by Mike Duff | Nov 26, 2024 | Retail Articles
Best Buy missed an analyst estimate for third-quarter sales and earnings, reporting comparable sales slipped amid consumer uncertainty and a focus on deals. Net earnings were $273 million, or $1.26 per diluted share, versus $263 million, or $1.21 per diluted share,...
by Mike Duff | Oct 21, 2024 | Retail Articles
To position itself for the season, Best Buy has set its holiday promotional calendar with a special focus on Black Friday-style doorbuster deals. The Best Buy’s Prep for the Holidays Event has already begun with discounts on everything from small appliances to TVs to...
by Mike Duff | Aug 29, 2024 | Retail Articles
Best Buy sounded optimistic about its prospects heading toward 2025 after posting better-than-expected second-quarter earnings and revenue despite lower comps. Best Buy reported that the appliance business remained soft during the second quarter. Net income was $291...
by Mike Duff | Jul 24, 2024 | Retail Articles
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...
by Peter Giannetti | Jun 18, 2024 | Appliances, Home + Housewares, Personal Care & Wellness
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...
