Best Buy Co., Inc.
News and overview for Best Buy Co., Inc.
Best Buy, Sonic team up on digital movie delivery - MarketWatch
MarketWatch | 4 days 18 hours 44 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 Mobile Announces Partnership with Google to Co-Market Google Mobile App [Press Release]
Business Wire | 2 days 16 hours 47 minutes 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 mobile experiences. Best Buy is the first retailer in the U.S. to work with Google to distribute Google Mobile App on smartphones sold in-store.
CORRECTING and REPLACING Best Buy Brings On-Demand Entertainment to Its Customers Through a Broad Range of Consumer Electronics [Press Release]
Business Wire | 4 days 22 hours 26 minutes ago
Reissuing release to remove fifth graph, starting with "Best Buy is in a great position" through "exciting new consumer offerings."
Best Buy Mobile Offers Pre-Sells of Motorola DROID in Stores Beginning October 29 [Press Release]
Business Wire | 9 days 21 hours 57 minutes ago
Best Buy Mobile, the mobile specialty retail unit of Best Buy Co., Inc., will pre-sell the highly anticipated Verizon Motorola DROID smartphone beginning October 29. The phone will land in stores November 6. The Motorola DROID is the first Verizon device running on Google’s innovative Android operating platform.
Best Buy Stores Nationwide Open at Midnight for Call of Duty: Modern Warfare 2 Release [Press Release]
Business Wire | 2 days 21 hours 12 minutes ago
Best Buy (NYSE:BBY):
Tech stocks head into the red in early action - MarketWatch
MarketWatch | 4 days 19 hours 18 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.
Best Buy Mobile Announces Partnership with Google to Co-Market Google Mobile App
FierceWireless | 1 day 20 hours 32 minutes 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 >>
Retail stocks rise as Abercrombie upgraded to buy - MarketWatch
MarketWatch | 26 days 20 hours 46 minutes ago
"Improved inventory positioning, increased fashion penetration, lower pricing and international growth provide catalysts going forward," said analyst Amy Noblin in a note.
Best Buy and Netflix Announce Partnership to Instantly Stream Movies Over the Internet Via Latest Models of Insignia Blu-ray Disc Players [Press Release]
PRNewswire | 18 days 18 hours 12 minutes ago
Best Buy and Netflix Announce Partnership to Instantly Stream Movies Over the...MINNEAPOLIS and LOS GATOS, Calif., Oct. 20 /PRNewswire/ -- Insignia, a Best Buy Co., Inc. exclusive brand, and Netflix, Inc. , the world's largest online...
Retail stocks inch up as Polo profit tops mark - MarketWatch
MarketWatch | 4 days 19 hours 18 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.
Best Buy Opens First 24-Hour Location in New York City s Union Square [Press Release]
Business Wire | 24 days 19 hours 39 minutes ago
Today Best Buy Co., Inc. (NYSE: BBY) announced plans to open its first 24-hour retail location in New York City’s Union Square. Opening Friday, November 13, 2009, the 48,000 square foot store will be located on the corner of 14th Street and 4th Avenue, in the heart of historic downtown Manhattan’s Union Square. The new location will be open each week from 8:00 a.m. on Monday through 12:00 a.m. on Sunday, re-opening for regular Sunday hours of 10:00 a.m. to 8:00 p.m.
iMemories Named Best Buy s Exclusive Provider for Digitally Preserving America's Home Movies and Photos [Press Release]
Business Wire | 17 days 21 hours 36 minutes ago
iMemories, the premier Web destination for digitizing, storing and sharing personal videos and photos, today announced a national partnership with leading consumer electronics retailer Best Buy whereby iMemories will serve as the exclusive provider of a service for converting Best Buy customers’ home movies and photos into digital format. The new service is now available at www.bestbuy.com/imemories, and will be promoted in Best Buy's retail stores nationwide.
Retail stocks inch higher; Abercrombie upgraded - MarketWatch
MarketWatch | 26 days 21 hours 31 minutes ago
Drug stocks inch up; DepoMed dives on drug data
BEST BUY BRINGS ON-DEMAND ENTERTAINMENT TO ITS CUSTOMERS THROUGH A BROAD RANGE OF CONSUMER ELECTRONICS
FierceWireless | 4 days 21 hours 31 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 >>
Zacks Analyst Blog Highlights: Nokia Corp., Best Buy Co. Inc., AT&T, Research In Motion and Apple Inc. [Press Release]
Business Wire | 23 days 14 hours 12 minutes ago
Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: Nokia Corp. (NYSE: NOK), Best Buy Co. Inc. (NYSE: BBY), AT&T (NYSE: T), Research In Motion (Nasdaq: RIMM) and Apple Inc. (Nasdaq: AAPL).
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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 |