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Best Buy's Dunn: More Retail Trauma Ahead February 03, 2009

The incoming head of retail giant Best Buy (BBY) expects more consumer electronics retailers to follow Circuit City into the dust bin of history this year. Brian Dunn,...

Best Buy Gets Hit by Spending Slump November 12, 2008

Best Buy (BBY) terrified investors on Nov. 12 with bad news indeed. The electronics retailer said it sees consumers sharply cutting back their spending. Even worse, ...

Best Buy's Big British Invasion October 29, 2009

The world's largest electricals retailer, Best Buy, is to create 8,000 jobs in the UK over the next five years and is gearing up to open its first stores this coming ...

Analyst Picks and Pans: Best Buy, Harley-Davidson, CardioNet July 13, 2009

Best Buy Co. (BBY) Oppenheimer upgrades to outperform from perform Oppenheimer analyst Brian Nagel said on July 13 that a recent drop in Best Buy's share price had ...

Best Buy to Make Debut in Britain April 23, 2009

Carphone Warehouse (CPW.L) is to split its retail and broadband internet operations into two separately listed companies, as its joint venture with the US electronics ...

Best Buy Plans to Boost Holiday Hiring September 30, 2009

Best Buy (BBY) will hire more seasonal holiday staff this year than last in response to better demand for certain electronics such as televisions, CEO Brian J. Dunn ...

Best Buy, Other Retailers Tap Tech to Boost Sales February 08, 2009

As the financial meltdown spiraled in September, spending habits changed quickly. Many consumers stopped spending altogether. Those who were still hitting stores ...

Some Wallets Are Still Open at Best Buy March 27, 2009

While consumers may be cutting their discretionary spending, not all gadgets these days are discretionary—and for many households, that now includes flat-screen ...

S&P Picks and Pans: Best Buy, Ford, American Express, AK Steel, Xerox November 12, 2008

S&P DOWNGRADES OPINION ON SHARES OF BEST BUY TO BUY FROM STRONG BUY (BBY; 22.05): Citing an unprecedented decline in consumer demand, BBY has slashed its EPS ...

A Comeback Plan for Gome, 'China's Best Buy' July 13, 2009

One might think Gome executives would be patting themselves on the back these days. Since the Beijing-based electronics retailer, which aspires to be China's ...

Why Best Buy Is a Best Bet April 23, 2007

Why do we have a "strong buy" on Best Buy (BBY)? We think that the healthy consumer-electronics cycle will continue to propel sales and earnings growth despite an ...

The Best of Times for Best Buy? September 18, 2007

Led by sales of notebook computers, flat-panel televisions, and video games, Best Buy () reported second quarter earnings that beat forecasts and issued a rosy ...

At Best Buy, Marketing Goes Micro May 15, 2008

Best Buy (BBY) store No. 952 is in Baytown, Tex., set amid the cul-de-sac subdivisions and big-box strip malls of Houston's metropolitan sprawl. In Best Buy's ...

Best Buy Barges into Europe May 08, 2008

The first lesson in Investing 101: Buy when the market is low. European consumer spending is starting to slow, and consumer confidence is fading. Yet U.S. consumer ...

Analyst Actions: Best Buy, Hess, Adobe Systems December 18, 2007

UBS FINANCIAL MAINTAINS BUY ON BEST BUY UBS analyst Brian Nagel says that Best Buy's (BBY) better-than-expected third quarter results, on strong sales and cost ...