bby
| 11:00AM 11/27/2009
Marketers have not warmed to social networks. The advertising that Facebook and MySpace get tends to be at low cost per thousand compared with the advertising on large content sites like CNN, while Twitter gets almost no advertising revenue at all. Marketers find it difficult to use huge, disparate...
| 5:00AM 11/03/2009
Best Buy (BBY) wants to join the legion of other firms with branded movie download services, although it is not clear why. A number of media sources say that the program will be announced on November 3rd, and will start operating within a few weeks.
The electronics retailer is turning to Sonic...
| 5:00AM 10/05/2009
Part of the Wal-Mart (WMT) legacy is that it moves into regions with its huge stores and uses low pricing to push local retailers out of the market. This may give consumers more buying power, but it has caused many local communities to resent the effects of Wal-Mart on mom-and-pop stores.
Wal-Mart...
| 5:00AM 9/23/2009
How many Kindles is too many Kindles? When Amazon (AMZN) first introduced its e-reader over a year ago, its sales made it a spectacular consumer electronics success. But, it may not have made the e-commerce company any money, despite helping Amazon sell millions of e-books.
No successful product...
| 5:00PM 9/06/2009
Microsoft (MFST) is "indoctrinating" Best Buy (BBY) workers to sell its highly anticipated Windows 7 operating system using outright lies about the performance of open-source competitor Linux, according to Linux experts and at least one Best Buy employee who has seen the alleged Microsoft training...
| 9:30AM 6/16/2009
Best Buy Co. (BBY) today reported better-than-expected quarterly results, underscoring the growing optimism that the recession may be coming to an end.
Net income at the company plunged 15 percent to $153 million, or 36 cents per share, from $179 million, or 43 cents, a year earlier. Excluding...
| 12:30PM 5/18/2009
Wal-Mart (WMT) has a history of disrupting industries by entering them with low pricing and broad offerings. The $4 prescription is one recent example.
The world's largest retailer is now looking at the Best Buy (BBY) and Amazon (AMZN) electronics franchises and wants a piece of their pie. But the...
| 1:15PM 5/08/2009
In the wake of the World Retail Conference this week in Barcelona, and a day after chain stores announced smaller declines in April and first quarter sales, it's fair to ask when retail will recover.
At the conference, retailers sought to dampen hopes of a quick recovery from recession. It wasn't...
| 7:40AM 4/09/2009
Investors are expecting Wall Street to continue its recent winning ways.
Stocks are poised to open higher as investors await March retail sales data and the weekly unemployment report. Markets in Europe and Asia were higher.
Retail sales, though weak, may not be as bad as investors had feared....
| 11:30AM 3/26/2009
Best Buy (BBY), the largest consumer electronics retailer, posted better-than-expected quarterly earnings as its long-time rival Circuit City frittered away in bankruptcy.
Net earnings were $570 million, or $1.35 per share, down 23 percent compared with $737 million, or $1.71 per share, the...