Samsung takes another page from Apple’s playbook, plans 1,400 mini-stores with Best Buy
Samsung (005930) plans to follow in Apple’s (AAPL) footsteps by opening new shops inside of Best Buy (BBY) stores nationwide. The company plans to open …
Best Buy
How you know Samsung has hit it big: Best Buy is giving it its own in-location ‘store’
Congratulations, Samsung (005930) — Best Buy (BBY) is honoring you with a distinction that it’s previously only given to Apple (AAPL). Unnamed sources have told …
Best Buy founder drops plans for buyout
Best Buy (BBY) on Friday announced that it did not receive an offer from founder Richard Schulze for a proposed buyout. Schulze originally planned to …
Best Buy makes online price-matching policy permanent
Tired of losing sales to the likes of Amazon (AMZN), Best Buy (BBY) has made its online price-matching policy permanent. “Showrooming” — or, the practice …
Best Buy holiday sales slide despite online boost
Best Buy (BBY) on Friday reported sales results for the nine-week period ending on January 5th, 2013. The nation’s largest consumer electronics retailer said total …
Two directors resign from Best Buy board
One of the more interesting companies to watch in 2013 is Best Buy (BBY), and the show started right from the get-go in 2013. As …
Best Buy extends deadline for founder’s takeover bid to February
Reports surfaced last month that Best Buy (BBY) founder and former CEO Richard Schulze, who is trying to buy his former company, had asked the retailer for …
Best Buy hit with $27 million in damages for stealing trade secrets
A jury in California has determined that Best Buy (BBY) must pay $22 million in damages for improper use of another company’s trade secrets, and …
Buyout proposal might be Best Buy’s best bet for survival
Shares of Best Buy (BBY) tumbled on Tuesday following the company’s weaker-than-expected earnings report. The struggling consumer electronics retailer posted third-quarter results of $0.03 per …
Best Buy has invested 50,000 hours training employees to help consumers make sense of Windows 8
With its new Windows 8 operating system, Microsoft (MSFT) has brought a complete overhaul to the Windows platform that includes an emphasis on the Metro …
Best Buy will reportedly sell its Insignia Flex tablet for around $250
Best Buy’s (BBY) Insignia Flex Tablet teased last week will cost between $239 and $259, nearly half the price of an Apple (AAPL) iPad, according to …
Best Buy will sell Insignia Flex Tablet with 9.7-inch screen and ICS next month
Best Buy (BBY) is preparing to go head-to-head with the iPad and every single Android tablet on the market. The electronics retail store casually posted an …
Best Buy to match online retailer pricing this holiday season, including Amazon
Best Buy (BBY) is looking to better compete with online retailers such as Amazon (AMZN) this holiday season and will reportedly begin to match prices …
Best Buy iPhone 5 preorders may not be fulfilled for another month
Those who thought they would be safe preordering an iPhone 5 from Best Buy (BBY) might be in for some bad news. 9to5Mac got its hands on …
Best Buy founder has 60 days to revise buyout offer
Best Buy (BBY) on Monday announced that it has reached an agreement with the company’s founder Richard Schulze that permits him to form an investment group …
Best Buy profit plummets 91% in Q2
Best Buy’s (BBY) major structural changes may be necessary, but the company is in for a rocky ride during this transitional period. The big box …
Best Buy names new CEO with buyout bid still on the table [updated]
Best Buy (BBY) on Monday announced that former Carlson boss Hubert Joly will take over as chief executive officer beginning next month. The retail giant’s …
Best Buy founder’s plan to turn things around: Shrink the ‘big box’ and be more like Apple
Best Buy (BBY) founder Richard Schulze sees the writing on the wall: the era of big-box consumer electronics stores is coming to an end. The Wall Street …
Best Buy founder makes $8.5 billion bid to take company private
Best Buy (BBY) founder and the company’s largest shareholder Richard Schulze has offered as much as $8.5 billion to take the company private, Bloomberg reported …
Best Buy founder building executive team ahead of buyout
Best Buy (BBY) founder Richard Schulze plans to take the massive nationwide retailer private once again, and he is reportedly recruiting a team of executives to …
Best Buy to lay off 2,400 workers
Best Buy plans to lay off approximately 2,400 employees according to a recent report. Dow Jones Newswires on Friday reported that Best Buy will soon dismiss …
Best Buy discounts Retina-equipped MacBook Pro, still costs over $2,000
Best Buy has decided to give its customers a little bit of relief if they decide to buy a new MacBook Pro with Retina display, …
Best Buy founder looks to take the retailer private
After ousting its CEO and closing a slew of stores, it’s safe to say that Best Buy has had a difficult year. As the company’s stock continues …
Microsoft expanding $99 Xbox program to Best Buy, GameStop
$99 Xbox 360 consoles just got a little bit easier to find. Xbox Live programming director Larry “Major Nelson” Hryb said on Tuesday that Microsoft …
Best Buy tops expectations in Q1, online revenue and mobile sales up
Best Buy on Tuesday reported results for the first quarter of 2012. The electronics retail giant posted better-than-expected earnings per share, despite declining store sales. …
New iPad now ships in 3 to 5 days
Almost two months after Apple unveiled its latest tablet, the new iPad continues to see shipping delays when ordered online. Availability of the device in the U.S. …
Canalys: Expect more big-box retailers to tumble
Following Best Buy’s announcement that it would shutter 50 retail locations as part of an effort to cut costs, one market research firm said it …
Best Buy CEO Brian Dunn resigns [updated]
Best Buy on Tuesday announced that its director and chief executive officer Brian Dunn has resigned from the company effective immediately. Director G. Mike Mikan has …
Best Buy posts mixed Q4 earnings, plans to close 50 U.S. stores
Best Buy on Thursday reported results for the fourth fiscal quarter of 2012. The nationwide retail giant had missed Wall Street’s estimates in both the …
iPad launch day: Where are all the sell-outs?
iPad launch day is quite a fiasco. Apple Stores around the country see eager customers line up hours or even days ahead of the tablet’s …
