired The Good Guys because it was the market leader in the Australian consumer electronics space.

  • *UK and Ireland underlying sales up 4 pct. LONDON, Sept 8- Dixons Carphone, Britain's biggest consumer electricals and mobile phone retailer, reported better than expected first-quarter sales on Thursday and said it had not seen any impact on demand from the vote in June to leave the European Union. Shares in the company, which trades as Currys, PC World and Carphone...

  • LONDON, Sept 8- Dixons Carphone, Britain's biggest consumer electricals and mobile phone retailer, beat forecasts on Thursday with a 4 percent rise in quarterly sales and said it had seen no impact from the vote to leave the European Union in June. The company, which trades as Currys, PC World and Carphone Warehouse in the UK and Ireland, Elkjop and El Giganten in...

  • HP Results

    Investors should appreciate that while HP's outlook is tough, it's gaining market share in the PC space, says Moor Insights & Strategy's Patrick Moorhead.

  • Aug 23- Best Buy Co Inc reported a much higher-than-expected quarterly profit on strength in health and wearable items like smartwatches, and the largest U.S. electronics retailer raised its earnings outlook, sending its shares up nearly 17 percent. Best Buy Chief Executive Officer Hubert Joly said he expected demand to increase this quarter and next as...

  • Aug 23- Best Buy Co Inc reported a much higher-than-expected quarterly profit on strength in health and wearable items like smartwatches, and the largest U.S. electronics retailer raised its earnings outlook, sending its shares up nearly 16 percent. Chief Executive Officer Hubert Joly said he expected mobile phone sales to increase this quarter and next as...

  • Best Buy beats Street on top and bottom line

    Kate McShane, Citi, breaks down Best Buy's quarterly numbers which posted EPS of $0.57 (Adj.) on revenues of $8.533 billion.

  • The largest U.S. consumer electronics retailer also forecast revenue of $8.8 billion- $8.9 billion and a profit of 43- 47 cents per share for the third quarter. Analysts on average were expecting revenue of $8.77 billion and a profit of 45 cents per share, according to Thomson Reuters I/B/E/S. Best Buy said net income rose to $198 million, or 61 cents per share, in the...