Equity Research on Best Buy Co. Inc. and GameStop Corp. - Electronics Store Industry Trends
(firmenpresse) - NEW YORK, NY -- (Marketwire) -- 07/28/11 -- has a handpicked team of market professionals with over 100 years of combined investing experience. Today they are providing members comprehensive research on the Electronics Stores industry and are offering free analytical research on (NYSE: BBY) and (NYSE: GME). Register with us today at to have free access to these research reports.
Electronic stores have been trending downward as a whole in July as PC sales slowed and consumer spending remained relatively flat. The growing preference for e-commerce may be the biggest concern (or aid) for companies within the industry though. Get your free reports on and at . There is no commitment to join.
Slower personal computer sales growth in the second quarter adversely affected some electronics retailers. Reduced demand and weak consumer spending also made growth difficult for electronics retailers. The recent demise of Borders also brought attention to the tough times that may be ahead for other major retailers.
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A growing consumer preference for e-commerce will likely factor into strategies for electronic retailers such as Best Buy Co. Online retail sales are growing at a 15% annual rate and already accounted for 4.5% of retail sales in the first quarter according to the US Census Bureau. report is accessible for free by registering today at .
Specialized electronic retailers like GameStop Corp. are faring better than stores offering a broader selection. GameStop, a video game retailer, is capitalizing on rising digital sales. It recently incorporated GameStop Impulse, a digital content distribution platform, to its website. Considering the aforementioned growth in e-commerce, the move bodes well for the company moving forward. GameStop has also been buoyed by the seemingly recession resistant sales of used games and consoles. report is accessible for free by registering today at .
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Datum: 28.07.2011 - 07:36 Uhr
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