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Best Buy shares surge 16 percent on upbeat profit view, robust holiday quarter

Posted on February 28, 2019 //

Posted on Reuters.com | February 28, 2019 View Original Article Here     (Reuters) - Best Buy Co Inc shares surged 16 percent on Wednesday after it gave an upbeat profit forecast for the year and reported better-than-expected holiday-quarter sales.   The company, which cited the frenzy for battle royale game … [Read more...]

Filed Under: Blog // Tagged: Amazon, Best Buy, gaming, retailers

Amazon Isn’t to Blame for Retail Sector’s Troubles. The Shrinking Middle Class Is.

Posted on September 13, 2018 //

Posted on NREIOnline.com | Sept 6, 2018 Written by Yaromir Steiner View Original Article Here   Despite an economy that has enjoyed almost uninterrupted positive growth since the deep recession of the late 2000s, those who work in and around retail will be quick to tell you that it isn’t all milk and honey for the … [Read more...]

Filed Under: Blog // Tagged: Amazon, brick-and-mortar, Retail

These Businesses Are Still Immune to Amazon

Posted on October 20, 2017 //

Posted on Quartz (qz.com) | October 15, 2017 View Original Article Here     It feels like nothing is safe from Amazon.   On Friday (Oct. 13) Bloomberg reported that Amazon was getting into sportswear. The company signed on a vendor that produces clothing for Gap, Uniqlo, and Kohl’s to make private-label … [Read more...]

Filed Under: Blog // Tagged: Amazon, auto parts, automotive, dollar stores, groceries, home improvement

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