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NEWS ABOUT: Best Buy

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Best Buy: We Can't Fill All These Online Orders

Company says some customers are out of luck

(Newser) - If you're waiting on Best Buy to ship a last-minute Christmas gift, better check your email. The retailer is informing customers that it can't fill all online orders, reports the Chicago Tribune . It's not clear yet how many will be affected. One analyst chalks it up to... More »

Woman Gets in Line 9 Days Before Black Friday

Christine Orta excited for Best Buy deals that 'you can't beat'

(Newser) - Sure, Black Friday isn't for another week, but it's tough to resist the siren call of cheap TVs... A Florida woman and three other families pitched tents in front of a Best Buy in St. Petersburg on Wednesday—yep, 9 days before the big day—and the eager... More »

Black Friday: Marine Stabbed While Collecting Toys for Tots

Alleged shoplifter stabbed him while trying to get away

(Newser) - Black Friday always seems to bring out a few ne’er-do-wells, and yesterday was no exception: An alleged shoplifter is accused of stabbing a Marine—who was collecting Toys for Tots donations, no less—at a Georgia Best Buy. Cpl. Phillip Duggan, 24, was attempting to stop Tracey Attaway, 39,... More »

Geek Squad: Best Buy's Killer App

Entrepreneur works with retail giant to give it an edge

(Newser) - Most entrepreneurs don't stay long after their companies are bought by corporate behemoths—but most entrepreneurs aren't Robert Stephens, the founder of Geek Squad who's meshed his creation with Best Buy to create a billion-dollar customer-service army. Stephens started Geek Squad in college, guiding the company to a solid enterprise... More »

Best Buy, Dr. Dre Woo Would-Be DJs

'Club Beats' area will offer pro gear to budding novices

(Newser) - Best Buy is hoping the fascination with sound quality and all things DJ will make its new “Club Beats” in-store sections a hit. The new areas will be heavily promoted by Dr. Dre—whose Beats by Dr. Dre headphones will feature prominently—as well as other artists like Lady... More »

Best Buy Noses Into Online Movie Market

Streaming service will come pre-loaded on gadgets

(Newser) - Best Buy has partnered with online provider CinemaNow to develop a movie downloading service that will come preloaded on the bulk of its Internet-capable electronics. The move follows a 13% slump in DVD sales for the year that has had the company casting about for a new revenue stream. It... More »

Got 250 Twitter Followers? Best Buy May Have Opening

It may be the first time social-networking popularity has been a job requirement

(Newser) - For possibly the first time, an active Twitter following is a job requirement, the Telegraph reports. Best Buy asked that candidates for a senior marketing position at the company’s Minnesota headquarters have at least 250 followers for their Twitter pages. The posting also lists “1 year of active... More »

iPhone Too Dainty? Rugged Competitors Can Take Beating

New offerings can be used as hammers, soaked, dropped

(Newser) - The iPhone might be pretty, but it’s probably best not to use it as a hammer. If you’re looking for a phone that can handle such treatment—and can be thrown, showered with, or plunged into beer—your best bet may be one of the rugged models from... More »

Best Buy Joining Digital Movie Biz

Service may come built-in to electronics

(Newser) - Best Buy plans to join the digital movie market this summer to offset declining DVD sales, Variety reports. The retailer is in talks with film providers such as CinemaNow—also Blockbuster's supplier—and may market TVs or Blu-ray players with built-in access to the movie library. That would put Best... More »

Circuit City Liquidation Sales Will Begin Tomorrow

Consumer-electronics chain has $1.3B in inventory to get rid of

(Newser) - Circuit City will begin the liquidation of $1.3 billion in inventory across 567 stores in special sales tomorrow, Reuters reports. The company hasn’t said anything specific on the discounts it might offer, but markdowns are likely to be deep. Gift cards from the chain will be redeemable at... More »

With Fewer Retail Jobs, More Cheating on Hiring Test

Unicru exam, used by Best Buy and others, unpopular with many job-seekers

(Newser) - Cheat on the personality test many retailers make job applicants take as part of the hiring process and you’ve got one foot in the door—and a lot of company, reports the Wall Street Journal. The computer-administered tests are feeding a growing culture of savvy applicants who share answers,... More »

Best Buy Offers Used iPhones for $50 Less

Retailer tries to undercut the competition with refurbished handsets

(Newser) - With an eye to newly frugal consumers, Best Buy is offering refurbished iPhone 3Gs for about $50 less than new handsets, Reuters reports. The retailer offers previously owned 8- and 16-gigabyte iPhones (returned in 30 days or less) for $149 and $249, respectively. Best Buy may be trying to undercut... More »

iPhones Hit Wal-Mart on Sunday

Discount retailer shaves whopping $2 off price for gizmo

(Newser) - Wal-Mart shoppers will notice a flashy new phone on the shelves Sunday, but the price may induce sticker shock, Reuters reports. The iPhone is making its long-awaited Wal-Mart debut, but the 8-gigabyte version comes with a $197 price tag and requires a 2-year AT&T contract. Rumors had flown that... More »

Chinese Democracry No Boon for Best Buy

Chain bought exclusive sales rights to new album

(Newser) - Best Buy paid millions for exclusive sales rights to Guns N’ Roses latest effort, but of 1.3 million copies ordered, only 318,000 have left the shelves, the Wall Street Journal reports. The chain was betting Chinese Democracy would be the record of the year. Instead, it debuted at... More »

Dow Ends Down Month Up 102

(Newser) - Stocks gained today despite retailers' dour holiday prospects, because the market has already priced in much of the bad news, MarketWatch reports. Amid very light trading, the Dow gained 102.43 points to close at 8,829.04, extending its positive streak into a fifth day. "There's a bit... More »

'Bleak Friday' May Keep TV Prices Down All Season

Deals on flat screens could extend all month

(Newser) - If your holiday wish list includes a flat-panel TV, you may not have to battle crowds on Black Friday to land a deal, reports the Wall Street Journal. Struggling electronics retailers anticipating a bleak holiday season are likely to extend traditionally low day-after-Thanksgiving prices—which could top 50% savings on... More »

Dow Sinks 411 on Bad News

Nasdaq below 1,500 for first time in 5 years

(Newser) - Stocks plunged again today as another wave of poor earning reports soured investor sentiment, the Wall Street Journal reports. Henry Paulson's announcement of yet another new direction for the federal bailout failed to inspire confidence as the Dow closed down 411.30 points at 8,283. The Nasdaq lost 81.... More »

Stocks Drop on Retail, Auto Woes

Dow drops, Best Buy disappoints, Detroit begs

(Newser) - Stocks headed south at the open today, as traders worried over a weak holiday season and the crashing auto industry. The Dow fell 166 points, while the S&P and Nasdaq shed 1.9% and 1.5% respectively. The latest sign of a retail apocalypse came from Best Buy, which... More »

Best Buy to Sell iPhone

Apple big seller in stock next month

(Newser) - Electronics retail giant Best Buy will begin selling the iPhone in its 970 stores next month—becoming the first retailer to stock the line other than Apple stores and AT&T outlets, which often run out of the popular phone. Best Buy is the only outside retailer to have exclusive... More »

As Digital Gains, Album Sales Plunge 11%

Music biz turmoil as CDs plummet

(Newser) - CDs continue to go the way of the 8-track, losing further ground to digital music. Another big drop in CD sales is being driven by the closure of Virgin stores and reduced shelf space at outlets like Target. CD sales are off 16% over the last 12 months and total... More »

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