Best Buy says cooling consumer demand for appliances helped drive down third-quarter sales. The company’s drop in revenue led it to lower its annual sales forecast Tuesday (Nov....
This week, Apple will unveil new products that include the fifteenth iteration of its iPhone. And as a Bloomberg News report Sunday (Sept. 10) notes,...
Earnings statistics suggest that consumers are not quite feeling comfortable about freely spending again — at least for retailers of nonessential goods. Much to the...
Amazon’s devices chief is planning to exit the company. David Limp, who oversees products like the company’s Alexa assistant, intends to retire in the coming months,...
Retail sales keep on chugging along. To that end, the data released Tuesday (Aug. 15) by the Commerce Department showed that consumer spending, overall, remained...
Klarna and Clarity AI have teamed up to provide environmental impact information to consumers who have purchased electronics. Clarity AI’s global sustainability tech platform and Klarna’s...
Americans have made double-digit increases in their spending on travel, fuel and convenience, electronics and restaurants over the last year, Mastercard reported Friday (Oct. 7)...
A backlog of orders for high-demand products may sound like a great problem to have, but it also creates challenges for companies and their chief...
Samsung Electronics Co Ltd on Tuesday (Dec. 7) announced that it will combine its mobile and consumer electronics divisions under a pair of new co-chief...