Best Buy Offers Online Movie Service Nov 4, 2009
Best Buy Co. is trying to nudge consumers away from its stores' DVD aisles by making it easier for them to rent and buy movies over high-speed Internet connections. The largest U.S. retailer of consumer electronics is setting up its digital delivery service in partnership with CinemaNow, which has deals with the major movie studios. (ABC News -- Business)
DSG to Deliver Washers for Free to Fight Back Against U.K. Supermarkets Nov 4, 2009
Competition is set to increase, with U.S. giant Best Buy Co. planning five big box stores by spring next year, and John Lewis Partnership Plc opening smaller home stores. At the margin, all these paid-for services are good, but its going to take a long time for the customer to notice them, said , an analyst at Liberum Capital with a sell recommendation on DSG. It probably doesnt cost them much to offer, but theres no way their competitors will let them take... (Bloomberg -- UK)
Best Buy enters Web movie store business Nov 4, 2009
Best Buy Co. said Tuesday it will soon offer an online movie store that will compete with 's iTunes, thanks to a licensing deal with. The Roxio CinemaNow system from Novato, Calif. (Louisville Business First, KY)
Deluxe mines LinkedIn, Twitter for recruits Oct 27, 2009
Other local companies, such as Target Corp. and Best Buy Co. Inc., have social-networking-marketing platforms, but that s to be expected from those types of companies. Target s retail Facebook page, for example, has more than half a million fans, and its corporate Facebook page has a thread of positive testimonials from employees. (Twin Cities Business Journal, MN)
Nokia Salesman-Turned-CFO Challenges IPhone at AT&T, Seeks to Revive Stock Oct 26, 2009
Nokia this year introduced the 7705 Twist, a square phone marketed by Verizon Communications Inc. Ihamuotila helped reach a deal in April with AT&T to offer Nokias first smart phone with a Qwerty keyboard in the U.S. This month, Nokia signed an agreement with AT&T, and retailer Best Buy Co. to sell the new Booklet 3G mini-laptop in the U.S.. Only now is Nokia seriously willing to listen to AT&T, said , an analyst at Greenwich, Connecticut-based MKM Partners LLC. AT&T demands a high... (Bloomberg)
Apple Lurks as Kindle, Nook Squeeze Out Sony Oct 23, 2009
1-inch touch-screen of the new $399 reader promised from , a spinoff of , that will start showing up in U.S. Best Buy stores shortly, along with 3G support from and books from Barnes & Noble. Further over the horizon from Silicon Valley startup Plastic Logic is the Que, which is promised for early 2010 and may have the largest screen in the industry, 10. (Bloomberg -- Columnists)
For Halloween stores, there’s an upside to economic downturn Oct 23, 2009
Suzanne Mulvee, senior economist at Property & Portfolio Research, estimates there is 269 million more square feet in vacant retail space - the equivalent of about 5,000 full-size Best Buy stores - across the country compared with a year ago. That gives retailers bargaining power, she said. (Boston Globe)
New Rocketfish with Rocketboost Expandable Wireless Audio System Creates Seamless Home Audio Experience Oct 22, 2009
Source: Best Buy Co., Inc. ... MINNEAPOLIS--(BUSINESS WIRE)--Best Buy Co., Inc. (NYSE: - ) announced today the release of the Rocketfish wireless whole home audio system ... About Best Buy Co., Inc.. (Yahoo! Wire -- Entertainment News)
US consumer electronics spending to rise this Christmas: CEA Oct 20, 2009
A customer shops at a Best Buy store in Miami, Florida, in September 2009. US consumer electronics spending is expected to be slightly better this Christmas season than last year, the Consumer Electronics Association (CEA) said Monday in its annual survey. (Yahoo! Asia News)
Best Buy to open 24-hour store in NY Oct 15, 2009
Best Buy Co. Inc. plans to open a new store in New York City s Union Square, at the corner of 14th Street and Fourth Avenue. The 48,000-square-foot store will be open from 8 a.m. Monday through midnight Saturday. (Twin Cities Business Journal, MN)
Who needs a key? IPhone app unlocks and starts car Oct 15, 2009
The SmartStart remote-start and lock system going on sale at Best Buy stores for $499 ... It's going on sale at Best Buy stores for $499. (USA Today -- Tech)
Nokia netbook to be $300 with AT&T contract Oct 14, 2009
