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SUNDAY, NOVEMBER 8, 2009
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NEWS ABOUT: Best Buy

Best Buy stories: 26 news summaries

1 - 20 of 26 Stories | 1 2 Next >>

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Best Buy Noses Into Online Movie Market

Streaming service will come pre-loaded on gadgets

Nov 3, 09 10:11 AM CST
(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 »

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digital downloads • digital video • consumer electronics • Best Buy • online movie rentals • retail businesses • DVDs • CinemaNow

Got 250 Twitter Followers? Best Buy May Have Opening

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

Jul 14, 09 2:49 PM CDT
(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 »

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social networking • media • marketing • blogging • blog • Best Buy • Twitter • microblogging

 iPhone Too Dainty? 
 Rugged Competitors 
 Can Take Beating 

New offerings can be used as hammers, soaked, dropped

Jul 14, 09 11:46 AM CDT
(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 »

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technology • cell phones • iPhone • Nokia • cell phone industry • Best Buy • gadget • Sonim

 Best Buy Joining 
 Digital Movie Biz 

Service may come built-in to electronics

Apr 17, 09 8:57 AM CDT
(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 »

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entertainment • film • DVD • Blockbuster • Netflix • Best Buy • Amazon

Circuit City Liquidation Sales Will Begin Tomorrow

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

Jan 16, 09 4:35 PM CST
(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 »

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retail • bankruptcy • credit crisis • consumer electronics • Best Buy • Circuit City • financial crisis

With Fewer Retail Jobs, More Cheating on Hiring Test

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

Jan 7, 09 9:41 AM CST
(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 »

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Best Buy • retail technology • Circuit City • retail businesses • financial crisis • employment testing • Unicru • Kronos

Best Buy Offers Used
iPhones for $50 Less

Retailer tries to undercut the competition with refurbished handsets

Jan 6, 09 12:09 PM CST
(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 »

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iPhone • Apple • Best Buy • Wal-Mart • refurbishing • retail businesses • iPhone 3G

iPhones Hit Wal-Mart on Sunday

Discount retailer shaves whopping $2
off price for gizmo

Dec 26, 08 1:06 PM CST
(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 »

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iPhone • Best Buy • Wal-Mart

 Chinese Democracry
 No Boon for Best Buy 

Chain bought exclusive sales rights to new album

Dec 16, 08 1:42 PM CST
(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 »

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music industry • music sales • Guns N' Roses • Best Buy • Axl Rose • Chinese Democracy • album sales

MARKETS

 Dow Ends Down Month Up 102 


Nov 28, 08 12:42 PM CST
(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 »

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Dow Jones • General Motors • Nasdaq • Tiffany • Best Buy • S&P 500 • Dillards

'Bleak Friday' May Keep TV Prices Down All Season

Deals on flat screens could extend all month

Nov 26, 08 7:21 AM CST
(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... More »

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flat screen TVs • holiday shopping • consumer electronics • Best Buy • LCD TV • holiday sales

MARKETS

 Dow Sinks 411 on Bad News 

Nasdaq below 1,500 for first time in 5 years

Nov 12, 08 3:30 PM CST
(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 »

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Starbucks • Dow Jones • Macy's • Nasdaq • Best Buy • S&P 500 • hedge funds

MARKET Open

 Stocks Drop 
 on Retail, Auto Woes 

Dow drops, Best Buy disappoints, Detroit begs

Nov 12, 08 8:49 AM CST
(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 »

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stock market • retail • Dow Jones • earnings reports • Best Buy • earnings forecast

 Best Buy to Sell iPhone

Apple big seller in stock next month

Aug 13, 08 2:08 AM CDT
(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 »

MORE ABOUT:
iPhone • Apple • Best Buy • iPhone applications • Apple Store • App Store

 As Digital Gains,
 Album Sales
 Plunge 11% 

Music biz turmoil as CDs plummet

Jul 3, 08 6:35 AM CDT
(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 »

MORE ABOUT:
music industry • Universal Music Group • CDs • EMI • digital music • Warner Music • Madonna • Target • Best Buy • Lil Wayne • Coldplay • Virgin Records • Usher • Mariah Carey • album sales • Nielsen SoundScan • Leona Lewis • Danity Kane • Lenny Kravitz • Jack Johnson

MARKETS

 Slow Day Sees Modest Losses 

Stocks end mostly lower after Bernanke testimony

Apr 2, 08 3:48 PM CDT
(Newser) - The markets slid into negative territory after Ben Bernanke's Congressional testimony on the state of the economy today, but trading was generally low-key. "Flat is good," an economist told the Wall Street Journal. "People are getting their nerve back." The Dow ended down 45.44 at... More »

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Ben Bernanke • stock market • Merck • International Monetary Fund • IMF • Best Buy

'Retail Renting' or Stealing?
Stores Crack Down

Shoppers who repeatedly buy and return merchandise face tougher policies

Feb 22, 08 5:42 PM CST
(Newser) - It’s called “wardrobing” or “retail renting,” when a consumer buys, uses, and then returns merchandise, and the National Retail Federation says it’s growing more popular with shoppers, the Boston Globe reports. It's also becoming a bigger headache for merchants as the economy tightens and businesses... More »

MORE ABOUT:
JCPenney • US economy • retail sales • Best Buy • wardrobe • shoppers • Dillards • Bealls Department Stores

OPINION

Porn-Thieving Geek Squad Needs Spanking

Privacy invasion, and Best Buy's response, appalling, scribe says

Feb 21, 08 12:06 PM CST
(Newser) - No matter where you stand on pornography, Violet Blue writes in the San Francisco Chronicle, the theft of it from computers brought in for repair by Best Buy's Geek Squad is an appalling privacy violation—and the company's response isn't much better. After king Geek Robert Stephens brushed off a... More »

MORE ABOUT:
theft • privacy • pornography • child pornography • Best Buy • Geek Squad • Consumerist.com • adult performer • Jasmine Grey

MARKETS

Stocks Mixed on Bad Tidings

Dow, Nasdaq dip slightly amid more recession fears; S&P ticks up

Feb 15, 08 3:55 PM CST
(Newser) - The markets ended a blustery week today with a session of light losses and minor gains on bad economic news from retail and manufacturing, MarketWatch reports. The Dow fell 28.77 to 12,348.21, and the Nasdaq fell 10.74 to 2,321.80. The S&P 500 capitalized... More »

MORE ABOUT:
Dow Jones • stocks • Nasdaq • Best Buy • S&P 500 • Federal Reserve Bank of New York • manufacturing index

Sprint Nextel Revives WiMAX Plans

Mobile carrier looks for partners to cut cost of high-speed wireless network

Jan 30, 08 1:46 PM CST
(Newser) - Struggling Sprint Nextel, burdened with layoffs, retail store closings, and massive mobile-subscriber defections to AT&T and Verizon, may be getting back in the game. The company, which recently caved to investor pressure to drop plans for a $5-billion nationwide WiMAX network, is again talking with Clearwire, its partner in... More »

MORE ABOUT:
Google • Intel • Sprint Nextel • WiMAX • Clearwire • Best Buy • Dan Hesse

1 - 20 of 26 Stories | 1 2 Next >>


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