Best Buy

As Thefts Continue, Retailers Resort to Locking Goods Away
As Thefts Continue, Retailers Resort to Locking Goods Away
September 27, 2022  |  Retail

While last year’s wave of retail theft seems to have abated somewhat, retailers say shoplifting attempts are still higher than before the pandemic. That’s according...

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Retailers Sharpen in-House Ads to Bring Fresh Revenue, Better Brand Service
Retailers Sharpen in-House Ads to Bring Fresh Revenue, Better Brand Service
September 22, 2022  |  Retail

In some ways, a new ad platform launched today (Sept. 22) by alcohol eCommerce site Drizly is the retail industry equivalent of a dating service. Like many of...

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Best Buy Says Strapped Consumers Cut Back on Home Theater, Computer Purchases
Best Buy Says Strapped Consumers Cut Back on Home Theater, Computer Purchases
August 30, 2022  |  Retail

Best Buy saw a decline in sales during the second quarter, the electronics retailer reported Tuesday (Aug. 30), as consumers shied away from home theater...

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Today in the Connected Economy: The Weather Channel Joins the Subscription Bundle Trend
Today in the Connected Economy: The Weather Channel Joins the Subscription Bundle Trend
August 19, 2022  |  Connected Economy

Today in the connected economy, The Weather Channel begins testing a subscription program in partnership with Trip Advisor and USA Today. Plus, DoorDash ends a...

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BitPay Enables Consumers to Purchase Best Buy Gift Cards With Crypto
BitPay Enables Consumers to Purchase Best Buy Gift Cards With Crypto
August 19, 2022  |  Cryptocurrency

Crypto payments technology firm BitPay has added Best Buy gift cards to the range of gift cards that it enables consumers to buy with cryptocurrency....

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Best Buy Jumps Into Hearing Aids After FDA Clears OTC Sales
Best Buy Jumps Into Hearing Aids After FDA Clears OTC Sales
August 17, 2022  |  Retail

Best Buy will begin offering Food and Drug Administration (FDA)-regulated hearing aids, following a ruling this week by the federal government allowing over-the-counter (OTC) sales...

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Retail Forecast Cuts Mount as Consumer Worries About Inflation, Recession Intensify
Retail Forecast Cuts Mount as Consumer Worries About Inflation, Recession Intensify
July 28, 2022  |  Retail

It has been said that there’s no hiding from inflation. The effect of increasing prices and the subsequent loss of purchasing power is so unavoidable...

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‘Big Ticket’ Retailers Look to Home Equity as Sales Savior
‘Big Ticket’ Retailers Look to Home Equity as Sales Savior
June 16, 2022  |  Retail

With nearly three-quarters of the U.S. population currently contending with a heat wave, consumer demand for fans, air conditioners, water toys and more will surely...

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Today in Retail: Auto Parts Retailers Face Challenges as Market Evolves; Firework Raises $150M
Today in Retail: Auto Parts Retailers Face Challenges as Market Evolves; Firework Raises $150M
May 24, 2022  |  Retail

Today in retail, Walmart drone delivery service expands to six states while electric vehicle companies use digital screens and apps to promote local merchants. Plus,...

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