Best Buy
Retailer and Company
Black Friday bargain-hunters start long before dawn...line was barely 10 deep. Marie Michaud and her sister Pat Thomas, both teachers from Kensington, joined the Best Buy line at 3 a.m. so they could snatch up a Compaq Netbook for Michaud's 12-year-old daughter. Regularly priced at $449, the... In this article: Black Friday and Best Buy |
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USATODAY.com | November 03, 2009
Best Buy embraces digital delivery of home video
Best Buy embraces digital delivery of home video SAN FRANCISCO Best Buy is trying to nudge consumers away from its stores' DVD aisles by making it easier for them to rent and buy movies over high-speed Internet connections. The largest U.S....
In this article: DVD, Netflix, All rights reserved, Blu-ray, Blockbuster, Amazon.com, USA Today, and Apple
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bizjournals: Local Business News | November 15, 2009
Wal-Mart, Amazon duel on Black Friday Blackberry deals
...season on Nov. 27. Deals on electronics such as the Wal-Mart and Amazon Blackberry offers are jumping the gun with Target and Best Buy also joining in with deals on laptops, DVD players and high-definition TVs. Overall the National...
In this article: BlackBerry, Wal-Mart, Amazon, Black Friday, DVD, National Retail Federation, T-Mobile, Storm, and Sprint
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International Herald Tribune | November 03, 2009
Best Buy Prepares for the Post-DVD Era
Best Buy Prepares for the Post-DVD Era Best Buy sells a lot of DVDs, but it is taking another step to get ready for the day when that business shifts online. The giant electronics retailer on Tuesday is announcing a partnership with Sonic...
In this article: DVD, Blockbuster, CinemaNow, Blu-ray Disc, Netflix, Cisco Systems, California, and Galleon Group
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The O.C. Register | November 03, 2009
Best Buy to offer streaming movie rentals
...devices. The rental fees are $2.99 to $3.99 and offer movies for a 24-hour period. Best Buy plans to offer movies on the same day they are available on DVD. Also, it plans to use the actual DVD to help sell digital copies of the same...
In this article: Best Buy Co., DVD, CinemaNow, Blu-ray Disc, Blockbuster, Sonic Solutions, Amazon, and Netflix
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chicagotribune.com - Business | November 08, 2009
Best Buy prepares for a shift to downloads
Historically, however, Best Buy has used CDs and DVDs, which combined with video games accounted for 17% of the company's revenue in its last fiscal year, to drive sales of far more profitable televisions, DVD players and stereos. Now it...
In this article: Napster, Apple, Wal-Mart, Amazon.com, CinemaNow, DVD, and Blu-ray Disc
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Fool.com: The Motley Fool | November 10, 2009
10 Stocks Shaking the Market
...disc players, set-top boxes, and mobile phones. But without a doubt, more than one analyst considers Best Buy's move to compete directly with Apple's iTunes as the company's next big mistake. Sonic previously teamed up with Blockbuster to...
In this article: Sonic, Redbox, Netflix, DVD, IMS Health, Coinstar, Sonic Solutions, Nasdaq, and Apple
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About.com | November 13, 2009
Best Buy Goes Blu For The Holidays and Black Friday Preview
...retail space to Blu-ray Discs. This means that its in-store DVD and CD offerings will be reduced and de-emphasized in anticipation of increased demand for Blu-ray Disc products this holiday season. For all the details, check out the...
In this article: Blu-ray Disc, Black Friday, DVD, Home Media Magazine, and Panasonic
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St. Petersburg Times | 2 hours ago
Black Friday in Pasco is one Supercenter's first, one Target's last
"We were late bloomers," she said. "We got one of the last ones," she said. Then they hit Best Buy for discount DVDs and a $98 digital camera on sale for $50. She bagged a DVD player at the Land O'Lakes Walmart for $50. Her next stop was...
In this article: Target, Black Friday, DVD, and Xbox 360
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Description from Wikipedia:
Best Buy Co., Inc. (NYSE: BBY) is a specialty retailer of consumer electronics in the United States accounting for 19% of the market. It also operates in Canada, Mexico, and China. The company's subsidiaries include Geek Squad, Magnolia Audio Video, Pacific Sales, and, in Canada operates under both the Best Buy and Future Shop label. Together these operate more than 1,150 stores in the United States, Puerto Rico, Canada, China , Mexico and Turkey. The company's corporate headquarters are located in Richfield, Minnesota, USA. On June 26, 2007, Best Buy announced a 40% increase in its operations, with plans to operate more than 1,800 stores worldwide, including 1,400 Best Buy stores in the U.S.
Best Buy was named "Company of the Year" by Forbes magazine in 2004, "Specialty Retailer of the Decade" by Discount Store News in 2001, ranked in the Top 10 of "America's Most Generous Corporations" by Forbes magazine, and made Fortune Magazine's List of Most Admired Companies in 2006.
On March 9, 2009, Best Buy became the primary electronics retail store (online and bricks and mortar) in the eastern United States, after smaller rival Circuit City went out of business. Fry's Electronics remains a major competitor in the western United States.
- Name:
- Best Buy Co., Inc.
- Type:
- Public (NYSE: BBY)
- Location:
- Richfield, Minnesota
- Founded:
- 1966
- Stock Symbol:
- BBY
- Industry:
- Retail
- Key People:
-
- Richard M. Schulze, Founder & Chairman
- Brian J. Dunn, CEO
- Brad Anderson, Vice Chairman
- Products:
- Consumer electronics
- Revenue:
- US$ 45.015 billion (2008)
- Operating Income:
- US$ 1.759 billion (2008)
- Net Income:
- US$ 1.003 billion (2008)
- Assets:
- US$ 15.826 billion (2008)
- Equity:
- US$ 4.643 billion
- No. of Employees:
- 155,000 (2009)
- Subsidiaries:
- Motto:
- You, Happier.
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