Best Buy
The Holidays Could Boost Lagging Consumer Technology Revenue
Revenue in the consumer technology sector will drop 6 percent in 2022 and 3 percent in 2023, according to the latest Future of Technology forecast from research firm NPD Group. The...
Privacy Upgrade: Samsung Rolls Out Feature to Protect Data During Repairs
Going to get your phone repaired, but worried about the technician stealing your data? Samsung is working on a solution. According to a report from SamMobile, which cited an announcement by...
Bringing It Back: What Will the New Napster Look Like?
Napster, as anyone who came of age in the late 1990s clearly remembers, got its start as a pioneering but controversial file-sharing network, which sent the music industry running scared...
Best Buy Posts Lower Sales But Still Beats Expectations
This week, Best Buy posted an 8 percent decline in first-quarter, same-store sales from the same time last year. But, per CNBC, the company’s decline was actually less than the...
Best Buy Dips Its Toes Into Skincare Products and Outdoor Furniture
Best Buy announced last week its entrance into a pair of new product categories that are very different from what it has traditionally sold: beauty products and outdoor furniture, CNBC...
TCL’s Google TVs Return to Best Buy
Earlier this month, TCL’s line of Google TV-equipped TVs, which had been sold exclusively in the United States at Best Buy since launch just in August, were suddenly pulled from that chain. ...
Is Retail Theft to Blame for Best Buy’s Low Financial Performance
Theft has always been a problem for retailers, and while no one in the retail industry likes it, it’s not often that major corporations admit that theft is affecting the bottom...
Best Buy Reports Strong Earnings But Are They Sustainable?
Best Buy on Tuesday released its quarterly earnings report, which it described as “better than expected.” The company reported a twenty percent increase in sales and reported $11.85 billion in revenue,...
Best Buy Offers Vaccine Benefits to Employees
As coronavirus vaccines begin to roll out, some companies are faced with the question of how to best encourage their employees to get vaccinated. One company, Best Buy, is offering...
CES 2021: Your Preview to the Ultimate Technology Show
Earlier this year, the Consumer Technology Association, which owns and produces International CES, announced that the 2021 version of the event would take place virtually. CES normally takes place in...
Best Buy Is Making Serious Money Thanks to Coronavirus
Best Buy announced its quarterly earnings Tuesday, posting revenue of $11.85 billion for the three months that ended in September, which was ahead of analyst expectations, per CNBC. However, the company’s...
iPhone 12 Is Coming: Apple Has Foxconn’s Factory Working 24 Hours a Day
Apple’s iPhone, in a typical year, tends to arrive right around now, in September. This year’s models, however, have been delayed, with an announcement expected about their release at some...