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Best Buy Co., Inc.

Best Buy Co., Inc.
A collection of news and information related to Best Buy Co., Inc. published by this site and its partners.

Top Best Buy Co., Inc. Articles

Displaying items 85-96
  • Retailers seen unlikely to warm up to Apple Pay

    Retailers seen unlikely to warm up to Apple Pay
    Apple Inc's launch of its own tap-to-pay system using near-field communication in its new iPhones and smartwatches may not be a game changer after all. The success of Apple Pay, unveiled at a gala launch on Tuesday, hinges on the willingness of retailers...
  • Rakuten says to buy U.S. rebate site operator Ebates for $1 billion

    TOKYO (Reuters) - Japanese e-commerce firm Rakuten Inc said on Tuesday it would buy U.S. Internet discounter Ebates Inc for $1 billion, extending an acquisition spree in a deal whose logic has been questioned by analysts and investors alike. The move...
  • Canadian retailers bet on technology in fight with U.S. giants

    TORONTO (Reuters) - Canadian retailers, scrambling to keep pace with the likes of Wal-Mart Stores Inc and Amazon.com Inc in an increasingly crowded market, are investing heavily in high-tech tools to lure shoppers. Companies have ramped up their...
  • Japan's Rakuten considers buying U.S. web operator Ebates; shares fall

    TOKYO (Reuters) - Shares in Rakuten Inc fell to their lowest in over two months on Monday as investors questioned the ability of Japan's biggest e-commerce firm to digest another acquisition after the company said it was considering buying a U.S....
  • Best Buy hits on profit, falls shy on revenue

    Best Buy Co.'s second-quarter profit was higher than expected, but its sales fell short and executives remained cautious for the second half of the retailer's fiscal year. They cited industrywide drops in sales of consumer electronics products and...
  • RadioShack shareholder negotiating rescue package: Bloomberg

    (Reuters) - RadioShack Corp's second-largest shareholder, Standard General LP, is negotiating a rescue package with investors to help the consumer electronics retailer ward off bankruptcy, Bloomberg reported, citing people with knowledge of the matter....
  • Best Buy says sales to fall as more shoppers buy online

    Best Buy says sales to fall as more shoppers buy online
    (Reuters) - Best Buy Co Inc, the largest U.S. consumer electronics retailer, said same-store sales were expected to fall and higher discounting would erode margins in the second half of the year. Best Buy's shares fell as much as 7 percent on Tuesday...
  • Best Buy sales continue to fall

    Best Buy sales continue to fall
    Best Buy Co. Inc. said sales fell in its second quarter and will likely keep dropping amid weak demand for consumer electronics products. The downbeat forecast comes as more shoppers purchase electronic gadgets online rather than from big-box retailers....
  • The day ahead in business

    The day ahead in business
    Reports: August consumer confidence, July durable goods, S&P/Case Shiller home prices for June and 2Q, FHFA home price index for June and 2Q, Redbook and ICSC-Goldman Sachs weekly retail chain sales   Local earnings: None Other earnings: Best Buy Co....
  • Corporate founders battle boards to overturn forced exits

    NEW YORK (Reuters) - From American Apparel Inc to Lululemon Athletica Inc , Men's Wearhouse Inc and Best Buy Co Inc , a series of boardroom battles across North America underscore how difficult it can be for companies to part ways with their founders. In...
  • Best Buy says holiday season disappointing, stock tanks

    Best Buy Co. watched its stock plunge more than 27% in morning trading Thursday after announcing poor holiday results that suffered from heavy competition and deep discounting. The consumer electronics retailer said revenue for the nine weeks ended Jan....
  • Retail Roundup: Lego earnings are awesome, J.C. Penney sees profit

    Retail Roundup: Lego earnings are awesome, J.C. Penney sees profit
    Lego: Everything is awesome for toy brick company Lego, which said Thursday that its global sales rose 10% last year even as the global toy market suffered a slight revenue slide. The Danish company, whose star turn in “The Lego Movie” has...