Best Buy

Coronavirus Update: US Cos See Impact, China Begins To Reopen For Business
Coronavirus Update: US Cos See Impact, China Begins To Reopen For Business
February 28, 2020  |  International

Facebook has cancelled its annual F8 developers’ conference over concerns about the coronavirus, reports said. More specifically, the social media company cancelled the in-person component,...

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Retail Pulse: True Food Drives Menu Innovation, LVMH Agrees To Buy Tiffany & Co
Retail Pulse: True Food Drives Menu Innovation, LVMH Agrees To Buy Tiffany & Co
November 27, 2019  |  Retail

Restaurants that are driving food innovation with carefully chosen ingredients focused on health are seeking funding to help power their growth. True Food Kitchen, in one...

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Best Buy Reports 15 Pct Rise In Domestic Online Sales
Best Buy Reports 15 Pct Rise In Domestic Online Sales
November 26, 2019  |  Retail

With a boost from eCommerce orders, Best Buy Co. notched another quarter of rising sales and management provided a more upbeat forecast for the important...

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With Fewer Shopping Days, Retailers Ramp Up Sales, Delivery
With Fewer Shopping Days, Retailers Ramp Up Sales, Delivery
November 07, 2019  |  Retail

Thanksgiving lands on Nov. 28, which is six days later than last year. That means retailers have a whole week less to sell during the...

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Retail Pulse: Walmart Provides Health Career Path; Inspire Brands To Buy Jimmy John’s
Retail Pulse: Walmart Provides Health Career Path; Inspire Brands To Buy Jimmy John’s
September 27, 2019  |  Retail

Brick-and-mortar retailers are expanding their efforts to provide customers with health and wellness services while taking steps to train their employees for healthcare roles. Walmart, in...

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Best Buy Revenue $50B Target For 2025
Best Buy Revenue $50B Target For 2025
September 26, 2019  |  Retail

Ahead of its investors meeting, Best Buy said it is looking for revenue of $50 billion by fiscal 2025. The electronics retailer also intends to...

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Retailers See An eCommerce Boom
Retailers See An eCommerce Boom
June 14, 2019  |  Retail

A number of retailers have recently seen a surge in eCommerce sales. Lululemon revealed this week that online sales this past quarter increased 35 percent,...

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Amazon’s One-Day Shipping Pledge Boosts Logistics Startups
Amazon’s One-Day Shipping Pledge Boosts Logistics Startups
May 07, 2019  |  Delivery

Amazon’s announcement that it plans to inject $800 million to facilitate next-day delivery has created opportunities for logistics startups that can help retailers remain competitive...

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Best Buy Appoints New Chief Executive
Best Buy Appoints New Chief Executive
April 16, 2019  |  Retail

As part of Best Buy’s succession plan, Corie Barry will become the company’s chief executive, effective in mid-June. Barry takes over for Hubert Joly, who...

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