All Posts Tagged Tag: ‘Best Buy’

Square’s POS Solution Square Stand Is Now Available at Apple Stores, Best Buy, and Online

Square has just announced that its point of sale system Square Stand, first announced back in May, is now available to purchase. It’s not only available online, but you can also buy it at both Best Buy and Apple Retail stores. “Neighborhood retail locations are an important resource for small business owners looking for new opportunities and technologies that can …

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Pebble Watch Coming to Best Buy Stores This Weekend

Last year, Pebble Technology launched a Kickstarter campaign for an e-paper wristwatch that could connect to iPhone and Android smartphones, alerting users to various notifications and displaying messages via Bluetooth. It turned out that the Pebble is just the sort of technology consumers were waiting for, and the Kickstarter project blew up seemingly overnight. The campaign eventually raised over $10.2 …

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The Windows Store Is Coming To A Best Buy Near You

Do you like shopping at a store while at a store? Microsoft thinks you might with its latest announcement of a Windows Store coming to Best Buy. Microsoft announced today that a Windows Store experience will be coming to 500 Best Buy locations across the U.S. and more than 100 Best Buy and Future Shops in Canada. In short, the …

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Best Buy Adopts Online Price-Matching

Over the holiday season, Best Buy began offering its customers price-matching on products that can be found for lower prices at online retailers. The move was meant to curb incidences of “showrooming” – the term that refers to customers who use physical retailers as a space to look at and research products before purchasing them online. That holiday-time policy must …

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Best Buy is Leaking Board Members

Best Buy has announced through an SEC filing that two long-standing Best Buy board members have jumped ship. G. Mike Milkan has vacated the Best Buy board on his way to becoming president of ESL Investments. Milkan was named interim CEO of Best Buy last year, after former CEO Brian Dunn resigned his position amid a sex scandal. Matthew Paull, …

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Target Also Plans to Price-Match Online Retailers for the Holidays

Less than a week after electronics retailer Best Buy announced that they would be price-matching their internet competitors this holiday season, Target has also jumped on board. At a press event today Target CEO Greg Steinhafel unveiled the new initiative, which will see the retailer match the prices displayed online by a number of companies including Amazon, Walmart, Best Buy, …

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Best Buy Plans To Price-Match Internet Competitors This Holiday Season

In order to stop the growing trend of people exclusively using the internet for their holiday shopping needs (and hopefully draw some straying customers back in), Best Buy is planning on price-matching internet prices on the goods offered in their storeroom. The Wall Street Journal quotes a source “familiar with the matter,” who says that the company will match the …

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iPhone 5 Best Buy Pre-Orders Not Being Fulfilled

Best Buy today sent out emails to some customers who pre-ordered the iPhone 5 from their stores, informing them that they might not actually be receiving the device for quite some time. 9 to 5 Mac also obtained a copy of a Best Buy internal memo that states: “Based on current inventor allocation, we understand we will not have enough …

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Best Buy, Schulze Agree to Move Forward With Due Diligence

Best Buy announced today that it has reached an agreement with founder Richard Schulze, which will enable Schulze to conduct due diligence, as he tries to acquire the company. Specifically, he’s been granted acces to certain info and permission to form an investment group with private equity sponsors, to help in the process of making a fully financed proposal to …

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Best Buy Buyout Bid Talks Said To Resume

Talks between Best Buy and its founder, who has expressed interest in buying back the company, are reportedly back on, after a brief hiatus. Earlier this month, Best Buy Founder Richard Schulze announced an offer to buy back the company he started in 1966 under the name Sound of Music. The offer, estimated at $8 billion,was for a price of …

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Best Buy Earnings: Net Income Down 90%

Best Buy just released its earnings report for the second quarter, a day after announcing its new CEO. Of course, this transition is happening as Founder Richard Schulze has been trying to buy back the company. Last week, he sent a letter to the Board of Directors, affirming his offer, which was initially estimated at $8 billion (though shares have …

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Best Buy Hires New CEO Following Scandal

Best Buy today announced that it has appointed Hubert Joly as the company’s CEO. Joly is currently the CEO of Carlson, a worldwide hospitality and travel company. “Hubert was an outstanding candidate for this position and I am confident he will be a great fit for Best Buy,” said Hatim Tyabji, chairman of the Best Buy Board. “Hubert’s range and …

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