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Conn’s Q3 Losses Widen

Stricter underwriting standards, which were implemented to steady Conn’s in-house credit business, took a toll on sales and earnings during the retail chain’s third...


Losses Steepen At hhgregg

It was a rough quarter for hhgregg. The 220-store appliance, CE and home-furnishing chain reported a net loss of $18.4 million in its second...

Foxconn Completes Deal For Sharp

Foxconn Technology Group’s acquisition of Sharp Electronics is finally official. The $3.8 billion deal for the Tokyo-based electronics maker closed earlier this month with...


Staples Posts $766M Q2 Loss

Nearly $1 billion in pretax charges stemming from its failed acquisition of Office Depot led to a massive second-quarter loss for Staples. Net loss...


Amazon Q2 Earnings Skyrocket

Amazon reported second-quarter earnings of $857 million for the three months ended June 30, an 832 percent increase year over year. Net sales rose...


Best Buy Q1 Earnings Up 76%

Updated! Continued cost-cutting helped Best Buy squeeze out a 75.5 percent increase in profits on flat sales last quarter. But despite exceeding its sales...


hhgregg Narrows Q4 Loss

Struggling multiregional CE, appliance and furniture chain hhgregg managed to staunch some of its red ink during the fourth quarter. The net loss for...


Conn’s April Sales Up 6%

Conn’s, the 100-plus showroom furniture, bedding, appliance and CE chain, reported higher sales and lower credit delinquencies in April. Total net sales rose 6.2...


Bezos Touts Amazon Tech Amid Q1 Coup

Amazon reported exemplary first-quarter results yesterday, driven in part by the company’s burgeoning web services arm. But founder/CEO Jeff Bezos used the opportunity to brag...

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