Best Buy

Best Buy is finally joining the growing online gift registry market by offering wedding registry services.   More than 1.5 million couples register for wedding gifts each year. Options for these couples soon will improve with the Feb. 16 launch of the Best Buy Wedding Registry, enabling couples everywhere to register for their most-wanted tech essentials:  from wireless speakers to cameras and from Ultra HD TVs to ever-popular kitchen gadgets.  

Toronto – The board of directors of Sears Canada Inc. has named Ronald D. Boire as president and CEO. Boire has served as the company's acting president and CEO since Oct. 15, 2014.

Prior to his role with Sears Canada, Boire was executive VP, chief merchandising officer and president, Sears and Kmart Formats, Sears Holdings Corp. Prior to joining Sears Holdings in January 2012, Boire was president and CEO at Brookstone, a position he held from October 2009.

(L-R) Target's Brian Cornell and Walgreens' Alexander Gourlay

Minneapolis – Best Buy Co. Inc. had a happy holiday season, but the New Year is not looking so bright. The retailer is predicting flat to negative enterprise same-store sales during the first half of fiscal 2016.

Best Buy is basing this prediction on external pressures such as declining consumer excitement about high-profile products that sold well during the holidays, deflationary pricing and declining purchases of extended warranties.

With 2014 almost over, another holiday shopping season is drawing to a close. The looming question on everyone’s mind, of course, is whether holiday sales managed to live up to the (mostly) positive holiday forecasts from analysts and retail organizations.   

Minneapolis – Some customers are only midway through the race to finish their holiday shopping, some haven’t even left the starting line, but Best Buy is offering help to make sure they reach the finish line by Dec. 24. Best Buy Co Inc. is making thousands of products on BestBuy.com eligible for a free shipping upgrade.  

Minneapolis – Technology geeks do not have the reputation of being the people you turn to in a crisis, but travelers in Chicago’s O’Hare Airport who experience difficulty with their electronic devices just may find a geek is what they need. Agents from the Best Buy Geek Squad technical service will be available daily now through Dec. 23 in O’Hare’s Terminal 3, Concourse H, with a “Precinct” similar to those found in Best Buy stores.  

Minneapolis –  While some retailers, including Wal-Mart Stores, are ramping up their store presence in China,  Best Buy Co. is pulling up stakes. The consumer electronics chain has entered into a definitive agreement for the sale of its Five Star business to the Jiayuan Group, a China-based real estate firm.