Best Buy

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This Section at Best Buy Is About to Vanish for Good

Electronics retailer is phasing out DVD, Blu-ray sales by early 2024

(Newser) - Best Buy is saying goodbye to movie-watching with physical discs. The consumer electronics retailer plans to phase out its DVD and Blu-ray sales by early 2024—with physical movies set to be sold in stores and online as they are today through the holidays, Best Buy confirmed to the AP...

Here Are the Perks to Best Buy's $200 Annual Membership

Including installation services, unlimited tech support, free shipping

(Newser) - Love your devices, but hate dealing with issues? Best Buy is testing a new annual membership program to rival Amazon Prime. For $199.99 per year (or $179.99 per year with the Best Buy credit card), customers can enjoy unlimited tech support from the Geek Squad, free installations of...

Here Are the 10 Most Powerful Women in Business

Accenture CEO Julie Sweet tops 'Fortune' list

(Newser) - For nearly a quarter of a century, Fortune has published a list of the most powerful women in the business world, but this year the magazine notes it hasn't been "business as usual." Obviously, that's because of the pandemic and the effects it's had upon...

Crooks Ruin Their Robbery in Most Ridiculous Way

Seems one of three Houston robbers made an unexpected call

(Newser) - Note to burglars: Try to avoid butt-dialing 911 during your getaway. But that's apparently what three crooks did Sunday after hitting a Best Buy near Houston, ABC News reports. Officers were en route to the Sugar Land store when dispatch received a 911 call that transmitted only background noise....

Best Buy's New Strategy: Be Your Personal Tech Officer
Best Buy Defied Doomsayers.
Now, a New Strategy
longform

Best Buy Defied Doomsayers. Now, a New Strategy

Company is training team to be your 'personal chief technology officer'

(Newser) - Big-box retailer Circuit City went belly up in 2009 thanks largely to the encroach of Amazon. The widespread expectation was that rival Best Buy would soon follow. But it's now about a decade later, and, surprise, surprise, the chain is actually "thriving in the age of Amazon,"...

Well, the CD Had a Good Run While It Lasted

Best Buy, Target may hasten demise of 3-decade-old music format

(Newser) - Bad news for the future of CDs (and, let's face it, probably the future of CD wallets, too). Billboard reports two major CD retailers—Best Buy and Target—are reconsidering their relationship with the three-decade-old music format. Sources say Best Buy—which has gone from the "most powerful"...

Black Friday Sales to Watch Out For
Black Friday Sales
to Watch Out For

Black Friday Sales to Watch Out For

Including $99 laptops and a $190 PS4

(Newser) - Retailers including Sears, Kmart, and Target are kicking off holiday sales early this year as a report finds more shoppers plan to spread out their purchases, reports USA Today . Then there are those hoping to draw the Black Friday crowds. Though Nov. 24 is still weeks away, these retailers are...

5 Websites Where We Spent the Most on Black Friday

Amazon takes the cake with a 35.7% share of spending

(Newser) - Black Friday sales were up 7% this year over 2014 while Thanksgiving Day sales jumped 16%, according to Slice Intelligence 's analysis of online sales data. Not only that, but the weeks leading up to the biggest shopping day of the year saw a 14% boost with many sales...

Best Buy Website Goes Bust on Black Friday

Retailer's site experiences big outage on big shopping day

(Newser) - Consumers hoping to snatch up the best Black Friday deals had their plans somewhat interrupted this morning if they were trying to do so via Best Buy's website. BestBuy.com was down for more than an hour this morning, starting at about 9:50am EST, Re/Code reports; CNBC notes...

Black Friday Shoppers Get in Line 3 Weeks Early

2 Calif. women have been camping out next to a Best Buy since last week

(Newser) - Some stores are trying to resist Black Friday madness by refusing to open on Thanksgiving , but for die-hard shoppers, it's never too early to get ready for the mega-sales. Take Vicky Torres and Juanita Salas, who were already bundled up and camped out in front of the Beaumont, Calif....

