April showered sales on discounters
MAY 8 | FROM TWICE: Despite the weak economy, or more likely because of it, national discount chains, including Wal-Mart and Target, reported solid sales in April.
More
Schoonover welcomes sit-down with Wattles
APRIL 8 | FROM TWICE: Circuit City CEO Phil Schoonover has formally responded directly to activist investor Mark Wattles’ request for a sit-down.
More
Best Buy reports weak Q4 results
APRIL 3 | FROM TWICE: Best Buy reported declines in its fourth-quarter profits and same-store sales amid an economic climate that CEO Brad Anderson described in a conference call today as “serious and very challenging.”
More
Wattles seeks ouster of Circuit City’s board
FEB. 29 | FROM TWICE: Dissident investor and Ultimate Electronics owner Mark Wattles wants to unseat all 12 of Circuit City’s sitting directors and replace them with the five board candidates he nominated earlier this week.
More
Abt amends Blu-ray plans
FEB. 29 | FROM TWICE: Abt Electronics said it will increase its Blu-ray inventory in order to meet customer demand following Toshiba’s decision to stop production of HD DVD players, and expects other consumer electronics retailers to make “similar adjustments.”
More
Best Buy restructures management team
FEB. 28 | FROM TWICE: Best Buy has made a series of executive changes designed to aggressively capitalize on growth opportunities, the company said.
More