Best Buy News & Media
Black Friday goes bye-bye as retailers revamp holiday sales strategy
November 5, 2020
Black Friday is no longer in play with retailers as the infamous kick-off to holiday shopping just isn't doable or safe or even wanted by consumers this year…
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Best Buy latest retailer to close on Thanksgiving Day
July 29, 2020
Electronics powerhouse Best Buy is latest retailer to decide to close on Thanksgiving Day.
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Best Buy to customers: Wear a mask
July 16, 2020
Best Buy is requiring shoppers to wear face masks in stores due to the ongoing COVID-19 pandemic and the fact many states are seeing record-breaking numbers of…
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Best Buy furloughing over 50,000 workers
April 15, 2020
Best Buy, one of the few remaining retailers that hasn't had a workforce reduction since the advent of COVID-19, plans to furlough 51,000 hourly associates…
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Best Buy in contactless service mode
April 1, 2020
In an effort to keep employees and customers safe as the coronavirus pandemic rages on, electronic giant Best Buy has implemented contactless curbside service…
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Why retailers should adopt a flexible e-commerce strategy
by Judy Mottl — Editor, RetailCustomerExperience.com & DigitalSignageToday.com
In an interview with Retail Customer Experience, Darin Archer, chief strategy officer at Elastic Path, details the importance of deploying flexible e-commerce…
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Best Buy now Apple expert, repair partner
June 26, 2019
Best Buy stores nationwide are now offering Apple authorized services via the Best Buy Geek Squad.
read nowBest Buy puts exercise equipment on its shelves
June 24, 2019
Electronics retailer, Best Buy, is now selling exercise bikes, rowing machines and treadmills.
read nowBest Buy CFO moving into CEO come June
April 22, 2019
Best Buy CEO Hubert Joly will leave his role this June and become board executive chairman while CFO Corie Barry will take the helm of the electronics retailer.
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Best Buy CEO talks melding digital with physical for a winning retail strategy
by Elliot Maras — Editor, Kiosk Marketplace & Vending Times
Rather than falling victim to economic winds, Best Buy harnessed its resources and created a turnaround strategy that included matching Amazon on price and…
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Kagan: How Best Buy transformed itself for success
by Jeff KAGAN — Wireless Analyst, Telecom Industry Analyst
Jeff Kagan explains why Best Buy is a model of success that struggling retailers may want to take note. The retailer saw what was coming and transformed to…
read nowAmazon partners with Best Buy on Amazon Fire TV strategy
April 19, 2018
Amazon is partnering with Best Buy in an exclusive agreement to sell its Amazon Fire smart televisions sold via Best Buy's Insignia brand and Toshiba.
read nowBest Buy doling out employee bonuses
February 8, 2018
The country's top consumer electronics retailer intends to hand out bonuses to more than 100,000 employees due to the new corporate tax reform law.
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Best Buy embraces innovative tech to deliver a richer customer experience
by Judy Mottl — Editor, RetailCustomerExperience.com & DigitalSignageToday.com
The electronics retailer is prepping enhanced text communication by tapping the emerging communication protocol, Rich Communications Services, to provide…
read nowBest Buy shares take a dive despite robust sales
September 4, 2017
While Best Buy enjoyed a 5.4 percent same-store quarterly sales boost and a revenue spike of 4.8 percent in the most recent quarter, its shares dropped 1…
read nowBest Buy heading into big sales seasons with ecommerce confidence
August 30, 2016
Best Buy is gearing up for the holiday season with confidence, given some robust sales achievements.
read nowBest Buy shuffles leadership in succession effort
June 3, 2016
Electronics retailer Best Buy will have a new chief administrator and financial officer come June 14.
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Best Buy revenue dips and trend likely to continue this year
February 26, 2016
Sluggish electronics sales will hinder Best Buy revenue in first half of the year.
read nowJolly holiday season not so jolly for Best Buy
January 15, 2016
Electronics retailer faces biggest stock dip in a year due to weak holiday sales and what analysts view as a slump in mobile phones, electronics segment.
read nowSquare will sell mPOS tablet stands at Staples
November 5, 2013
Square announced a deal to sell its Square Stand in Staples, according to Tech Crunch. Square Stand is a $299 piece of hardware that turns a merchant's iPad…
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