November 24, 2014

Best Buy’s 43 Chicagoland stores are sporting a fresher look and assortment upgrades after the retailer’s $20 million overhaul earlier this year.

November 21, 2014

Count on Customer Growth Partners president and CEO Craig Johnson to provide a refreshing break from the standard Black Friday forecast.  Here’s his take on the top 10 retail-related holiday myths of 2014. 

November 21, 2014

It’s going to be a very good holiday for consumer electronics purchases, according to a survey by IHS Inc., with seven out of 10 U.S. consumers (68%) planning to buy consumer electronics during the 2014 holiday season. 

November 20, 2014

Best Buy on Thursday reported unexpectedly strong and better-than-expected profit and sales for the third quarter, gaining new momentum as it heads into the holiday shopping season. 

November 20, 2014

Best Buy on Thursday reported unexpectedly strong and better-than-expected profit and sales for the third quarter, gaining new momentum as it heads into the holiday shopping season. 

November 19, 2014

Best Buy Co. Inc. is partnering with shopping app provider Ibotta Inc. to drive Black Friday sales at Best Buy stores and on its website.

 

November 11, 2014

Best Buy has joined the ranks of retailers that have moved up the time their stores will open on Thanksgiving Day.

October 31, 2014

Canadian consumer electronics retailer Future Shop, a subsidiary of Best Buy, will open its third small-format store, in Cornwall, Ontario, in November.

October 31, 2014

Canadian consumer electronics retailer Future Shop, a subsidiary of Best Buy, will open its third small-format store, in Cornwall, Ontario, in November.

October 15, 2014

Intel debuted “The Intel Experience” in-store shops in 50 Best Buy locations nationwide.

September 24, 2014

Ron Johnson is reportedly stepping back into the public arena. The former J.C. Penney chief (and, before that, Apple retail head) is about to launch a “high-end, on-demand delivery service” for electronic devices, according to The Information.

September 4, 2014

Shoppers spent $50.17 billion online during the 2014 back-to-school shopping season, which represents a 16% gain from $43.26 billion in the year-ago period, according to eMarketer.

August 26, 2014

Best Buy Co. earned $146 million in the second quarter, down from $266 million in the year-ago period, topping analysts earnings estimates even as its revenue fell short.

June 25, 2014

Best Buy Inc. is reportedly considering selling off its Chinese business or finding a partner to help operate it.

May 22, 2014

Best Buy Co. Inc. swung to a net profit in the first quarter of fiscal 2015 from a net loss in the same period a year earlier, but missed estimates with a drop in sales.

May 16, 2014

Best Buy has exceeded its goal of reducing energy consumption by 20% by 2020 as part of the Department of Energy’s Better Buildings Challenge issued by President Barack Obama in 2011.

May 1, 2014

Best Buy is updating its home theater departments with in-store Sony shops.

May 1, 2014

Best Buy is updating its home theater departments with in-store Sony shops.

May 1, 2014

Editor’s Note: The 25th annual Chain Store Age survey of Fastest-Growing Acquirers surveyed retail square footage purchased during the 2013 calendar year.

Lenders are lending again, the equity markets are investing again, and buyers and sellers appear to be moving retail real estate faster than last year — which was a relatively good recovery year.

April 15, 2014

Best Buy Inc.’s president of U.S. retail stores, Shawn Score, 48, has retired, effective immediately, after spending 29 years with the company.

April 10, 2014

Zynga Inc. named former Best Buy executive David Lee as CFO, effective April 14, as the online games company and creator of “Farmville” seeks to return to growth.

April 2, 2014

An electronic musician reportedly planted 5,000 copies of his own CD inside fake copies of the Justin Bieber “Believe” CD in retailers including Best Buy, Target and Wal-Mart on April 1.

March 17, 2014

According to a recent IBM report, retailers should no longer feel threatened by the practice of retail showrooming. Agreed, and also great news for traditional brick-and-mortar retailers.

February 27, 2014

Best Buy’s “Renew Blue” cost reduction program appears to be succeeding, as the retailer reported profit instead of loss during the fourth quarter and fiscal year 2013.