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Computer and consumer electronics retail stocks are tumbling due to adverse market conditions. Stocks prices for 30 consumer electronics and comptuer retailers tracked by HFN dropped 7.5% between Jul 10, 1996, and Jul 15, 1996, compared to a 4.4% decline for general retailers during the same time period. Comp USA, Hollywood Entertainment and Egghead produced appreciable gains for the first half of 1996., NEW YORK--Consumer electronics and computer retail stocks took a harder hit than the Dow Jones Industrial Average and other barometers in the recent market rout, tumbling almost twice as fast [...]

Wall Street analysts say flat comparable-store sales for the month of May, 1996, at Computer City do not mean the firm's efforts at a turnaround are failing. Computer City's comparable-store sales rose 7% in Feb, 5% in March and 10% in April, 1996. Analysts say new Pres Matt Howard has not had enough time to completely turn Computer City around. Finances at parent company Tandy and its subsidiaries Incredible Universe and Radio Shack are also being observed by investment advisers., New York -- Flat comparable store sales at Computer City during May were greeted like ice water down Wall Street's back, a cold wake-up call for analysts pleasantly surprised earlier [...]

SAN MATEO, CALIF.-Best Buy and Computer City SuperCenters both reported positive comp-store sales for April, though the retailers used different means to achieve the same end. Best Buy's results were […]

Intense Competition Cited As Factor -- Fourth quarter profits dropped to $2.76M from $6.45M a year ago COLUMBUS, OHIO-Sun TV & Appliances cited competitive pressures, a "contraction" of sales in […]

Chain to increase store openings; continue rise in corporate sales DALLAS-CompUSA again defied a sluggish retail market, reporting record sales and earnings for its third quarter while announcing plans to […]

Scottsdale, Ariz. - As the computer retail industry contends with profitability issues, executives attending HFN's Impact '96 conference here said the road to profitability begins with cooperation between manufacturers and [...]

PALO ALTO, CALIF.--Mail-order companies will get the biggest boost from the personal-computer market expansion foreseen for the next three years, according to Seymour Merrin, president of Merrin Information Services, based […]

NEW YORK--Strong sales of PCs and related products continue to bolster retailers, as evidenced by record quarters that OfficeMax and CompUSA reported last week. OfficeMax's sales for its first quarter [...]

SEATTLE--Ballard Computer is courting Canadian investors to revive the company's fortunes after filing for Chapter 11 bankruptcy protection, abruptly closing two stores and firing 80 employees more than a week […]

Scorecard: Price wars, lawsuits, shortages. The computer industry saw it all in the first quarter. To tell the winners, you need a scorecard. With assistance from Broadview Associates (Palo Alto, […]

Carson, Calif. - The sun apparently has set for the final time on Sun Computers Inc. The 200-person Apple reseller, which has had financial problems for several months, recently suspended […]

Carson, Calif. - Sun Computer Inc., a retail chain that is one of the country's largest Apple resellers, is having financial problems after defaulting on a loan because of "cash-flow […]