Items tagged with Best Buy

Do you think Best Buy and Samsung might be excited about the launch of Samsung Experience Shops in Best Buy locations across the nation? To celebrate the launch of the Samsung Experience Shop, the two companies hired Bruno Mars to attend the grand opening of their newest location in New York's Union Square Best Buy store to mark the beginning of a rollout that will see these shops within a store installed in more than 1,400 Best Buy and Best Buy Mobile locations across the U.S. In addition to hiring Bruno Mars to put on a concert, Samsung treated consumers to early access to its Galaxy S4 smartphone,... Read more...
We won't go so far as to call this a fire sale, but holy moly, Best Buy is offering some deep discounts on Apple's 3rd generation iPad tablets. We're talking price savings up to 30 percent with prices starting as low as $315 for a 16GB iPad with Wi-Fi, down from its normal selling price of $450. That's a savings of $135, though the biggest discount is available on the 64GB Wi-Fi + Cellular model, which has been reduced to $546, down $234 from its regular price. Here's a look at the new and old pricing: 16GB iPad Wi-Fi: $315 (down from $450) 32GB iPad Wi-Fi: $385 (down from $550) 64GB iPad Wi-Fi:... Read more...
Best Buy management now has the support of its founder, Richard Schulze, who's returning to the electronics chain as chairman emeritus after he left the Board last year amid a scandal and then tried to buy out the company. He's already named two former colleagues, Brad Anderson, who previously served as Chief Executive, and Al Lenzmeier, who was the Chief Operating Officer, to serve on the Board of Directors, Best Buy announced today. Schulze resigned last May amid a scandal involving former Chief Executive Brian Dunn. An internal investigation revealed that Dunn had a relationship with a female... Read more...
Best Buy said that "accelerating online growth" is its No. 1 priority in fiscal 2014, and it's well on its way to doing that. It's online sales grew 11.2 percent last quarter, after having already jumped 25.4 percent in the same quarter a year ago, the electronics chain revealed when announcing financial results for its fiscal fourth quarter. Even still, Best Buy posted a loss of $409 million after paying preferred dividends for the three-month period ended February 2, or $1.21 per share. On the bright side, that's down from a loss of $1.82 billion, or $5.17 per share, a year ago. "These results... Read more...
Windows 8 sales may have gotten off to somewhat of a slow start, but has since sold 60 million copies, which includes both individual licenses and new PC sales with Windows 8 pre-installed. That figure may get a boost in the coming weeks as Best Buy starts offering discounts on touchscreen PCs. According to The Wall Street Journal, Best Buy on Sunday is kicking off a two-week promotion offering $100 off the purchase of touchcreen laptops and desktops running Windows 8. Microsoft couldn't be happier about it. "Touch unlocks an entirely new way to interact with Windows that we believe represents... Read more...
In addition to tinkering with its return policy, it looks as if Best Buy is making another change in order to deal with one huge, lumbering reality: the Internet. A few months ago, Target announced that it would begin price-matching Amazon all year round in an effort to halt "showrooming" -- a term that describes the act of using a retail shop to check a product out, only to go home and buy it online for less. A few years ago, this process happened, but not in huge enough numbers to make material dents in the bottom line of brick-and-mortar retailers. Nowadays, it's notable. In fact, Circuit City... Read more...
Beginning March 3, Best Buy will extend its price-matching "Low Price Guarantee" to all local retail competitors and 19 major online outfits in all product categories on nearly all in-stock products, provided the customer requests it. That includes popular online shopping sites like Amazon.com, Newegg.com, and TigerDirect.com, to name just a few. At the same time, however, it's being reported that Best Buy's "Return and Exchange" period is being slashed in half from 30 days to 15 days, after raising it a year ago. According to The Consumerist, numerous sources have confirmed the policy change,... Read more...
Looking to go Pro? As in, Surface Pro? You'll have your chance to purchase Microsoft's high-powered tablet beginning February 9, 2013, when Surface Pro goes on sale to the general public starting at $899, but you won't be the first. Select guests have been invited to an evening reception and midnight launch event at Best Buy in Union Square in New York City. It's unclear who exactly Microsoft and Best Buy invited to the event, though according to ZDNet, it's meant for people in the press. All that's revealed on the invitation is that Microsoft's General Manager of Surface Team, Panos Panay, will... Read more...
For one day only (today), Best Buy is selling a brand new Apple MacBook Air (model MD223LL/A) for $800 shipped, plus any applicable sales tax. That's a $200 price break, and just so this point is clear, it's not a refurbished item. Deals like this on Apple products on relatively few and far between, so if you've been eying this model for whatever reason, now is your chance to pounce. This is the newest version of the MacBook Air. It has an 11.6-inch display with a 1366x768 resolution, Intel Core i5 dual-core processor clocked at 1.7GHz, 4GB of DDR3L-1600 RAM, 64GB flash storage, Intel HD Graphics... Read more...
For years, brick-and-mortar retailers have been crowing about the unfair advantage Amazon has in the retail space in territories where it doesn't have to collect sales tax, and now that the playing field is starting to level, their sales are going up. Best Buy, for example, noted that holiday online sales increased in three states where Amazon started collecting sales tax ahead of the holiday shopping season. Coincidence? Probably not. In many cases, Amazon's prices are lower than what shoppers find in brick-and-mortar stores to begin with, but the icing on the cake, where applicable, is the lack... Read more...
If you ordered and paid for a single iPad tablet but received a box full of five iPads, what would you do? Such is the ethical dilemma a son and his girlfriend found themselves in after the boy's mother ordered him an iPad from Best Buy only for him to receive five of them. Before you say one way or the other, it should be made clear that the son and his girlfriend did in fact email Best Buy to let them know what happened (i.e., they did the right thing). Best Buy didn't respond to the email, so at that point, the ethical dilemma gets a little more sketchy, does it not? Here's where things get... Read more...
Best Buy on Tuesday didn't pull any punches when reporting its fiscal third quarter 2013 earnings, calling its performance "clearly unsatisfactory." The struggling electronics chain reported a GAAP net loss of $13 million for the three-month period ended November 3, 2012, compared to net earnings of $173 million during the same quarter one year ago. "In line with trends experienced over the last three years, Best Buy’s third quarter financial performance was clearly unsatisfactory. On November 13, we shared our candid assessment of Best Buy’s situation and unveiled Renew Blue, a set... Read more...
Believe it or not, shoppers have already started camping out at some Best Buy stores in anticipation of Black Friday. If lining up a week early seems insane, well, that's because it is. Be that as it may, Rhiannon Buckingham found herself near the front of the line at a Best Buy store in El Cajon, California. "Last year, I came on Tuesday and I was 17th in line," she told Channel 10 News, a local ABC news affiliate. "They only had 15 TVs." Not all Best Buy locations take kindly to people camping out so far in advance of Black Friday, and in fact a property manager at the El Cajon location made... Read more...
For whatever reason, HTC and Nokia unveiled their respective Windows Phone 8 devices without disclosing any pricing information, making it unnecessarily difficult to speculate how well they'll sell amid a sea of Android and iOS smartphones. Thanks to electronics retailer Best Buy, now we know. Best Buy tossed up a couple of pre-order pages, one of which it has since pulled offline. The one that remains is for HTC's Windows Phone 8X (8GB) on AT&T's network. With a two-year contract, Best Buy will sell you the device for a Benjamin ($100). Off contract, the handset carries an MSRP of $600. Nokia... Read more...
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