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WEDNESDAY, NOVEMBER 25, 2009
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NEWS ABOUT: Best Buy

Best Buy stories: 27 news summaries

21 - 27 of 27 Stories | << Prev 1 2

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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 »

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Google • Intel • Sprint Nextel • WiMAX • Clearwire • Best Buy • Dan Hesse

TV Makers Scoff at Your Puny Recession

Say buyers will continue snapping up flat panels; investors not so sure

Jan 29, 08 2:04 PM CST
(Newser) - Who cares if there’s a recession? The Super Bowl’s on! Even after the worst retailing Christmas in years, the makers of flat-panel, high-definition TVs are confident their trendy product will keep selling, spurred by falling prices and prime tube-watching events like the Olympics. One market-research firm is predicting... More »

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television • Sony • recession • flat screen TVs • Sharp • consumer electronics • Best Buy • LCD TV • Circuit City • Wal-Mart

States, Sellers Drooling Over Gift Card Sales

Retailers add revenue when they're used, but states want their share

Jan 27, 08 2:19 PM CST
(Newser) - After enduring tepid holiday sales, retailers are happily awaiting $8 billion from shoppers with unused gift cards—because only then can sellers claim the added revenue, BusinessWeek reports. But some US states say that their unclaimed-property laws enable them to extract a piece of the left-over card pie. What's really... More »

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Florida • New York • US states • Virginia • US economy • Delaware • retail sales • retail stores • Best Buy • retail shopping • retail technology • gift card

Retailers Await Last-Minute Gift From Shoppers

Procrastinators find
big sales, long lines

Dec 24, 07 9:17 AM CST
(Newser) - Last-minute shoppers navigated long lines over the final pre-Christmas weekend, nudging retailers toward the modest growth in sales they’d expected. Deep discounts cut into profits, but retailers like Macy's and Kmart stayed open around the clock to accommodate shoppers, the Wall Street Journal reports. “The procrastinators finally got... More »

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online retailers • Macy's • retail sales • Christmas • holiday shopping • discounts • Best Buy • Kmart

Consumers Open Wallets Wide

Spending index records biggest increase since July 2005

Dec 21, 07 11:14 AM CST
(Newser) - Consumer spending grew 1.1% in November, its biggest rise since July 2005. The better-than-predicted figure accompanied a revised 0.4% October gain, adjusted from 0.2%. Taken together, the numbers “postpone fears of a recession at least until next year,” said one economist. Jobs numbers and salaries... More »

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recession • consumer spending • Best Buy • job

MARKETS

Stocks Climb After Rough Day

Contrary instincts make for roller-coaster session

Dec 18, 07 3:40 PM CST
(Newser) - The market was up and down all day today as investors divided on whether to applaud cash injections and welcome good earnings reports or fret over bad housing numbers and inflation concerns. The Dow ultimately climbed 65.27 to 13,232.47, the Nasdaq added 21.57 to 2,596.... More »

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inflation • Goldman Sachs • Nasdaq • Best Buy • S&P 500

Best Buy
Profit Soars
52% in 3Q

Less discounting helps retail giant best expectations

Dec 18, 07 12:21 PM CST
(Newser) - A consumer hankering for big-ticket items—and a willingness to pay closer to full price for them—helped Best Buy's third-quarter profit rise 52%, reports the Wall Street Journal. Absent last year's discounting on flat-screen TVs, the country's largest electronics chain posted Q3 net income of $228 million, or... More »

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profits • retail sales • revenue • holiday shopping • Best Buy

21 - 27 of 27 Stories | << Prev 1 2


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