Kohl’s, Costco, Lowe’s Sales Sluggish as Shoppers Pull Back
Consumer wariness constrains earnings for retailers Dick’s, e.l.f. Beauty and Williams-Sonoma. Source link
electronics
Macy’s, Best Buy Sales Decline, Reflecting Shopper Pullback
Macy’s said its sales were down 4.6% in the fourth quarter, and Best Buy said its U.S. sales for the...
The week that tech became exciting again | CNN Business
CNN Business — Let’s be honest: For much of the past decade, tech events have been pretty boring. Executives in...
Foxconn January sales hit record high after production restored at world’s biggest iPhone factory | CNN Business
Hong Kong CNN — Apple supplier Foxconn says its January monthly sales hit a record high as it bounced back...
A first generation iPhone going up for auction hopes to fetch $50,000 | CNN Business
New York CNN — An unopened first-generation iPhone from 2007 is hitting the auction block Thursday – with an estimated...
China’s Zhengzhou, home to world’s largest iPhone factory, ends Covid lockdown | CNN Business
Hong Kong CNN Business — The central Chinese city of Zhengzhou, home to the world’s largest iPhone factory, has lifted...
Best Buy, Dick’s Ease Fears About Holiday Spending
The retailers posted mixed quarterly results but said sales wouldn’t fall as much as expected. Source link
Inventory Pileup, Uneasy Shoppers Put Retailers in Jeopardy
For retailers, it is a season of discontent.From Walmart Inc. to Nordstrom Inc., retailers have a glut of inventory and...
WSJ News Exclusive | Best Buy Cuts Store Jobs to Help Boost Profits
Best Buy Co. BBY -0.15% is cutting store jobs across the country, as the electronics and appliance retailer works to...
Corporate Executives Assess U.S. Economy as Clouds Form
Over the past week, business leaders have laid out in the starkest terms yet that a period of universal strength...
Household Spending Rose in April
A closely watch U.S. inflation reading eased in April for the first time this year while consumers boosted spending by...
Best Buy’s Sales Cool, and It Warns of a Rough Year Ahead
Best Buy expects higher supply-chain expenses to be worse than previously predicted this fiscal year.. Photo: Joe Raedle/Getty Images Electronics...
Best Buy Posts Lower Sales on Supply-Chain Hit, Omicron Impact
Best Buy Co. ’s sales for the holiday quarter fell from a year earlier, as reduced store hours due to...
Flash-Mob Thefts Planned on Snapchat and Other Apps, Police Say
SAN FRANCISCO—A recent rash of thefts by fast-moving mobs at stores in the Bay Area and outside Minneapolis were organized...
Stores Like Home Depot and Best Buy Bolster Security After ‘Flash Mob’ Robberies
Retailers and law enforcement around the country are ramping up security to combat a wave of thefts by criminal groups...
Best Buy’s, Dick’s E-Commerce Growth Slows After Pandemic-Fueled Surge
Consumers are spending freely on sporting goods and kitchen appliances, but they are doing more of their shopping in stores...
Microsoft unveils new Surface devices | CNN Business
New York CNN Business — Fall is the season for new gadgets. Apple recently announced its latest iPhones, Amazon showed...
A llama, bagel and frisbee: Apple’s new emoji | CNN Business
CNN — A rare spot of happy news: Apple is finally getting a llama emoji. And a raccoon, bagel, frisbee...
