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A collection of news and information related to Best Buy Co., Inc. published by this site and its partners.
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Christmas Shopping: Mega Monday the Day After Holiday
Channel 2 NewsA recent survey found that around 1 in 5 Americans will spend 2 or more hours actually returning gifts this year. And that's just one of the reasons why people were visiting the Dimond Center Monday. While some stopped by stores to return or exchange...Tags: Religious Festivals, Nordstrom, Holidays
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Black Friday Comes Early for Some Anchorage Stores
Channel 2 NewsSkipping the turkey to shop? That's a question before thousands of Black Friday shoppers this holiday season. This year, stores are opening earlier than ever and people need to line up Thanksgiving afternoon in hopes of snagging a door- buster deal....Tags: International Travel, Kohl's, Old Navy, Travel, Black Friday (shopping)
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Anchorage Shoppers Search for Black Friday Deals
Channel 2 NewsBlack Friday deals could be found all over Anchorage, with some shoppers not even going to sleep after Thanksgiving dinner to take advantage of some stores that decided to open at midnight. Best Buy on Dimond was one of those stores choosing to open...Tags: Services and Shopping, Black Friday (shopping)
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Best Buy earnings slump on turnaround costs, Super Bowl shift
Best Buy Co. reported a net loss and sliding sales for its first quarter, weakness that the electronics retailer blamed on the costs of its ongoing turnaround and calendar shifts that affected the key Super Bowl selling day. Investors sent Best Buy...
Tags: Richard Schulze, New Products, JC Penney Company Inc., Science and Technology, Football
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The day ahead in business May 21
Earnings: Autozone Inc., Best Buy Co., Burberry Group Plc, Dick's Sporting Goods Inc., Home Depot Inc., Intuit Inc., Medtronic Inc., Red Robin Gourmet Burgers Inc., Saks Inc., TJX Cos. Annual meetings: Allstate Corp., Mondelez International Inc., Old...
Tags: Saks Inc., Red Robin Gourmet Burgers Incorporated, Intuit Incorporated, The Home Depot, Allstate Corp.
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J.C. Penney woes may persist as Best Buy rebounds
For a while, J.C. Penney and Best Buy seemed to be doppelgangers. The two retailers struggled with intensifying competition after years of comfortable stagnation. Beset by Wall Street skepticism and shaky consumer loyalty, each made sweeping attempts at...
Tags: JC Penney Company Inc., Economy, Business and Finance, Companies and Corporations, Computing and Information Technology Industry, Corporate Officers
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Best Buy leaving Europe to streamline business
Electronics retailer Best Buy Co. is leaving Europe, selling its stake in a partnership with London telecommunications company Carphone Warehouse Group as it attempts to simplify its operations. The Minneapolis chain said Tuesday that the boards of both...
Tags: Richard Schulze, Economy, Business and Finance, Companies and Corporations, Science and Technology, Joint Ventures
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Internet Sales Tax Bill – Backed By Obama – Expected To Pass Senate This Week
A measure to empower U.S. states to require out-of-state retailers to collect online sales tax is expected to pass the Senate this week, after winning official backing from President Barack Obama Monday. Seventy-four senators voted Monday to limit debate...Tags: Barack Obama, Sales, Economy, Business and Finance, Wal-Mart Stores, Inc., Max Baucus
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Best Buy founder Richard Schulze returns as chairman emeritus
Best Buy founder Richard Schulze is throwing his support behind the current management, returning as chairman emeritus to the electronics retailer he left in a haze of scandal last year and then tried to buy out. Schulze is bringing with him former...
Tags: Richard Schulze, Economy, Business and Finance, Companies and Corporations, Science and Technology, Politics
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The best way yet to proclaim love for a tax cheat
Ernst & Young LLP received the usual kid-glove treatment given to too-big-to-fail enterprises when it reached a settlement with the U.S. Justice Department over illegal tax shelters it sold more than a decade ago. The government chose not to prosecute the...Tags: Cendant Corporation, Prisons, Economy, Business and Finance, Hinsdale, HealthSouth Corp
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Best Buy takeover bid falls through, earnings show signs of hope
Richard Schulze, Best Buy Co.’s largest shareholder, missed his window this week to attempt a takeover of the electronics retailer. But if its fourth quarter financials are any indication, the struggling company may not need him. Best Buy,...
Tags: Richard Schulze, Amy Poehler, Quarterly or Semiannual Financial Statements
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Best Buy cutting 400 jobs to save $150 million
This post has been updated. See the note below for details.Struggling electronics retailer Best Buy Co. Inc. said Tuesday that it is cutting 400 employees at its Richfield, Minn., headquarters in an effort to save $150 million. Most of the savings won’t come from salaries, according to a company...Tags: Richard Schulze, Science and Technology, Amy Poehler, Electronics, Amazon.com Inc.
Dec 26, 2011
|Story| KTUU
Nov 22, 2011
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Nov 25, 2011
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May 21, 2013
|Story| Los Angeles Times
May 21, 2013
|Story| Chicago Tribune
May 10, 2013
|Story| Los Angeles Times
Apr 30, 2013
|Story| Los Angeles Times
Apr 23, 2013
|Story| Hartford Courant
Mar 25, 2013
|Story| Los Angeles Times
Mar 8, 2013
|Column| Allentown Morning Call
Mar 1, 2013
|Story| Los Angeles Times
Feb 26, 2013
|Story| Los Angeles Times
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