electronics

Apple Dethroned by Samsung as Smartphone Market Recovers
Apple Dethroned by Samsung as Smartphone Market Recovers
April 15, 2024  |  Mobile

Apple’s reign as the world’s top smartphone maker was short-lived. The iPhone maker supplanted Samsung late last year as the number-one seller of the devices,...

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Walmart and Amazon Compete for Deal-Seeking Electronics Customers
Walmart and Amazon Compete for Deal-Seeking Electronics Customers
March 22, 2024  |  Retail

Walmart is looking to MacBooks to drive up its share of consumer electronics spending as Amazon continues to widen its lead in the category. The...

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Wish Unveils Trade-In Program as Consumers Embrace Resale
Wish Unveils Trade-In Program as Consumers Embrace Resale
February 26, 2024  |  Retail

Mobile eCommerce platform Wish has launched a new trade-in program for old technology. Beginning next month, customers in certain parts of Europe can trade in devices such as smartphones,...

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Best Buy Lowers Sales Outlook as Black Friday Looms
Best Buy Lowers Sales Outlook as Black Friday Looms
November 21, 2023  |  Earnings

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....

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Apple to Unveil Pricier Phones as Consumers Avoid Big Ticket Items
Apple to Unveil Pricier Phones as Consumers Avoid Big Ticket Items
September 10, 2023  |  Apple

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,...

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Consumers’ Cautious Return to Spend Leaves Discretionary Retailers Like Best Buy Struggling
Consumers’ Cautious Return to Spend Leaves Discretionary Retailers Like Best Buy Struggling
September 06, 2023  |  Consumer Finance

Earnings statistics suggest that consumers are not quite feeling comfortable about freely spending again — at least for retailers of nonessential goods.  Much to the...

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Alexa Boss David Limp to Depart Amazon
Alexa Boss David Limp to Depart Amazon
August 15, 2023  |  Personnel

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,...

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Retail Sales Top Estimates, but Key Discretionary Spending Declines
Retail Sales Top Estimates, but Key Discretionary Spending Declines
August 15, 2023  |  Economy

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...

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Klarna and Clarity AI Promote Sustainability Achievements by Electronics Brands
Klarna and Clarity AI Promote Sustainability Achievements by Electronics Brands
March 16, 2023  |  Retail

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...

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