Nokia's netbook, the Booklet 3G, will be on sale at Best Buy stores and online on Oct. 22 when Windows 7 launches. To get the discounted price, consumers have to sign a two-year contract for AT&T's wireless connection plan, which will cost 60 dollars plus taxes each month. (Xinhuanet, China)
Advance Auto revs up online sales Oct 13, 2009
Advance Auto CEO Darren Jackson, a former Best Buy Co. Inc. executive, targeted e-commerce as a major growth channel for Advance Auto after taking the helm in late 2007. The company in Campbell, Calif. (Twin Cities Business Journal, MN)
US jobless claims fall to 10-month low Oct 9, 2009
Companies looking to add staff include Richfield, Minnesota-based Best Buy Co. The world's largest electronics retailer last month said it plans to hire more seasonal holiday workers this year to help meet demand for Internet-connected flat-panel televisions and mobile phones. Those cutting jobs include Windstream Corp, a Little Rock, Arkansas-based fixed-line phone company, which said last week it plans to trim about 350 positions, or 4. (Sydney Morning Herald -- Business)
Carphone Warehouse TalkTalk Unit Gains 15,000 Customers in Second Quarter Oct 8, 2009
TalkTalk sells broadband and fixed-line phone services, and Best Buy Europe is a retail business operated in a venture with Richfield, Minnesota-based Best Buy Co.. TalkTalk will end the financial year with a broadband base of between 4. (Bloomberg -- UK)
Dell Consumer Laptops and Desktops in the US, UK and Germany to Come with a Year of Napster Oct 3, 2009
Inspiron and Studio Models Sold Through Dell direct channels and through Best Buy stores in U.S. will include 60 MP3s and 12 months of unlimited on-demand streaming. Press Release. (Yahoo! Wire -- Entertainment News)
Moms decry child-care aid cuts Oct 1, 2009
Best Buy Co. President and Chief Executive Brian Dunn on Wednesday rejected the notion that the consumer electronics retailer is driving its market-share gains by discounting. When Michael Steinberg died on July 26, the world lost one of its most eloquent and enlightening voices on the subject of classical music. (Yahoo News -- Child Welfare)
Monster and Beats by Dr. Dre Announce U.S. Launch of First Artist Line: "Heartbeats by Lady Gaga" New Headphones with Lady Gaga Style and the Sound of Dr. Dre Oct 1, 2009
"Noel Lee, Head Monster, noted: Best Buy is a long time partner of Monster, and it's great to unite with them on the launch of Heartbeats, a fusion of sound with fashion. Heartbeats not only had to look great, they had to sound great. Using Monsters latest headphone technologies, that vision comes true. There is no headphone that sounds quite like it, regardless of price. Hope you love listening to it as much as we did creating it. Enjoy.Different Versions of Heartbeats by Lady... (Yahoo! Wire -- Entertainment News)
Will E-Books Transform the Way We Read? Sep 30, 2009
The new iRex eReader will go on sale in selected Best Buy stores in a month or so. It's about $400 and has a larger screen than Kindle 2, which is down to $299. (CBS News -- Evening News)
Caught Red Handed Grabbing Girls in Stores Sep 30, 2009
It happened Sunday at a Best Buy Store in Ontario ... Target Store employees then witnessed the man leave the store and walk into the Best Buy Store. (FOX61, CT)
US durable goods orders slip in August Sep 26, 2009
Customers walk by a display of washing machines at a Best Buy store in San Francisco, California. Orders for US durable goods fell 2. (Yahoo! Asia News)
Tom Petty and The Heartbreakers to Release Multiple Disc, Career-Spanning The Live Anthology Sep 25, 2009
The collectors deluxe package will be in Best Buy stores on November 22nd. All other configurations will be in stores and available online on November 24th. (Yahoo! Wire -- Entertainment News)
US holiday spending forecast at US$810mil Sep 22, 2009
Best Buy Co, the countrys largest electronic chain, recently raised its full-year forecast on improving sales trends and stabilising customer traffic after reporting that profit in its most recent quarter was weakened by promotions and sales of low-margin notebook computers. Famed investor Warren Buffett said the terror that followed last years near-collapse of the financial system had dissipated, but that he did not believe the United States had begun to climb out of the worst recession... (The Star Online, Malaysia -- Business)
Report: Postal worker stole Best Buy rewards Sep 22, 2009
