Best Buy Earnings Preview: Online Revenue, Cost Cuts Will Drive Results (BBY) - Seeking Alpha


Seeking Alpha

Best Buy Earnings Preview: Online Revenue, Cost Cuts Will Drive Results (BBY)
Seeking Alpha
Last quarter the company missed on revenue and beat on earnings due to run-rate cost cuts of $40 million. Last quarter revenue declined 4% Y/Y, offset by online revenue growth of 22%. The company has been hurt by the migration of sales from retail ...

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Apple cuts online price of iPhone 5S to clear stocks - Economic Times


Economic Times

Apple cuts online price of iPhone 5S to clear stocks
Economic Times
While big retail chains have taken up the issue with Apple and have threatened to stop stocking its products, some have negotiated special consumer offers on the 5S, such as a free case with each purchase. Apple follows a uniform pricing strategy ...

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Apple cuts online price of iPhone 5S to clear stocks; ties up with Amazon ... - Economic Times


Economic Times

Apple cuts online price of iPhone 5S to clear stocks; ties up with Amazon ...
Economic Times
While big retail chains have taken up the issue with Apple and have threatened to stop stocking its products, some have negotiated special consumer offers on the 5S, such as a free case with each purchase. Apple follows a uniform pricing strategy ...

and more »

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Wal-Mart Cuts Guidance On Weak Traffic, Higher Expenses And Slow Online ... - Forbes


Wal-Mart Cuts Guidance On Weak Traffic, Higher Expenses And Slow Online ...
Forbes
Moreover, they are preferring online shopping over store shopping to avoid impulse buying. When shopping online, buyers usually stick to their shopping list. While this trend has hurt consumer spending at Wal-Mart, it has helped online sales of retail ...

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UPS cuts forecast, to spend more on holiday shipping

The company faced criticism last Christmas when a surge in online shopping and a harsh winter caught the company off guard, leading to huge delays that frustrated customers. UPS said on Tuesday it would invest $175 million to beef up capacity and technology to ensure timely deliveries during the peak shopping season beginning around Thanksgiving.

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Reject Shop cuts profit forecast

Discount retailer The Reject Shop will fall short of its profit forecast because of weaker sales caused by warm weather and the federal budget. The company expects its net profit in the year to June 30 to be between $14.5 million and $15.5 million, below its previous forecast of between $17 million and $18 million. "The unseasonably warm weather across the country led to a deterioration in sales ...

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UK shop cuts out cash for Bitcoin for next three days

Second-hand shop CeX has traded in cash for Bitcoin as one branch ditches pounds for a couple of days to celebrate online currencies and Scottish independence.

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Tesco announces cuts to online shopping charges after profits slump - The Drum


Tesco announces cuts to online shopping charges after profits slump
The Drum
Tesco is to cut online shopping charges as a part of a range of measures after a profits slump. The changes mean click and collect orders will be free in every store, which the retailer said could save customers £111 a year, while cuts to Delivery ...
Tesco to slash food prices and online shopping chargesTalking Retail
Tesco offers online shoppers hundreds of pounds a year in savingsHarpers Wine & Spirit Trade Review
UK: Tesco Announces Further Price Cuts And Slashes Online Shopping ChargesNamnews
London South East -IFA Magazine -Retail Week
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Aaron's buys Progressive Finance for $700M, says it rejected takeover offer, cuts outlook

ATLANTA - Furniture leasing company Aaron's has agreed to buy online rent-to-own finance company Progressive Finance Holdings for $700 million in cash in a bid to turn around its business even as it cut ...

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Aaron's buys Progressive Finance, cuts outlook

ATLANTA (AP) — Furniture leasing company Aaron's has agreed to buy online rent-to-own finance company Progressive Finance Holdings for $700 million in cash in a bid to turn around its business even as it cut its first-quarter outlook.

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