Students may not be thrilled about their summer break drawing to a close, but retailers couldn't be happier. The average family with kids in kindergarten through 12th grade will spend $669.28 on clothes, electronics and other school-related needs this back-to-school season, according to a survey by the National Retail Federation.» Read More
July 29- RadioShack Corp may run out of cash as early as October 2015, giving the struggling electronics retailer little time to turn around its business, a Moody's Investors Service report said.
*Jumia adding retail sites for Uganda, Ghana and Cameroon. BERLIN, July 28- Online retailer Jumia, a would-be African Amazon set up by German venture capital firm Rocket Internet, is expanding into three new markets- Uganda, Ghana and Cameroon, the company said on Monday.
While there are plenty of gadgets to make your Independence Day fun, experts say this year it's all about staying connected while playing.
*IPO restart depends on Ukraine, rouble- sources. DUESSELDORF, June 26- Metro Cash& Carry Russia German retailer Metro could resume seeking a share listing for its Russian cash-and-carry wholesale operation in September, having delayed the process in March due to the Ukraine crisis, sources close to the matter said.
In their panic to compete, brick-and-mortar stores overlook what really matters to their customers—service, according to a Gallup poll.
The "Squawk on the Street" discuss the trade on Intel after the company announced it raised its revenue guidance for Q2 and the full year. "We have a leader of old tech," Cramer explains.
Intel raised its revenue guidance for Q2 and the full year, citing stronger than expected PC demand. CNBC's David Faber and Jim Cramer share their view of the PC market. "Michael Dell is the real winner here," Cramer says.
June 10- U.S. electronics retailer RadioShack Corp reported its ninth straight quarterly loss and is burning through cash as its struggles to sustain its turnaround efforts, which so far has failed to bear fruit.
June 10- U.S. electronics retailer RadioShack Corp reported a much bigger-than-expected first-quarter loss as its turnaround efforts failed to bear fruit, raising doubts about the company's long-term prospects. Shares of RadioShack, which reported its ninth straight quarterly loss, fell as much as 14 percent in early trading.
June 10- U.S. electronics retailer RadioShack Corp reported a much bigger-than-expected quarterly loss, hurt by higher promotions in its smart phones and tablets business and weak sales of consumer electronics. Shares of RadioShack, which reported its ninth straight quarterly loss, plunged about 22 percent in premarket trading.
June 10- U.S. electronics retailer RadioShack Corp reported a bigger quarterly loss, hurt by higher promotions in its smart phones and tablets business and weak sales of consumer electronics. The company's net loss widened to $98.3 million, or 97 cents per share, in the first quarter ended May 3 from $28.0 million, or 28 cents per share, a year earlier.
Xbox head Phil Spencer goes one-on-one with CNBC's Julia Boorstin at this year's Electronic Entertainment Expo.
Costco reported third-quarter results below analysts' estimates hurt by an increase in merchandise costs and other expenses.
LONDON, May 15- Britain's Carphone Warehouse and Dixons Retail have agreed a 3.8 billion pounds all-share merger, creating a powerful pan-European mobile phone and electricals group with about 2,900 stores.
DUESSELDORF, Germany, May 12- Europe's top electronics retailer Media-Saturn is hoping express home delivery services will help offset pressure on margins and boost online revenues as it tries to make up for a delayed e-commerce launch caused by in-fighting among its owners.
BERLIN/ DUESSELDORF, May 8- German retailer Metro AG cut its outlook on Thursday for its consumer electronics division after a disappointing first three months of the year as the unit struggled with competition from online rivals and a leadership crisis.
*Uncertainty over India stance on foreign retailers. DUESSELDORF, May 5- German retailer Metro AG wants to step up expansion in India and is planning to have 50 wholesale stores in the country by 2020, up from 16 now, as part of a broader strategy for growth in emerging markets.
Missing out on the huge Internet market of Japan marked one of Meg Whitman's biggest blunders, the No. 18 name on CNBC's First 25 list said.
*Rejects shareholder Vintage Capital's $2.3 bln offer. April 15- Aaron's Inc, a rent-to-own furniture and electronics retailer, rejected a $2.3 billion takeover offer from a major shareholder and instead bought a web-based retail credit financing firm for about $700 million to provide customers with easier payment terms.
April 15- Aaron's Inc, a rent-to-own furniture and electronics retailer, rejected a $2.3 billion takeover offer from a major shareholder and instead acquired a retail credit financing firm for about $700 million.