Tag: Best Buy

April 5, 2018

Sadly for millions of Americans, Toy R Us may soon be a relic of our collective, nostalgic history. The $10 billion company’s announcement of its pending liquidation has sent tremors across the toy industry. The retail giant helped pave the […]

March 5, 2018

In the latest exodus from the mall, Best Buy announced it is closing all 250 of its smaller format, mall-based stores. The locations sell mobile phones, device and accessories. Best Buy entered the small-scale mall business in 2006 riding the […]

March 2, 2018

Best Buy shuttering small-format stores Best Buy announced it will shutter 250 of its small-format mobile phone stores by the end of May. The stores, most of which are in shopping malls, have become less profitable for the electronics chain […]

March 1, 2018

Best Buy got its merchandise mix right during the holiday quarter, and the iPhone X’s late release, which hurt sales in the third quarter, helped boost them in Q4. The healthy U.S. housing market and the decline of Sears also […]

February 21, 2018

This time, Circuit City is actually coming back from the dead. Or is it? The brand is finally making good on a promise made over a year ago by retail veterans Ronny Shmoel and Albert Liniado to bring back the […]

February 13, 2018

Coming off a year that set records for bankruptcies and store closures, the message at Future Stores Miami last week was clear: Retail isn’t dead, mediocre retail is dead. During the intimate, three-day conference, this phrase was repeated many times […]

February 7, 2018

MIAMI — As the saying goes, the customer is always right. But it’s an understatement to say that times have changed since that philosophy was popularized, and these days Best Buy is getting ahead by boosting customer satisfaction, starting with […]

November 27, 2017

Over the last few years, some have suggested that Black Friday has lost its prominence in the holiday shopping season. But after a blockbuster week, it’s fair to say that Black Friday is back — only this time it’s making […]

October 31, 2017

Best Buy has launched free shipping, with no minimum purchase for the holidays. From now until Christmas Day, orders on BestBuy.com will ship at no cost. However, the retailer says store pickup is the fastest way to get a purchase, […]

August 29, 2017

Traditional electronics and technology products retailer Best Buy beats online retailer Amazon in the last twelve months. On Wall Street that is. Best Buy shares have gained 58.56% in the past twelve months compared to 22.45% of Amazon. That should […]

July 28, 2017

Best Buy on Thursday announced it will carve out space in 90 stores nationwide to dedicate to hands-on demonstrations of Dyson productions, according to a company blog post. The retailer is calling the spaces “Dyson Demo Experiences” because they’re set up […]

June 13, 2017

Customers who purchase expensive electronics only to return them days later has long been a bane of Best Buy and other retailers. But now the store is embracing this try-before-you-buy approach for certain products. Best Buy is teaming up with […]