What Stores Are Doing to Prevent Black Friday Freakouts

Tickets, Segways, live bands aim to keep shoppers calm

(Newser) - Ever since a Walmart worker was trampled to death five years ago on Black Friday, the chain has increased its efforts to ensure safe shopping. Now, a range of top retailers are trying everything from live music to off-duty police hires to prevent a recurrence of the tragedy. Among their...

Best Buy 'Deserves to Die'
 Best Buy 'Deserves to Die' 
OPINION

Best Buy 'Deserves to Die'

It's had a big turnaround, for no reason that Matthew Yglesias could find in the store

(Newser) - Best Buy is back from the brink. Profits are up, costs are down, and the share price has tripled since December. That's the good news. "The bad news," writes Matthew Yglesias at Slate , "is that the store is awful and deserves to die." Yglesias and...

Best Buy CEO Unloads Big Stake ... to Pay for Divorce

Hubert Joly nets about $10M

(Newser) - Best Buy had to issue an unusual statement explaining exactly why its CEO just dumped 20% of his stake in the company: the business his fine; his marriage, not so much. Hubert Joly sold about 450,000 shares and netted $10 million, reports CNNMoney . "This sale reflects only one...

Microsoft to Open Mini-Stores in Best Buy

Partnership will be bigger than chain's deal with others

(Newser) - Microsoft has unveiled plans for "store-within-a-store" sections in Best Buy stores, becoming the latest major consumer electronics maker to acknowledge advantages of the brick-and-mortar format. The sections will begin opening this month and offer Windows-based PCs, tablets, Xbox, and accessories, as well as trained staff to explain Windows 8...

McDonald's Is Most Visited Business in America

Nearly half of US consumers visited at least once last month, says study

(Newser) - Just how popular are the golden arches? So popular that nearly half of US consumers visited them last month, according to a new study spotted by the Consumerist . The study, from the new Placed Insights service, sought to determine which businesses Americans visit most. Fast food dominates the list, but...

Best Buy Kills Freewheeling Work-From-Home Program

Now, you'll need a manager's permission to telecommute

(Newser) - First Yahoo sparked a backlash by telling workers they had to come into the office; now Best Buy—which has had one of the most progressive telecommuting policies going—is doing much the same thing. Ever since 2005, Best Buy has had a "Results Only Work Environment," meaning...

Target: OK, We'll Match Amazon Prices

Will also match prices of Walmart.com, BestBuy.com

(Newser) - Target is sick and tired of you walking out of its stores without buying anything—because you looked on your smartphone and found Amazon was cheaper. So its CEO today announced a new price-matching policy to combat the practice (known as " showrooming "), MarketWatch reports. Now, customers who...

4 Stores on the Brink in 2013
 4 Stores on the Brink in 2013 

4 Stores on the Brink in 2013

Best Buy, JC Penney, Sears, RadioShack have their work cut out for them

(Newser) - The retail world is changing, and some old-school giants are struggling to change with it. Today the Wall Street Journal took a look at four companies facing a do-or-die 2013:
  • Best Buy: People still go to Best Buy … to look at things they intend to buy on Amazon later.
...

Best Buy to Match Amazon's Prices

Congratulations, showrooming shoppers

(Newser) - Best Buy is changing things up this holiday season. Amid concerns over "showrooming"—when customers visit stores, check out products, and then buy them online—Best Buy is set to match online prices, including Amazon's, the Wall Street Journal reports. It's also going to throw in...

Best Buy Founder Makes Offer to Buy ... Best Buy

Richard Schulze offers $24 to $26 a share

(Newser) - Best Buy founder Richard Schulze wants back in. Schulze, who stepped down as chairman in June after news of ex-CEO Brian Dunn's affair broke, today offered to take the struggling company private at $24 to $26 a share, reports Bloomberg . That values the company at around $8.5 billion,...

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