Consumer Electronics

GameStop reported a loss for its first quarter as its stores were shuttered due to COVID-19 but its online sales jumped as the company pivoted to an online and curbside pickup model. 

Top online categories during the COVID-19 crisis include personal care products. 

Best Buy Corp. is dropping the shop-by-appointment model it put in place in its first wave of store reopenings.

The U.S. retail sector could take years to recover from the impact of COVID-19, and the hit could be worse than that of the Great Recession. 

Amazon continues to far outdistance all other U.S. retailers in e-commerce sales, but Walmart and other large retailers are showing increased strength as they pivot online.

GameStop Corp. said it expects first-quarter sales to drop by as much as a third as the majority of its stores were shuttered due to the pandemic.

Digital transformation is accelerating in retail environments.