Best Buy is repositioning the customer-facing part of the business, including promoting a new tagline, Imagine That, introducing fresh advertising and enhancing the service offering, to better serve the range of shoppers in the way they want and reemphasize the thrill...
Ulike, a pioneer in IPL (Intense Pulsed Light) hair removal devices for home use, is entering the U.S. brick-and-mortar retail market with the launch in Best Buy stores nationwide to go with and on BestBuy.com. Ulike launched in 2014 to market a line of hair removers...
Sales were tougher to come by at Best Buy, but the retailer managed to improve earnings significantly in the first quarter. Net earnings were $246 million, or $1.13 per diluted share, versus $244 million, or $1.11 per diluted share in the year-earlier quarter....
In a new consumer engagement move, Best Buy is upgrading its app, using AI and other technologies to create more personalized consumer shopping experiences. The company stated that an important improvement consumers will find evident is better tailoring of what Best...
Best Buy overcame a challenging discretionary spending climate to beat a Wall Street estimate for earnings and revenue for the fourth quarter despite lower comparable sales. Net earnings for the 14-week fourth quarter were $460, or $2.12 per diluted share, versus...
