Best Buy

For retailers, it is a season of discontent.From Walmart Inc. to Nordstrom Inc., retailers have a glut of inventory and are discounting items to clear out space for holiday goods. Many have already lowered profit expectations for the year and are working to cut costs as consumers are pulling back spending in categories such as apparel and home goods ahead of the key year-end shopping season. Best Buy Co. warned investors last month…

Best Buy Co. BBY -0.71% is cutting store jobs across the country, as the electronics and appliance retailer works to lower costs as its customers change their spending habits. The retailer cut hundreds of jobs in stores over the past week, including some workers who do jobs such as helping people purchase or plan home-entertainment layouts, according to people familiar with the situation. “With an ever-changing…

The past week revealed new evidence from companies and the government that household spending is increasingly strained. Families are paring back purchases of items such as electronics and furniture as prices for essentials like food and gasoline have become more expensive. Inflation drove consumer spending in June to a new four-decade high while personal incomes fell when adjusting for inflation and taxes. Two of the country’s biggest retailers, Walmart Inc. WMT 1.77%…

Electronics retailer Best Buy Co. BBY 3.44% cut its sales and profit forecast for the year as inflation has tempered demand, becoming the latest retailer that has issued a warning ahead of its quarterly financial report. On Wednesday, Best Buy said that demand for consumer electronics has softened more than expected as higher prices on food, fuel and other goods continue to weigh on shoppers. Shares of Best Buy fell about…

A profit warning by Walmart ignited a sell-off in shares of major US retailers late on Monday, quickly evaporating over $100 billion in stock market value in extended trade. Sounding an alarm that inflation is hurting its shoppers and forcing them to change what they spend on, Walmart cut its forecast for full-year profit, saying it expects its adjusted earnings per share to drop by as much as 13 percent. Inflation is leading customers to spend more on food and less on higher-margin merchandise, Walmart said in a filing.…

Premium laptops offer the best build, performance, and experience. If you are looking for a top of the line performance and are willing to pay a premium, then here are a few popular premium laptop deals for your perusal, from brands like Microsoft, HP, and Apple.1. Apple MacBook Air (2020)Apple MacBook Air (2020) is equipped with the Apple M1 chip that serves as both the CPU and GPU. It also features the advanced Neural Engine for improved machine learning. The laptop houses 8GB of RAM and 256GB of SSD storage. According…

Here are some great deals on mid-range laptops, which are affordable yet feature-packed offerings. If you are looking for great performance without having to pay top bucks, then consider these popular mid-range laptop deals from brands like HP, Lenovo, Xiaomi, and Dell.1. HP Pavilion 14\HP Pavilion 14 is powered by the AMD Ryzen 5 5500U with up to 4.0GHz max boost clock. It houses 8GB of RAM and 512GB of PCIe NVMe SSD storage. It has a 14-inch full-HD IPS display with an anti-glare coating. It also features integrated…

Here are some great deals on affordable laptops that are ideal for performing everyday tasks at home or office. Looking for a great budget laptop deal? You've come to the right place. If you are looking for one, here are a few popular options to consider.1. HP 14S-DQ3018TUThe HP 14S-DQ3018TU laptop is equipped with the Intel Pentium Silver N6000 processor. The processor has a base clock speed of 1.1GHz that can be boosted up to 3.30GHz with Intel Turbo Boost technology. The laptop houses 8GB of DDR4 RAM and a 256GB PCIe…

Here are some great deals on gaming monitors, offering excellent value for your money. Gaming monitors come with special features to boost your gaming performance. Thus, if you are looking for one, consider these popular options.1. LG Ultragear 24GL650FLG Ultragear 24GL650F is a 24-inch monitor that has a full-HD (1920x1080 pixels) resolution. It has a refresh rate of 144Hz and features AMD Freesync support for smooth gaming. It also has Dynamic Action Sync that is claimed to reduce input lag. In addition, its base offers…

1. Samsung LC24F390FHWXXLSamsung LC24F390FHWXXL has a 23.5-inch curved VA panel. It features VGA, HDMI, and audio ports. The monitor has a 60Hz refresh rate and a full-HD (1920x1080 pixels) resolution. It comes with an Eye Saver Mode that optimises blue light emissions and screen flickering with the touch of a button. Eye Saver Mode Samsung 23.5 inch (59.8 cm) Curved LED Backlit Computer Monitor - Full HD, VA Panel with VGA, HDMI, Audio Ports - LC24F390FHWXXL (Black)…