PYMNTS-MonitorEdge-May-2024

Best Buy

Best Buy And Amazon’s Surprise Smart TV Team-Up
Best Buy And Amazon’s Surprise Smart TV Team-Up
April 18, 2018  |  Partnerships / Acquisitions

Retail makes for strange bedfellows at times — and in this week’s odd annals is the pair-up of putative rivals Best Buy and Amazon. The...

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Amazon Finally Takes Top Spot In Consumer Electronics Sales
Amazon Finally Takes Top Spot In Consumer Electronics Sales
April 17, 2018  |  Amazon

Amazon has a new feather in its cap: For the first time ever, the company has topped Dealerscope’s Top 101 Consumer Electronics Retailers, surpassing Best...

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Best Buy Plans First Store Opening In Seven Years
Best Buy Plans First Store Opening In Seven Years
April 10, 2018  |  Retail

Marking its first big-box store opening in seven years, Best Buy is opening a 36,000-square-foot store in a suburb of Salt Lake City. The store...

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In Latest Hacking News, Best Buy Breached?
In Latest Hacking News, Best Buy Breached?
April 06, 2018  |  Security & Fraud

Hacking 24/7 when it comes to [24]7.ai? Seems that way. In a week that saw possible data breaches at Delta, Kmart and Sears, Best Buy...

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Brick-And-Mortar Retailers Can Reach Consumers With Geo-Aware Deals
Brick-And-Mortar Retailers Can Reach Consumers With Geo-Aware Deals
March 29, 2018  |  Mobile

It used to be pretty straightforward for consumers to find deals. They turned to the Sunday newspapers to clip coupons and find out what products...

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Best Buy Ready To Compete With Amazon After Turnaround
Best Buy Ready To Compete With Amazon After Turnaround
March 12, 2018  |  Retail

After completing its five-year turnaround, Best Buy CEO, Hubert Joly, says it is more than ready to compete with Amazon. “We have turned around the...

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Best Buy To Shutter US Mobile Phone Stores
Best Buy To Shutter US Mobile Phone Stores
March 01, 2018  |  Retail

Facing high operational costs and changes in the smartphone market, Best Buy plans to shutter its 250 mobile phone stores in the U.S. by May...

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AI, Big Data And Automation Take Center Stage At NRF
AI, Big Data And Automation Take Center Stage At NRF
January 17, 2018  |  Retail

Several new innovations that change the way retailers manage inventory and consumers purchase products were on display at the National Retail Federation’s annual trade show,...

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Startup Spotlight: Getting To The Point Of The Retail Shift
Startup Spotlight: Getting To The Point Of The Retail Shift
January 05, 2018  |  Retail

The retail apocalypse is fake news if you ask Mark Cummins, co-founder of Irish startup Pointy. Brick-and-mortar retail is changing, no doubt, but Cummins noted...

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