By Alan Wolf On Apr 30 2013 - 4:37pm

Systemax Posts $6.3M Q1 Loss, Sales Off 3.6%

Port Washington, N.Y. – IT and CE seller Systemax reported a $6.3 million loss for the first quarter ended March 3, compared to year-ago earnings of $7.1

By Alan Wolf On Apr 30 2013 - 9:41am

Best Buy Exiting European Pact

Minneapolis — Best Buy is selling its 50 percent investment in Best Buy Europe, a five-year-old joint venture with Great Britain’s Carphone Warehouse.

By Steve Smith On Apr 30 2013 - 9:40am

Office Depot Posts Lower Q1 Sales, Loss

Boca Raton, Fla. — Office Depot reported lower sales and a net loss of $17 million in the first quarter, ended March 30.

Sales were $2.7 billion, down

By Joseph Palenchar On Apr 30 2013 - 8:36am

SiriusXM Taps Veteran Jim Meyer As New CEO

New York — SiriusXM appointed company veteran Jim Meyer as CEO, replacing Mel Karmazin, who left the company last year before Liberty Media took control in

By Alan Wolf On Apr 29 2013 - 4:14pm

RadioShack Releases Provocative Beats TV Spot

Fort Worth, Texas — RadioShack has released its first TV spot under its new management team.

The

TWICE Staff On Apr 29 2013 - 11:15am

Stampede Adds Bowman, Miles To Exec Team

Amherst, N.Y. — Stampede Presentation Products has added two executives from Azerty, a division of United Stationers, to its management team.

Kevin

By Alan Wolf On Apr 26 2013 - 3:22pm

Samsung, Best Buy Celebrate Experience Shops

New York — Samsung and Best Buy marked the launch of their in-store Experience Shops — and the debut of the Galaxy S 4 smartphone — with a gala

By Alan Wolf On Apr 25 2013 - 4:22pm

Amazon Q1 Profits Fall 37%

Seattle – Continued investments in content and the impact of unfavorable foreign exchange rates let to a sharp drop in Amazon.com’s first-quarter

By Steve Smith On Apr 25 2013 - 4:20pm

Ingram Micro Posts Higher Q1 Sales, Lower Income

Santa Ana, Calif. — Ingram Micro reported higher worldwide sales but lower net and operating income for the first quarter, ended March 31.

Worldwide

By Alan Wolf On Apr 25 2013 - 4:18pm

Sears Offers Instant Majap Rebates In California

Hoffman Estates, Ill. — Sears is providing its California customers with utility-sponsored instant rebates on high-efficiency appliances through a partnership