Sales of electronics, tools and kitchen products were up only 5percentt in the most recent quarter from a year earlier.
Its next-largest domestic category and its hope for the future -- electronics, tools and kitchen equipment -- brought in only $126 million.
The goal is to attract young women and young families to the stores by emphasizing home furnishings, appliances, home electronics, tools and children's clothes.
"What will drive our sales are the new product categories like consumer electronics, tools, kitchen and our international sales," he says.
Again, China is showing the way, as its stimulus package not just updated its infrastructure but focused on the most modern electronics tools.
We break our business into three segments: U.S. books, music and video; international sales in Germany and the U.K.; and then our early-stage businesses like electronics, tools, kitchen and toys.
There are various "filing cabinets" for categories of stuff, such as auto, computer, electronics, tools, as well as any custom categories you want to make.
It reduced its second-half earnings outlook for the third time in six months and reported that sequential sales are down in both its international and its electronics, tools and kitchen divisions, which were supposed to fuel Amazon's growth in the face of stagnating books, music and video sales.
Much of the company's growth is coming from new categories such as international sales, which should be up about 75%, as well as from the electronics, tools and kitchen segment, sales of which are expected to increase by about 35%.
MoMA Design Store - 81 Spring Street Great for supplying a dorm room with fun, but functional furnishings, electronics, tools and, yes, maybe even a book your scholar will need.
