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Best Buy looks strong heading into holiday
NEW YORK - Best Buy on Thursday reported unexpectedly strong and better-than-expected profit and sales for the third quarter, gaining new momentum as it heads into the holiday shopping season. It was the first time since the third quarter of last year that Best Buy reported positive comparable store sales. -
Petco fetches deal with e-retailer
As the pet supply industry continues to experience record growth, Petco is looking to expand its online offerings to include prescription services and more premium products.
Petco has agreed to acquire Drs. Foster & Smith, a Wisconsin-based online pet store founded by veterinarians. Drs. Foster & Smith specializes in pet care and education and is known for veterinary expertise on prescription medications and premium products for dogs, cats, fish, birds, reptiles, horses and small animals.