All Posts Tagged Tag: ‘Best Buy’

Apple Pay Continues To Gain Momentum

Apple released its financial results for its fiscal year 2015 Q2 on Monday. The company had a record quarter largely thanks to iPhone sales, as well as strong performances by Mac and the App Store. During the ensuing conference call, CEO Tim Cook talked a little bit about the momentum Apple Pay continues to gain. Here’s what he had to …

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Cyber Monday Sales: Best Deals On Video Games

Cyber Monday is like the rushed sequel to Black Friday. That doesn’t make it any worse than America’s annual celebration of cheap TVs and trampling old people though. In fact, it might even be the superior holiday since you don’t have to brave the elements or that jerk down the block to score cheap goods. We’ve already previewed a few …

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Cyber Monday 2014: Best Buy Deals

Cyber Monday, the Monday after the Thanksgiving holiday, was a term coined in 2005, as a marketing ploy to encourage consumers to shop for their wares online. In 2013, Cyber Monday online sales grew by 20.6% over 2012, hitting a record $2.29 billion, with an average order of $128. Best Buy posted its Cyber Monday deals on its site – …

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Black Friday 2014: The Best Deals

Black Friday, which historically has occurred on the day after Thanksgiving (the fourth Thursday of November), is often regarded as the beginning of the holiday shopping season. Some of the most notable deals from various businesses include: Best Buy, which opens at 8 a.m., local time, and closes at 10 p.m.: – a Panasonic 50″ Class LED 1080p HDTV for …

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Best Buy Black Friday 2014 Deals

Black Friday, a ritual when ravenous consumers hoard big-box retailers to secure their deals, is right around the corner, and Best Buy is offering deals online now, and will commence in-store deals on Thanksgiving day. The online deals are now live, and the in-store doorbusters begin on Thursday at 5 p.m., local time, and over 1,000 stores in 47 states …

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Apple Pay Is Missing Some Key Retailers

Apple announced new payments platform Apple Play at its big iPhone/Apple Watch event on Tuesday. The feature, which makes use of the NFC technology present in the newest iPhone models, will allow consumers to pay for goods and services online and offline by scanning their phones rather than swiping traditional credit and debit cards. Apple Pay might just be the …

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Laptop Sales See New Revival After Decline Of Tablet

Laptop sales have been increasing lately with the decline of tablet sales. The tablet, once touted as the laptop killer, is slowly sinking in popularity. The reason behind the increase in laptop sales is said to be partly due to Microsoft stopping its support for the Windows XP operating system. Best Buy CEO Hubert Joly stands by this idea as …

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Laptop Deals: Top 10 Black Friday Laptop Deals

There are only two more days until the shoppers will be bombarding their local retail stores in search of the year’s best deals. One of the main items on people’s lists this year is laptops. If you are planning on going on the hunt for a new laptop, we have the top 10 best deals for Black Friday. I4U.com has …

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Best Buy Black Friday Doorbuster Deals

Consumer electronics big-box retailer Best Buy has posted some of its Black Friday 2013 doorbusters online. Amidst Walmart’s complicated 2013 triad of pre-Black Friday sales events, which some might say have diminished the entire concept of Black Friday retail deal-rushing madness, as well has Sears’ online member’s-only presale, Best Buy has launched its own complex pre-Friday sales-viewing advertisement. What does …

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Samsung Galaxy S4s are Free on Black Friday (Whoa)

The day after Thanksgiving could be your day to finally upgrade your phone: The most recent edition of the highly popular Samsung smartphone, the Galaxy S4 will be free on Black Friday. Of course, this is with a two-year contract only. This is still a great deal, especially for those who have been looking at their Galaxy S3s with a …

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Best Buy CEO Dumps Stake To Pay For Divorce

Divorces are always a little messy. They tend to be especially harsh when there is money involved. That is the lesson that is being learned the hard way by the CEO of electronic retail giant Best Buy. Hubert Joly, who has lead Best Buy to a resurgence and accompanying increases in profit, reportedly sold 20% of his stake in the …

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Best Buy Jumps The Gun On New Nexus 7 Pre-Orders, Confirms Android 4.3’s Existence

Google will be hosting an event this morning with Android and Chrome boss Sundar Pichai. We all kind of assumed it would have something to do with Android, but the specifics were still a mystery until Best Buy jumped the gun. Best Buy launched the pre-order pages for both the 16GB and 32GB variants of the Nexus 7 this morning …

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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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Best Buy Founder Schulze Makes Sure Board Knows He’s Serious About That Acquisition

Last week, Best Buy Founder Richard Schulze announced an offer to buy back the company he started for an estimated $8 billion. Today, he sent a letter to the Board of Directors affirming his commitment to the acquisition, and urging the Board to grant him permission to form a group and conduct due diligence, so he can present a fully …

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Mobile Pay Options About To Increase With Merchant Customer Exchange

A group of retailers, including Walmart, Target, 7-Eleven, Best Buy, CVS, Lowe’s, Shell, Publix, Sears, Alon, Darden, HyVee, Michael’s and Sunoco are teaming up to offer customers another mobile payments option. The initiative is called Merchant Customer Exchange (MCX). The group of retailers behind MCX, which will grow, seems to think that they have an edge over mobile payments competitors …

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Best Buy Offer: Founder Wants To Buy His Company Back For $24 To $26 Per Share

Best Buy founder Richard Schulze has made an offer to buy Best Buy back, and to take it private. The offer, estimated at $8 billion, is for a price of $24.00 to $26.00 per share in cash. Best Buy stock is up on this news. At the time of this writing, it’s at: 19.91 +2.27‎ (12.87%‎). “There is no question …

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Best Buy Stores Makeover: Retailer Starts to Think Smaller

Best Buy stores makeover: Expect the size of the retail giant’s stores to shrink considerably in the near future. In an effort to combat the shrinking revenue from their numerous oversized locations, Best Buy is building a new prototype store near its Minnesota headquarters that will pull a page straight out of the Apple playbook. Instead of carrying every possible …

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Google Chromebooks Now Available At 100 Best Buy Stores

Now, before someone snipes me with a “Chromebooks are already available at Best Buy’s online store,” the significance of this is Google’s portable computer will be available in Best Buy’s brick-and-mortar stores, meaning you can go in and get a hands-on perspective before you lay your money down. Naturally, this directly affects American consumers. While there are international Best Buy …

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Subsidized Xbox 360 Coming to Best Buy and GameStop

Larry “Major Nelson” Hryb, announced this morning that the subsidized $99 Xbox 360 will be coming to Best Buy and GameStop stores later this month. Hyrb, a member of the Xbox team at Microsoft and former host of the recently cancelled Major’s Minute Inside Xbox show, announced the expansion of the $99 Xbox program over on his blog. From the …

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