With its restructuring, Best Buy will have a total of 192 locations across Canada—including 136 large-format stores and 56 Best Buy Mobile stores.
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Best Buy’s stock price is down 3.55% compared to the beginning of 2010. In contrast, Amazon’s stock is up 120.7% compared to 2010.
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Gauging a company's debt levels is crucial to understanding its financial health. Maintaining high debt levels in uncertain times can be damaging.
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Best Buy's domestic online same-store sales surged by 21.6%, driven by its shop-from-store strategy, enhanced website, and marketing efforts.
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Best Buy's margins might continue to come under pressure because of its price matching policy and sales mix.
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As part of its turnaround strategy, Best Buy is also revamping its stores and trying to encourage more robust store traffic.
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A Black Friday sale at a big-box retailer is a dance that needs a master choreographer. As shoppers glide through aisles, lunge after merchandise and dart urgently in and out of line, there’s an art to keeping them moving and keeping them happy.
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Best Buy Co. (BBY) ’s decline in holiday sales, which triggered the biggest drop in its stock in more than a decade yesterday, is raising doubts over Chief Executive Officer Hubert Joly’s turnaround strategy.
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Last year, electronics-giant Best Buy delivered a series of disappointing earnings reports, sending investors to the exits and sending the company’s stock down to levels not seen in more than a decade. Many observers saw in all this the inevitable triumph of e-commerce over the big-box store business model. Megastores like Best Buy offer a huge selection of products at low prices, but online ...
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Goldman Sachs reinstates Best Buy with a buy rating while cuts RadioShack’s to sell from neutral.
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