frankieleon

Best Buy Increasing Online Sales, Still Not Dead

A few years ago, it seemed like Best Buy was nothing more than a poorly decorated Amazon and Newegg showroom, and the business of big-box electronics stores was doomed. Sometimes, though, the popular wisdom isn’t true, and an electronics store that appears to be doomed can make a comeback. [More]

quinn.anya

16 Companies That Started Out Life With A Different Name

They’re names you probably come into contact with every day — Walmart, McDonald’s, Nike, and more — but they were once newcomers on the scene, with names they shed years ago. [More]

Ann Fisher

Retailers Trying To Lure College Customers Now So They’ll Become Lifelong Shoppers

Often when a shopper is loyal to a brand, product, or company, it’s simply because they have a long history with it. That’s why retailers are trying to hook college-age students now — even before full-time jobs bring them a disposable income — in the hopes that they’ll become lifelong shoppers. [More]

JeepersMedia

Best Buy Closing 160 Samsung Mini-Stores, Expanding 250 Others

In recent years, Best Buy has taken to carving up some of its stores’ square footage and turning those areas into stores-within-a-store, including a slew of Samsung Experience Shops. Three years into the project, it seems the retailer is changing a few things up. [More]

Ron Dauphin

Best Buy Pilot Program Sends Non-Geek Squad Techs To Your House

Tell us if this sounds familiar: Best Buy has a program that will send tech-savvy staffers to your house to troubleshoot issues with your electronics (while also trying to upsell you on new products).  It’s a service model the retailer has been pushing for more than a decade through its Geek Squad and Magnolia brands, but it’s getting yet another makeover in a new pilot program.
[More]

frankieleon

Best Buy CEO Sells Half Of His Vested Shares, Remains Totally Confident In Company

Remain calm, investors, shoppers, and employees of Best Buy. Okay, yes, Best Buy CEO Hubert Joly sold half of the shares in the company that he owns that are vested and that he’s legally allowed to sell, but that’s just about his personal investment choices, not meant as a statement about the future of the company. Hey, why is the stock price falling? [More]

frankieleon

Best Buy Defies Everyone’s Expectations, Is Mysteriously Not Dead

Over the last few years, Best Buy has taken the internet’s snide jokes about using its stores as an Amazon showroom, listened to them, and then stubbornly refused to go out of business. Best Buy calls its results this quarter “better than expected,” which is true, but their continuing existence is also “better than expected.” It’s the last national big-box electronics retailer standing, with $39.5 billion in revenue during the fiscal year that ended in January 2016 and growing online sales. [More]

frankieleon

Don’t Throw Away Prepaid Debit Cards After You Use Them To Make A Purchase

If you exhaust all the money on a prepaid debit card and have no intention of refilling it, your tendency is probably to simply discard the piece of plastic and move on with your life. But you may want to hold on to that card for a while, lest you have to jump through hoops if you return the purchase. [More]

Oculus Suggests Bereft Rift Pre-Orderers Should Go To Best Buy Instead

Oculus Suggests Bereft Rift Pre-Orderers Should Go To Best Buy Instead

Oculus began accepting pre-orders for their Rift virtual reality headsets back in January, but not everyone who ordered early has their device yet. Those customers will probably be disappointed to hear that Oculus is going ahead with its retail strategy. Some devices will be available for retail sale at Microsoft stores and from Amazon on Friday, May 6, and available for special demos and for sale at a few Best Buy locations on Saturday, May 7. [More]

Best Buy’s Geek Squad Ditches Retro-Chic Beetles For Environmentally-Friendly Priuses

Best Buy’s Geek Squad Ditches Retro-Chic Beetles For Environmentally-Friendly Priuses

Volkswagen Beetles? That’s so last decade, at least where Best Buy’s Geek Squad is concerned: the tech support service is trading in the retro, kitschy appeal of the VW Beetle for the environmentally-friendly Toyota Prius. [More]

frankieleon

Best Buy Moving Forward With Same-Day Delivery, Adds 11 Cities To Pilot

Six months after Best Buy jumped on the same-day delivery bandwagon by launching a pilot program in San Francisco, the electronics retailer plans to expand those tests to additional cities around the country.  [More]

Best Buy Is Closing Website To Third-Party Sellers Today

Best Buy Is Closing Website To Third-Party Sellers Today

Allowing third-party sellers to sell on an e-commerce site can instantly expand a retailer’s online offerings without the retailer having to invest in more merchandise, but can also confuse shoppers who want to return their merchandise. After 5 years, Best Buy is shutting down its third-party marketplace today, citing shopper confusion and a decision to invest in other parts of the business as their main reasons. [More]

Williams-Sonoma Wasn’t Really Running A ‘Buy One Knife, Get 99 Free’ Sale

Williams-Sonoma Wasn’t Really Running A ‘Buy One Knife, Get 99 Free’ Sale

Some of our readers experience a modern moral dilemma: they order an item online, and multiple duplicates of that item appear on their doorstep. The retailer makes no attempt to collect the extra items, and sometimes doesn’t want to bother with getting them back. Two of our readers have experienced this recently: one changed a TV order and received an extra by mistake, and the other ordered knife and received 99 extra. That is not a typo. [More]

(Mike Mozart)

Best Buy’s Geek Squad Deploys To Help Air Travelers For Free

Best Buy’s Geek Squad is setting up an outpost in an unexpected location. They’re deploying tech support teams to the airport nearest Best Buy headquarters, Minneapolis-St. Paul International, to help travelers with their electronics, provide a free charging station and computers for public user, give away gadget prizes, and of course to promote their brand to thousands of people of people who travel to, from, or through the airport. [More]

Samsung Offering To Pay Customers Who Sign Up For Its Mobile Payment System

Samsung Offering To Pay Customers Who Sign Up For Its Mobile Payment System

When it comes to competing in the mobile payment arena, Samsung has a plan to convince customers to pay for stuff with its technology: the company is offering up free gift cards to people who sign up for Samsung Pay.

[More]

(Ryan)

Big-Box Stores Predict Electronics Won’t Be Big Sellers This Year

To make consumers want a gadget and not-so-subtly hint that they would really like that item as a gift this year, that gift has to be very innovative. Since what’s on the market are simply upgraded versions of the items that people already have, there aren’t any hot technology items like the Great Netbook Craze of half a decade ago. That’s why big-box tech stores are predicting sort of a glum holiday season. [More]

Best Buy Adds Same-Day Delivery Test In San Francisco

Best Buy Adds Same-Day Delivery Test In San Francisco

Last-minute holiday shopping just got a bit easier for some Californians who simply forget to grab a gift for your electronics-loving family and friends: Best Buy is testing same-day delivery.  [More]

Best Buy Offers Free Shipping For All Orders During The Entire Holiday Season

Best Buy Offers Free Shipping For All Orders During The Entire Holiday Season

Sometimes it’s just easier to bypass the hustle and bustle of the local mall and do all your holiday shopping from the comfort of your own home. One big problem with that: the sometimes costly shipping fees. Best Buy is hoping free shipping turns into more online sales this year.  [More]