A U.S. Postal Service employee has pleaded guilty to charges that he bought nearly $200,000 in goods from Best Buy Co. Inc. using pilfered rewards certificates, according to a report in the Minneapolis Star Tribune. The employee, Douglas Parkes Jr. of St. Michael, stole the rewards certificates from a Minneapolis mail distribution center. (Twin Cities Business Journal, MN)
Holiday Spending Seen Flat Sep 21, 2009
Best Buy Co , the nation's largest electronic chain, recently raised its full-year forecast on improving sales trends and stabilizing customer traffic after reporting that profit in its most recent quarter was weakened by promotions and sales of low-margin notebook computers. 1. (ABC News -- Business)
Opening of stores delayed Sep 20, 2009
In November 2008, a new Best Buy store was announced for developer Larry Lee s new Chimney Rock Center near the northeast corner of Northeast Loop 338 and Highway 191 ... Lee didn t address the schedule for the Best Buy store. (Odessa American, TX)
US consumers coming back cautiously Sep 19, 2009
Best Buy Co, the largest US electronics chain, sees sales trends improving and customer traffic stabilising, although people are still gravitating toward cheaper items. This certainly isnt 2005, when Americans were feeling flush from rising real estate and stock market values and buying up flashy cars and flat-screen televisions, piling up a record amount of debt in the process. (The Star Online, Malaysia -- Business)
Best Buy gains market share Sep 17, 2009
NEW YORK Best Buy Co., the largest U.S. electronics retailer, said yesterday second-quarter earnings fell below expectations, but the company gained market share and said it sees signs customer traffic is stabilizing. Best Buy raised its profit guidance for the year, but shares fell 2 percent. (Honolulu Advertiser)
Advance Pushes Nasdaq and S&P 500 Toward Seventh Straight Monthly Gain Sep 17, 2009
com - Advance Pushes Nasdaq and SToward Seventh Straight Monthly Gain. eIBD Investor's Business Daily Digital Edition. (Investors Business Daily)
Wall Street Hits 2009 Highs, Led by Materials Sep 16, 2009
A stronger-than-expected rise in retail sales notwithstanding, shares of retailers got hit by disappointing results from Best Buy Co Inc and Kroger Co , both of which reported quarterly profits below expectations. 1. (ABC News -- Wire)
Stocks Rise on Retail Sales, Manufacturing Data Sep 16, 2009
7 percent last month, and disappointing earnings from two major retailers, Best Buy Co. and Kroger Co., also failed to push the stock market off course. 1. (ABC News -- Wire)
Retail Sales Rise More Than Expected In August Sep 16, 2009
Store traffic is up slightly at Best Buy Co. Inc., but it, too, said shoppers are spending less. The company raised its conservative sales and earnings expectations but said the weak economy would keep a lid on spending. (Click2Houston, TX)
Best Buy misses expectations as sales drop Sep 16, 2009
RICHFIELD, Minnesota - Best Buy Co., the largest U.S. electronics retailer, said Tuesday second-quarter results fell below expectations as sales at established stores fell. Still, the retailer raised its guidance for the year based on stabilizing customer traffic. (MSNBC -- Business)
Samsung's Four Seasons of Hope and Eli Manning Kick off $1 Million Technology Giveaway Competition for U.S. Schools Sep 16, 2009
As part of his commitment to Four Seasons of Hope, Manning filmed a public service announcement about technology and education that will air during the month of October in Best Buy stores and broadcasted on the DIRECTV network nationwide. And a donation representing a portion of Samsung purchases made at Best Buy stores during the contest period will be made for the benefit non-profit organizations focused on youth education. (Yahoo! Wire -- Entertainment News)
Apple store will open doors Saturday Sep 16, 2009
NEW YORK -- Best Buy Co., the largest U.S. electronics retailer, said Tuesday that second-quarter earnings fell below expectations, but the company gained market share and said it sees signs customer traffic is stabilizing. Best Buy raised its profit and sales guidance for the year, but shares fell 2 percent. (The Augusta Chronicle)
Stocks End Down, But Up For Week Sep 13, 2009
eIBD Investor's Business Daily Digital Edition. Access recent eIBD issues easily. (Investors Business Daily)
Best Buy Co. Sep 13, 2009
Local Search Site Search. THIS STORY HAS BEEN FORMATTED FOR EASY PRINTING. (Boston Globe)
US stocks fall after five days of gains Sep 12, 2009
Electronics retailer Best Buy Co. fell $1. 29, or 3. (The Star Online, Malaysia)
