LG Electronics said Friday it posted record sales for the second consecutive year in 2025, but its operating profit declined ...
NEW YORK (AP) — Is America's love affair with gadgets fading? Best Buy and Sears on Thursday both blamed their weak quarterly results on the fact that shoppers aren't shelling out for consumer ...
Best Buy reported weaker-than-expected sales for the fiscal first quarter, citing ongoing soft demand for consumer electronics. Despite this, the retailer surpassed earnings expectations and ...
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First, Amazon Came For Walmart’s Retail Crown — Now It’s Snatched Best Buy’s Electronics Throne As Well
・Amazon sold more electronics than Best Buy in September, emerging as the top seller for the category. ・The e-commerce giant has steadily grown despite a challenging consumer environment and could ...
The Chosun Ilbo on MSN
LG Electronics' record sales, profit decline
LG Electronics announced on the 30th its finalized results for last year: sales of 89.2009 trillion Korean won and operating profit of 2.4784 trillion Korean won. Sales grew 1.7% compared to the ...
Signaling consumers’ cautious spending approach, consumer technology sales were “lackluster” during Black Friday and Cyber Monday, declining by 3% in unit sales and 4% in dollar sales year over year ...
Reversing a lengthy period of sales declines, U.S. consumer technology spending grew 3.5% year over year during the two weeks ending on Dec. 7, according to a Circana analysis released Thursday. In ...
Post-COVID, the consumer electronics industry has faced a challenging path, including inflation, customers' hesitancy to spend money on non-essential goods, and more. Analysts expect 2025 could bring ...
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