Best Buy

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Best Buy Posts Loss on Lower Revenue

Drew FitzGerald, Reporter, The Wall Street Journal in Commerce on May 21 at 11:50 am PT

Best Buy Co. ramped up cost-cutting during its fiscal first quarter as its retail revenue continued to slide. Online sales improved, however.

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Best Buy Sells Europe Business Back to Carphone Warehouse

Ann Zimmerman, Reporter, The Wall Street Journal in Commerce on April 30 at 6:00 am PT

Best Buy Co. is getting out of Europe.

A Look Inside One of Samsung’s New Stores at Best Buy

Ina Fried in News on April 3 at 9:01 pm PT

AllThingsD takes a look inside one of the first Samsung Experience Shops at a Best Buy store in suburban Dallas.

Samsung Decides to Build Its Own Stores — Inside Best Buy

Ina Fried in Mobile on April 3 at 9:01 pm PT

The Korean electronics giant wanted a bigger presence at retail, but decided opening its own chain wasn’t the way to go — at least for now.

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Best Buy Halts U.S. Sales Decline

Ann Zimmerman, Reporter, The Wall Street Journal in Commerce on March 2 at 1:40 pm PT

Best Buy Co. reported a narrower fourth-quarter loss on Friday on its first increase in U.S. same-store sales in more than a year, the latest evidence that the beleaguered electronics retailer is slowly stabilizing its battered business.

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Best Buy, Founder End Deal Talks

Sharon Terlep, Ann Zimmerman and Dana Cimilluca, Reporters, The Wall Street Journal in Commerce on March 1 at 7:00 am PT

Best Buy Co.has ended talks with founder Richard Schulze over a deal in which he and a group of buyout firms were proposing to take a minority stake in the firm in exchange for three seats on the board, according to people familiar with the matter.

Motion Control Sensor Leap to Ship in May, Will Cost $80

Lauren Goode in Product News on February 27 at 5:00 am PT

Gaming on your PC is about to get a little more interesting.

News Byte

Best Buy Makes Price-Matching Policy Permanent

Tricia Duryee in Commerce on February 16 at 11:35 am PT

Looking for ways to combat “showrooming,” Best Buy has confirmed that it will make its holiday price-matching promotion permanent. Best Buy said it is taking effect on March 1, and that it is also reducing its return policy to 15 days from 30 days, Bloomberg reports. Other retailers, including Target, have taken similar steps to keep customers from looking for cheaper prices on Amazon when in the store.