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Specialty Retail Computer and Electronics Retail

  • March 6- Appliances and electronics retailer hhgregg Inc and its Gregg Appliances Inc unit filed for bankruptcy protection on Monday, as they continued to struggle with declining sales for about four years. Hhgregg listed assets and liabilities of up to $50,000 in its Chapter 11 filing in the U.S. bankruptcy court for the Southern District of Indiana, and said...

  • March 6- Appliances and electronics retailer hhgregg Inc said on Monday it has filed for bankruptcy protection and signed a term sheet with an unnamed party to purchase its assets. The retailer filed for a Chapter 11 reorganization in the U.S. bankruptcy court for the Southern District of Indiana, the company said in a statement. Hhgregg had hired Stifel...

  • *Q4 comp sales drop 0.7 pct vs est. of 0.5 pct rise. March 1- Best Buy Co Inc on Wednesday reported an unexpected drop in same-store sales for the holiday quarter, the latest example of an electronics retailer struggling with waning demand and fierce competition from online stores. However, a tight lid on costs helped the company's net income increase 27 percent and...

  • March 1- Best Buy Co Inc, the No. 1 U.S. electronics retailer, reported an unexpected decline in holiday-quarter same-store sales on Wednesday, hurt by weak demand for tablets, gaming consoles, wearable devices and mobile phones. The company's sales at stores open for more than a year fell 0.7 percent in the fourth quarter, widely missing analysts' average estimate...

  • March 1- Best Buy Co In, the No. 1 U.S. electronics retailer, reported an unexpected decline in holiday-quarter same-store sales on Wednesday, hurt by weak demand for tablets, gaming consoles, wearable devices and mobile phones. The company's sales at stores open for more than a year fell 0.7 percent in the fourth quarter, widely missing analysts' average estimate of...

  • Feb 24- Appliances and electronics retailer hhgregg Inc is preparing to file for bankruptcy as soon as next month, Bloomberg reported. Indianapolis- based hhgregg's shares slumped as much as 40.8 percent to 23 cents on Friday. The retailer is still seeking an out-of-court solution that would help it prevent filing a Chapter 11, Bloomberg reported, citing...

  • Feb 24- Appliances and electronics retailer hhgregg Inc is preparing to file for bankruptcy as soon as next month, Bloomberg reported on Friday. The retailer is still seeking an out-of-court solution that would help it prevent filing a Chapter 11, Bloomberg reported, citing people familiar with the matter. Indianapolis- based hhgregg's shares fell 20 percent...

  • Feb 24- Appliances and electronics retailer hhgregg Inc is preparing to file for bankruptcy as soon as next month, Bloomberg reported on Friday. The retailer is still seeking an out-of-court solution that would help it prevent filing a Chapter 11, Bloomberg reported, citing people familiar with the matter. The Indianapolis, Indiana- based company's stock has...

  • Apple iPad Pro - No PC Virus commercial.

    The tech company's new ads hearken back to the classic "Mac vs. PC" campaign.

  • Augmented reality smart glasses.

    Magic Leap investor Benedict Evans said worries over leaked photos allegedly showing technical problems are unwarranted.

  • Brian Krzanich, CEO of Intel.

    Intel reported quarterly earnings and revenue that beat analysts' expectations on Thursday, as two of its key segments outstripped Wall Street.

  • Satoshi Tsunakawa, president and CEO of Toshiba, bows as he arrives for a news conference in Tokyo, Japan, on Tuesday, December 27, 2016.

    Japan's Toshiba nose-dived nearly 26 percent on Thursday, marking a fifth consecutive session, after credit downgrades from both Moody's and S&P Global Ratings.

  • Cyber Monday

    In order for retailers to survive, they will need a new strategy to keep up with consumers' changing habits, an expert tells CNBC.

  • 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.

  • 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.

  • 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.

  • 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.

  • 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.

  • 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.