Specialty Retail Computer and Electronics Retail

  • BERLIN, Sept 19- Shares in Ceconomy fell on Wednesday after Europe's biggest consumer electronics retailer cut its profit goals for the 2017/ 18 financial year, citing poor trading as an unusually hot summer put people off buying TVs and other gadgets. Ceconomy, which runs more than 1,000 Media Markt and Saturn stores, became the second German retailer to give...

  • *Amazon seen as possible bidder after Whole Foods move. BERLIN, Sept 14- German retailer Metro AG plans to sell its struggling Real hypermarkets and is confident of interest in the chain, though bankers played down talk it might attract Amazon and a price tag of up to 1 billion euros. "The fact that we repeatedly had expressions of interest shows that we can take up the...

  • *Amazon seen as possible bidder after Whole Foods move. BERLIN, Sept 14- German retailer Metro AG plans to sell its struggling Real hypermarkets and is confident of interest in the chain, though bankers played down talk it might attract Amazon and a price tag of up to 1 billion euros. "The fact is that we repeatedly had expressions of interest shows that we can take up...

  • *Amazon seen as possible bidder after Whole Foods move. But since Amazon's $13.7 billion acquisition of U.S. chain Whole Foods last year there has been speculation that it could be interested in food retailers in Germany, its second biggest market after the United States. "Germany's grocery ecommerce is very underdeveloped and Germany is a very important...

  • *Amazon seen as possible bidder after Whole Foods move. BERLIN, Sept 14- German retailer Metro AG plans to sell its struggling Real chain and is confident of interest in the hypermarkets, which some analysts say could fetch around 1 billion euros. However, there has been speculation that Amazon could be interested in food retailers in Germany, its second biggest...

  • LONDON, Sept 6- Dixons Carphone, the troubled British electricals and mobile phone retailer, said underlying revenue remained flat in the 13 weeks to July 28, as expected, and reiterated its full-year profit targets. The company is recovering from a huge profit warning in May. It said trading in the first quarter had been helped by demand for electronic products...

  • ISTANBUL/ DUSSELDORF, Aug 29- German consumer electronics retailer MediaMarkt has suspended plans to buy shares in Turkey's Teknosa, two sources close to the matter said, after recent falls in the lira hit profits of Turkish firms. Teknosa and parent Sabanci Holding did not immediately respond to questions about the issue. Sabanci Holding owns just over 60...

  • U.S. consumers are spending more, encouraged by rising wages, low unemployment and tax cuts, spurring sales at most retailers this quarter, including Best Buy rivals Target Corp and Walmart Inc, which also sell consumer electronics. Together with Amazon, they have about 25 percent, leaving room to grow, Best Buy Chief Executive Hubert Joly told Reuters in March.

  • The Minneapolis- based retailer also raised its annual profit forecast and said its quarterly performance was driven by demand for home products, toys and electronics as well as a rebound in seasonal merchandise sales after cold weather in the first quarter hurt demand. Target rivals like Walmart Inc and Nordstrom Inc have also benefited from rising sales.

  • The Minneapolis- based retailer on Wednesday also posted the best comparable-sales growth in 13 years, driven by demand for home products, toys, electronics as well as a rebound in seasonal merchandise, and raised its annual profit forecast. Target rivals like Walmart Inc and Nordstrom Inc have also benefited from rising sales. Target has also been helped by the...

  • Aug 15- Best Buy Co Inc said on Wednesday it would buy health services provider GreatCall Inc for $800 mln in cash, adding a clutch of products tailored for aging consumers. The No. 1 U.S. consumer electronics retailer currently sells health and wellness-related products and has been shoring up on health-related assets focused on the aging U.S. population.

  • Jim Cramer on "Mad Money."

    Jim Cramer breaks down how Elon Musk’s tweet on taking Tesla private impacted the bond market.

  • It's 'inevitable' that esports will be part of the Olympics, Logitech CEO says

    Jim Cramer sits down with Logitech International President and CEO Bracken Darrell, who says esports will be in the Olympics and could be the biggest sport in the world.

  • Logitech CEO: 'Inevitable' esports will be part of Olympics

    Jim Cramer sits down with Logitech International President and CEO Bracken Darrell, who says esports will be in the Olympics and could be the biggest sport in the world.

  • Bracken Darrell, CEO, Logitech International

    Jim Cramer sits down with Logitech International President and CEO Bracken Darrell, who says esports will be in the Olympics and could be the biggest sport in the world.

  • SAO PAULO, Aug 6- Magazine Luiza SA, a Brazilian electronics and appliance retailer whose shares have surged 100 percent in the last year, beat profit estimates on Monday, despite Brazil's slow economic recovery.

  • SAO PAULO, Aug 3- Brazilian electronics retailer Via Varejo SA will open 20 new small-scale "kiosk" stores by the end of the year, an executive told Reuters on Friday, as the company moves away from bulkier brick-and-mortar operations amid an expansion drive. Via Varejo, a unit of France's Casino Guichard Perrachon SA, also plans expansions in its more traditional...

  • July 31- British electricals and mobile phone retailer Dixons Carphone said on Tuesday that about 10 million records containing personal data of customers may have been obtained in a cyber attack in 2017, much higher than its earlier estimates. In June, the company said an investigation revealed there was an attempt, going back to July last year, to compromise...

  • PARIS, July 17- Retailer Casino, which is battling to ease investor concerns about its high debt levels, posted stronger-than-expected second-quarter revenue, thanks to accelerating sales in France and Brazil, and predicted solid growth ahead. The group, whose credit rating was cut to junk by Standard& Poor's in March 2016, is under pressure to show it can revive...

  • PARIS, July 17- French supermarket retailer Casino said on Tuesday that sales growth accelerated in the second quarter, reflecting further improvement in its core French market and better trends in Brazil. The company, whose credit rating was cut to junk by Standard& Poor's in March 2016, is under pressure to show it can revive profits in France while conditions...