Best Buy Co Inc (BBY.N)
3 May 2016
Feb 25 Discouraging results from three key U.S. retailers on Thursday underscored shoppers' reluctance to buy discretionary goods such as electronics and apparel, an indicator that consumer spending would remain muted this year.
Feb 25 Best Buy Co Inc forecast current-quarter sales and profit below analysts' estimates as the biggest U.S. consumer electronics retailer by store count struggles with falling sales of mobile devices.
Feb 25 Best Buy Co Inc, the biggest U.S. consumer electronics retailer, reported a 4.1 percent decline in quarterly revenue, hurt by weak demand for mobile phones and computing products.
Jan 19 Department store operator J.C. Penney Co Inc said it would start selling home appliances from February, re-entering the business after a gap of more than 30 years.
Jan 14 Best Buy Co Inc said it expected its U.S. sales to fall by about 1.5 percent in the current quarter after weak demand for mobile phones during the holiday season, pushing its shares down 6 percent in premarket trading on Thursday.
Jan 14 Best Buy Co Inc, the largest U.S. consumer electronics retailer, reported a 3.6 percent fall in sales during the holiday shopping season, mainly due to lower demand for mobile phones.
* For holiday season-to-date, $27.9 billion has been spent online, a 6 percent increase
CHICAGO/PITTSBURGH America's annual Black Friday shopping extravaganza was short on fireworks this year as U.S. retailers' discounts on electronics, clothing and other holiday gifts failed to draw big crowds to stores and shopping malls. | Video
CHICAGO/PITTSBURGH, Nov 27 America's annual Black Friday shopping extravaganza was short on fireworks this year as U.S. retailers' discounts on electronics, clothing and other holiday gifts failed to draw big crowds to stores and shopping malls.
NEW YORK/CHICAGO, Nov 24 Target Corp's 10 percent discount on a $30.49 pair of embroidered curtains was not nearly enough to entice Valerie Jenkins, shopping in Chicago the weekend before Thanksgiving.