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Best Buy Co., Inc.

Best Buy Co., Inc.
A collection of news and information related to Best Buy Co., Inc. published by this site and its partners.

Top Best Buy Co., Inc. Articles

Displaying items 1-11
  • Still Want A White iPhone?

    We've been promised it for almost a year. The white iPhone 4 is rumored to be coming out Wednesday. A screen shot of a Best Buy inventory screen shows availability, but that has happened before. We'll see...
  • Best Buy hits on profit, falls shy on revenue

    Best Buy Co.'s second-quarter profit was higher than expected, but its sales fell short and executives remained cautious for the second half of the retailer's fiscal year. They cited industrywide drops in sales of consumer electronics products and...
  • RadioShack shareholder negotiating rescue package: Bloomberg

    (Reuters) - RadioShack Corp's second-largest shareholder, Standard General LP, is negotiating a rescue package with investors to help the consumer electronics retailer ward off bankruptcy, Bloomberg reported, citing people with knowledge of the matter....
  • Best Buy says sales to fall as more shoppers buy online

    Best Buy says sales to fall as more shoppers buy online
    (Reuters) - Best Buy Co Inc, the largest U.S. consumer electronics retailer, said same-store sales were expected to fall and higher discounting would erode margins in the second half of the year. Best Buy's shares fell as much as 7 percent on Tuesday...
  • Best Buy sales continue to fall

    Best Buy Co. Inc. said sales fell in its second quarter and will likely keep dropping amid weak demand for consumer electronics products. The downbeat forecast comes as more shoppers purchase electronic gadgets online rather than from big-box retailers....
  • The day ahead in business

    The day ahead in business
    Reports: August consumer confidence, July durable goods, S&P/Case Shiller home prices for June and 2Q, FHFA home price index for June and 2Q, Redbook and ICSC-Goldman Sachs weekly retail chain sales   Local earnings: None Other earnings: Best Buy Co....
  • Corporate founders battle boards to overturn forced exits

    NEW YORK (Reuters) - From American Apparel Inc to Lululemon Athletica Inc , Men's Wearhouse Inc and Best Buy Co Inc , a series of boardroom battles across North America underscore how difficult it can be for companies to part ways with their founders. In...
  • Retail Roundup: Lego earnings are awesome, J.C. Penney sees profit

    Retail Roundup: Lego earnings are awesome, J.C. Penney sees profit
    Lego: Everything is awesome for toy brick company Lego, which said Thursday that its global sales rose 10% last year even as the global toy market suffered a slight revenue slide. The Danish company, whose star turn in “The Lego Movie” has...
  • Best Buy says holiday season disappointing, stock tanks

    Best Buy Co. watched its stock plunge more than 27% in morning trading Thursday after announcing poor holiday results that suffered from heavy competition and deep discounting. The consumer electronics retailer said revenue for the nine weeks ended Jan....
  • Are J.C. Penney's turnaround moves wise or foolish?

    It's not looking pretty for J.C. Penney. The Plano, Texas, company said this week that it plans to close 33 under-performing stores around the country by early May and shave 2,000 jobs off its books. Chief Executive Myron Ullman called the move —...
  • Think Black Friday is best day to get a deal? Think again

     Think Black Friday is best day to get a deal? Think again
    As the hardiest of shoppers prepare for the annual Black Friday consumption frenzy, many are convinced it's their one shot at a great deal. But "that's not even close to the truth," said Matthew Ong, senior retail analyst at online personal finance...