Highlights
A collection of news and information related to Electronic Devices published by this site and its partners.
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Best Buy the authority in electronics? 'Not anymore,' says CEO
Add slumping profit to Best Buy’s difficult first quarter: The struggling electronics retailer’s net income tumbled 26% over the same period in which its CEO resigned, its chairman was replaced and its big-box store model was deemed lacking....
Tags: Science and Technology, Best Buy Company Inc., Companies and Corporations, Economy, Business and Finance, Corporate Officers
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Wal-Mart posts 10.1% profit increase, possibly ending its struggles
Despite multiple corruption probes into its Mexican subsidiary, retail giantWal-Mart Stores Inc.reported first-quarter profits that exceeded Wall Street expectations as more shoppers returned to its U.S. stores. Analysts say that the 10.1% jump in...
Tags: Earnings, Companies and Corporations, JC Penney Company Inc., Gap Inc., Quarterly or Semiannual Financial Statements
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Sears returns to profit, J.C. Penney bombs in record stock slide
Sears Holding Co. may be back from the brink, once again earning a profit in its first quarter. J.C. Penney, however, has been less blessed as consumers and investors roundly trounced its turnaround effort this week. On Thursday, Sears said it earned...
Tags: Sears, JC Penney Company Inc., Companies and Corporations, Quarterly or Semiannual Financial Statements, Economy, Business and Finance
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Best Buy chairman resigns after probe of former CEO's conduct
Best Buy Co. founder Richard Schulze has resigned as chairman of the electronics giant after an internal probe found that he knew of former Chief Executive Brian Dunn's inappropriate relationship with a female employee and failed to report it.
Schulze...Tags: Science and Technology, Companies and Corporations, Career and Workplace, Services and Shopping, Environmental Issues
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Target will stop selling the Kindle e-reader and other Amazon products
Jacket CopyTarget, which stocks a number of e-readers in its electronics department, has decided to stop selling the Kindle e-reader and its accessories. "Target continually evaluates its product assortment to deliver the best quality and prices for our guests,"... -
MOG is in acquisition talks with Beats Electronics and HTC
Company TownMOG is in discussions to be acquired by Beats Electronics, but the deal has a 50/50 chance of happening, said an executive familiar with the talks.... -
Money Minute: The demise of real-world retailing [Video]
Are bricks-and-mortar stores dead? The prognosis certainly doesn't look good. Best Buy says it will shut down 50 of its big-box stores and experiment with outlets that are 20% smaller. The electronics heavyweight also says it will slash $800 million in...
Tags: Science and Technology, Environmental Issues, Best Buy Company Inc., Amazon.com Inc., Conservation
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Best Buy CEO Brian Dunn resigns from struggling electronics retailer
Best Buy Co.’s Chief Executive Brian Dunn has resigned from the struggling electronics giant, the company said Tuesday. There was no bad blood affecting the decision, according to Best Buy, “no disagreements … on any matter relating to...
Tags: Science and Technology, Best Buy Company Inc., Companies and Corporations, Avon Products Incorporated, Economy, Business and Finance
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Sears to sell, spin off stores after $2.4-billion quarterly loss
Sears Holdings Corp. posted a $2.4-billion loss in its fourth quarter but appeased investors by planning to sell or spin off many of its stores to boost liquidity.
The Hoffman Estates, Ill., company reported a loss of $22.63 per share in the quarter that...Tags: Companies and Corporations, Real Estate Sellers, Economy, Business and Finance, Hoffman Estates, Hometown
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New baby monitors stream video, connect via Wi-Fi
L.A. at HomeBaby monitor iPhone: New baby monitors have a bunch of advanced features, including Wi-Fi connectivity, high definition video that can stream to an iPhone or iPad, two-way audio, even text-messaging alerts to parents if a baby starts to cry.... -
Retail roundup: Rue La La, Blockbuster, Sears
-- Boston-based Kynetic, which operates designer discount website Rue La La, underwent major layoffs and intends to close its SmartBargains.com site, a report says.
The Boston Business Journal reported that Kynetic laid off 11% of its 550 workers as part...Tags: Sears, Fashion Trends, Labor Markets, Petroleum Industry, Blockbuster
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100 to 120 Kmart and Sears stores to close after slow holiday
Money & CompanyDisappointing holiday sales = 100 to 120 closing Kmart and Sears stores...
May 22, 2012
|Story| Los Angeles Times
May 18, 2012
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May 17, 2012
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May 15, 2012
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May 3, 2012
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Mar 21, 2012
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Mar 29, 2012
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Apr 10, 2012
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Feb 23, 2012
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Jan 26, 2012
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Jan 15, 2012
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Dec 27, 2011
| Los Angeles Times
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