Best Buy Co., Inc.
News and overview for Best Buy Co., Inc.
Best Buy, Sonic team up on digital movie delivery - MarketWatch
MarketWatch | 21 days 1 hour 12 minutes ago
Stanley Works and Black & Decker, two of the nation's biggest tool makers, announce they are joining forces in a $4.5 billion all-stock deal, and the timing is impeccable
Best Buy International's chief executive to retire - MarketWatch
MarketWatch | 13 days 4 hours 21 minutes ago
BBY
Retail stocks rise as Abercrombie upgraded to buy - MarketWatch
MarketWatch | 43 days 3 hours 14 minutes ago
"Improved inventory positioning, increased fashion penetration, lower pricing and international growth provide catalysts going forward," said analyst Amy Noblin in a note.
Tech stocks head into the red in early action - MarketWatch
MarketWatch | 21 days 1 hour 46 minutes ago
SAN FRANCISCO (MarketWatch) -- Technology stocks were in the red early Tuesday, with most sector leaders declining ahead of the Federal Reserve's two-day meeting on the U.S. economy.
Wal-Mart to pace sector's 1st gain in 10 quarters - MarketWatch
MarketWatch | 13 days 17 hours 49 minutes ago
The improved bottom-line results, after two months of sales increases, would stand in stark contrast to recent quarters, when profits, which are heavily dependent on consumer spending habits, were battered by the global recession. A profit increase will also set retailers apart from most other sectors of the Standard & Poor's 500, which reported profit declines for the three-month period.
Retail stocks rise; Macy's drops on forecast miss - MarketWatch
MarketWatch | 13 days 2 hours 20 minutes ago
Macy's stock was down 6.1% at last check. The company posted a narrower-than-expected third-quarter loss, helped by its "My Macy's" initiatives to tailor merchandise to local demand and by improved results for its upscale Bloomingdale's chain.
Retail stocks inch higher; Abercrombie upgraded - MarketWatch
MarketWatch | 43 days 3 hours 59 minutes ago
Drug stocks inch up; DepoMed dives on drug data
S&P 500 breaks out; U.S. markets confirm uptrend The Technical Indicator - MarketWatch
MarketWatch | 7 days 21 minutes ago
In the process, the Standard & Poor's 500 Index cleared the headline 1,100 mark, confirming its uptrend as detailed below.
Retail stocks inch up as Polo profit tops mark - MarketWatch
MarketWatch | 21 days 1 hour 46 minutes ago
The S&P Retail Index /quotes/comstock/10u!rlx.x (RLX 380.56, -3.11, -0.81%) rose 0.4% to 385.19.
Retail stocks rise; RadioShack, Abercrombie raised - MarketWatch
MarketWatch | 15 days 2 hours 9 minutes ago
Credit Suisse analyst Gary Balter raised his rating on the stock to outperform, bolstered by potential upside from the iPhone deal and other initiatives, which he said also include adding T-Mobile to its stores and kiosk roll-out at Target Corp. stores.
Best Buy Mobile Announces Partnership with Google to Co-Market Google Mobile App
FierceWireless | 18 days 3 hours ago
Best Buy Mobile, the mobile specialty retail unit of Best Buy Co., Inc., today announced a retail partnership with Google™ that will help bring Google Mobile App to consumers and expand their... Read more >>
BEST BUY BRINGS ON-DEMAND ENTERTAINMENT TO ITS CUSTOMERS THROUGH A BROAD RANGE OF CONSUMER ELECTRONICS
FierceWireless | 21 days 3 hours 59 minutes ago
Best Buy Co., Inc (NYSE:BBY) and Sonic Solutions (NASDAQ:SNIC) today announced a strategic relationship that will result in a new Best Buy customer offering in its growing line-up of digital... Read more >>
Best Buy Mobile Delivers Special Offers for the Holidays on New Sprint Android Smartphones
FierceWireless | 7 days 2 hours 7 minutes ago
November 16, 2009 11:02 AM Eastern Time HTC Hero and Samsung Moment each reduced to $99, including instant rebates, with new two-year activation MINNEAPOLIS--(BUSINESS WIRE)--Best Buy Mobile, the... Read more >>
Social animal
Star Tribune (Minneapolis-St. Paul, Minn.) | 1 day 15 hours 31 minutes ago
Best Buy's holiday strategy is all about tweets, friends and its very own Twelpforce.
Barry Judge
Star Tribune (Minneapolis-St. Paul, Minn.) | 1 day 22 hours 32 minutes ago
BARRY JUDGE Chief marketing officer, Best Buy Co. Inc.
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Company Overview
| Company: | Best Buy Co., Inc. |
|---|---|
| Industry: | Consumer Electronics & Appliances Retail |
| Website: | http://www.bestbuyinc.com |
The biggest consumer electronics outlet in the US is also the best -- Best Buy, that is. The company operates more than 3,900 stores throughout North America, Europe, China, and now Mexico, mostly under the Best Buy and The Phone House banners. Best Buy stores sell a wide variety of electronic gadgets, movies, music, computers, and appliances. In addition to selling products, the stores offer installation and maintenance services, technical support, and subscriptions for cell phone and Internet services. Averaging about 40,000 sq. ft., the big box stores are located in 49 states, Puerto Rico, and all Canadian provinces. While the US accounts for about 75% of the company's sales, it's growing quickly overseas.
Key Numbers
| Sales in U.S. Dollars (mil.) | 45,015 (2009) |
|---|---|
| One-year % Growth in Sales | 12.5 (2009) |
| Net Income in U.S. Dollars (mil.) | 1,003 (2009) |
| One-year % Growth in Net Income | -28.7 (2009) |
| Number of Employees | 155,000 (2009) |
| One-year % Growth in Number of Employees | 3.3 (2009) |
| Fiscal Year-End | March |