Charlie O'Shea, a vice president at Moody's Investors Service, follows Wal-Mart Stores Inc, Target Corp, Kohls Corp, Toys R Us Inc and Best Buy Co Inc- some of the biggest forces during the holiday shopping season. Also, some of the specialty retailers are pulling back on Thanksgiving Weekend store hours, which makes sense as our view is, this is more of a...» Read More
Amazon reportedly planning $50 tablet
Gianfranco Lanci, president and COO of Lenovo, shares his outlook on the PC market and explains why he thinks it will recover.
MOSCOW, Aug 28- Russian consumer electronics and white goods retailer M.video said its online sales surged in the past week as a renewed weakening in the rouble prompted some consumers to splash out on durable goods. The rouble fell sharply against the dollar on Aug. 24, approaching its 2015 low, as prices of oil, Russia's chief export, skidded.
Aug 25- Best Buy Co Inc, owner of the biggest U.S. electronics chain, reported an unexpected increase in quarterly sales, helped by demand for appliances, TVs and mobile phones. Best Buy has cut jobs, closed stores and streamlined its management structure in an effort to boost profit and margins and compete better with online and big-box retailers.
Rob Enderle, president and principal analyst at Enderle Group, says Hewlett-Packard's plans to split itself into two separate companies on November 1 are unnerving employees and investors.
The streaming device unavailable to purchase on Amazon; does that mean it's time for an upgrade?
Aug 14- Retailer Target Corp said its vice president in charge of household supplies, electronics and sporting goods was leaving as the company narrows its focus to products such as apparel, wellness products and children's items. Jose Barra, who was promoted to the role of vice president for merchandising essentials and hardlines in May last year, leaves four...
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...
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 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...
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.
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.
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 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...
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.
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 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.