Earnings schedule for week of 9/14/09 Sep 12, 2009
Best Buy Co. releases second-quarter financial results. CINCINNATI Kroger Co. releases second-quarter financial results. (Yahoo News -- Press Releases)
Diagnoses vary on Obama health-care speech Sep 10, 2009
AP Photo - A shopper walks past television screens showing President Barack Obama delivering in Washington a speech on health care to a joint session of Congress, Wednesday, Sept., 9, 2009, at a Best Buy store in Omaha, Neb. Wednesday, Sept. 9, 2009. (Fresno Bee -- Nation)
Microsoft and Best Buy Gang Up On Linux Sep 10, 2009
Picture a Best Buy store. You've all been in one and they all look relatively the same so you should be able to take part in this exercise. (Yahoo News -- Technology)
•Franklin tweaks Best Buy contract Sep 9, 2009
Franklin tweaks Best Buy contract ... Franklin tweaks Best Buy contract ... Mayor Fred Paris and company officials at Best Buy Co. distribution center ended an agreement that set aside the company's property taxes since 1994 in a special fund for improvements to the facility. (The Daily Journal)
Local Students Inspired by Obama's Speech Sep 9, 2009
Meanwhile, hundreds of students filled the parking lot at an Alexandria Best Buy store for a special watch party Tuesday evening. It was the first day back to school for students in the community and they were excited -- not only about getting back to class -- but also that the president took the time to wish them well. (ABC 7 News, DC)
Tweet for hire: More big businesses hire tweeters Sep 3, 2009
Best Buy Co. Inc. riled up the social-media world earlier this summer with a job posting for a senior manager of emerging media marketing. One of the job requirements, as originally posted, called for applicants to have more than 250 followers on Twitter. (MSNBC -- Business)
Zune HD to Target iPod Touch With Its Own Apps Aug 26, 2009
That revelation came into focus over the weekend when several users reported seeing an "Apps" item on the menu in demo units of the Zune HDs on view at Best Buy stores. While the demo Zunes were apparently unable to connect to the marketplace that would sell third-party apps, the menu item strongly implies that feature will be available at launch or soon after. (SmallBusinessComputing)
Taking advantage of system Aug 26, 2009
I could not believe my eyes when I saw the picture of the Fresno police officers standing in front of the Best Buy Store at River Park [Nov. 17. (Fresno Bee -- Opinion)
Cash for Appliances: The New ClunkersFederal program will offer rebates on energy-efficient home appliances. Aug 21, 2009
A customer looks at a refrigerator on display at a Best Buy store May 28, 2009, in San Francisco. A customer looks at a refrigerator on display at a Best Buy store May 28, 2009, in San Francisco, Calif. (ABC News)
New wireless audio system Aug 20, 2009
Sony Corp. and Best Buy Co. say they are going to sell a multi-room audio system that they developed together, and the electronics chain will promote it with demonstration displays in most of its stores ... Sony, Best Buy announce wireless audio system Articles (08-18) 13:59 PDT NEW YORK, (AP) -- Sony Corp. and Best Buy Co. say they are going to sell a multi-room audio system that they developed together, and the electronics chain will promote it with demonstration displays in. (San Francisco Chronicle -- Technology)
Netbooks take toll on Hewlett-Packard Aug 19, 2009
The company relies on a network of 80,000 retailers, including the Best Buy Co. and Wal-Mart Stores Inc. chains. To attract more price-conscious shoppers, the company has expanded into netbooks -- stripped-down laptops that typically sell for less than $US400. (Sydney Morning Herald -- Business)
Sony Prices New E-Reader Aug 19, 2009
Sony's new Readers, called the PRS-300 and PRS-600, are expected to go on sale later in August at such U.S. retailers as Best Buy Co. and Wal-Mart Stores Inc. The smaller Sony device costs US$100 less than Amazon's least-expensive Kindle. By Staff Writer. (JCN Network, Japan)
Residents report credit card fraud Aug 18, 2009
On Aug. 12, an Oakley Road woman reported someone attempted to use her credit card information to make purchases totaling more than $4,000 at a Best Buy store in Minnesota, according to a police report. The transaction didn t go through. (Belmont Citizen Herald, MA)
Best Finds: Back to School With Budget Laptops Aug 18, 2009
