For years, RadioShack had been the "go to" place for hobbyists, as well as the store where one could find everything from speaker cables to electrical adapters, gizmos to gadgets. It appealed as much to people who wanted to build a computer as use one. In the 1990s it moved away from this market, le...
As Amazon's Fire Phone finds its way into consumers' hands, brick-and-mortar retailers are on guard. Amazon's new device is equipped with technology that seems to have been designed to take showrooming to new heights -- or depths, depending on one's perspective. The Fire Phone, in brief, has functio...
Leap Motion, which makes a 3D controller that can track movements smaller than the tip of a pin, on Wednesday announced that it has entered a limited exclusive agreement with Best Buy. The deal will see Best Buy build endcaps in the 1,056 stores it has in the United States to display Leap's control...
The Borders near me closed the other month. Wasn't surprising. Ditto for Circuit City. Gone. A few years prior to that it was Hollywood Video that rolled its end credits. The problem is, none of them had to go. They each died of self-inflicted wounds. Sure, a lot of their CEOs came out and blamed Ir...
The retail space is changing. Twenty years ago we used to shop and buy in person at retail stores. Ten years ago, the Internet started a change Wave. We could buy online but were not ready yet. So we shopped online, but we still bought in person at stores. Now we have reversed this trend completely...
Best Buy said Monday it would buy out Carphone Warehouse's interest in its North American Best Buy Mobile business for $1.3 billion. By purchasing the CPW stake, Best Buy is trying to shift more of its focus to mobile devices. Best Buy has asked CPW to stay on in a consultancy capacity for up to fiv...
The consumer electronics marketplace is changing. Will this year be better or worse, stronger or weaker? So far, the reports of holiday technology shopping sound pretty strong this year, with a few bumps in the road. One big bump comes from Best Buy, which delivered some disturbing news. While the r...
They may not be the most thoughtful presents in the world, but they sure are convenient. Gift cards relieve shoppers of having to find the perfect size, style, and color of any item on a shopping list. They also avoid scenarios where what the buyer views as desirable is antithetical to the receiver'...
Online retail saw a 3 percent year-over-year drop in sales between Nov. 1 and Dec. 23, according to research firm comScore, as economic hardships combined with a calendar that shortened consumers' usual buying period. The decline marked the first dip in online sales since comScore began tracking the...
Consumer 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 buyout packages to...
Over the last several days I've attended two conferences that are focused on predicting and changing the future of technology and technology companies. The first was put on by Digital River, a firm that specializes in setting up or improving profitable online stores like Apple and Dell have, and we...
Facing down the nastiest alien creatures in "Gears of War 2" may seem like a cakewalk compared to the big boss battle awaiting the video game industry this Christmas -- maintaining strong sales during an extremely challenging economic environment that has resulted in gaming retail outlets Circuit Ci...
Now you can get your fix of "Bulletproof Monk" and "American Gladiators" -- all without leaving the comfort of YouTube. Yes, the king of user-generated, short-form video is now embracing the other kind: studio-generated, feature-length films. Yes, this is the same YouTube that said long-form video w...
The military squad members from the hyperviolent "Gears of War" video game franchise are on your TV screen, sandwiched in between football scoring drives or reality show arguments or autopsies on "CSI Des Moines." Only there's not a insectoid killer alien to be seen for miles in this particular comm...
Just two days after regional consumer electronics chain Circuit City declared bankruptcy, Best Buy has slashed its earnings forecast for the upcoming holiday season and much of 2009. The retail giant forecast fiscal 2009 earnings of about $2.30 to $2.90 per share, down from a prior forecast of $3.25...
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