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Best Buy company news and information for the home entertainment industry.


News
Best Buy Downgraded Over CEO Concerns, Lack of Fiscal Guidance   22 Aug, 2012

Shares of Best Buy Co. Aug. 22 were downgraded to “underperform” from “neutral” by an...More>>

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Best Buy Income Plummets 90%   21 Aug, 2012

Best Buy Co. Aug. 21 reported second-quarter (ended Aug. 4) income of $12 million, down 91% from...More>>

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Best Buy Names New CEO   20 Aug, 2012

Best Buy Co. Aug. 20 named Frenchman Hubert Joly as the consumer electronics retailer’s...More>>

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Best Buy Founder Offers to Buy CE Retailer   6 Aug, 2012

Best Buy Co. Aug. 6 said founder and former chairman Richard Schultze sent the board of directors a...More>>

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Best Buy Back to Hiring   16 Jul, 2012

By the end of the year Best Buy will hire 500 employees for its in-home Geek Squad technology...More>>

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Best Buy to Lay Off 650 Geek Squad Employees   6 Jul, 2012

Best Buy Co. said it will cut 650 employees nationwide from its in-home Geek Squad technology...More>>

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Best Buy Bows ‘Connected’ Stores   2 Jul, 2012

Best Buy Co. has begun operating the first series of “connected” stores that showcase...More>>

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Best Buy Founder Looking to Take CE Retailer Private   26 Jun, 2012

Best Buy founder Richard Schulze is reportedly shopping around a possible leveraged buyout of the...More>>

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Best Buy Touts ‘Movie Cash’ Offers for Blu-ray Purchases   25 Jun, 2012

Best Buy promotes movie ticket coupons for the July 20 theatrical launch of director Christopher...More>>

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Best Buy Q1 Income Declines 26%   22 May, 2012

Best Buy Co. May 22 reported first-quarter (ended May 5) net income of $158 million, down nearly...More>>

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Best Buy Selects CEO Search Firm   21 May, 2012

Best Buy Co. May 21 said it has selected Spencer Stuart organize a nationwide search to consider...More>>

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Best Buy: Ex-CEO Showed ‘Extremely’ Poor Judgment; Given $6.6M Severance    14 May, 2012

Best Buy Co. May 14 said former CEO Brian Dunn demonstrated “extremely poor judgment” and a...More>>

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Best Buy (Kiosk) Mistreats the Wrong Consumer   1 May, 2012

Best Buy’s brand took a hit recently when a 'Time' magazine technology reporter endured a poor...More>>

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Blog
Don’t Count Best Buy Out Yet   26 Apr, 2012

What Best Buy has working in its favor is a recognizable brand, reputation for quality and, quite,...More>>

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NPD: Best Buy’s Demise a Fallacy   25 Apr, 2012

No. 1 consumer electronics retailer Best Buy Co. has taken its share of hits recently, including a...More>>

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Best Buy Offers Blu-rays at DVD Prices   23 Apr, 2012

Best Buy Co. is selling select new-release and catalog Blu-ray Disc movies (without UltraViolet)...More>>

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Best Buy Details Store Closures   15 Apr, 2012

Best Buy April 14 notified employees at 42 stores that their locations would close, most likely by...More>>

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Best Buy CEO Dunn Steps Down   10 Apr, 2012

Best Buy CEO and director Brian Dunn has resigned, the company announced April 10, less than two...More>>

Brian Dunn (Photo: AP Photo/Paul Sakuma)
News
Best Buy Posts $1.7B Loss, Shuttering 50 Big Box Stores   29 Mar, 2012

Best Buy Co. March 29 reported a fourth-quarter (ended March 3) net loss of nearly $1.7 billion,...More>>

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Best Buy Redesign a Bad Idea   29 Mar, 2012

It’s sad for me to hear Best Buy is in trouble. The culprit, the chain says, is that more and...More>>

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