Customers browse laptops at a Best Buy store in San Francisco in this file photo ... Customers browse laptops at a Best Buy store in San Francisco in this file photo. (ABC News)
It's Not the Economy, Stupid Aug 18, 2009
For every one-tenth-of-a-point increase in employee engagement, each Best Buy store increased profits by $100,000 a year. So consider all of those who aren't inspired to put their hearts into their work. (BusinessWeek)
Rock Band Kiss to Sell First New Music in 11 Years Exclusively at Walmart Aug 17, 2009
based in Minneapolis, is exclusively releasing Pearl Jams new record, The Fixer, and Best Buy Co. put out Guns N Roses Chinese Democracy. . (Bloomberg -- US)
Microsoft Begins Zune HD Pre-Orders Aug 17, 2009
Furthermore, the release teased that select Best Buy stores across the country would get "sneak peeks" of the device on August 22 and 23. The sneak peak will take place in stores in Atlanta, Chicago, New York, Los Angeles, and others (). (IGN Gear)
Scottsdale charges pair of forgery case Aug 13, 2009
Two men were arrested on fraud and forgery charges at a Best Buy store in Scottsdale after trying to use bad checks to try to buy laptop computers. The men were arrested last Thursday at the Best Buy at Frank Lloyd Wright Boulevard and the Loop 101, according to Scottsdale Police. (Phoenix Business Journal, AZ)
HD radio not living up to hype Aug 13, 2009
Lorenzo Flores, general manager at the Best Buy store in Daytona Beach, said more customers have been inquiring about the HD radios in the past three to six months, coinciding with the national switch from analog to digital television. "I can't give you numbers on sales," Flores said. (Daytona Beach News Journal -- Business)
Wii Battery Recharging Stations Recalled Aug 13, 2009
The Psyclone Essentials stations were sold at Target, Toys "R'' Us and Amazon.com nationwide. The React stations were sold at Best Buy stores nationwide. Both were available between January 2008 and July 2009 for about $50.Consumers should immediately stop using these recharge stations and contact Griffin International to obtain information on how to return the product and receive a free replacement.Find more details by calling 888-344-4702; or visiting or . Copyright 2009 by . All rights... (KSBW 8, CA)
220,000 Wii recharging stations recalled Aug 12, 2009
The React stations were sold at Best Buy stores nationwide. Both were available between January 2008 and July 2009. (MSNBC -- Technology)
iMemories, home-movie digitizer, gets $6.2 million Aug 11, 2009
2 million from investors and struck deals to market its services in Best Buy Co. Inc. and Blockbuster Inc. stores. iMemories Inc. will announce the financing today. (AZCentral -- Business)
Publicis Groupe acquires Razorfish from Microsoft Aug 10, 2009
Razorfish's major clients include Ford Motor Co., Best Buy Co., McDonald's Corp. and Starwood Hotels & Resorts Worldwide Inc.. Publicis is the world's fourth largest communications company with ad agencies including Leo Burnett,Publicis, Saatchi & Saatchi and media buyers Starcom MediaVest Group and ZenithOptimedia. (Xinhuanet, China)
French company to buy Microsoft ad firm Aug 10, 2009
In addition to Microsoft, Razorfishs major clients include Ford Motor Co., Best Buy Co., McDonalds Corp. and Starwood Hotels & Resorts Worldwide Inc.. (Msnbc. (MSNBC -- Business)
Publicis to Buy Microsoft's Razorfish for $530M Aug 10, 2009
In addition to Microsoft, Razorfish's major clients include Ford Motor Co., Best Buy Co. , McDonald's Corp. and Starwood Hotels ts Worldwide Inc.. Razorfish will continue to operate under its brand name and be part of VivaKi, the new Publicis Groupe entity created in June 2008 to reflect independent operations of Digitas, Starcom MediaVest Group, Denuo and ZenithOptimedia. (ABC News -- Wire)
Managing your money Aug 10, 2009
Best Buy employee Andrea Coronado, left, speaks to a customer about flat-panel televisions at a Best Buy store in Atlanta on June 15. By Jayne O'Donnell and Michelle Walbaum, USA TODAY Manufacturers and retailers often suggest that paying extra for an extended warranty is buying peace of mind. (USA Today -- Money)
Best Buy's Amazing Price Match Aug 8, 2009
August 7, 2009 - A Best Buy store in Utah is testing a new price match policy to help compete with lower used price sales at Gamestop and Game Crazy. The policy, which was recently implemented, will allow customers to purchase brand new games for the used prices at those competing stores (seen below via ). (IGN PS2)
