Posted by Reuters: Business News on January 6, 2012
(Reuters) – Best Buy Co appeared to gain market share from rivals in the United States during the key holiday season and stood by its profit outlook for the financial year despite a 1.2 percent same-store sales decline in December.
Posted by Reuters: Business News on December 8, 2011
HONG KONG (Reuters) – Two Chinese appliance and electronics retailers, regarded by some as the country’s answers to Best Buy Co Inc , are racing to beef up their e-commerce arms and tap the booming but highly competitive online retail market.
Posted by Reuters: Business News on November 27, 2011
NEW YORK (Reuters) – U.S. retails racked up a record $52.4 billion in sales over Thanksgiving weekend, a 16.4 percent jump from a year earlier, as early hours and attractive promotions brought out more shoppers, an industry trade group said on Sunday.
Posted by Reuters: Business News on
NEW YORK (Reuters) – Having the right products at the right price at the right time helped make Best Buy Co Inc one of the early winners in what was a record start for U.S. retailers to the holiday shopping season.
Posted by Reuters: Business News on November 7, 2011
LONDON/NEW YORK (Reuters) – U.S. electronics retailer Best Buy Co Inc is buying its British partner out of a fast-growing U.S. mobile phone joint venture for $1.3 billion and scrapping plans for a chain of European megastores, it said on Monday.
Posted by Reuters: Business News on
LONDON (Reuters) – U.S. electricals retailer Best Buy Co Inc will pay $1.3 billion to buy its British partner out of a fast-growing U.S. mobile phone venture, while abandoning plans for a chain of European megastores, it said on Monday
Posted by Reuters: Business News on September 28, 2011
NEW YORK (Reuters) – Best Buy Co, the world’s largest consumer electronics chain, will cut its hiring of temporary workers in the United States this holiday season by almost half compared with 2010.
Posted by Reuters: Business News on September 13, 2011
(Reuters) – Best Buy Co reported weaker-than-expected quarterly results and cut its profit outlook for the year as shoppers held off on buying televisions and other nonessential items in the anemic U.S. economy.
Posted by Reuters: Business News on June 21, 2011
NEW YORK (Reuters) – Best Buy Co’s board raised its quarterly dividend by 7 percent to 16 cents a share and approved a plan to buy back $5 billion of common stock, sending its shares up about 4 percent.
Posted by Reuters: Business News on June 14, 2011
NEW YORK (Reuters) – Best Buy Co Inc’s sales promotions helped it win smartphone shoppers from its online and discount rivals and beat Wall Street estimates in its first quarter, sending shares up over 4 percent.
