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One big bump comes from Best Buy , which delivered some disturbing news. While the rest of the market seems to be strengthening, Best Buy is having problems. Why? Is it a Best Buy problem or an industry problem? And what can the company...

03/18/11 5:00 AM PT | TechNewsWorld | 702 Words
... Super Bowl brought us an exciting game and some entertaining commercials. Best Buy was all over the place with its "Buy Back" program: It offers to replace your new device (such as phone or laptop) two years after you buy it -- if...

11/07/11 11:57 AM PT | E-Commerce Times | 737 Words
... Best Buy said Monday it would buy out Carphone Warehouse's (CPW) interest in its North American Best Buy Mobile business for US$1.3 billion. By purchasing the CPW stake, Best Buy is trying to shift more of its focus to mobile devices. Best Buy...

05/07/04 2:41 PM PT | CRM Buyer | 702 Words
... it is CDs or refrigerators, megaretailer Best Buy believes it has the best deals in consumer electronics, home-office products, entertainment software and home appliances. And it wants customers to keep buying by putting them at the center of what it does. The nearly...

05/25/07 10:40 AM PT | E-Commerce Times | 756 Words
... state of Connecticut is suing electronics retailer Best Buy , saying the company deceived customers by using in-store kiosks linked to an employee-only Web site to suggest that bargains posted on the company's public-facing site were no longer available. Connecticut Attorney General Richard...

06/19/07 1:09 PM PT | E-Commerce Times | 800 Words
... of Best Buy slid by more than 5 percent Tuesday after the electronics retail giant posted lower earnings and moderated its outlook for the rest of the year, citing a less profitable mix of hot-selling products. Best Buy's profit for its first quarter...

09/15/08 1:09 PM PT | E-Commerce Times | 619 Words
... Best Buy has announced it will acquire troubled online music store Napster for US$121 million. The deal includes $67 million of cash on Napster's balance sheet and values the Los Angeles-based Internet music store at roughly twice its Sept. 12 closing stock price.
... electronics giant Best Buy is the latest casualty of the recession and slowdown in consumer spending. The Richfield, Minn.-based company reported a whopping 77 percent drop in year-over-year profit in the third quarter ended Nov. 29 and announced a plan to offer voluntary...

11/08/10 5:00 AM PT | TechNewsWorld | 1618 Words
In the technology market, the most visible leader is Apple and the strongest non-Apple leader may not be Microsoft , HP or Dell -- but Best Buy . In the context of what was an avoidable thumping and a presidency that is still on...
... Best Buy is taking an ax to its big box retail business model. The company plans to close 50 of its larger stores and test new store formats in San Antonio and Minneapolis. The formats will be so-called "connected stores" that will emphasize...

06/14/13 3:30 PM PT | E-Commerce Times | 733 Words
... is the latest product manufacturer to follow the retail trend of setting up shop within a big box store. Best Buy and Microsoft announced Thursday that the two would partner to open the Windows Store only at Best Buy in 500 retail locations...
12/16/99 12:00 AM PT | E-Commerce Times | 390 Words
... the midst of a flurry of co-promotion agreements between retailers and Internet brands, Microsoft (Nasdaq: MSFT) and Best Buy Co.,(NYSE: BBY) announced a strategic alliance today that includes Internet , broadcasting and in-store promotional projects. The agreement will include marketing efforts in Best...

10/05/06 1:20 PM PT | E-Commerce Times | 619 Words
... electronics retailer Best Buy said Thursday it would partner with MP3 player maker SanDisk and RealNetworks to create and promote a subscription and buy-to-own music service. The collaboration is the latest effort to dethrone Apple from the top of the digital music market.

12/06/07 10:56 AM PT | E-Commerce Times | 892 Words
Dell added another big gun to its fast-growing retail arsenal Thursday, saying it would begin selling some of its personal computers at hundreds of Best Buy stores across the U.S. The partnership may come too late to give Dell an immediate boost during the...

02/14/08 11:46 AM PT | CRM Buyer | 1269 Words
... frustrated Best Buy customer has filed a US$54 million lawsuit against the electronics retailer in the Superior Court of the District of Columbia. Her complaint? Best Buy lost the laptop she had brought in for repair; the tech staff was evasive about its...

08/11/08 11:53 AM PT | E-Commerce Times | 601 Words
... electronics retailing giant Best Buy is coming to an airport near you. With 965 stores in the U.S. alone, Best Buy is already one of the most ubiquitous retail chains in America.
Now, the Richfield, Minn.-based company will soon have kiosks peddling...

12/14/11 8:58 AM PT | E-Commerce Times | 660 Words
... Best Buy's fiscal third-quarter profit fell 29 percent, surprising analysts and retail observers who had been expecting stronger results. For the quarter ended Nov. 26, the electronics retailer posted a profit of US$154 million, or 42 cents a share. In the same...

06/08/12 10:50 AM PT | E-Commerce Times | 780 Words
... Best Buy Founder and Chairman Richard Schulze announced Thursday he is leaving the company immediately and plans to explore all available options for his 20.1 percent ownership stake in the electronics retail chain. His departure comes two months after former CEO Brian Dunn...

07/30/12 2:46 PM PT | E-Commerce Times | 717 Words
... Schulze, the founder and ousted chairman of Best Buy , is assembling a team of executives that could help him lead the electronics retail megachain if his attempts to buy back the company are successful, according to a report from Bloomberg. The Best...

08/21/12 6:00 AM PT | E-Commerce Times | 720 Words
... Best Buy has named Hubert Joly the company's new CEO, the electronics mega-retailer announced Monday. The struggling chain, which faces growing competition from online and discount retailers, said it chose Joly for his expertise in turnaround and growth.
Prior to taking the...