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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.
Similar(47)
Amazon's electronics, tool and kitchen stores, its most problematic areas, showed an increase in growth, which the company attributed to lower prices.
Sales in the company's other business lines in the United States -- including mainly electronics, toys, tools and kitchen equipment -- increased ninefold, to $150 million, with the growth fueled mainly by consumer electronics, the company said.
In conjunction with this move from discrete to integrated microwave electronics, the tools that drove those designs, especially electronic design automation (EDA) tools, were beginning an evolutionary process of their own.
The Nanjing industrial area also produces steel, petrochemicals, electronics, machine tools, cameras, textiles, cement, and sundry building materials.
Once thriving domestic sectors such as the motor industry, electronics, machine tools and a plethora of other manufacturing activities have either disappeared or shrunk.
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