Kagan: How Best Buy transformed itself for success

Kagan: How Best Buy transformed itself for success

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 survive.

Amazon partners with Best Buy on Amazon Fire TV strategy

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. The strategy, which will kick off this summer, is to expand Amazon’s Fire TV brand within the brick-and-mortar landscape, according to a USA Today report.

Best Buy doling out employee bonuses

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. The New York Post reported it will be doling out one-time payments of $1,000 to full-time...

Best Buy embraces innovative tech to deliver a richer customer experience

Best Buy embraces innovative tech to deliver a richer customer experience

The electronics retailer is prepping enhanced text communication by tapping the emerging communication protocol, Rich Communications Services, to provide deeper information to consumers and enhance the customer connection.

Best Buy shares take a dive despite robust sales

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 12 percent last week. The sales figure, according to a New York Post report,...

Best Buy heading into big sales seasons with ecommerce confidence

Best Buy is gearing up for the holiday season with confidence, given some robust sales achievements. The electronics retailer, according to a CNBC report, enjoyed a 23.7 percent boost in online sales in its fiscal second quarter. It was also the company's second consecutive quarter of growth.

Best Buy shuffles leadership in succession effort

Electronics retailer Best Buy will have a new chief administrator and financial officer come June 14. Chief administrator and CFO Sharon McCollam will leave her post but remain in an advisory role until January 28, 2017, according to an announcement....

Best Buy revenue dips and trend likely to continue this year

Best Buy revenue dips and trend likely to continue this year

Sluggish electronics sales will hinder Best Buy revenue in first half of the year.

Jolly holiday season not so jolly for Best Buy

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.

Square will sell mPOS tablet stands at Staples

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 into a mobile POS with card-swiping capabilities. The agreement covers 1,000 Staples locations and follows other arrangments to sell the device at Best Buy and Apple stores.

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