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


News
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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Blog
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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NPD: Apple, Best Buy Top 2011 CE Brands   13 Feb, 2012

Burgeoning sales of tablet mini-computers and ongoing consumer demand for smartphones helped drive...More>>

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