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  • Nov 13- Best Buy Co Inc hopes to triple its operating margins over time, the company said on Tuesday, though investors and analysts were left wanting for details on how- and how soon- the new chief executive would turn around the world's largest consumer electronics chain.

  • Nov 13- Best Buy Co Inc wants to triple its operating margins over time, the company said on Tuesday, as its new chief executive unveiled plans to turn around the world's largest consumer electronics chain. The aggressive new target comes as Best Buy faces cutthroat competition from discount and online retailers like Wal-Mart Stores Inc and Amazon.com Inc..

  • *Microsoft leads Nasdaq lower after executive exit. NEW YORK, Nov 13- U.S. stocks sold off late in the session on Tuesday, led by a slide in Microsoft shares, though retailers were a notable bright spot after Home Depot raised its outlook.

  • Nov 13- Best Buy Co Inc wants to triple its operating margins over time, the company said on Tuesday, as its new chief executive unveiled plans to turn around the world's largest consumer electronics chain. The aggressive new target comes as Best Buy faces cutthroat competition from online and discount retailers like Wal-Mart Stores Inc and Amazon.com Inc..

  • *Microsoft leads Nasdaq lower after executive exit. NEW YORK, Nov 13- U.S. stocks sold off late in the session on Tuesday led by a slide in Microsoft shares, though retailers were a notable bright spot after Home Depot raised its outlook.

  • *Home Depot shares rally after results, outlook. NEW YORK, Nov 13- Retail stocks, led by a jump in Home Depot shares, curbed Wall Street's decline on Tuesday as concerns about the looming ``fiscal cliff'' weighed on sentiment.

  • Nov 13- Home Depot Inc raised its full-year outlook on Tuesday, even before considering any future sales lift from superstorm Sandy, as the retailer benefited from a recent uptick in the U.S. housing market.

  • Nov 13- Best Buy Co Inc is targeting an operating margin of 5 to 6 percent over time, the company said on Tuesday, as its new chief executive unveiled plans to turn around the world's largest consumer electronics chain.

  • Nov 13- Best Buy Co Inc is targeting an operating margin of 5 to 6 percent over time, the company said on Tuesday, as its new chief executive unveiled plans to turn around the world's largest consumer electronics chain.

  • Nov 13- Best Buy Co Inc is targeting an operating margin of 5 to 6 percent over time, the company said on Tuesday as its new chief executive unveiled plans to turn around the world's largest consumer electronics chain. In the last fiscal year, Best Buy had an operating margin of about 2.1 percent.

  • *Saks sees holiday quarter comparable sales flat. *Saks shares down 1.2 percent. Nov 13- Saks Inc said on Tuesday it expects Superstorm Sandy to take a toll on business in the holiday quarter, wiping out gains in same-store sales during the period.

  • Nov 13- Home Depot Inc raised its full-year outlook on Tuesday, even before considering any future sales lift from superstorm Sandy, as the retailer benefited from a recent uptick in the U.S. housing market.

  • *Saks sees holiday quarter comp sales flat. *Saks Q3 adj EPS 12 cts, in line with Street view. *Saks Q3 margin hurt by ``modest'' jump in discounting.

  • Nov 13- TJX Cos Inc, owner of the Marshalls and T.J. Maxx chains, reported a higher quarterly profit on Tuesday and said it expects same-store sales during the holiday quarter to be flat to up 2 percent. That is below the 76 cents Wall Street analysts were expecting.

  • Nov 13- Home Depot Inc raised its full-year outlook on Tuesday as the retailer benefited from a recent uptick in the U.S. housing market and analysts expect a sales boost from superstorm Sandy in the current quarter.

  • MEXICO CITY, Nov 12- Mexico's leading retailer Wal-Mart de Mexico said on Monday that it had made early payments totalling 4.3 billion pesos to its suppliers to make sure they deliver products on time for a sale next weekend and for the Christmas season. It usually takes between 60 and 90 days for providers in Mexico to be paid by big retailers.

  • NEW YORK, Nov 12- For former Williams- Sonoma finance chief Sharon McCollam, coming out of retirement to take the same job at struggling retailer Best Buy was not a tough decision. Investors welcomed the appointment of the seasoned retail executive, sending shares of Best Buy up by 4.2 percent to $15.94 on Monday.

Consumer Nation