Best Buy reports 1Q loss on restructuring costs
Best Buy Co. on Tuesday reported a loss for its fiscal first quarter as it sold its stake in Best Buy Europe and works on a turnaround plan that ...
Internet sales tax bill faces tough sell in House
Traditional retailers and cash-strapped states face a tough sell in the House as they lobby Congress to limit tax-free shopping on the Internet.
Senate passes bill letting states tax online sales
The Senate sided with traditional retailers and financially strapped state and local governments Monday by passing a bill that would widely subject ...
Best Buy exits Europe, selling joint venture stake
Best Buy is looking to exit Europe, selling its stake in its joint venture there to partner Carphone Warehouse Group PLC in a cash-and-stock deal ...
Best Buy stores to feature Samsung kiosks
Shares of Best Buy jumped on Thursday after it announced plans to create store-within-store kiosks for Samsung products — a vote of confidence from ...
Stocks move higher on Wall Street; Best Buy soars
The Dow Jones industrial average closed higher Thursday, regaining half of its decline the day before, as buyers returned to the market. The Dow rose ...
Schulze returns to Best Buy as chairman emeritus
Best Buy's co-founder and former chairman Richard Schulze is returning to the Best Buy fold as chairman emeritus. The move comes after Schulze ...
Best Buy 4th quarter loss narrows
Best Buy Co. lost less money in the fourth quarter as efforts by new CEO Hubert Joly to make the company more efficient showed glimmers of paying off.
Stocks close higher despite looming budget cuts
An encouraging manufacturing report nudged the stock market higher Friday, giving it a slight gain for the week, even as a deadline for avoiding ...
Best Buy to cut 400 jobs at headquarters
Electronics chain Best Buy Co. says it is cutting 400 jobs at its headquarters as part of a larger $725 million cost-cutting plan. The cuts are part ...
Barnes & Noble chair wants to buy retail business
The last remaining national bookstore chain is being taken off the shelf and dusted off for sale. Barnes & Noble's founder Leonard Riggio disclosed ...
Best Buy shares jump on holiday results
Shares of Best Buy Co. jumped on Friday after the electronics chain showed signs of starting to reverse declining sales during the critical holiday ...
Stocks gain for second week, keeping S&P near high
Stocks gained for a second straight week as company earnings reports started to come in, keeping the Standard and Poor's 500 index within a fraction ...
Target unveils year-round online price match
Target Corp. is pledging to match prices of select online rivals year-round, a move that underscores how physical and online retailing are being ...
Best Buy shares fall on Schulze bid extension
Best Buy shares fell on Friday after the struggling electronics retailer said it extended the window for co-founder Richard Schulze to make a buyout ...
Stocks slip on Wall Street; Best Buy drops
Stocks are ending lower on Wall Street, putting the market into the red for the week. Traders were discouraged by a lack of progress on budget talks ...
Stocks slip in midday trading on Wall Street
Stocks are edging lower on Wall Street after a drop in U.S. consumer prices and a strong survey of Chinese manufacturing failed to excite investors.
Stocks lower as investors watch Washington
Stocks sank most of the day Thursday after more signs of tension emerged in federal budget talks. They recovered some of the loss after a late report ...
Stocks open mixed on Wall Street; Best Buy soars
Stocks are opening mixed on Wall Street as investors' enthusiasm over new economic stimulus from the Federal Reserve fades. The Dow Jones industrial ...
Shoppers can save as retailers go head-to-head
This holiday season, the hottest trend among retailers isn't found on a store shelf. It's taking place at the cash register. Major retailers, from ...
Nintendo says more than 400,000 Wii Us sold in US
Nintendo has sold more than 400,000 of its new video game console, the Wii U, in its first week on sale in the U.S., the company said Monday. The Wii ...
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