6:31am ET
Retail
How Many Stores Can Best Buy Close?
Best Buy Co. Inc. (NYSE: BBY) founder Richard SchulzeThinkstock, who was thrown off the retailer’s board, may be about to return with a new offer to buy out the company. Reuters reports…
Companies
/Consumer Cyclical
Best Buy Co. Inc
$94.82
▲ $1.60 (+1.72%) today
Markets closed · 2:09am ET
BBY Coverage
Page 42
6:30am ET
Investing
Media Digest (11/9/2012) Reuters, WSJ, NYT, FT, Bloomberg
courtesy of AOLFormer Best Buy Co. Inc. (NYSE: BBY) chairman Richard Schulze will bid for the company, but at a level less than the $8 billion expected. (Reuters) China posts a 9.6%…
6:27am ET
Retail
Walmart Muscles into the Holidays
courtesy of Wal-Mart StoresWal-Mart Stores Inc. (NYSE: WMT) has decided to increase the ante as it tries to take sales away from other big-box retailers, consumer electronics chains and department stores. It…
4:31am ET
Media
Netflix — When a Raider Owns More Than the Founder
thinkstockFounders of major companies are sometimes pushed out by their boards. It is quite another thing for an outsider to do the same. Netflix Inc.’s (NASDAQ: NFLX) Reed Hastings has lost much…
6:18am ET
Investing
Media Digest (10/25/2012) Reuters, WSJ, NY Times, FT
thinkstockBest Buy Co. Inc. (NYSE: BBY) cuts forecasts. (Reutesr) Spain will increase the rate at which its helps its regional governments. (Reuters) The federal government sues Bank of America Corp. (NYSE: BAC)…
7:37pm ET
Commodities & Metals
Best Buy Warns — Coroner to Pick Up Body
Best Buy Co. Inc. (NYSE: BBY) should have hoped founder Richard Shulze might have bought the firm as he considered its financial status. Now, it may be too late. Best Buy offered…
6:50am ET
Investing
Media Digest (10/12/2012) Reuters, WSJ, NYT, FT, Bloomberg
Softbank may seek $23 billion in loans from Japanese banks as it tries to buy a controlling interest in Sprint Nextel Corp. (NYSE: S). (Reuters) Jeff Bezos of Amazon.com Inc. (NASDAQ: AMZN)…
2:03pm ET
Companies and Brands
Will Walmart Really Be Able to Challenge Amazon and Others on Deliveries?
News has been out all day about same-day delivery being tested by Wal-Mart Stores Inc. (NYSE: WMT). The move, if successful and if launched, is an obvious front to challenge the likes…
10:14am ET
Retail
Target to Join Crowd Not Reporting Monthly Sales (TGT, WMT, DG, SBUX, HD, LOW, BBY, ARO, BKS, M)
In its report today on September retail sales, Target Corp. (NYSE: TGT) announced that beginning in January 2013, the company would no longer report monthly sales figures, including same-store sales: This decision…
8:09am ET
Retail
Best Buy Still a Buyout Target
Best Buy Co. Inc. (NYSE: BBY) is still a buyout candidate. That is what Reuters has said in a report. Founder Richard Schulze and four named private equity firms have reportedly started…
6:27am ET
Retail
What the Holidays Mean to Best Buy
New management at Best Buy Co. Inc. (NYSE: BBY) has not articulated a turnaround plan, and that may be because there is none. The people who run the consumer electronics retailer cannot conjure…
6:27am ET
Investing
Media Digest (10/3/2012) Reuters, WSJ, NYT, FT, Bloomberg
The founder of Best Buy Co. Inc. (NYSE: BBY) is well along with an $11 billion buyout plan. (Reuters) As some companies leave Spain, the nation’s tax base falls. (Reuters) China’s services…
2:53pm ET
Retail
Four of Five Smartphone Users Go Shopping (AMZN, EBAY, AAPL, WMT, TGT, BBY)
The number of U.S. smartphone owners who use either their mobile browser or a dedicated app to visit a retail site totaled 89.5 million in July, representing about 4 out of every…
6:50am ET
Retail
Holiday Layaway Trends at Retailers, a Make-or-Break for 2012
Traditionally, consumers have either saved up for Christmas and holiday gift spending or added balances to their credit cards. That was before the recession and before the value hunt took off. The…
10:27am ET
Jobs
Holiday Hiring Season Begins (KSS, M, JCP, TGT, BBY, FDX, UPS)
In 2010, U.S. firms hired an estimated 627,000 temporary workers to help meet demand for customer service, package handling and warehousing. Of that total, about 495,000 were hired in retail stores. Last…