Content about Best Buy

August 26, 2014

Best Buy Co. earned $146 million in the second quarter, down from $266 million in the year-ago period, topping analysts earnings estimates even as its revenue fell short.

June 25, 2014

Best Buy Inc. is reportedly considering selling off its Chinese business or finding a partner to help operate it.

May 22, 2014

Best Buy Co. Inc. swung to a net profit in the first quarter of fiscal 2015 from a net loss in the same period a year earlier, but missed estimates with a drop in sales.

May 16, 2014

Best Buy has exceeded its goal of reducing energy consumption by 20% by 2020 as part of the Department of Energy’s Better Buildings Challenge issued by President Barack Obama in 2011.

May 1, 2014

Best Buy is updating its home theater departments with in-store Sony shops.

May 1, 2014

Best Buy is updating its home theater departments with in-store Sony shops.

May 1, 2014

Editor’s Note: The 25th annual Chain Store Age survey of Fastest-Growing Acquirers surveyed retail square footage purchased during the 2013 calendar year.

Lenders are lending again, the equity markets are investing again, and buyers and sellers appear to be moving retail real estate faster than last year — which was a relatively good recovery year.

April 15, 2014

Best Buy Inc.’s president of U.S. retail stores, Shawn Score, 48, has retired, effective immediately, after spending 29 years with the company.

April 10, 2014

Zynga Inc. named former Best Buy executive David Lee as CFO, effective April 14, as the online games company and creator of “Farmville” seeks to return to growth.

April 2, 2014

An electronic musician reportedly planted 5,000 copies of his own CD inside fake copies of the Justin Bieber “Believe” CD in retailers including Best Buy, Target and Wal-Mart on April 1.

March 17, 2014

According to a recent IBM report, retailers should no longer feel threatened by the practice of retail showrooming. Agreed, and also great news for traditional brick-and-mortar retailers.

February 27, 2014

Best Buy’s “Renew Blue” cost reduction program appears to be succeeding, as the retailer reported profit instead of loss during the fourth quarter and fiscal year 2013.

February 27, 2014

Best Buy’s “Renew Blue” cost reduction program appears to be succeeding, as the retailer reported profit instead of loss during the fourth quarter and fiscal year 2013.

January 30, 2014

As part of a restructuring Best Buy Canada will be consolidating sales departments and reducing management layers in Future Shop and Best Buy stores, resulting in the layoff of about 950 full-time employees across both Future Shop and Best Buy brands.

January 16, 2014

Best Buy Co., Inc. saw its revenues for the nine-week holiday period ended Jan. 4, 2014 fall 2.5% from the same period a year earlier.

January 14, 2014

Best Buy Co. announced the appointment of Thomas L. "Tommy" Millner to its board of directors.

December 2, 2013

Location: 8801 Queens Blvd., Forest Hills, N.Y.

Size: 445,000 sq. ft.

Developer: Forest City Ratner Cos.

Major tenants: Target, Best Buy, Macy’s Furniture, DSW, Skechers, Outback Steakhouse, Red Lobster

Status: Opened in 2001

November 26, 2013

RBC, Best Buy and Future Shop are partnering to offer a redemption option in Canada that provides clients access to more than 90,000 merchandise and electronic items, through the RBC Rewards online channel.

November 26, 2013

RBC, Best Buy and Future Shop are partnering to offer a redemption option in Canada that provides clients access to more than 90,000 merchandise and electronic items, through the RBC Rewards online channel.

November 19, 2013

Best Buy reported net income of $54 million during the third quarter amid tight cost controls, compared to a net loss of $10 million during the same period a year earlier, beating analyst predictions for a more modest net income.

November 19, 2013

Best Buy reported net income of $54 million during the third quarter amid tight cost controls, compared to a net loss of $10 million during the same period a year earlier, beating analyst predictions for a more modest net income.

November 19, 2013

At 8 a.m. on Friday, Nov. 22, Wal-Mart will kick off a pre-Black Friday savings event in stores and online, lowering the prices on popular toys and electronics, to match select Black Friday offers from Target, Toys R' Us and Best Buy one week early.

November 8, 2013

Best Buy is the latest major retail chain to prepare for an early start to Black Friday. More than 1,000 Best Buy stores in 47 states will open their doors at 6 p.m.

November 8, 2013

Best Buy is the latest major retail chain to prepare for an early start to Black Friday. More than 1,000 Best Buy stores in 47 states will open their doors at 6 p.m.

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